Intra Day Trading - page 12
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A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 7 white candles versus 3 black candles with a net of 4 white candles.
The previous 50 candlestick bars, there are 30 white candles versus 20 black candles with a net of 10 white candles.
A engulfing bearish line has formed where a black candle's real body completely contains the previous white candle's real body. The engulfing bearish pattern is bearish during an uptrend (which is the case with Euro Dollar / US Dollar). It signifies that the momentum may be shifting from the bulls to the bears.
If the engulfing bearish pattern occurs during a downtrend, it may be a last engulfing bottom which indicates a bullish reversal. The test to see if this is the case is if the next candle closes above the bottom the current (black) candle's real body.
MACD is BULLISH as the MACD is above the signal line. The MACD crossedabove the signal line 2 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.59%, and has been fluctuating from a high of 1.397 to a low of 1.371. The MACD is currently not in an Overbought/Oversold range.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for Euro Dollar / US Dollar is Very Bullish
Euro Dollar / US Dollar closed below the upper Bollinger Band by 25.1%. Bollinger Bands are 56.43% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Euro Dollar / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 17 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
Elliott Waves High Volatility has detected an Isolated High at 1.40one bar ago; this is usually a bearish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.34 is increasing. The Relative Strength Index is at 57.00 in the neutral territory. The Relative Momentum Index is at 72.69 in the overbought territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.02, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 85.77. This value is in the overbought territory.
Overall, the bias in prices is: Upwards.
Short term: Prices are moving.
Intermediate term: Prices are trending.
*** Intra-Daily Trading Strategy: SELLEuro Dollar / British Pound
Sell Target:0.8382
Sell Stop: 0.8394
Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!
A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 6 white candles versus 4 black candles with a net of 2 white candles.
The previous 50 candlestick bars, there are 27 white candles versus 23 black candles with a net of 4 white candles.
A spinning top has formed which is a candle with a small real body. Spinning tops identify a session in which there is little price action as defined by the difference between the open and the close. During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.
MACD is BULLISH as the MACD is above the signal line. The MACD crossedabove the signal line 17 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / British Pound's price has increased 1.76%, and has been fluctuating from a high of 0.840 to a low of 0.819. The MACD is currently not in an Overbought/Oversold range.
Stochastic Oscillatoris currently above 80. This is an indication of an "overbought" condition. Stochastic signal was a Sell 2 Period(s) Ago.
Currently, the Momentum Oscillator is in an overbought condition.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 21 period(s) Ago.
The close is currently
ABOVE its 200 daily moving average
ABOVE its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for Euro Dollar / British Pound is Very Bullish
Euro Dollar / British Pound closed below the upper Bollinger Band by 21.8%. Bollinger Bands are 32.84% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
An Inside Day Narrow Range was detected by your Elliott Waves High Volatility on 25/03/14. This is usually a trade set-up opportunity.
Elliott Waves High Volatility has detected an Isolated High at 0.84one bar ago; this is usually a bearish sign that is not to be used alone!
Elliott Waves High Volatility has detected a Gann Swing or Pullback that is usually a bullish pattern! It should be used with other indicators.
The present wave patterns are:
fast amplitude (8%): bullish wave 1
Euro Dollar / British Pound is long term Bullish as the 144 days moving average of 0.83 is increasing. The Relative Strength Index is at 62.02 in the neutral territory. The Relative Momentum Index is at 69.45 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.01, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 43.78. This value is in the neutral territory.
Euro Dollar / British Pound is currently 0.4% below its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Trend forecasting oscillators are currently bullish on EURGBP and have had this outlook for the last 12 periods.
Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bearish
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.
The previous 50 candlestick bars, there are 27 white candles versus 23 black candles with a net of 4 white candles.
MACD is BEARISH as the MACD is below the signal line. The MACD crossedbelow the signal line 1 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 0.90%, and has been fluctuating from a high of 1.666 to a low of 1.647. The MACD is currently not in an Overbought/Oversold range.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 6 period(s) Ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for British Pound / US Dollar is Very Bullish
British Pound / US Dollar closed below the upper Bollinger Band by 25.2%. Bollinger Bands are 35.71% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Elliott Waves High Volatility has detected a Gann Swing or Pullback that is usually a bearish pattern! It should be used with other indicators.
The present wave patterns are:
fast amplitude (8%): bullish wave 3
British Pound / US Dollar is long term Bullish as the 144 days moving average of 1.60 is increasing. The Relative Strength Index is at 59.99 in the neutral territory. The Relative Momentum Index is at 78.55 in the overbought territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.03, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 14.73. This value is in the oversold territory.
Overall, the bias in prices is: Upwards.
Short term: Prices are stalling.
Intermediate term: Prices are trending.
*** Intra-Daily Trading Strategy: SELLEuro Dollar / US Dollar
Sell Target:1.3769
Sell Stop: 1.3782
Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.
The previous 50 candlestick bars, there are 26 white candles versus 23 black candles with a net of 3 white candles.
