Intra Day Trading - page 27

 

USD/JPY WEEKLY as of Monday, 11 May, 2015

VIT Weekly Analysis

Review of US Dollar / Japanese Yen (USDJPY)

as of 08/05/15

Volatility Analysis

On 08/05/15, US Dollar / Japanese Yen closed up 0.3600 at 119.7860

Period StatisticalChange

10-period 13.2821 -0.21

21-period 14.0060 -2.84

39-period 22.5550 -0.19

90-period 19.1346 -0.13

Bollinger Bands are 54.31% narrower than normal. US Dollar / Japanese Yen is currently experiencing very low volatility as compared to its normal range. The probability of volatility increasing with a sharp price move is likely in the near future.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 39.5505. This is not an overbought or oversold reading. The last signal was a sell 7 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 60.87.This is not a topping or bottoming area. The last signal was a sell 7 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 23. This is not a topping or bottoming area.The last signal was a sell 7 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 16 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 8 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 87 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 75 period(s) ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 9 period(s) ago.

Summary

The current market condition for US Dollar / Japanese Yen is: Very Bullish

The close is currently above its 200 period moving average.

The close is currently above its 90 period moving average.

The close is currently above its 30 period moving average.

Analysis of activity through 14/02/14

close: 101.7720

The current trend is up and all orders on the long side may be considered. If already holding long positions, we would look to partial profits on any retracement to 100.7540. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 100.7540.

Be prepared for a potential short term price pull back to the 102.4889 area.

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*** Intra-Daily Trading Strategy: BUYEuro Dollar / US Dollar

Buy Target: 1.1184

Buy Stop: 1.1081

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!!!!!

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 24 white candles versus 26 black candles with a net of 2 black 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 17 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 3.61%, and has been fluctuating from a high of 1.139 to a low of 1.063.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

A Stochastic SELL signal was generated today.

The Stochasticindicator is currently generating a SELL signal against the direction of the major trend.AStochastic Bearish divergence signal was generated today.The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 2 period(s) ago.

Currently the RSI does not show any Failure Swings. The RSI and price of Euro Dollar / US Dollar are not diverging.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.

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 24 period(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 12 period(s) Ago.

The close is currently

BELOW 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 Mildly Bearish

Euro Dollar / US Dollar closed below the upper Bollinger Band by 30.8%. Bollinger Bands are 71.49% wider than normal.

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VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 12/05/15

Volatility Analysis

On 12/05/15, British Pound / US Dollar closed up 0.0094 at 1.5667

Period StatisticalChange

10-period 13.0504 -0.14

21-period 10.3742 0.07

39-period 11.3227 -0.48

90-period 10.7306 -0.07

Bollinger Bands are 55.11% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 89.3070. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a sell 7 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 72.02.This is where it usually tops which often occurs before the underlying asset. The last signal was a sell 8 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 168.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a sell 7 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 19 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 100 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 670 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 78 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 17 period(s) ago.

Summary

The current market condition for British Pound / US Dollar is: Very Bullish

The close is currently above its 200 period moving average.

The close is currently above its 90 period moving average.

The close is currently above its 30 period moving average.

Analysis of activity through 23/02/15

close: 1.5452

The current trend is up and all orders on the long side may be considered. If already holding long positions, we would look to partial profits on any retracement to 1.5209. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.5197. Be prepared for a potential short term price fall back to the 1.5317 area.

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A black body has formed as prices closed lower than open.

The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.

The previous 50 candlestick bars, there are 32 white candles versus 18 black candles with a net of 14 white candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 16 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.32%, and has been fluctuating from a high of 122.015 to a low of 116.873.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

No Stochastic Buy or Sell signals generated today. The last signal was a Sell 131 Period(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 8 period(s) ago.

Currently the RSI does not show any Failure Swings. The RSI and price of US Dollar / Japanese Yen are not diverging.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a SELL 86 period(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 10 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 US Dollar / Japanese Yen is Very Bullish

US Dollar / Japanese Yen closed below the upper Bollinger Band by 49.0%. Bollinger Bands are 54.72% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen'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 6 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.

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*** Intra-Daily Trading Strategy: SELLEuro Dollar / US Dollar

Sell Target:1.1269

Sell Stop: 1.1502

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.

MACD is BULLISH as the MACD is above the signal line.

The MACD crossedabove the signal line 22 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 5.32%, and has been fluctuating from a high of 1.147 to a low of 1.063.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

The Stochastic Oscillatoris currently above 80. This is an indication of the security being in an "overbought" condition. No Stochastic Buy or Sell signals generated today. The last signal was a Sell 5 Period(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 7 period(s) ago.

Currently the RSI does not show any Failure Swings. The RSI and price of Euro Dollar / US Dollar are not diverging.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a SELL 29 period(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 17 period(s) Ago.

The close is currently

BELOW 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 Mildly Bearish

Euro Dollar / US Dollar closed below the upper Bollinger Band by 26.8%. Bollinger Bands are 61.62% wider than normal.

