Intra Day Trading - page 40

 

US Dollar / Japanese Yen-USDJPYAs of 17/02/16

*** Intra-Daily Trading Strategy: SELLUS Dollar / Japanese Yen

Sell Target:113.6183

Enter NewSELLon OPEN and exitSELLpositions 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 2 white candles versus 8 black candles with a net of 6 black candles.

The previous 50 candlestick bars, there are 20 white candles versus 30 black candles with a net of 10 black candles.

A long lower shadow has formed. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).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 8 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 2.15%, and has been fluctuating from a high of 117.521 to a low of 110.986.

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 10 Day(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 Buy 2 day(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 10 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 10 day(s) ago.

The close is currently

BELOW its 200 daily moving average

BELOW its 50 daily moving average

BELOW its 20 daily moving average

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

US Dollar / Japanese Yen closed above the lower Bollinger Band by 25.3%. Bollinger Bands are 160.94% wider than normal.

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Weekly US Dollar / Japanese Yen-USDJPYAs of 19/02/16

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 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 BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 10 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 6.95%, and has been fluctuating from a high of 123.538 to a low of 110.986.

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

There have been no divergencesignals during the last 5 periods.

The Stochastic Oscillatoris currently below 20. This is an indication of the security being in an "oversold" condition. No Stochastic Buy or Sell signals generated today. The last signal was a Buy 3 Week(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 36 week(s) ago.

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

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 25 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 6 week(s) ago.

The close is currently

ABOVE its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

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

US Dollar / Japanese Yen closed below the lower Bollinger Band by 10.5%. This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely. Bollinger Bands are 31.61% wider 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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Daily US Dollar / Japanese Yen-USDJPYAs of 19/02/16

*** Intra-Daily Trading Strategy: BUYUS Dollar / Japanese Yen

Buy Target: 113.1307

Enter NewBUYon OPEN and exitBUYpositions 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 2 white candles versus 8 black candles with a net of 6 black candles.

The previous 50 candlestick bars, there are 19 white candles versus 31 black candles with a net of 12 black candles.

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

The MACD crossedbelow the signal line 10 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 3.63%, and has been fluctuating from a high of 117.521 to a low of 110.986.

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 12 Day(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 Buy 4 day(s) ago.

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

Currently, the Momentum Oscillator is in an oversold condition.

The last Directional Movement Indicators (DMI) signal was a SELL 12 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 12 day(s) ago.

The close is currently

BELOW its 200 daily moving average

BELOW its 50 daily moving average

BELOW its 20 daily moving average

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

US Dollar / Japanese Yen closed above the lower Bollinger Band by 16.0%. Bollinger Bands are 173.53% wider than normal.

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Euro Dollar / US Dollar-EURUSDAs of 22/02/16

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

Sell Target:1.0980

Enter NewSELLon OPEN and exitSELLpositions 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 bigbearish black candle has formed. Prices closed considerably lower than open. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area, a moving average, trend line, or price resistance level, the long black candle adds credibility to the resistance. Likewise, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area.

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 25 white candles versus 25 black candles.

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

The MACD crossedbelow the signal line 2 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.76%, and has been fluctuating from a high of 1.115 to a low of 1.100.

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 48 Day(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 day(s) ago.

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

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 36 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 3 day(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 Euro Dollar / US Dollar is Bearish

Euro Dollar / US Dollar closed above the lower Bollinger Band by 38.8%. Bollinger Bands are 25.01% wider 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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British Pound / US Dollar-GBPUSDAs of 23/02/16

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

Buy Target: 1.4105

Enter NewBUYon OPEN and exitBUYpositions 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 bigbearish black candle has formed. Prices closed considerably lower than open. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area, a moving average, trend line, or price resistance level, the long black candle adds credibility to the resistance. Likewise, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area.

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 16 white candles versus 34 black candles with a net of 18 black candles.

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

The MACD crossedbelow the signal line 1 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased 1.00%, and has been fluctuating from a high of 1.429 to a low of 1.401.

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

There have been no divergencesignals during the last 5 periods.

The Stochastic Oscillatoris currently below 20. This is an indication of the security being in an "oversold" condition. No Stochastic Buy or Sell signals generated today. The last signal was a Sell 11 Day(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 Buy 20 day(s) ago.

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

Currently, the Momentum Oscillator is in an oversold condition.

The last Directional Movement Indicators (DMI) signal was a SELL 12 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 11 day(s) ago.

The close is currently

BELOW its 200 daily moving average

BELOW its 50 daily moving average

BELOW its 20 daily moving average

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

British Pound / US Dollar closed below the lower Bollinger Band by 15.3%. Bollinger Bands are 12.24% wider 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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US Dollar / Japanese Yen-USDJPYAs of 24/02/16

*** Intra-Daily Trading Strategy: BUYUS Dollar / Japanese Yen

Buy Target: 112.4503

Enter NewBUYon OPEN and exitBUYpositions 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 4 white candles versus 6 black candles with a net of 2 black candles.

