Intra Day Trading - page 22

 

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 31 white candles versus 19 black candles with a net of 12 white 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 BULLISH as the MACD is above the signal line.

The MACD crossedabove the signal line 21 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 13.11%, and has been fluctuating from a high of 121.680 to a low of 102.242.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

The Stochastic Oscillatoris 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 114 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 1 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 last Directional Movement Indicators (DMI) signal was a SELL 69 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 4 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 below the upper Bollinger Band by 33.4%. Bollinger Bands are 161.91% wider than normal.

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VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 19/01/15

Volatility Analysis

On 19/01/15, Euro Dollar / US Dollar closed up 0.0020 at 1.1591

Period StatisticalChange

10-period 8.3338 0.49

21-period 6.8191 0.19

39-period 9.3829 -0.10

90-period 10.2033 0.02

Bollinger Bands are 91.57% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 28.1221. This is not an overbought or oversold reading. The last signal was a buy 5 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 20.32.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 75 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -130.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 5 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 21 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 21 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 64 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 21 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 22 period(s) ago.

Summary

The current market condition for Euro Dollar / US Dollar 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.

Analysis of activity through 19/01/15

close: 1.1591

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits at any retracement to 1.1896. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.2087. Be prepared for a potential short term price pull back to the 1.1792 area.

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*** Intra-Daily Trading Strategy: BUYBritish Pound / US Dollar

Buy Target: 1.5212

Buy Stop: 1.4992

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 3 white candles versus 7 black candles with a net of 4 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 crossedbelow the signal line 12 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased 1.16%, and has been fluctuating from a high of 1.558 to a low of 1.503.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

The Stochastic Oscillatoris 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 Buy 166 Period(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range.The RSI just crossed above 30 from a bottoming formation. This is a BULLISH sign. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Buy 0 period(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 is in an oversold condition.

The last Directional Movement Indicators (DMI) signal was a BUY 175 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 23 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 British Pound / US Dollar is Very Bearish

British Pound / US Dollar closed above the lower Bollinger Band by 29.7%. Bollinger Bands are 93.54% wider than normal.

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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 31 white candles versus 19 black candles with a net of 12 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 BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 0 period(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 118.862 to a low of 116.919.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

No Stochastic Buy or Sell signals generated today. The last signal was a Sell 115 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 2 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 last Directional Movement Indicators (DMI) signal was a SELL 70 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 5 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 below the upper Bollinger Band by 34.3%. Bollinger Bands are 142.63% wider than normal.

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VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 26/01/15

Volatility Analysis

On 26/01/15, Euro Dollar / US Dollar closed up 0.0049 at 1.1248

Period StatisticalChange

10-period 17.2750 0.79

21-period 12.8165 0.45

39-period 12.4001 0.13

90-period 11.4268 0.04

Bollinger Bands are 131.87% wider than normal. Euro Dollar / US Dollar is currently experiencing very high volatility as compared to its normal range. The probability of volatility decreasing and prices consolidating is likely in the near future.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 16.3635. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 10 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 21.16.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 80 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -160.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 3 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 26 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 26 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 69 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 26 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 2 period(s) ago.

Summary

The current market condition for Euro Dollar / US Dollar 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.

Analysis of activity through 26/01/15

close: 1.1248

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits at any retracement to 1.1845. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.1871. Be prepared for a potential short term price pull back to the 1.1574 area.

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VIT Daily Analysis

Review of US Dollar / Japanese Yen (USDJPY)

as of 28/01/15

Volatility Analysis

On 28/01/15, US Dollar / Japanese Yen closed down -0.3400 at 117.4720

Period StatisticalChange

10-period 15.3151 -0.02

21-period 12.9076 -0.50

39-period 14.6735 0.02

90-period 13.6888 0.00

Bollinger Bands are 35.01% narrower than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 45.7495. This is not an overbought or oversold reading. The last signal was a sell 3 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 45.56.This is not a topping or bottoming area. The last signal was a sell 36 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -29. This is not a topping or bottoming area.The last signal was a buy 7 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 0 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 21 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 30 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 38 period(s) ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 11 period(s) ago.

