EUR/USD DAILY as of Wednesday, 01 May, 2013

[martinkay]

VIT Daily Analysis

Review of Australian Dollar / US Dollar (AUDUSD)
as of 31/07/14

Volatility Analysis
On 31/07/14, Australian Dollar / US Dollar last price down -0.0002 at 0.9323

Period Statistical Change
10-period 6.8985 -0.25
21-period 6.7267 -0.44
39-period 7.3582 -0.00
90-period 7.7330 -0.08

Bollinger Bands are 48.05% 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 13.9740. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 9 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 42.39.This is not a topping or bottoming area. The last signal was a sell 79 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -157.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a sell 4 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 Buy 38 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Sell 141 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 40 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 1 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 31/07/14
Last price at: 0.9323

The current trend is down and all orders on the short side may be considered. If already holding short positions, we would look to take partial profits at any retracement to 0.9470. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 0.9470. Be prepared for a potential short term price pull back to the 0.9371 area.
Suggested standing placement of fail-safe stops…
If Long – exit all contracts at … 0.9303
If Short – exit all contracts at … 0.9470

[martinkay]

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 14/08/14

Volatility Analysis
On 14/08/14, Euro Dollar / US Dollar closed down -0.0006 at 1.3361

Period Statistical Change
10-period 4.0111 0.00
21-period 3.4482 -0.14
39-period 3.6846 -0.00
90-period 4.0720 -0.00

Bollinger Bands are 11.38% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 29.9656. This is not an overbought or oversold reading. The last signal was a buy 9 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 34.16.This is not a topping or bottoming area. The last signal was a buy 4 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -101.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. 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 4 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 72 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 241 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 22 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.

Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 14/08/14
close: 1.3361

The current trend is down and all orders on the short side may be considered. If already holding short positions, we would look to take partial profits at any retracement to 1.3432. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3444. Be prepared for a potential short term price pull back to the 1.3429 area.
Suggested standing placement of fail-safe stops…
If Long – exit all contracts at … 1.3333
If Short – exit all contracts at … 1.3475

[Pingback]

Wow, you use a lot of indicators! It would be nice if these charts could be expanded!

[martinkay]

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 21/08/14

Volatility Analysis
On 21/08/14, Euro Dollar / US Dollar closed down -0.0010 at 1.3249

Period Statistical Change
10-period 4.6578 -0.01
21-period 4.0196 -0.00
39-period 3.9456 -0.13
90-period 4.1403 -0.00

Bollinger Bands are 9.56% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 4.7720. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 14 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 26.82.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 9 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -231.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 6 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 Buy 77 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 246 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 1 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.

Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 21/08/14
close: 1.3249

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 1.3415. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3432. Be prepared for a potential short term price pull back to the 1.3389 area.
Suggested standing placement of fail-safe stops…
If Long – exit all contracts at … 1.3241
If Short – exit all contracts at … 1.3444

[martinkay]

*** Intra-Daily Trading Strategy: SELL British Pound / US Dollar
Sell Target: 1.6522
Sell Stop: 1.6616
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 2 white candles versus 7 black candles with a net of 5 black candles.
The previous 50 candlestick bars, there are 22 white candles versus 27 black candles with a net of 5 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 32 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar’s price has decreased 3.34%, and has been fluctuating from a high of 1.719 to a low of 1.654.
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 Buy 61 Period(s) Ago.
The RSI is below 30. This is where it usually bottoms. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Buy 6 period(s) ago.

The RSI has just reached its lowest value in the last 14 period(s). This is BEARISH signal.
Currently, the Momentum Oscillator is in an oversold condition.

The last Directional Movement Indicators (DMI) signal was a BUY 70 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 27 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 10.2%. Bollinger Bands are 41.15% wider than normal.
British Pound / US Dollar is currently 0.8% below its 200-period moving average and is in an downward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Trend forecasting oscillators are currently bearish on GBPUSD and have had this outlook for the last 23 periods. Our momentum oscillator is currently indicating that GBPUSD is currently in an oversold condition.

