Martin Kay Technical Analysis

Martin Kay

Well-known member
429 0
EUR/GBP DAILY as of Tuesday, 25 March, 2014

*** Intra-Daily Trading Strategy: SELL Euro Dollar / British Pound
Sell Target: 0.8382
Sell Stop: 0.8394
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 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 17 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / British Pound's price has increased 1.76%, and has been fluctuating from a high of 0.840 to a low of 0.819. The MACD is currently not in an Overbought/Oversold range.
Stochastic Oscillator is currently above 80. This is an indication of an "overbought" condition. Stochastic signal was a Sell 2 Period(s) Ago.
Currently, the Momentum Oscillator is in an overbought condition.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 21 period(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 / British Pound is Very Bullish
Euro Dollar / British Pound closed below the upper Bollinger Band by 21.8%. Bollinger Bands are 32.84% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
An Inside Day Narrow Range was detected by your Elliott Waves High Volatility on 25/03/14. This is usually a trade set-up opportunity.
Elliott Waves High Volatility has detected an Isolated High at 0.84 one bar ago; this is usually a bearish sign that is not to be used alone!
Elliott Waves High Volatility has detected a Gann Swing or Pullback that is usually a bullish pattern! It should be used with other indicators.
The present wave patterns are:
fast amplitude (8%): bullish wave 1
Euro Dollar / British Pound is long term Bullish as the 144 days moving average of 0.83 is increasing. The Relative Strength Index is at 62.02 in the neutral territory. The Relative Momentum Index is at 69.45 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.01, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 43.78. This value is in the neutral territory.

Euro Dollar / British Pound is currently 0.4% below its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Trend forecasting oscillators are currently bullish on EURGBP and have had this outlook for the last 12 periods.

Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bearish
 

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Martin Kay

Well-known member
429 0
EUR/USD DAILY as of Tuesday, 01 April, 2014

*** Intra-Daily Trading Strategy: SELL Euro Dollar / US Dollar
Sell Target: 1.3769
Sell Stop: 1.3782
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 26 white candles versus 23 black candles with a net of 3 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 BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 8 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.06%, and has been fluctuating from a high of 1.387 to a low of 1.370. The MACD is currently not in an Overbought/Oversold range.
A Stochastic BUY signal was generated today. The Stochastic indicator is currently generating a BUY signal against the direction of the major trend.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Sell 8 period(s) ago.
The close is currently
ABOVE its 200 daily moving average
ABOVE its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for Euro Dollar / US Dollar is Bullish
Euro Dollar / US Dollar closed above the lower Bollinger Band by 27.2%. Bollinger Bands are 32.20% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
An Inside Day Narrow Range was detected by your Elliott Waves High Volatility on 01/04/14. This is usually a trade set-up opportunity.
Elliott Waves High Volatility has detected an Isolated High at 1.38 one bar ago; this is usually a bearish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.36 is increasing. The Relative Strength Index is at 48.66 in the neutral territory. The Relative Momentum Index is at 49.60 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at -0.00, in negative territory; this is a bearish sign. An equally important indicator, the STORSI is at 20.31. This value is in the oversold territory.

Euro Dollar / US Dollar is currently 1.9% above its 200-period moving average and is in an downward trend. Volatility is low as compared to the average volatility over the last 10 periods. Our volume indicators reflect very strong flows of volume into EURUSD (bullish). Our trend forecasting oscillators are currently bearish on EURUSD and have had this outlook for the last 2 periods.

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
 

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Martin Kay

Well-known member
429 0
EUR/USD DAILY as of Tuesday, 08 April, 2014

*** Intra-Daily Trading Strategy: SELL Euro Dollar / US Dollar
Sell Target: 1.3740
Sell Stop: 1.3750
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 27 white candles versus 22 black candles with a net of 5 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 crossed below the signal line 13 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.28%, and has been fluctuating from a high of 1.387 to a low of 1.367. The MACD is currently not in an Overbought/Oversold range.
A Stochastic BUY signal was generated today. The Stochastic indicator is currently generating a BUY signal against the direction of the major trend.
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 SELL 113 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 13 period(s) ago.
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 Euro Dollar / US Dollar is Mildly Bullish
Euro Dollar / US Dollar closed above the lower Bollinger Band by 27.3%. Bollinger Bands are 23.41% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
An Inside Day Narrow Range was detected by your Elliott Waves High Volatility on 08/04/14. This is usually a trade set-up opportunity.
Elliott Waves High Volatility has detected an Isolated High at 1.37 one bar ago; this is usually a bearish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.36 is increasing. The Relative Strength Index is at 46.61 in the neutral territory. The Relative Momentum Index is at 44.16 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at -0.00, in negative territory; this is a bearish sign. An equally important indicator, the STORSI is at 38.55. This value is in the neutral territory.

