Forex Analysis - page 47

whiteking
467
whiteking  
What happen today? if look on news calendar economy still no any news that might influenced on the market and giving high impact, but everthing is possible, yesterday movement gbpusd still can't recover the gap, and whether today will move to recover the gap or will continue bearish long term, let time will determine
willyw
160
willyw  

Euro Dollar / US Dollar-EURUSD As of 16/01/17

*** Intra-Daily Trading Strategy: SELL Euro Dollar / US Dollar

Sell Target: 1.0582  

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 21 white candles versus 28 black candles with a net of 7 black candles.

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

 The MACD crossed above the signal line 14 day(s) ago.  Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 1.41%, and has been fluctuating from a high of  1.068 to a low of  1.034.

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

There have been no divergence signals during the last 5 periods.

The Stochastic Oscillator is 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 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 Buy 36 day(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 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 44 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy 4 day(s) Ago.

The close is currently

BELOW its 200 daily moving average

BELOW its 50 daily moving average

ABOVE its 20 daily moving average

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

Euro Dollar / US Dollar closed below the upper Bollinger Band by 19.5%.  Bollinger Bands are 8.33% narrower than normal.  The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

deresel
689
deresel  
The dollar lost ground against the yen on Tuesday. The US currency did not respond to positive expectations and continued downward trend since late last week. The pair broke the key level at 113.06 and tested the support at 112.44. The trading started calmly at a price of 114.17, but the early morning bearish sentiment prevailed. The decline of the dollar continued throughout the session, as the bottom was hit at 112.59, and the session was closed 2 pips higher.
deresel
689
deresel  
USD/JPY
Key levels to watch for:
Support: 113.06; 112.44;
Resistance: 116.13; 116.84;
AzaForex
158
AzaForex  

 

If the resistance level is broken you can use the following recommendation:
•    Chart timeframe: H4
•    The trade recommendation: Buy
•    The level of entry into long position: 1219
•    The level of profit and close the position: 1232 (1300 pips)

More on web site AzaForex


whiteking
467
whiteking  
Check on news update on calendar economy today will released news high impact for several currency like as usd and cny and cad, look on gbopusd yerterday figure out bearish candle and on technically still possible continue bearish
willyw
160
willyw  

US Dollar / Japanese Yen-USDJPY As of 18/01/17

*** Intra-Daily Trading Strategy: BUY US Dollar / Japanese Yen

Buy Target: 115.3220

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 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 25 white candles versus 25 black candles.

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

 The MACD crossed below the signal line 19 day(s) ago.  Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 2.29%, and has been fluctuating from a high of 118.599 to a low of 112.628.

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

There have been no divergence signals during the last 5 periods.

The Stochastic Oscillator is 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 56 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 18 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 5 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 9 day(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 US Dollar / Japanese Yen is Bullish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 27.0%.  Bollinger Bands are 10.38% narrower than normal.  The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 


Ivan
416
Ivan  
Dollar/yen made up rally yesterday after the speech of Janet Yellen, topped at 114.75. As can be seen, the price tested the level 114.60. A clear break above it can cause upward movement testing 115.50 - 116.00. Immediate support is seen near 113.80/50. A clear break below that area could reactivate the downward phase of setting up a double top around 118.60. On the downside, the first target of the bears will be 112.00 - 111.30.
Ivan
416
Ivan  
BofA: Trump doesn't want to see strengthening of the dollar. Risk-return on long positions in US dollars will decrease with increasing volatility after the inauguration of Donald Trump on Friday, analysts from BofA say.
They do not doubt that Trump doesen't want to see strengthening of the dollar, thus they do not expect a more hawkish tone in the leadership of the Federal Reserve.
Analysts emphasize again that the two main political pillars of Trump are contravercial - fiscal policy requires a strengthening of the dollar, but trade policy requires a weaker dollar.
AzaForex
158
AzaForex  

 

If you have used every AzaForex trading recommendation you received profit + 3740 points.

Depending on the size of your position, your profit would be different, for example, when trading 1 lot = $ 37 400 per month. If we consider the total price movement after the profit, it was possible to earn more 8590 points, if the trade volume was 1 lot, than it is $ 86,900 in addition to your account!

This suggests that we have underestimated the market potential for almost double times. Although we were able to earn so good money this month, the market gave a possibility to earn even more.

Thus, forex and stock market in December could get in total, according to our Recommendation 12 230 points! It is worthy figure and very solid advice of experts of the company AzaForex.

More on web site AzaForex