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

[martinkay]

*** Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar
Buy Target: 1.3215
Buy Stop: 1.3126
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 22 white candles versus 28 black candles with a net of 6 black candles.
A engulfing bullish line has formed where a white candle’s real body completely contains the previous black candle’s real body. The engulfing bullish pattern is bullish during a downtrend(which is the case with Euro Dollar / US Dollar). It then signifies that the momentum may be shifting from the bears to the bulls.
If the engulfing bullish pattern occurs during an uptrend, it may be a last engulfing top which indicates a top. The test to see if this is the case is if the next candle closes below the top of the current (white) candle’s real body.MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 5 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar’s price has decreased 0.53%, and has been fluctuating from a high of 1.332 to a low of 1.315.
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 39 Period(s) Ago.
The RSI is below 30. This is where it usually bottoms. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Buy 4 period(s) ago.
Currently the RSI does not show any Failure Swings. The RSI and price of Euro Dollar / US Dollar are not diverging.
Currently, the Momentum Oscillator does not show an overbought or oversold condition.
The last Directional Movement Indicators (DMI) signal was a SELL 39 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 11 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 Euro Dollar / US Dollar is Very Bearish
Euro Dollar / US Dollar closed above the lower Bollinger Band by 5.1%. Bollinger Bands are 26.63% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Overall, the bias in prices is: Downwards.
Short term: Prices are moving.
Intermediate term: Prices are ranging.

[martinkay]

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)
as of 02/09/14

Volatility Analysis
On 02/09/14, British Pound / US Dollar closed down -0.0145 at 1.6469

                   Statistical               Change from 
                   Volatility              Previous period

10-period 5.4010 1.28
21-period 5.4540 0.84
39-period 4.6436 0.63
90-period 5.0163 0.30

Bollinger Bands are 26.77% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 38.8892. This is not an overbought or oversold reading. The last signal was a buy 3 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 24.00.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 2 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -166.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. 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 2 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 206 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 490 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 176 period(s) ago.

Stop and Reverse (SAR)
An SAR Sell signal was generated today. If you are long, this might be a good place to exit.

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.

British Pound / US Dollar(GBPUSD)

Analysis of activity through 02/09/14
close: 1.6469

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 1.6643. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.6737. Be prepared for a potential short term price pull back to the 1.6636 area.
Suggested standing placement of fail-safe stops…
If Long – exit all contracts at … 1.6467
If Short – exit all contracts at … 1.6841

[martinkay]

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 03/09/14

Volatility Analysis
On 03/09/14, Euro Dollar / US Dollar closed up 0.0014 at 1.3148

Period Statistical Change
10-period 3.9381 -0.36
21-period 4.2560 -0.08
39-period 3.9528 -0.01
90-period 4.1640 -0.09

Bollinger Bands are 71.67% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 23.2920. This is not an overbought or oversold reading. The last signal was a buy 0 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 27.25.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 9 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -75. 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 10 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 86 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 255 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 10 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 16 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 03/09/14
close: 1.3148

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 1.3296. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3359. Be prepared for a potential short term price pull back to the 1.3227 area.
Suggested standing placement of fail-safe stops…
If Long – exit all contracts at … 1.3110
If Short – exit all contracts at … 1.3411

[martinkay]

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 10/09/14

Volatility Analysis
On 10/09/14, Euro Dollar / US Dollar closed down -0.0021 at 1.2920

Period Statistical Change
10-period 10.1971 -0.21
21-period 7.8253 -0.00
39-period 6.3360 0.00
90-period 5.2900 0.00

Bollinger Bands are 140.69% 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 17.1626. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 5 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 23.82.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 14 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -106.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 6 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 15 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 91 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 260 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 15 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 21 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 10/09/14
close: 1.2920

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 1.3196. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3220. Be prepared for a potential short term price pull back to the 1.3072 area.
Suggested standing placement of fail-safe stops…
If Long – exit all contracts at … 1.2859
If Short – exit all contracts at … 1.3296

[martinkay]

VIT Daily Analysis

Review of Australian Dollar / US Dollar (AUDUSD)
as of 16/09/14

Volatility Analysis
On 16/09/14, Australian Dollar / US Dollar closed up 0.0045 at 0.9080

Period Statistical Change
10-period 11.1033 0.77
21-period 8.7897 0.39
39-period 7.6756 -0.03
90-period 7.8264 0.07

Bollinger Bands are 138.19% wider than normal. Australian 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 17.4604. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a sell 12 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 32.72.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 -108.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a sell 6 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 5 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 71 period(s) ago.

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

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 73 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 5 period(s) ago.

Summary
The current market condition for Australian 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.

Australian Dollar / US Dollar(AUDUSD) Analysis of activity through 16/09/14
close: 0.9080

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 0.9401. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 0.9401. Be prepared for a potential short term price pull back to the 0.9210 area.
Suggested standing placement of fail-safe stops…
If Long – exit all contracts at … 0.8983
If Short – exit all contracts at … 0.9401

[martinkay]

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 24/09/14

Volatility Analysis
On 24/09/14, Euro Dollar / US Dollar closed down -0.0075 at 1.2776

Period Statistical Change
10-period 8.1419 0.56
21-period 9.1393 0.20
39-period 7.4215 0.14
90-period 5.7462 0.09

Bollinger Bands are 61.98% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 14.2000. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 9 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 27.78.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 2 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -181.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 9 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 101 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 270 period(s) ago.

