Weekly US Dollar / Japanese Yen-USDJPY As of 03/03/17 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 28 white candles versus 22 black candles with a net of 6 white 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 US Dollar / Japanese Yen), 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 BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 2 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.07%, and has been fluctuating from a high of 114.686 to a low of 111.690. 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 Buy41 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 9 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 BUY 15 week(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell5 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 41.3%. Bollinger Bands are 65.16% wider than normal.
Euro Dollar / US Dollar-EURUSD As of 06/03/17 *** Intra-Daily Trading Strategy:SELL Euro Dollar / US Dollar Sell Target: 1.0555 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 4 white candles versus 6 black candles with a net of 2 black candles. The previous 50 candlestick bars, there are 23 white candles versus 26 black candles with a net of 3 black candles. 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, Euro Dollar / US Dollar's price has decreased0.94%, and has been fluctuating from a high of 1.074 to a low of 1.049. 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 20 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 70 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 SELL78 day(s) ago. A SAR Buy signal generated today. If you are short, this might be a good place to exit. 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 37.7%. Bollinger Bands are 33.13% 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 07/03/17 *** Intra-Daily Trading Strategy:SELL British Pound / US Dollar Sell Target: 1.2162 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 4 white candles versus 6 black candles with a net of 2 black candles. The previous 50 candlestick bars, there are 25 white candles versus 24 black candles with a net of 1 white candles. MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 17 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased2.32%, and has been fluctuating from a high of 1.258 to a low of 1.217. 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 21 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 90 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 67 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 below the lower Bollinger Band by 3.9%. 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 British Pound / US Dollar is in to continue. Bollinger Bands are 40.52% 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 15 day(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
US Dollar / Japanese Yen-USDJPY As of 08/03/17 *** Intra-Daily Trading Strategy:BUY US Dollar / Japanese Yen Buy Target: 114.8803 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 23 white candles versus 27 black candles with a net of 4 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 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, US Dollar / Japanese Yen's price has increased 1.32%, and has been fluctuating from a high of 114.750 to a low of 111.690. 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 Buy18 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 52 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 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 SELL39 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy4 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 16.4%. Bollinger Bands are 51.95% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen'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 13 day(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Weekly US Dollar / Japanese Yen-USDJPY As of 10/03/17 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 28 white candles versus 22 black candles with a net of 6 white candles. MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 3 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.95%, and has been fluctuating from a high of 115.503 to a low of 111.690. 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 Buy42 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 10 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 BUY 16 week(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell6 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 37.5%. Bollinger Bands are 48.09% wider than normal.
Euro Dollar / US Dollar-EURUSD As of 13/03/17 *** Intra-Daily Trading Strategy:SELL Euro Dollar / US Dollar Sell Target: 1.0634 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 23 white candles versus 27 black candles with a net of 4 black candles. 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 decreased0.08%, and has been fluctuating from a high of 1.071 to a low of 1.058. 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 25 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 75 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 SELL83 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy5 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 8.5%. Bollinger Bands are 49.95% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Euro Dollar / 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 4 day(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
British Pound / US Dollar-GBPUSD As of 14/03/17 *** Intra-Daily Trading Strategy:SELL British Pound / US Dollar Sell Target: 1.2108 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 4 white candles versus 6 black candles with a net of 2 black candles. The previous 50 candlestick bars, there are 24 white candles versus 25 black candles with a net of 1 black candles. MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 22 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased2.66%, and has been fluctuating from a high of 1.258 to a low of 1.211. 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 26 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 95 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 72 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 15.9%. Bollinger Bands are 24.04% 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 15/03/17 *** Intra-Daily Trading Strategy:SELL US Dollar / Japanese Yen Sell Target: 112.7600 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!!!!! * Chaos Trading System SELL signal generated today. ENTER SELL and exit buy at market price on the next Daily open. 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 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 29 black candles with a net of 8 black candles. MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 11 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 0.46%, and has been fluctuating from a high of 115.503 to a low of 111.690. 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 Buy23 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 57 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 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 SELL44 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 BELOW its 50 daily moving average BELOW its 20 daily moving average The current market condition for US Dollar / Japanese Yen is Mildly Bullish US Dollar / Japanese Yen closed above the lower Bollinger Band by 39.2%. Bollinger Bands are 43.79% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen'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 18 day(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Weekly US Dollar / Japanese Yen-USDJPY As of 17/03/17 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 28 white candles versus 22 black candles with a net of 6 white candles. MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 4 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased0.09%, and has been fluctuating from a high of 115.503 to a low of 111.690. 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 Period(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 11 period(s) ago. The RSI has just reached its lowest value in the last 14 period(s). This is BEARISHsignal.The RSI has set a new 14-period low while the price of US Dollar / Japanese Yen 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 BUY 17 period(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell7 period(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 lower Bollinger Band by 44.5%. Bollinger Bands are 29.61% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Euro Dollar / US Dollar-EURUSD As of 20/03/17 *** Intra-Daily Trading Strategy:BUY Euro Dollar / US Dollar Buy Target: 1.0773 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!!!!! 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 23 white candles versus 26 black candles with a net of 3 black candles. 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 increased 0.76%, and has been fluctuating from a high of 1.078 to a low of 1.058. 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 30 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 80 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 SELL88 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy10 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 6.9%. Bollinger Bands are 8.15% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.