Willy Technical Analysis

Discussion in 'Technical Analysis' started by Willyw, May 1, 2016.

  1. Willyw

    Willyw

    Weekly US Dollar / Japanese Yen-USDJPY As of 17/06/16

    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 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 27 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased13.93%, and has been fluctuating from a high of 123.538 to a low of 103.551.

    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 Buy4 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 Buy 9 week(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 does not show an overbought or oversold condition.


    The last Directional Movement Indicators (DMI) signal was a SELL42 week(s) ago.

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

    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 US Dollar / Japanese Yen is Very Bearish

    US Dollar / Japanese Yen closed above the lower Bollinger Band by 0.7%. Bollinger Bands are 31.57% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
     
    #31     Jun 19, 2016
  2. Willyw

    Willyw

    Euro Dollar / Japanese Yen-EURJPY As of 20/06/16

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

    Buy Target: 118.6840

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

    The previous 50 candlestick bars, there are 23 white candles versus 27 black candles with a net of 4 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 crossed below the signal line 12 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / Japanese Yen's price has decreased3.12%, and has been fluctuating from a high of 122.691 to a low of 115.494.

    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 Sell 37 Day(s) Ago.

    The RSI is below 30. This is where it usually bottoms. 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 Buy 3 day(s) ago.


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

    Currently, the Momentum Oscillator is in an oversoldcondition.


    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 BUY 58 day(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Sell12 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 Euro Dollar / Japanese Yen is Very Bearish

    Euro Dollar / Japanese Yen closed above the lower Bollinger Band by 3.5%. Bollinger Bands are 47.20% wider than normal.
     
    #32     Jun 20, 2016
  3. Willyw

    Willyw

    British Pound / US Dollar-GBPUSD As of 21/06/16

    *** Intra-Daily Trading Strategy:SELL British Pound / US Dollar

    Sell Target: 1.4595

    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 25 white candles versus 25 black candles.

    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).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 1 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased0.04%, and has been fluctuating from a high of 1.478 to a low of 1.454.

    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 Sell 16 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 81 day(s) ago.


    Currently the RSI does not show any Failure Swings. The RSI and price of British Pound / 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 BUY 68 day(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Buy1 day(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 British Pound / US Dollar is Very Bullish

    British Pound / US Dollar closed below the upper Bollinger Band by 19.5%. Bollinger Bands are 31.15% 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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    #33     Jun 21, 2016
  4. Willyw

    Willyw

    US Dollar / Japanese Yen-USDJPY As of 22/06/16

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

    Sell Target: 104.3347

    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 23 white candles versus 27 black candles with a net of 4 black candles.

    A bearish harami has formed where the current small black body is contained within an unusually large white body. During an uptrend this pattern implies an end to the rally as the bulls appear to have exhausted.

    During a downtrend(which is the case with US Dollar / Japanese Yen) the bearish harami pattern is bullish as the bulls appear to be gaining strength as the bears weaken.

    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 crossed below the signal line 13 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased1.73%, and has been fluctuating from a high of 109.133 to a low of 103.551.

    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 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 1 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 SELL39 day(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Sell15 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 21.5%. Bollinger Bands are 89.91% wider than normal.
     
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    #34     Jun 23, 2016
  5. Willyw

    Willyw

    Weekly US Dollar / Japanese Yen-USDJPYAs of 24/06/16

    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.

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

    The MACD crossed below the signal line 28 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased15.60%, and has been fluctuating from a high of 123.538 to a low of 99.075.

    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 Buy5 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 Buy 10 week(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 does not show an overbought or oversold condition.


    The last Directional Movement Indicators (DMI) signal was a SELL43 week(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Sell1 week(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 US Dollar / Japanese Yen is Very Bearish

    US Dollar / Japanese Yen closed below the lower Bollinger Band by 6.8%. 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 36.61% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
     
    #35     Jun 26, 2016
  6. Willyw

    Willyw

    Euro Dollar / US Dollar-EURUSD

    As of 27/06/16

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

    Buy Target: 1.1030

    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 5 white candles versus 5 black candles.

    The previous 50 candlestick bars, there are 25 white candles versus 25 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 1 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased0.77%, and has been fluctuating from a high of 1.132 to a low of 1.091.

    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 Buy43 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 96 day(s) ago.


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

    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 SELL28 day(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Sell1 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 Euro Dollar / US Dollar is Very Bearish

    Euro Dollar / US Dollar closed below the lower Bollinger Band by 12.3%. Although prices have broken the lower Bollinger Band and a downside breakout is possible, the most likely scenario is for the current trading range that Euro Dollar / US Dollar is in to continue. Bollinger Bands are 6.95% 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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    #36     Jun 28, 2016
  7. Willyw

    Willyw

    British Pound / US Dollar-GBPUSD As of 28/06/16

    *** Intra-Daily Trading Strategy:BUY British Pound / US Dollar

    Buy Target: 1.3436

    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 8 white candles versus 2 black candles with a net of 6 white 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 2 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased2.34%, and has been fluctuating from a high of 1.459 to a low of 1.316.

    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 3 Day(s) Ago.

    The RSI is below 30. This is where it usually bottoms. 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 Buy 86 day(s) ago.


    Currently the RSI does not show any Failure Swings. The RSI and price of British Pound / 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 BUY 73 day(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Sell2 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 7.5%. 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 202.56% wider than normal.
     
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    #37     Jun 28, 2016
  8. Willyw

    Willyw

    US Dollar / Japanese Yen-USDJPY As of 29/06/16

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

    Sell Target: 102.2847

    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 24 white candles versus 26 black candles with a net of 2 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 BEARISH as the MACD is below the signal line.

    The MACD crossed below the signal line 18 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased3.52%, and has been fluctuating from a high of 109.133 to a low of 99.075.

    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 Sell 22 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 1 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 SELL44 day(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Sell3 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 17.2%. Bollinger Bands are 65.21% wider than normal.
     
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    #38     Jun 29, 2016
  9. Willyw

    Willyw

    Weekly US Dollar / Japanese Yen-USDJPY As of 01/07/16


    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 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 crossed below the signal line 29 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased15.28%, and has been fluctuating from a high of 123.538 to a low of 99.075.

    The MACD is in an oversoldrange. Prices may continue to move lower for some time. Wait for prices to move higher before considering any buy positions.

    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 Buy6 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 Buy 11 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 last Directional Movement Indicators (DMI) signal was a SELL44 week(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Sell2 week(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 US Dollar / Japanese Yen is Very Bearish

    US Dollar / Japanese Yen closed above the lower Bollinger Band by 3.5%. Bollinger Bands are 45.82% wider than normal.
     
    #39     Jul 3, 2016
  10. Willyw

    Willyw

    Euro Dollar / US Dollar-EURUSD As of 04/07/16

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

    Sell Target: 1.1107

    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 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 crossed below the signal line 6 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.38%, and has been fluctuating from a high of 1.132 to a low of 1.091.

    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 Buy48 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 Sell101 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 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 SELL33 day(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Sell6 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 Euro Dollar / US Dollar is Very Bearish

    Euro Dollar / US Dollar closed above the lower Bollinger Band by 29.6%. Bollinger Bands are 0.61% 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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    #40     Jul 4, 2016