A spinning top has formed which is a candle with a small real body. Spinning tops identify a session in which there is little price action as defined by the difference between the open and the close. During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.Three white candles has formed during the last three bars. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
MACD is BEARISH as the MACD is below the signal line. The MACD crossedbelow the signal line 8 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.06%, and has been fluctuating from a high of 1.387 to a low of 1.370. The MACD is currently not in an Overbought/Oversold range.
A Stochastic BUY signal was generated today. The Stochasticindicator is currently generating a BUY signal against the direction of the major trend.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Sell 8 period(s) ago.
The close is currently
ABOVE its 200 daily moving average
ABOVE its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for Euro Dollar / US Dollar is Bullish
Euro Dollar / US Dollar closed above the lower Bollinger Band by 27.2%. Bollinger Bands are 32.20% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
An Inside Day Narrow Range was detected by your Elliott Waves High Volatility on 01/04/14. This is usually a trade set-up opportunity.
Elliott Waves High Volatility has detected an Isolated High at 1.38one bar ago; this is usually a bearish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.36 is increasing. The Relative Strength Index is at 48.66 in the neutral territory. The Relative Momentum Index is at 49.60 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at -0.00, in negative territory; this is a bearish sign. An equally important indicator, the STORSI is at 20.31. This value is in the oversold territory.
Euro Dollar / US Dollar is currently 1.9% above its 200-period moving average and is in an downward trend. Volatility is low as compared to the average volatility over the last 10 periods. Our volume indicators reflect very strong flows of volume into EURUSD (bullish). Our trend forecasting oscillators are currently bearish on EURUSD and have had this outlook for the last 2 periods.
Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
Euro Dollar / British Pound broke above the upside resistance level of 0.82, 6 week(s) ago. This is a bullish sign. This previous resistance level of 0.82 may now provide downside support. Prices having only risen 0.02% since the breakout.
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 6 white candles versus 4 black candles with a net of 2 white candles.
The previous 50 candlestick bars, there are 27 white candles versus 23 black candles with a net of 4 white candles.
A doji star has formed where a doji gaps above or below the previous candle. This often signals a reversal with confirmation occurring on the next bar.A long upper shadow has formed. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).
MACD is BULLISH as the MACD is above the signal line. The MACD crossedabove the signal line 3 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / British Pound's price has decreased 1.10%, and has been fluctuating from a high of 0.840 to a low of 0.825.
SAR signal was a Buy 3 period(s) Ago.
The close is currently
BELOW its 200 weekly moving average
BELOW its 50 weekly moving average
BELOW its 20 weekly moving average
The current market condition for Euro Dollar / British Pound is Very Bearish
Euro Dollar / British Pound closed above the lower Bollinger Band by 34.7%. Bollinger Bands are 56.61% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Euro Dollar / British Pound's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 4 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
An Inside Day Narrow Range was detected by your Elliott Waves High Volatility on 04/04/14. This is usually a trade set-up opportunity.
Elliott Waves High Volatility has detected an Isolated Low at 0.82one bar ago ; this is usually a bullish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 1
Euro Dollar / British Pound is long term Bearish as the 144 days moving average of 0.84 is decreasing. The Relative Strength Index is at 45.32 in the neutral territory. The Relative Momentum Index is at 42.54 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at -0.00, in negative territory; this is a bearish sign. An equally important indicator, the STORSI is at 69.32. This value is in the neutral territory.
Overall, the bias in prices is: Downwards.
Short term: Prices are stalling.
Intermediate term: Prices are ranging.
*** Intra-Daily Trading Strategy: SELLEuro Dollar / US Dollar
Sell Target:1.3740
Sell Stop: 1.3750
Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.
The previous 50 candlestick bars, there are 27 white candles versus 22 black candles with a net of 5 white candles.
A spinning top has formed which is a candle with a small real body. Spinning tops identify a session in which there is little price action as defined by the difference between the open and the close. During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.
MACD is BEARISH as the MACD is below the signal line. The MACD crossedbelow the signal line 13 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.28%, and has been fluctuating from a high of 1.387 to a low of 1.367. The MACD is currently not in an Overbought/Oversold range.
A Stochastic BUY signal was generated today. The Stochasticindicator is currently generating a BUY signal against the direction of the major trend.
ADX is currently below both Plus and Minus Directional indicators. This should not use to initiate any trades right now.
The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a SELL 113 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 13 period(s) ago.
The close is currently
ABOVE its 200 daily moving average
BELOW its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for Euro Dollar / US Dollar is Mildly Bullish
Euro Dollar / US Dollar closed above the lower Bollinger Band by 27.3%. Bollinger Bands are 23.41% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
An Inside Day Narrow Range was detected by your Elliott Waves High Volatility on 08/04/14. This is usually a trade set-up opportunity.
Elliott Waves High Volatility has detected an Isolated High at 1.37one bar ago; this is usually a bearish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.36 is increasing. The Relative Strength Index is at 46.61 in the neutral territory. The Relative Momentum Index is at 44.16 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at -0.00, in negative territory; this is a bearish sign. An equally important indicator, the STORSI is at 38.55. This value is in the neutral territory.
