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

[martinkay]

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)
as of 24/03/15

Volatility Analysis
On 24/03/15, British Pound / US Dollar closed down -0.0119 at 1.4830

Period Statistical Change
10-period 16.6084 0.49
21-period 13.6885 0.04
39-period 11.9074 0.21
90-period 10.2423 0.11

Bollinger Bands are 95.97% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 52.4266. 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 40.16.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 -37. 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 sell 15 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Sell 65 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 635 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 43 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.

Analysis of activity through 24/03/15
close: 1.4830

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 1.5157. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.5157. Be prepared for a potential short term price pull back to the 1.4993 area.

[martinkay]

*** Intra-Daily Trading Strategy: SELL Euro Dollar / US Dollar
Sell Target: 1.0903
Sell Stop: 1.1072
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 7 white candles versus 3 black candles with a net of 4 white candles.
The previous 50 candlestick bars, there are 23 white candles versus 27 black candles with a net of 4 black candles.
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 1.39%, and has been fluctuating from a high of 1.103 to a low of 1.066.
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 189 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 5 period(s) ago.
The RSI has just reached its highest value in the last 14 period(s). This is BULLISH signal.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a BUY 1 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 5 period(s) Ago.
The close is currently
BELOW its 200 daily moving average
BELOW its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for Euro Dollar / US Dollar is Bearish
Euro Dollar / US Dollar closed below the upper Bollinger Band by 39.2%. Bollinger Bands are 101.94% wider than normal.

[martinkay]

*** Intra-Daily Trading Strategy: SELL Euro Dollar / US Dollar
Sell Target: 1.0798
Sell Stop: 1.0923
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 23 white candles versus 27 black candles with a net of 4 black candles.
MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 6 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar’s price has increased 0.19%, and has been fluctuating from a high of 1.105 to a low of 1.066.
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 192 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 8 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 1 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 8 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 below the upper Bollinger Band by 47.7%. Bollinger Bands are 58.02% wider than normal.

[martinkay]

*** Intra-Daily Trading Strategy: BUY British Pound / US Dollar
Buy Target: 1.4872
Buy Stop: 1.4698
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 6 white candles versus 4 black candles with a net of 2 white candles.
The previous 50 candlestick bars, there are 21 white candles versus 29 black candles with a net of 8 black 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 2 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar’s price has decreased 0.37%, and has been fluctuating from a high of 1.492 to a low of 1.475.
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 22 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 9 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 does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a BUY 38 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 9 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 31.2%. Bollinger Bands are 24.46% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

[martinkay]

*** Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar
Buy Target: 1.0838
Buy Stop: 1.0645
Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!

A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 4 white candles versus 6 black candles with a net of 2 black candles.
The previous 50 candlestick bars, there are 22 white candles versus 28 black candles with a net of 6 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 BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 8 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar’s price has decreased 0.35%, and has been fluctuating from a high of 1.105 to a low of 1.066.
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 194 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 10 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 3 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 10 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 49.4%. Bollinger Bands are 26.15% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

[martinkay]

*** Intra-Daily Trading Strategy: SELL Euro Dollar / US Dollar
Sell Target: 1.0884
Sell Stop: 1.1086
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 4 white candles versus 6 black candles with a net of 2 black candles.
The previous 50 candlestick bars, there are 23 white candles versus 27 black candles with a net of 4 black candles.
MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 11 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar’s price has increased 1.18%, and has been fluctuating from a high of 1.105 to a low of 1.066.
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 197 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 13 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 BUY 1 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 13 period(s) Ago.
The close is currently
BELOW its 200 daily moving average
BELOW its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for Euro Dollar / US Dollar is Bearish
Euro Dollar / US Dollar closed below the upper Bollinger Band by 22.9%. Bollinger Bands are 24.24% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

[martinkay]

*** Intra-Daily Trading Strategy: SELL British Pound / US Dollar
Sell Target: 1.4776
Sell Stop: 1.4966
Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!

A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.
The previous 50 candlestick bars, there are 20 white candles versus 30 black candles with a net of 10 black candles.
MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 7 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar’s price has decreased 0.33%, and has been fluctuating from a high of 1.498 to a low of 1.474.
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 27 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 14 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 does not show an overbought or oversold condition.
The DMI BUY reference point was crossed. If you are still buying, this might be a good place to stop out and prevent losses.
The last Directional Movement Indicators (DMI) signal was a BUY 1 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 14 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 38.1%. Bollinger Bands are 48.37% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to British Pound / 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 0 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.

