British Pound / US Dollar-GBPUSD As of 31/05/16 *** Intra-Daily Trading Strategy:SELL British Pound / US Dollar Sell Target: 1.4388 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 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 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. 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 British Pound / 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 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 1.472 to a low of 1.446. 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 1 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 66 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 53 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 BELOW its 200 daily moving average ABOVE its 50 daily moving average BELOW its 20 daily moving average The current market condition for British Pound / US Dollar is Bearish British Pound / US Dollar closed above the lower Bollinger Band by 40.6%. Bollinger Bands are 30.21% 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 01/06/16 *** Intra-Daily Trading Strategy:SELL US Dollar / Japanese Yen Sell Target: 108.5927 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 5 white candles versus 5 black candles. The previous 50 candlestick bars, there are 25 white candles versus 25 black candles. MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 16 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 0.30%, and has been fluctuating from a high of 111.444 to a low of 108.223. 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 2 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 Buy 36 period(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 SELL24 period(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 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 below the upper Bollinger Band by 45.1%. Bollinger Bands are 14.32% 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 03/06/16 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 26 white candles versus 24 black candles with a net of 2 white 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 US Dollar / Japanese Yen), 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 25 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased11.95%, and has been fluctuating from a high of 123.538 to a low of 105.543. 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 Buy2 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 7 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 SELL40 week(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 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 15.1%. Bollinger Bands are 59.12% wider than normal.
Euro Dollar / US Dollar-EURUSD As of 06/06/16 *** Intra-Daily Trading Strategy:SELL Euro Dollar / US Dollar Sell Target: 1.1330 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. 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 1 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased0.03%, and has been fluctuating from a high of 1.139 to a low of 1.114. 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 Buy28 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 81 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 SELL13 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 Euro Dollar / US Dollar is Very Bullish Euro Dollar / US Dollar closed below the upper Bollinger Band by 19.3%. Bollinger Bands are 11.59% 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 07/06/16 *** Intra-Daily Trading Strategy:BUY British Pound / US Dollar Buy Target: 1.4647 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 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 5 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 0.42%, and has been fluctuating from a high of 1.472 to a low of 1.436. 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 6 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 71 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 58 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell5 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 43.7%. Bollinger Bands are 29.89% 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 08/06/16 *** Intra-Daily Trading Strategy:SELL US Dollar / Japanese Yen Sell Target: 106.4927 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 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 3 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 0.23%, and has been fluctuating from a high of 109.133 to a low of 106.501. 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 7 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 Buy 41 period(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 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 period(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell5 period(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 1.8%. Bollinger Bands are 9.70% 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 10/06/16 *** Intra-Weekly Trading Strategy:BUY US Dollar / Japanese Yen Buy Target: 107.8117 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 26 white candles versus 24 black candles with a net of 2 white candles. A bullish harami has formed where the current small white body is contained within an unusually large black body. During a downtrend(which is the case with US Dollar / Japanese Yen) this pattern implies an end to the decline as the bears appear to have exhausted. During an uptrend the bullish harami pattern is bearish as the bears appear to be gaining strength as the bulls weaken. A on-neck line has formed. This is a bearish pattern where prices should move lower when the white candlestick's (i.e., the most recent) low is penetrated.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 26 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased11.59%, and has been fluctuating from a high of 123.538 to a low of 105.543. 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 Buy3 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 8 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 SELL41 week(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy1 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 20.2%. Bollinger Bands are 50.08% wider than normal.
Euro Dollar / US Dollar-EURUSD As of 13/06/16 *** Intra-Daily Trading Strategy:BUY Euro Dollar / US Dollar Buy Target: 1.1315 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 25 white candles versus 25 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 decreased0.66%, and has been fluctuating from a high of 1.141 to a low of 1.114. 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 Buy33 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 86 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 SELL18 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy6 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 34.4%. Bollinger Bands are 17.68% 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 14/06/16 *** Intra-Daily Trading Strategy:BUY British Pound / US Dollar Buy Target: 1.4192 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 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 10 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased2.47%, and has been fluctuating from a high of 1.472 to a low of 1.409. 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 11 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 76 day(s) ago. The RSI has just reached its lowest value in the last 14 day(s). This is BEARISHsignal. Currently, the Momentum Oscillator is in an oversoldcondition. 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 63 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell10 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 11.9%. 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 12.61% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
VIT Daily Analysis Review of US Dollar / Japanese Yen (USDJPY) as of 15/06/16 Volatility Analysis On 15/06/16, US Dollar / Japanese Yen closed down -0.2160 at 105.8940 Period Statistical Change 10-period 14.3567 -0.42 21-period 13.4250 0.00 39-period 17.1948 -0.02 90-period 14.3198 -0.41 Bollinger Bands are 17.35% wider than normal. Momentum Indicators Stochastic Oscillator The Stochastic Oscillator is 25.9785. This is not an overbought or oversold reading. The last signal was a buy 3 day(s) ago. Relative Strength Index (RSI) The current value of the RSI is 34.89.This is not a topping or bottoming area. The last signal was a buy 46 day(s) ago. Commodity Channel Index (CCI) The current value of the CCI is -88. This is not a topping or bottoming area.The last signal was a buy 1 day(s) ago. MACD Momentum Indicator The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 8 day(s) ago. Trend Analysis Aroon There were no Aroon signals generated today. The last signal was a Sell 33 day(s) ago. Directional Indicator There were no Directional Indicator signals generated today. The last signal was a Sell 34 day(s) ago. MACD Trend Signal There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 33 day(s) Ago. Stop and Reverse (SAR) There were no SAR signals generated today. The last signal was a Sell 10 day(s) ago. Summary The current market condition for US Dollar / Japanese Yen is: Very Bearish The close is currently below its 200 period moving average. The close is currently below its 90 period moving average. The close is currently below its 30 period moving average. The current trend is down and all orders on the short side (put) may be considered. The current market price activity is StronglyBearish and suggests favorable trade opportunities on the short side (put). If already holding short positions, we would look to take partial profits at any retracement to 109.1330.Traders with remaining short positions after profit taking should consider placing exit stops in the region of 111.3500. Be prepared for a potential short term price pull back to the 107.6969 area.