Euro Dollar / US Dollar is currently 1.6% above its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Trend forecasting oscillators are currently bearish on EURUSD and have had this outlook for the last 7 periods.

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
 

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Martin Kay

Well-known member
429 0
EUR/USD DAILY as of Wednesday, 16 April, 2014

*** Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar
Buy Target: 1.3817
Buy Stop: 1.3801
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!!!!!


Euro Dollar / US Dollar broke above the upside resistance level of 1.38, 5 days ago. This is a bullish sign. This previous resistance level of 1.38 may now provide downside support. Prices having only risen 0.29% since the breakout, the validity of the breakout is questionable. The most recently confirmed downside support level for Euro Dollar / US Dollar is around 1.28. Expect prices to have some difficulty falling below this level. A break below this level (particularly on heavy trading) would be a bearish sign.
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 26 white candles versus 23 black candles with a net of 3 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 crossed above the signal line 4 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.33%, and has been fluctuating from a high of 1.390 to a low of 1.379. The MACD is currently not in an Overbought/Oversold range.
Stochastic was a Buy 6 Period(s) Ago.
ADX is currently below both Plus and Minus Directional indicators.
SAR signal was a Buy 5 period(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 38.4%. Bollinger Bands are 45.63% 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 1 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
An Inside Day Narrow Range was detected by your Elliott Waves High Volatility on 16/04/14. This is usually a trade set-up opportunity.
Elliott Waves High Volatility has detected an Isolated Low at 1.38 one bar ago ; this is usually a bullish sign that is not to be used alone! Elliott Waves High Volatility has detected a Gann Swing or Pullback that is usually a bearish pattern! It should be used with other indicators.
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.36 is increasing. The Relative Strength Index is at 51.96 in the neutral territory. The Relative Momentum Index is at 61.17 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.00, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 55.36. This value is in the neutral territory.
Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
 

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NVP

Legendary member
37,535 1,988
Hi martin and welcome

jees fella - you sure do bring a lot of indicators to the table......and they say make it simple ?

N
 
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Martin Kay

Well-known member
429 0
EUR/USD DAILY as of Tuesday, 22 April, 2014

*** Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar
Buy Target: 1.3796
Buy Stop: 1.3787
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 26 white candles versus 23 black candles with a net of 3 white candles.
MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 1 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.01%, and has been fluctuating from a high of 1.383 to a low of 1.379.The MACD is currently not in an Overbought/Oversold range.
Stochastic was a Buy 10 Period(s) Ago.
ADX is currently below both Plus and Minus Directional indicators and Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 9 period(s) Ago.
The close is currently
ABOVE its 200 daily moving average
ABOVE its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for Euro Dollar / US Dollar is Bullish
Euro Dollar / US Dollar closed below the upper Bollinger Band by 48.2%. Bollinger Bands are 45.32% 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 5 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
Elliott Waves High Volatility has detected an Isolated Low at 1.38 one bar ago ; this is usually a bullish sign that is not to be used alone! Elliott Waves High Volatility has detected an Isolated High at 1.38 one bar ago; this is usually a bearish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.36 is increasing. The Relative Strength Index is at 49.37 in the neutral territory. The Relative Momentum Index is at 54.63 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.00, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 14.03. This value is in the oversold territory.

Euro Dollar / US Dollar is currently 1.6% above its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Prend forecasting oscillators are currently bearish on EURUSD and have had this outlook for the last 17 periods.

Technical Outlook
Short Term: Oversold
Intermediate Term: Bearish
Long Term: Bullish
 

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Martin Kay

Well-known member
429 0
EUR/USD DAILY as of Tuesday, 29 April, 2014

*** Intra-Daily Trading Strategy: SELL Euro Dollar / US Dollar
Sell Target: 1.3851
Sell Stop: 1.3874
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!!!!!