Summary

The current market condition for US Dollar / Japanese Yen is: Bullish

The close is currently above its 200 period moving average.

The close is currently above its 90 period moving average.

The close is currently below its 30 period moving average.

Analysis of activity through 28/01/15

close: 117.4720

The current trend is up and all orders on the long side may be considered.

If already holding long positions, we would look to partial profits on any retracement to 115.8480. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 115.8480. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

Be prepared for a potential short term price pull back to the 118.3637 area.

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jpy_1.png  41 kb
 

VIT Daily Analysis

Review of US Dollar / Japanese Yen (USDJPY)

as of 28/01/15

Volatility Analysis

On 28/01/15, US Dollar / Japanese Yen closed down -0.3400 at 117.4720

Period StatisticalChange

10-period 15.3151 -0.02

21-period 12.9076 -0.50

39-period 14.6735 0.02

90-period 13.6888 0.00

Bollinger Bands are 35.01% narrower than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 45.7495. This is not an overbought or oversold reading. The last signal was a sell 3 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 45.56.This is not a topping or bottoming area. The last signal was a sell 36 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -29. This is not a topping or bottoming area.The last signal was a buy 7 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 0 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 21 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 30 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 38 period(s) ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 11 period(s) ago.

Summary

The current market condition for US Dollar / Japanese Yen is: Bullish

The close is currently above its 200 period moving average.

The close is currently above its 90 period moving average.

The close is currently below its 30 period moving average.

Analysis of activity through 28/01/15

close: 117.4720

The current trend is up and all orders on the long side may be considered.

If already holding long positions, we would look to partial profits on any retracement to 115.8480. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 115.8480. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

Be prepared for a potential short term price pull back to the 118.3637 area.

Files:
jpy_1.png  41 kb
 

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 31 white candles versus 19 black candles with a net of 12 white 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 BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 1 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 0.24%, and has been fluctuating from a high of 118.862 to a low of 116.919.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

No Stochastic Buy or Sell signals generated today. The last signal was a Sell 116 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 3 period(s) ago.

The RSI has just reached its lowest value in the last 14 period(s). This is BEARISH signal.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 SELL 71 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 6 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 below the upper Bollinger Band by 37.6%. Bollinger Bands are 128.45% wider than normal.

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VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 02/02/15

Volatility Analysis

On 02/02/15, Euro Dollar / US Dollar closed up 0.0066 at 1.1339

Period StatisticalChange

10-period 19.6996 0.48

21-period 14.8124 0.37

39-period 12.7052 -0.04

90-period 11.8405 0.08

Bollinger Bands are 90.81% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 58.7097. This is not an overbought or oversold reading. The last signal was a buy 4 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 33.89.This is not a topping or bottoming area.However, the RSI just crossed above 30 from a bottoming formation. This is a bullish sign. The last signal was a buy 0 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -51. This is not a topping or bottoming area.The last signal was a buy 4 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 0 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 31 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 74 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 31 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 7 period(s) ago.

Summary

The current market condition for Euro Dollar / US Dollar 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.

Analysis of activity through 02/02/15

close: 1.1339

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits at any retracement to 1.1677. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.1677. Be prepared for a potential short term price pull back to the 1.1499 area.

Files:
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VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 04/02/15

Volatility Analysis

On 04/02/15, British Pound / US Dollar closed up 0.0044 at 1.5182

Period StatisticalChange

10-period 9.5065 0.15

21-period 7.7655 -0.59

39-period 9.2577 0.07

90-period 8.8007 0.03

Bollinger Bands are 43.61% narrower than normal. British Pound / US Dollar is currently experiencing very low volatility as compared to its normal range. The probability of volatility increasing with a sharp price move is likely in the near future.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 52.3417. This is not an overbought or oversold reading. The last signal was a buy 17 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 48.25.This is not a topping or bottoming area. The last signal was a buy 7 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 127.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a buy 7 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 13 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 31 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 601 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 9 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 6 period(s) ago.

Summary

The current market condition for British Pound / US Dollar 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.

Analysis of activity through 10/11/14

close: 1.5850

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits at any retracement to 1.6161. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.6182. Be prepared for a potential short term price pull back to the 1.6018 area.

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