Euro Dollar / US Dollar is currently 1.6% above its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Trend forecasting oscillators are currently bearish on EURUSD and have had this outlook for the last 7 periods.
Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
British Pound / US Dollar broke above the upside resistance level of 1.67 this week. This is a bullish sign. This previous resistance level of 1.67 may now provide downside support.
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.
The previous 50 candlestick bars, there are 27 white candles versus 23 black candles with a net of 4 white candles.
MACD is BEARISH as the MACD is below the signal line.
The MACD crossedbelow the signal line 3 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 1.46%, and has been fluctuating from a high of 1.680 to a low of 1.647. The MACD is currently not in an Overbought/Oversold range.
RSI and price of British Pound / US Dollar are not diverging.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 8 period(s) Ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for British Pound / US Dollar is Very Bullish
British Pound / US Dollar closed below the upper Bollinger Band by 13.3%. Bollinger Bands are 44.59% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to British Pound / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 1 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
The present wave patterns are:
fast amplitude (8%): bullish wave 3
British Pound / US Dollar is long term Bullish as the 144 days moving average of 1.60 is increasing. The Relative Strength Index is at 61.75 in the neutral territory. The Relative Momentum Index is at 75.63 in the overbought territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.04, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 30.63. This value is in the neutral territory.
Overall, the bias in prices is: Upwards.
Short term: Prices are moving.
Intermediate term: Prices are trending.
*** Intra-Daily Trading Strategy: BUYEuro Dollar / US Dollar
Buy Target: 1.3817
Buy Stop: 1.3801
Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!
Euro Dollar / US Dollar broke above the upside resistance level of 1.38, 5 days ago. This is a bullish sign. This previous resistance level of 1.38 may now provide downside support. Prices having only risen 0.29% since the breakout, the validity of the breakout is questionable. The most recently confirmed downside support level for Euro Dollar / US Dollar is around 1.28. Expect prices to have some difficulty falling below this level. A break below this level (particularly on heavy trading) would be a bearish sign.
A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 4 white candles versus 6 black candles with a net of 2 black candles.
The previous 50 candlestick bars, there are 26 white candles versus 23 black candles with a net of 3 white candles.
Three black candles has formed during the last three bars. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.MACD is BULLISH as the MACD is above the signal line.
The MACD crossedabove the signal line 4 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.33%, and has been fluctuating from a high of 1.390 to a low of 1.379. The MACD is currently not in an Overbought/Oversold range.
Stochastic was a Buy 6 Period(s) Ago.
ADX is currently below both Plus and Minus Directional indicators.
SAR signal was a Buy 5 period(s) Ago.
The close is currently
ABOVE its 200 daily moving average
ABOVE its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for Euro Dollar / US Dollar is Very Bullish
Euro Dollar / US Dollar closed below the upper Bollinger Band by 38.4%. Bollinger Bands are 45.63% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Euro Dollar / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 1 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
An Inside Day Narrow Range was detected by your Elliott Waves High Volatility on 16/04/14. This is usually a trade set-up opportunity.
Elliott Waves High Volatility has detected an Isolated Low at 1.38one bar ago ; this is usually a bullish sign that is not to be used alone! Elliott Waves High Volatility has detected a Gann Swing or Pullback that is usually a bearish pattern! It should be used with other indicators.
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.36 is increasing. The Relative Strength Index is at 51.96 in the neutral territory. The Relative Momentum Index is at 61.17 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.00, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 55.36. This value is in the neutral territory.
Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
When you say buy at the open what time are you refereeing to? 08:00 GMT+1?
British Pound / US Dollar broke above the upside resistance level of 1.67, 1 week(s) ago. This is a bullish sign. This previous resistance level of 1.67 may now provide downside support. Prices having only risen 0.38% since the breakout.
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 6 white candles versus 4 black candles with a net of 2 white candles.
The previous 50 candlestick bars, there are 27 white candles versus 23 black candles with a net of 4 white candles.
MACD is BEARISH as the MACD is below the signal line. The MACD crossedbelow the signal line 4 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 1.85%, and has been fluctuating from a high of 1.684 to a low of 1.647. The MACD is currently not in an Overbought/Oversold range.
The price of British Pound / US Dollar has set a new 14-period high while the RSI has not. This is a BEARISH DIVERGENCE.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 9 period(s) Ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for British Pound / US Dollar is Very Bullish
British Pound / US Dollar closed below the upper Bollinger Band by 8.0%. Bollinger Bands are 41.43% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to British Pound / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 2 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected a Gann Swing or Pullback that is usually a bullish pattern! It should be used with other indicators.
The present wave patterns are:
fast amplitude (8%): bullish wave 3
British Pound / US Dollar is long term Bullish as the 144 days moving average of 1.60 is increasing. The Relative Strength Index is at 63.37 in the neutral territory. The Relative Momentum Index is at 76.50 in the overbought territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.04, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 39.02. This value is in the neutral territory.
Overall, the bias in prices is: Upwards.
Short term: Prices are stalling.
Intermediate term:Prices are trending.
Note: chart shows extraordinary price action to the upside.