Willy Technical Analysis

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

  1. Willyw

    Willyw

    Weekly US Dollar / Japanese Yen-USDJPY As of 25/11/16


    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 27 white candles versus 23 black candles with a net of 4 white 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 crossed above the signal line 13 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 11.08%, and has been fluctuating from a high of 113.895 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 Buy27 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 19 week(s) ago.

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


    Currently, the Momentum Oscillator is in an overboughtcondition.


    The last Directional Movement Indicators (DMI) signal was a BUY 1 week(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Buy4 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 above the upper Bollinger Band by 22.5%. 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 20.99% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
     
    #131     Nov 27, 2016
  2. Willyw

    Willyw

    Euro Dollar / US Dollar-EURUSD As of 28/11/16

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

    Sell Target: 1.0545

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

    The previous 50 candlestick bars, there are 22 white candles versus 28 black candles with a net of 6 black candles.

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

    The MACD crossed below the signal line 10 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased2.37%, and has been fluctuating from a high of 1.092 to a low of 1.052.

    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 13 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 Euro Dollar / US Dollar are not diverging.

    Currently, the Momentum Oscillator is in an oversoldcondition.


    The last Directional Movement Indicators (DMI) signal was a SELL9 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 / US Dollar is Very Bearish

    Euro Dollar / US Dollar closed above the lower Bollinger Band by 22.8%. Bollinger Bands are 128.37% wider than normal.
     
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    #132     Nov 28, 2016
  3. Willyw

    Willyw

    British Pound / US Dollar-GBPUSD As of 29/11/16

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

    Buy Target: 1.2555

    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 5 white candles versus 5 black candles.

    The previous 50 candlestick bars, there are 23 white candles versus 27 black candles with a net of 4 black candles.

    A engulfing bullish line has formed where a white candle's real body completely contains the previous black candle's real body. The engulfing bullish pattern is bullish during a downtrend. It then signifies that the momentum may be shifting from the bears to the bulls.

    If the engulfing bullish pattern occurs during an uptrend (which is the case with British Pound / US Dollar), it may be a last engulfing top which indicates a top. The test to see if this is the case is if the next candle closes below the top of the current (white) candle's real body.MACD is BULLISH as the MACD is above the signal line.

    The MACD crossed above the signal line 24 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 2.67%, and has been fluctuating from a high of 1.267 to a low of 1.208.

    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 9 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 21 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 last Directional Movement Indicators (DMI) signal was a BUY 1 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

    ABOVE its 20 daily moving average

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

    British Pound / US Dollar closed below the upper Bollinger Band by 31.6%. Bollinger Bands are 54.20% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to British Pound / US Dollar'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 2 day(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
     
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    #133     Nov 29, 2016
  4. Willyw

    Willyw

    US Dollar / Japanese Yen-USDJPY As of 30/11/16

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

    Buy Target: 115.2933

    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

    BUY signal generated today. ENTER BUYand exit sell at market price on the next Daily open.

    A big bullish 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 31 white candles versus 19 black candles with a net of 12 white 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, US Dollar / Japanese Yen's price has increased 8.07%, and has been fluctuating from a high of 114.540 to a low of 101.184.

    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 21 Day(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 2 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 high while the RSI has not. This is a BEARISH DIVERGENCE.

    Currently, the Momentum Oscillator is in an overboughtcondition.


    The last Directional Movement Indicators (DMI) signal was a SELL14 day(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Buy15 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 US Dollar / Japanese Yen is Very Bullish

    US Dollar / Japanese Yen closed below the upper Bollinger Band by 10.1%. Bollinger Bands are 150.74% wider than normal.
     
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    #134     Nov 30, 2016
  5. Willyw

    Willyw

    Weekly US Dollar / Japanese Yen-USDJPY As of 02/12/16

    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 27 white candles versus 23 black candles with a net of 4 white 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 crossed above the signal line 14 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 11.47%, and has been fluctuating from a high of 114.823 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 Buy28 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 20 week(s) ago.

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


    Currently, the Momentum Oscillator is in an overboughtcondition.


    The last Directional Movement Indicators (DMI) signal was a BUY 2 week(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Buy5 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 above the upper Bollinger Band by 10.3%. 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 45.10% wider than normal.
     
    #135     Dec 4, 2016
  6. Willyw

    Willyw

    Euro Dollar / US Dollar-EURUSD As of 05/12/16

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

    Buy Target: 1.0852

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

    The previous 50 candlestick bars, there are 22 white candles versus 28 black candles with a net of 6 black candles.