MACD Trend Signal
A MACD Trend Sell signal was generated today.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 5 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.

With strong confirmation from the short term trend and a current Sell signal.
Euro Dollar / US Dollar(EURUSD) Analysis of activity through 24/09/14
close: 1.2776

The current trend is down and all orders on the short side may be considered. If already holding short positions, we would look to take partial profits at any retracement to 1.2995. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.2995. Be prepared for a potential short term price pull back to the 1.2986 area.
Suggested standing placement of fail-safe stops…
If Long – exit all contracts at … 1.2774
If Short – exit all contracts at … 1.3154

[martinkay]

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 01/10/14

Volatility Analysis
On 01/10/14, Euro Dollar / US Dollar closed down -0.0012 at 1.2618

Period Statistical Change
10-period 7.0657 -0.88
21-period 9.1985 -0.04
39-period 7.4520 0.00
90-period 5.8409 -0.02

Bollinger Bands are 50.87% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 18.0594. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 14 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 21.75.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 7 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -126.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 14 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 4 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 106 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 275 period(s) ago.

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

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 10 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 01/10/14
close: 1.2618

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 1.2929. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.2995. Be prepared for a potential short term price pull back to the 1.2833 area.
Suggested standing placement of fail-safe stops…
If Long – exit all contracts at … 1.2571
If Short – exit all contracts at … 1.2995

[martinkay]

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)
as of 07/10/14

Volatility Analysis
On 07/10/14, British Pound / US Dollar closed up 0.0015 at 1.6085

Period Statistical Change
10-period 8.2558 -0.09
21-period 9.1420 -1.67
39-period 8.9219 -0.16
90-period 6.9672 0.01

Bollinger Bands are 5.62% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 26.1478. This is not an overbought or oversold reading. The last signal was a buy 0 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 36.82.This is not a topping or bottoming area. The last signal was a buy 1 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -107.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 18 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 3 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Sell 4 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 515 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 2 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 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.

British Pound / US Dollar(GBPUSD)

Analysis of activity through 07/10/14
close: 1.6085

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 1.6338. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.6415. Be prepared for a potential short term price pull back to the 1.6218 area.
Suggested standing placement of fail-safe stops…
If Long – exit all contracts at … 1.5952
If Short – exit all contracts at … 1.6523

[martinkay]

*** Intra-Daily Trading Strategy: SELL Euro Dollar / US Dollar
Sell Target: 1.2656
Sell Stop: 1.2828
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 22 white candles versus 27 black candles with a net of 5 black candles.
Three white candles has formed during the last three bars. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 1 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar’s price has increased 0.51%, and has been fluctuating from a high of 1.275 to a low of 1.258.
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 69 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 2 period(s) ago.
The RSI has just reached its highest value in the last 14 period(s). This is BULLISH signal.
The RSI has set a new 14-period high while the price of Euro Dollar / US Dollar has not. This is a BULLISH DIVERGENCE.
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 Buy 1 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 Euro Dollar / US Dollar is Very Bearish
Euro Dollar / US Dollar closed above the lower Bollinger Band by 42.9%. Bollinger Bands are 84.71% wider than normal.

[martinkay]

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 15/10/14

Volatility Analysis
On 15/10/14, Euro Dollar / US Dollar closed up 0.0184 at 1.2821

Period Statistical Change
10-period 14.8693 2.44
21-period 12.2549 1.75
39-period 10.6389 1.09
90-period 7.6305 0.64

Bollinger Bands are 23.53% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 57.1218. This is not an overbought or oversold reading. The last signal was a sell 4 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 51.78.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 177.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 6 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 116 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 285 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 15 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 Euro Dollar / US Dollar is: 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 above its 30 period moving average.

Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 15/10/14
close: 1.2821

Be prepared for a potential short term price fall back to the 1.2756 area. The current trend is down and all orders on the short side may be considered. If already holding short positions, we would look to take partial profits at any retracement to 1.2885. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.2885.

[martinkay]

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)
as of 22/10/14

Volatility Analysis
On 22/10/14, British Pound / US Dollar closed down -0.0067 at 1.6043

Period Statistical Change
10-period 9.7639 -0.29
21-period 9.2773 0.04
39-period 10.1369 0.04
90-period 7.3471 0.01

Bollinger Bands are 11.07% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 71.7620. This is not an overbought or oversold reading. The last signal was a sell 0 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 42.54.This is not a topping or bottoming area. The last signal was a buy 12 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -11. 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 4 period(s) ago.

Trend Analysis

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

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 526 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 6 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 4 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.

