British Pound / US Dollar-GBPUSD As of 27/06/17 *** Intra-Daily Trading Strategy:BUY British Pound / US Dollar Buy Target: 1.2871 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 7 white candles versus 3 black candles with a net of 4 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 0 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has been unchanged, and has been fluctuating from a high of 1.285 to a low of 1.272. 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 Buy19 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 41 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 last Directional Movement Indicators (DMI) signal was a SELL13 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 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 British Pound / US Dollar is Very Bullish British Pound / US Dollar closed below the upper Bollinger Band by 41.1%. Bollinger Bands are 28.09% 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 28/06/17 *** Intra-Daily Trading Strategy:SELL US Dollar / Japanese Yen Sell Target: 111.9433 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 28 white candles versus 22 black candles with a net of 6 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.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 8 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.29%, and has been fluctuating from a high of 112.464 to a low of 110.646. 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 Buy64 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 34 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 SELL30 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy9 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 7.2%. Bollinger Bands are 32.32% narrower 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 30/06/17 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 30 white candles versus 20 black candles with a net of 10 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 BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 19 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased0.37%, and has been fluctuating from a high of 115.503 to a low of 108.131. 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 Buy8 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 26 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 SELL14 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell3 day(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 38.0%. Bollinger Bands are 42.15% 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 2 day(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Euro Dollar / US Dollar-EURUSD As of 03/07/17 *** Intra-Daily Trading Strategy:SELL Euro Dollar / US Dollar Sell Target: 1.1345 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 27 white candles versus 21 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 3 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased0.07%, and has been fluctuating from a high of 1.145 to a low of 1.129. 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 Buy6 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 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 does not show an overbought or oversold condition. The last Directional Movement Indicators (DMI) signal was a SELL163 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 Euro Dollar / US Dollar is Very Bullish Euro Dollar / US Dollar closed below the upper Bollinger Band by 15.6%. Bollinger Bands are 6.81% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.