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eur_4.png  44 kb
 

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 19/05/15

Volatility Analysis

On 19/05/15, British Pound / US Dollar closed down -0.0149 at 1.5512

Period StatisticalChange

10-period 11.1739 2.89

21-period 11.5755 0.82

39-period 10.4090 0.52

90-period 10.9553 0.18

Bollinger Bands are 51.28% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 48.0420. This is not an overbought or oversold reading. The last signal was a sell 1 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 58.09.This is not a topping or bottoming area. The last signal was a sell 1 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 25. This is not a topping or bottoming area.The last signal was a sell 1 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 24 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 105 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 675 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 83 period(s) Ago.

Stop and Reverse (SAR)

An SAR Sell signal was generated today. If you are long, this might be a good place to exit.

Summary

The current market condition for British Pound / US Dollar is: Mildly Bearish

The close is currently below its 200 period moving average.

The close is currently above its 90 period moving average.

The close is currently above its 30 period moving average.

Analysis of activity through 19/05/15

close: 1.5512

The current trend is up and all orders on the long side may be considered. If already holding long positions, we would look to partial profits on any retracement to 1.5163. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.5089. Be prepared for a potential short term price fall back to the 1.5449 area.

Files:
gbp_2.png  36 kb
 

A bigbullish white candle has formed. Prices closed considerably higher than open. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off a support area, a moving average, trend line, or retracement level, the long white candle adds credibility to the support. Likewise, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.

The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.

The previous 50 candlestick bars, there are 32 white candles versus 18 black candles with a net of 14 white candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 17 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 3.22%, and has been fluctuating from a high of 122.015 to a low of 116.873.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

No Stochastic Buy or Sell signals generated today. The last signal was a Sell 132 Period(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 9 period(s) ago.

Currently the RSI does not show any Failure Swings. The price of US Dollar / Japanese Yen has set a new 14-period high while the RSI has not. This is a BEARISH DIVERGENCE.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a SELL 87 period(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 11 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 US Dollar / Japanese Yen is Very Bullish

US Dollar / Japanese Yen closed above the upper Bollinger Band by 1.4%. Although prices have broken the upper Bollinger Band and an upside breakout is possible, the most likely scenario is for the current trading range that US Dollar / Japanese Yen is in to continue. Bollinger Bands are 50.28% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen'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 7 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.

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jpy-weekly.png  45 kb
 

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 25/05/15

Volatility Analysis

On 25/05/15, Euro Dollar / US Dollar closed down -0.0039 at 1.0969

Period StatisticalChange

10-period 15.8405 -0.17

21-period 15.4455 -0.02

39-period 14.0091 -0.24

90-period 16.2513 0.00

Bollinger Bands are 23.84% narrower than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 5.3941. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a sell 5 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 43.29.This is not a topping or bottoming area. The last signal was a sell 12 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -159.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 2 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 4 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 32 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 34 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 31 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 4 period(s) ago.

Summary

The current market condition for Euro Dollar / US Dollar is: Very Bearish

The close is currently below its 200 period moving average.

The close is currently below its 90 period moving average.

The close is currently below its 30 period moving average.

Analysis of activity through 25/05/15

close: 1.0969

The current trend is down and all orders on the short side may be considered. If already holding short positions, we would look to take partial profits at any retracement to 1.1466. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.1466. Be prepared for a potential short term price pull back to the 1.1142 area.

Files:
eur_2.png  45 kb
 

*** Intra-Daily Trading Strategy: BUYBritish Pound / US Dollar

Buy Target: 1.5450

Buy Stop: 1.5285

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!!!!!

* Chaos Trading System

SELL signal generated today. ENTER SELL and exit buy at market price on the next Daily open.

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 31 white candles versus 19 black candles with a net of 12 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 BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 2 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased 0.65%, and has been fluctuating from a high of 1.569 to a low of 1.535.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

No Stochastic Buy or Sell signals generated today. The last signal was a Sell 5 Period(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 6 period(s) ago.

The RSI has just reached its lowest value in the last 14 period(s). This is BEARISH signal.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a BUY 36 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 5 period(s) ago.

The close is currently

BELOW its 200 daily moving average

ABOVE its 50 daily moving average

BELOW its 20 daily moving average

The current market condition for British Pound / US Dollar is Bearish

British Pound / US Dollar closed above the lower Bollinger Band by 36.5%. Bollinger Bands are 38.47% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

Files:
gbp.png  47 kb
 

A bigbullish white candle has formed. Prices closed considerably higher than open. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off a support area, a moving average, trend line, or retracement level, the long white candle adds credibility to the support. Likewise, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.

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 33 white candles versus 17 black candles with a net of 16 white candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 18 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 5.42%, and has been fluctuating from a high of 124.450 to a low of 116.873.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

No Stochastic Buy or Sell signals generated today. The last signal was a Sell 133 Period(s) Ago.

The RSI is above 70. This is where it usually tops. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 10 period(s) ago.

The RSI has just reached its highest value in the last 14 period(s). This is BULLISHsignal.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a SELL 88 period(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 12 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 US Dollar / Japanese Yen is Very Bullish

US Dollar / Japanese Yen closed above the upper Bollinger Band by 26.2%. Although prices have broken the upper Bollinger Band and an upside breakout is possible, the most likely scenario is for the current trading range that US Dollar / Japanese Yen is in to continue. Bollinger Bands are 31.69% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

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