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

A long lower shadow has formed. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).MACD is BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 13 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 4.16%, and has been fluctuating from a high of 117.521 to a low of 110.986.

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

There have been no divergencesignals during the last 5 periods.

The Stochastic Oscillatoris currently below 20. This is an indication of the security being in an "oversold" condition. No Stochastic Buy or Sell signals generated today. The last signal was a Sell 15 Day(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 Buy 7 day(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 15 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 15 day(s) ago.

The close is currently

BELOW its 200 daily moving average

BELOW its 50 daily moving average

BELOW its 20 daily moving average

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

US Dollar / Japanese Yen closed above the lower Bollinger Band by 20.5%. Bollinger Bands are 179.94% wider than normal.

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Weekly US Dollar / Japanese Yen-USDJPYAs of 26/02/16

*** Intra-Weekly Trading Strategy: BUYUS Dollar / Japanese Yen

Buy Target: 114.9610

Enter NewBUYon OPEN and exitBUYpositions 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 4 white candles versus 6 black candles with a net of 2 black candles.

The previous 50 candlestick bars, there are 24 white candles versus 26 black candles with a net of 2 black candles.

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

The MACD crossedbelow the signal line 11 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 5.78%, and has been fluctuating from a high of 123.538 to a low of 110.986.

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

There have been no divergencesignals during the last 5 periods.

The Stochastic Oscillatoris currently below 20. This is an indication of the security being in an "oversold" condition. No Stochastic Buy or Sell signals generated today. The last signal was a Buy 4 Week(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 37 week(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 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 26 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 7 week(s) ago.

The close is currently

ABOVE its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

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

US Dollar / Japanese Yen closed above the lower Bollinger Band by 7.6%. Bollinger Bands are 42.50% wider than normal.

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Daily US Dollar / Japanese Yen-USDJPYAs of 26/02/16

*** Intra-Daily Trading Strategy: SELLUS Dollar / Japanese Yen

Sell Target:113.0280

Enter NewSELLon OPEN and exitSELLpositions 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 19 white candles versus 31 black candles with a net of 12 black candles.

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 BULLISH as the MACD is above the signal line.

The MACD crossedabove the signal line 0 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has been unchanged, and has been fluctuating from a high of 113.988 to a low of 112.559.

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 17 Day(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 Buy 9 day(s) ago.

The RSI has just reached its highest value in the last 14 day(s). This is BULLISH signal.

The RSI has set a new 14-period high while the price of US Dollar / Japanese Yen has not. This is a BULLISH DIVERGENCE.

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

The last Directional Movement Indicators (DMI) signal was a SELL 17 day(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 1 day(s) Ago.

The close is currently

BELOW its 200 daily moving average

BELOW its 50 daily moving average

BELOW its 20 daily moving average

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

US Dollar / Japanese Yen closed above the lower Bollinger Band by 42.6%. Bollinger Bands are 133.19% wider than normal.

 

Review of Euro Dollar / US Dollar (EURUSD)

as of 29/02/16

Volatility Analysis

On 29/02/16, Euro Dollar / US Dollar closed down -0.0044 at 1.0886

Period StatisticalChange

10-period 6.5347 -0.34

21-period 11.6375 -0.66

39-period 10.7877 -0.11

90-period 11.4538 -0.01

Bollinger Bands are 1.42% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 17.7556. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 5 day(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 37.25.This is not a topping or bottoming area. The last signal was a sell 11 day(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -142.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a sell 11 day(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 8 day(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 3 day(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 234 day(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 27 day(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 8 day(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.

Technical Outlook

Short Term: Oversold

Intermediate Term: Bearish

Long Term: Bearish

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British Pound / US Dollar(GBPUSD)

Analysis of activity through 01/03/16

close: 1.3961

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits. Be prepared for a potential short term price pull back to the 1.4141 area.

British Pound / US Dollar (GBPUSD)

as of 01/03/16

Volatility Analysis

On 01/03/16, British Pound / US Dollar closed up 0.0035 at 1.3961

Period StatisticalChange

10-period 13.7779 -0.38

21-period 12.8335 -1.20

39-period 12.5085 0.04

90-period 11.1751 0.02

Bollinger Bands are 87.92% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 23.5782. This is not an overbought or oversold reading. The last signal was a buy 0 day(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 35.72.This is not a topping or bottoming area. The last signal was a buy 1 day(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -81. This is not a topping or bottoming area.The last signal was a buy 0 day(s) ago.

MACD Momentum Indicator

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

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 6 day(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 17 day(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 6 day(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 16 day(s) ago.

Summary

The current market condition for British Pound / 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.

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