British Pound / US Dollar(GBPUSD) Analysis of activity through 22/10/14
close: 1.6043

The current trend is down and all orders on the short side may be considered. If already holding short positions, we would look to take partial profits at any retracement to 1.6184. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.6226. Be prepared for a potential short term price pull back to the 1.6156 area.

[martinkay]

VIT Daily Analysis

Review of Australian Dollar / US Dollar (AUDUSD)
as of 28/10/14

Volatility Analysis
On 28/10/14, Australian Dollar / US Dollar closed up 0.0054 at 0.8859

Period Statistical Change
10-period 7.3294 -0.28
21-period 12.2408 0.08
39-period 11.7945 -0.07
90-period 9.4256 0.02

Bollinger Bands are 32.04% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 77.5774. This is not an overbought or oversold reading. The last signal was a sell 13 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 52.59.This is not a topping or bottoming area. The last signal was a buy 16 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 202.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a buy 18 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 16 period(s) ago.

Trend Analysis

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

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Sell 204 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 103 period(s) ago.

Stop and Reverse (SAR)
An SAR Buy signal was generated today. If you are short, this might be a good place to exit.

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

Australian Dollar / US Dollar(AUDUSD) Analysis of activity through 28/10/14
close: 0.8859

Be prepared for a potential short term price fall back to the 0.8831 area. The current trend is down and all orders on the short side may be considered. If already holding short positions, we would look to take partial profits at any retracement to 0.8881. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 0.8881.

[martinkay]

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)
as of 29/10/14

Volatility Analysis
On 29/10/14, British Pound / US Dollar closed down -0.0129 at 1.6012

Period Statistical Change
10-period 7.7907 1.15
21-period 9.7493 0.49
39-period 9.9357 -0.05
90-period 7.5320 0.15

Bollinger Bands are 38.17% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 51.9435. This is not an overbought or oversold reading. The last signal was a sell 5 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 41.89.This is not a topping or bottoming area. The last signal was a buy 17 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -16. This is not a topping or bottoming area.The last signal was a buy 9 period(s) ago.

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

Trend Analysis

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

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 531 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 11 period(s) Ago.

Stop and Reverse (SAR)
An SAR Sell signal was generated today. If you are long, this might be a good place to exit.

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.

With strong confirmation from the short term trend and a current Sell signal.
British Pound / US Dollar(GBPUSD) Analysis of activity through 29/10/14
close: 1.6012

The current trend is down and all orders on the short side may be considered. Market activity analysis suggests that short trades put on outside of the +S+ focus zone have a lower probabilty of success than those placed in those zones highlighted on the expert ribbon.
If already holding short positions, we would look to take partial profits at any retracement to 1.6184. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.6184. Be prepared for a potential short term price pull back to the 1.6144 area.

[martinkay]

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)
as of 04/11/14

Volatility Analysis
On 04/11/14, British Pound / US Dollar closed up 0.0026 at 1.6004

Period Statistical Change
10-period 6.0793 0.10
21-period 8.1563 -0.44
39-period 8.8424 -0.10
90-period 7.4301 -0.01

Bollinger Bands are 34.63% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 22.7710. This is not an overbought or oversold reading. The last signal was a buy 0 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 42.37.This is not a topping or bottoming area. The last signal was a buy 21 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -90. This is not a topping or bottoming area.The last signal was a buy 0 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 Sell 24 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 535 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 15 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 4 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.

British Pound / US Dollar(GBPUSD) Analysis of activity through 04/11/14
close: 1.6004

The current trend is down and all orders on the short side may be considered. Market activity analysis suggests that short trades put on outside of the +S+ focus zone have a lower probabilty of success than those placed in those zones highlighted on the expert ribbon. 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 1.6182. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.6184. Be prepared for a potential short term price pull back to the 1.6110 area.

[martinkay]

XAU/USD DAILY as of Thursday, 06 November, 2014
VIT Daily Analysis

Review of Gold / US Dollar (XAUUSD)
as of 05/11/14

Volatility Analysis
On 05/11/14, Gold / US Dollar closed down -27.2900 at 1,141.7100

Period Statistical Change
10-period 17.0004 2.96
21-period 17.1856 2.36
39-period 16.2859 1.36
90-period 14.7181 0.69

Bollinger Bands are 97.40% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 8.1963. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a sell 14 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 20.34.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 22 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -151.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a sell 10 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 5 period(s) ago.

Trend Analysis

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

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Sell 9 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 5 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 Gold / 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.

Gold / US Dollar(XAUUSD)

Analysis of activity through 05/11/14
close: 1,141.7100

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 1,234.9800. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1,254.7800. Be prepared for a potential short term price pull back to the 1,191.3215 area.