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.
British Pound / US Dollar-GBPUSD As of 13/12/16 *** Intra-Daily Trading Strategy:SELL British Pound / US Dollar Sell Target: 1.2629 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 23 white candles versus 27 black candles with a net of 4 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).MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 34 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 3.93%, 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. No Stochastic Buy or Sell signals generated today. The last signal was a Sell 4 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 31 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 8 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy8 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 23.0%. Bollinger Bands are 35.66% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
US Dollar / Japanese Yen-USDJPY As of 14/12/16 *** Intra-Daily Trading Strategy:BUY US Dollar / Japanese Yen Buy Target: 118.1083 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 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 30 white candles versus 20 black candles with a net of 10 white candles. MACD is BULLISH as the MACD is above the signal line. The MACD crossed above 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 117.381 to a low of 114.771. 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 31 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 12 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 does not show an overbought or oversold condition. The last Directional Movement Indicators (DMI) signal was a SELL24 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy3 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 With strong confirmation from the short term-trend and a current Buy signal. The current market condition for US Dollar / Japanese Yen is Very Bullish US Dollar / Japanese Yen closed above the upper Bollinger Band by 0.9%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the Bollinger Bands is likely. Bollinger Bands are 31.07% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Weekly US Dollar / Japanese Yen-USDJPY As of 16/12/16 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 16 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 15.82%, 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 Buy30 Week(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 Buy 22 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 4 week(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy7 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 8.6%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the Bollinger Bands is likely. Bollinger Bands are 101.23% wider than normal.
Euro Dollar / US Dollar-EURUSD As of 19/12/16 *** Intra-Daily Trading Strategy:BUY Euro Dollar / US Dollar Buy Target: 1.0457 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 3 white candles versus 7 black candles with a net of 4 black candles. The previous 50 candlestick bars, there are 19 white candles versus 31 black candles with a net of 12 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. It signifies that the momentum may be shifting from the bulls to the bears. If the engulfing bearish pattern occurs during a downtrend (which is the case with Euro Dollar / US Dollar), 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 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, Euro Dollar / US Dollar's price has decreased0.15%, and has been fluctuating from a high of 1.052 to a low of 1.037. 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 28 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 16 day(s) ago. Currently the RSI does not show any Failure Swings. The price of Euro Dollar / US Dollar 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 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 SELL24 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 below the lower Bollinger Band by 0.1%. 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 7.60% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
British Pound / US Dollar-GBPUSD As of 20/12/16 *** Intra-Daily Trading Strategy:BUY British Pound / US Dollar Buy Target: 1.2411 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 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. MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 3 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased0.47%, and has been fluctuating from a high of 1.257 to a low of 1.231. 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 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 36 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 BUY 13 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell4 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 above the lower Bollinger Band by 11.0%. Bollinger Bands are 37.38% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
US Dollar / Japanese Yen-USDJPY As of 21/12/16 *** Intra-Daily Trading Strategy:SELL US Dollar / Japanese Yen Sell Target: 117.1177 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 29 white candles versus 21 black candles with a net of 8 white candles. MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 5 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 0.37%, and has been fluctuating from a high of 118.659 to a low of 114.771. 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 36 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 17 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 SELL29 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy8 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 16.1%. Bollinger Bands are 27.48% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Weekly US Dollar / Japanese Yen-USDJPY As of 23/12/16 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 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 17 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 15.23%, 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 Buy31 Week(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 Buy 23 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 overboughtcondition. The last Directional Movement Indicators (DMI) signal was a BUY 5 week(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy8 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 2.5%. Bollinger Bands are 120.22% wider than normal.
Euro Dollar / US Dollar-EURUSD As of 26/12/16 *** Intra-Daily Trading Strategy:SELL Euro Dollar / US Dollar Sell Target: 1.0438 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!!!!! The previous 10 candlestick bars, there are 4 white candles versus 5 black candles with a net of 1 black candles. The previous 50 candlestick bars, there are 21 white candles versus 28 black candles with a net of 7 black candles. MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 7 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.31%, and has been fluctuating from a high of 1.052 to a low of 1.035. 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 33 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 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 SELL29 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell11 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 27.9%. Bollinger Bands are 32.90% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
British Pound / US Dollar-GBPUSD As of 27/12/16 *** Intra-Daily Trading Strategy:BUY British Pound / US Dollar Buy Target: 1.2294 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 22 white candles versus 28 black candles with a net of 6 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 crossed below the signal line 8 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased1.20%, and has been fluctuating from a high of 1.257 to a low of 1.223. 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 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 41 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 18 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell9 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 above the lower Bollinger Band by 14.2%. Bollinger Bands are 11.71% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.