    A engulfing bullish line has formed where a white candle's real body completely contains the previous black candle's real body. The engulfing bullish pattern is bullish during a downtrend(which is the case with Euro Dollar / US Dollar). It then signifies that the momentum may be shifting from the bears to the bulls.

    If the engulfing bullish pattern occurs during an uptrend, it may be a last engulfing top which indicates a top. The test to see if this is the case is if the next candle closes below the top of the current (white) candle's real body.A piercing line has formed which indicates that prices moved down on the previous bar, opened even lower, but then closed significantly higher. This implies strength as the momentum appears to be shifting from the bears to the bulls. Note that the higher the close of the white candle (relative to the black candle), the more bullish the Piercing Line pattern.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, Euro Dollar / US Dollar's price has increased 0.93%, and has been fluctuating from a high of 1.080 to a low of 1.054.

    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 18 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 6 day(s) ago.

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


    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 SELL14 day(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Buy1 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 43.6%. Bollinger Bands are 63.06% wider than normal.
     
    #136     Dec 5, 2016
  7. Willyw

    Willyw

    British Pound / US Dollar-GBPUSD As of 06/12/16

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

    Sell Target: 1.2625

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

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

    A engulfing bearish line has formed where a black candle's real body completely contains the previous white candle's real body. The engulfing bearish pattern is bearish during an uptrend (which is the case with British Pound / US Dollar). It signifies that the momentum may be shifting from the bulls to the bears.

    If the engulfing bearish pattern occurs during a downtrend, it may be a last engulfing bottom which indicates a bullish reversal. The test to see if this is the case is if the next candle closes above the bottom the current (black) candle's real body.MACD is BULLISH as the MACD is above the signal line.

    The MACD crossed above the signal line 29 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 4.05%, and has been fluctuating from a high of 1.277 to a low of 1.208.

    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 14 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 26 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 last Directional Movement Indicators (DMI) signal was a BUY 3 day(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Buy3 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 British Pound / US Dollar is Mildly Bearish

    British Pound / US Dollar closed below the upper Bollinger Band by 11.3%. Bollinger Bands are 39.95% 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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    #137     Dec 6, 2016
  8. Willyw

    Willyw

    US Dollar / Japanese Yen-USDJPY As of 07/12/16

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

    Sell Target: 113.4140

    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 5 white candles versus 5 black candles.

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

    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 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, US Dollar / Japanese Yen's price has increased 7.58%, and has been fluctuating from a high of 114.823 to a low of 101.184.

    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 26 Day(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 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 SELL19 day(s) ago.

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

    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 US Dollar / Japanese Yen is Very Bullish

    US Dollar / Japanese Yen closed below the upper Bollinger Band by 24.8%. Bollinger Bands are 85.23% wider than normal.
     
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    #138     Dec 7, 2016
  9. Willyw

    Willyw

    Weekly US Dollar / Japanese Yen-USDJPY As of 09/12/16

    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 28 white candles versus 22 black candles with a net of 6 white 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 crossed above the signal line 15 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 13.27%, and has been fluctuating from a high of 115.365 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 Buy29 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 21 week(s) ago.

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


    Currently, the Momentum Oscillator is in an overboughtcondition.


    The last Directional Movement Indicators (DMI) signal was a BUY 3 week(s) ago.

    There were no SAR signals generated today. The last SAR signal was a Buy6 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 above the upper Bollinger Band by 8.7%. 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 71.45% wider than normal.
     
    #139     Dec 11, 2016
  10. Willyw

    Willyw

    Euro Dollar / US Dollar-EURUSD As of 12/12/16

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

    Buy Target: 1.0688

    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 5 white candles versus 5 black candles.

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

    A engulfing bullish line has formed where a white candle's real body completely contains the previous black candle's real body. The engulfing bullish pattern is bullish during a downtrend(which is the case with Euro Dollar / US Dollar). It then signifies that the momentum may be shifting from the bears to the bulls.

    If the engulfing bullish pattern occurs during an uptrend, it may be a last engulfing top which indicates a top. The test to see if this is the case is if the next candle closes below the top of the current (white) candle's real body.MACD is BULLISH as the MACD is above the signal line.

    The MACD crossed above the signal line 6 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased0.11%, and has been fluctuating from a high of 1.080 to a low of 1.053.

    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 23 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 11 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 SELL19 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 above the lower Bollinger Band by 49.6%. Bollinger Bands are 25.37% 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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    #140     Dec 12, 2016