Euro Dollar / US Dollar broke above the upside resistance level of 1.38, five days ago. This is a bullish sign. This previous resistance level of 1.38 may now provide downside support. Prices having only risen 0.37% since the breakout. The most recently confirmed downside support level for Euro Dollar / US Dollar is around 1.28. Expect prices to have some difficulty falling below this level. A break below this level (particularly on heavy trading) would be a bearish sign.
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 3 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.21%, and has been fluctuating from a high of 1.388 to a low of 1.379.The MACD is currently not in an Overbought/Oversold range.
Stochastic signal was a Buy 15 Period(s) Ago.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 14 period(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 21.9%. Bollinger Bands are 43.22% 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 10 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
Elliott Waves High Volatility has detected an Isolated Low at 1.38 one bar ago ; this is usually a bullish sign that is not to be used alone! Elliott Waves High Volatility has detected an Isolated High at 1.39 one bar ago; this is usually a bearish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.37 is increasing. The Relative Strength Index is at 58.38 in the neutral territory. The Relative Momentum Index is at 60.89 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.00, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 100.00. This value is in the overbought territory.

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
 

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Martin Kay

Well-known member
429 0
EUR/USD DAILY as of Tuesday, 06 May, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 06/05/14

Volatility Analysis
On 06/05/14, Euro Dollar / US Dollar closed down -0.0000 at 1.3874

Statistical Change from
Volatility Previous period
10-period 3.0463 -0.01
21-period 3.9309 -0.14
39-period 4.8137 -0.11
90-period 6.2661 -0.08

Bollinger Bands are 55.14% narrower than normal. Euro Dollar / 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 86.2499. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a buy 10 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 58.69.This is not a topping or bottoming area. The last signal was a sell 135 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 146.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a sell 16 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 6 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 17 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 169 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 8 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 19 period(s) ago.

Summary
The current market condition for Euro Dollar / US Dollar is: Very 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 above its 30 period moving average.

Analysis of daily activity through 06/05/14
The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.
If already holding long positions, look to partial profits on any retracement to 1.3777. With remaining long positions after profit taking should consider placing exit stops in the region of 1.3777. Be prepared for a potential short term price fall back to the 1.3830 area.

Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3777
If Short -- exit all contracts at ... 1.3889
 

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Martin Kay

Well-known member
429 0
EUR/USD DAILY as of Tuesday, 13 May, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 13/05/14

Volatility Analysis
On 13/05/14, Euro Dollar / US Dollar closed up 0.0001 at 1.3756

Statistical Change from
Volatility Previous period
10-period 5.8240 -0.15
21-period 4.3905 -0.40
39-period 4.7468 -0.54
90-period 6.1953 -0.00

Bollinger Bands are 24.61% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 4.8116. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a sell 3 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 40.64.This is not a topping or bottoming area. The last signal was a sell 140 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -149.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a sell 3 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 2 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 5 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 174 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 13 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: 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.


Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 13/05/14

The current trend is down and all orders on the short side may be considered.
If already holding short positions, would look to take partial profits at any retracement to 1.3993. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3993. Be prepared for a potential short term price pull back to the 1.3828 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3745
If Short -- exit all contracts at ... 1.3993
 

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Martin Kay

Well-known member
429 0
AUD/USD DAILY as of Tuesday, 20 May, 2014

VIT Daily Analysis

Review of Australian Dollar / US Dollar (AUDUSD)
as of 20/05/14

Volatility Analysis
On 20/05/14, Australian Dollar / US Dollar closed down -0.0022 at 0.9304

Period Statistics Change
10-period 4.1804 -1.70
21-period 6.0642 0.05
39-period 7.5298 -0.17
90-period 9.9134 -0.19

Bollinger Bands are 46.60% narrower than normal. Australian Dollar / 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 13.6528. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a sell 7 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 48.56.This is not a topping or bottoming area. The last signal was a sell 27 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -42. This is not a topping or bottoming area.The last signal was a sell 3 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 1 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Sell 56 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Sell 89 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 5 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 10 period(s) ago.

Summary
The current market condition for Australian Dollar / US Dollar 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.


