Forex Analysis - page 48

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: 1.0085
•    The level of profit and close the position: 1.0170 (85 pips)

More on web site AzaForex


Afro-head
134
Afro-head  
Many traders are depending upon the Forex Analysis and you need to understand that if you wanna become successful trader, Forex Trading Analysis, would be the best way to deal it.
willyw
160
willyw  

Weekly US Dollar / Japanese Yen-USDJPY As of 20/01/17

 

A white body has formed as prices closed higher 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 28 white candles versus 22 black candles with a net of 6 white candles.

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

 The MACD crossed above the signal line 21 week(s) ago.  Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 12.91%, and has been fluctuating from a high of 118.659 to a low of 99.941.

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 Buy 35 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  3 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 is in an overbought condition.

US Dollar / Japanese Yen is showing a buy exit opportunity. The ADX is above both Plus and Minus Directional Indicators and going down. This indicates that the current uptrend may have run it's coarse. This might be a good place to take some profits or wait to re-enter when the ADX turns up..

 The last Directional Movement Indicators (DMI) signal was a BUY 9 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy 12 week(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 26.9%.  Bollinger Bands are 136.69% wider than normal. 

 


willyw
160
willyw  

Daily US Dollar / Japanese Yen-USDJPY As of 20/01/17

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

Sell Target: 114.5107  

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 2 white candles versus 8 black candles with a net of 6 black candles.

The previous 50 candlestick bars, there are 24 white candles versus 26 black candles with a net of 2 black 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.MACD is BEARISH as the MACD is below the signal line.

 The MACD crossed below the signal line 21 day(s) ago.  Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 2.21%, 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.

 No Stochastic Buy or Sell signals generated today. The last signal was a Buy 1 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 20 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 7 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

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 32.9%.  Bollinger Bands are 11.84% narrower than normal.  The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 


willyw
160
willyw  

Euro Dollar / US Dollar-EURUSD As of 23/01/17

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

Buy Target: 1.0765

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 7 white candles versus 3 black candles with a net of 4 white candles.

The previous 50 candlestick bars, there are 25 white candles versus 24 black candles with a net of 1 white candles.

A rising window has formed  where the top of the previous shadow is below the bottom of the current shadow. This usually implies a continuation of a bullish trend.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 crossed above the signal line 19 day(s) ago.  Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 2.75%, and has been fluctuating from a high of  1.076 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 53 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 41 day(s) ago.

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

 

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 49 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy 9 day(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 2.6%.  Bollinger Bands are 6.70% wider than normal.  The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

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: 822.00
•    The level of profit and close the position: 840.00 (1800 pips)

More on web site AzaForex


deresel
704
deresel  
The US dollar experienced a significant decline against the yen on Monday. After a volatile session, the dollar lost 154 pips at a closing price of 112.69. Price managed to break through the first support at 114.00, while the daily extremes were reached respectively at 114.42 and 112.68. The outlook in the short term remains neutral and levels at 114.00 and 111.00 - key for the subsequent performance.
deresel
704
deresel  
USD/JPY
Key levels to watch for:
Support: 111.00;
Resistance: 114.00; 116.45; 118.30.
Ivan
416
Ivan  
The dollar was trading close to a 7-week low against a basket of other major currencies amid lingering market concerns about the protectionist policies of Donald Trump. The weakness of the dollar reflects concerns about the uncertain economic Trump policy, as well as fears that his protectionist stance can reduce corporate earnings and become a brake on economic growth.
On Monday, Trump has initiated a formal process of US withdrawal from participation in the Trans-Pacific Partnership (TPP). It separates the United States from its Asian allies.
Trump also announced his intention to renegotiate the North American Free Trade Area (NAFTA) with Canada and Mexico to the conditions more favorable for the United States.
The dollar rose against the yen: USD/JPY pair rose by 0.48% to 113.22 after falling to 112.53 yesterday.
whiteking
569
whiteking  
Gbpjpy today I have seen already break high previous daily,seems impact brexit already blur and gbp also strengthened to another currency, on gbpusd also occured bullish pattern might also because new president still giving uncertainty policy