Australian Dollar / US Dollar(AUDUSD) Analysis of activity through 20/05/14

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 0.9301. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 0.9252.
Be prepared for a potential short term price pull back to the 0.9322 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 0.9203
If Short -- exit all contracts at ... 0.9409
 

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Martin Kay

Well-known member
429 0
EUR/USD DAILY as of Tuesday, 27 May, 2014

EUR/USD DAILY as of Tuesday, 27 May, 2014
VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 27/05/14

Volatility Analysis
On 27/05/14, Euro Dollar / US Dollar closed up 0.0007 at 1.3660

Period Statistics Change
10-period 2.4162 -0.49
21-period 4.6106 -0.05
39-period 4.5494 -0.02
90-period 5.9569 -0.00

Bollinger Bands are 50.55% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 29.9102. This is not an overbought or oversold reading. The last signal was a buy 7 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 35.91.This is not a topping or bottoming area. The last signal was a sell 150 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -79. This is not a topping or bottoming area.The last signal was a buy 1 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 12 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 15 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 184 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 23 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 12 period(s) ago.

Summary
The current market condition for Euro Dollar / US Dollar is: Mildly Bullish
The close is currently above 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.


Euro Dollar / US Dollar(EURUSD) Analysis of activity through 27/05/14

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 1.3734. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3774. Be prepared for a potential short term price pull back to the 1.3714 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3615
If Short -- exit all contracts at ... 1.3993
 

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Martin Kay

Well-known member
429 0
EUR/USD DAILY as of Tuesday, 03 June, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 03/06/14

Volatility Analysis
On 03/06/14, Euro Dollar / US Dollar closed up 0.0004 at 1.3600

Period Statistics Change
10-period 3.1911 0.07
21-period 4.3624 0.01
39-period 4.1140 -0.24
90-period 5.6340 -0.01

Bollinger Bands are 25.28% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 29.5610. This is not an overbought or oversold reading. The last signal was a buy 2 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 33.61.This is not a topping or bottoming area. The last signal was a buy 3 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -98. This is not a topping or bottoming area.The last signal was a buy 2 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 17 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 20 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 189 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 28 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 17 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.


Euro Dollar / US Dollar(EURUSD) Analysis of activity through 03/06/14
As at 1.3600

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 1.3684. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3734. Be prepared for a potential short term price pull back to the 1.3667 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3586
If Short -- exit all contracts at ... 1.3734
 

Attachments

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Martin Kay

Well-known member
429 0
EUR/USD DAILY as of Tuesday, 10 June, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 10/06/14

Volatility Analysis
On 10/06/14, Euro Dollar / US Dollar closed down -0.0001 at 1.3589

Period Statistical Change
10-period 4.6549 -0.03
21-period 3.8184 0.01
39-period 4.2631 -0.02
90-period 5.4532 -0.00

Bollinger Bands are 32.14% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 59.9616. This is not an overbought or oversold reading. The last signal was a buy 7 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 37.44.This is not a topping or bottoming area. The last signal was a buy 8 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -134.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -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 3 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 25 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 194 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 33 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 3 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.


Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 10/06/14
Last price: 1.3589

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 1.3676. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3676. Be prepared for a potential short term price pull back to the 1.3664 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3503
If Short -- exit all contracts at ... 1.3723
 

Attachments

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Martin Kay

Well-known member
429 0
EUR/USD DAILY as of Tuesday, 17 June, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 17/06/14

Volatility Analysis
On 17/06/14, Euro Dollar / US Dollar last price down -0.0014 at 1.3563

Period Statistical Change
10-period 4.7439 -0.14
21-period 4.0548 -0.05
39-period 4.4658 -0.01
90-period 5.4315 0.00

Bollinger Bands are 30.71% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 44.6041. This is not an overbought or oversold reading. The last signal was a buy 1 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 39.31.This is not a topping or bottoming area. The last signal was a buy 13 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -42. This is not a topping or bottoming area.The last signal was a buy 1 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 Buy 30 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 199 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated 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 3 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.


Euro Dollar / US Dollar(EURUSD) Analysis of activity through 17/06/14
Last price: 1.3563

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 1.3676. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3676. Be prepared for a potential short term price pull back to the 1.3638 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3503
If Short -- exit all contracts at ... 1.3676
 

Attachments

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