[martinkay]

*** Intra-Daily Trading Strategy: BUY British Pound / US Dollar
Buy Target: 1.4846
Buy Stop: 1.4526
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 22 white candles versus 28 black candles with a net of 6 black candles.
MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 0 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar’s price has been unchanged, and has been fluctuating from a high of 1.480 to a low of 1.460.
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 32 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 19 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 does not show an overbought or oversold condition.

The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a BUY 6 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 3 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 33.0%. Bollinger Bands are 27.73% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
British Pound / US Dollar broke above the down trendline at 1.47, 1 day(s) ago. This is a bullish sign. This down trendline, currently with an ending point at 1.46, may now provide downside support. Prices only rise 0.69% since the breakout.

[martinkay]

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 15/04/15

Volatility Analysis
On 15/04/15, Euro Dollar / US Dollar closed up 0.0026 at 1.0672

Period Statistical Change
10-period 13.6489 -0.12
21-period 17.3382 0.00
39-period 16.4650 0.04
90-period 14.8755 -0.09

Bollinger Bands are 24.23% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 30.7763. 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 42.18.This is not a topping or bottoming area. The last signal was a buy 20 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -81. 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 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 Sell 6 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 3 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 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 15/04/15

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 1.1035. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.1035. Be prepared for a potential short term price pull back to the 1.0769 area.

[martinkay]

*** Intra-Daily Trading Strategy: BUY British Pound / US Dollar
Buy Target: 1.4985
Buy Stop: 1.4805
Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!

A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 7 white candles versus 3 black candles with a net of 4 white candles.
The previous 50 candlestick bars, there are 23 white candles versus 27 black candles with a net of 4 black candles.
MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 5 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar’s price has increased 1.12%, and has been fluctuating from a high of 1.505 to a low of 1.460.
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 37 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 24 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 does not show an overbought or oversold condition.
The ADX is currently below both Plus and Minus Directional indicators. This should not use to initiate any trades right now.
The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a BUY 11 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 2 period(s) Ago.
The close is currently
BELOW its 200 daily moving average
BELOW its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for British Pound / US Dollar is Bearish
British Pound / US Dollar closed below the upper Bollinger Band by 19.3%. Bollinger Bands are 28.42% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

[martinkay]

*** Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar
Buy Target: 1.0782
Buy Stop: 1.0653
Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!

A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 4 white candles versus 6 black candles with a net of 2 black candles.
The previous 50 candlestick bars, there are 21 white candles versus 29 black candles with a net of 8 black 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).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 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 0.24%, and has been fluctuating from a high of 1.085 to a low of 1.063.
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 209 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 25 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 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 11 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 9 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 39.7%. Bollinger Bands are 13.96% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

[martinkay]

*** Intra-Daily Trading Strategy: SELL British Pound / US Dollar
Sell Target: 1.5223
Sell Stop: 1.5449
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 9 white candles versus 1 black candles with a net of 8 white candles.
The previous 50 candlestick bars, there are 27 white candles versus 23 black candles with a net of 4 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 10 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar’s price has increased 3.80%, and has been fluctuating from a high of 1.534 to a low of 1.460.
The MACD is currently not in an Overbought/Oversold range.
There have been no divergence signals during the last 5 periods.
The Stochastic Oscillator is currently above 80. This is an indication of the security being in an “overbought” condition. No Stochastic Buy or Sell signals generated today. The last signal was a Sell 42 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 29 period(s) ago.
The RSI has just reached its highest value in the last 14 period(s). This is BULLISH signal.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a BUY 16 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 7 period(s) Ago.
The close is currently
BELOW its 200 daily moving average
ABOVE its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for British Pound / US Dollar is Mildly Bearish
British Pound / US Dollar closed above the upper Bollinger Band by 9.3%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the Bollinger Bands is likely. Bollinger Bands are 48.99% wider than normal.

[martinkay]

*** Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar
Buy Target: 1.1213
Buy Stop: 1.0858
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 big bullish white candle has formed. Prices closed considerably higher than open. If the candle appears when prices are “low,” it may be the first sign of a bottom. If it occurs when prices are rebounding off a support area, a moving average, trend line, or retracement level, the long white candle adds credibility to the support. Likewise, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.
The previous 10 candlestick bars, there are 7 white candles versus 3 black candles with a net of 4 white candles.
The previous 50 candlestick bars, there are 24 white candles versus 26 black candles with a net of 2 black candles.
Three white candles has formed during the last three bars. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 9 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar’s price has increased 3.34%, and has been fluctuating from a high of 1.119 to a low of 1.063.
The MACD is currently not in an Overbought/Oversold range.
There have been no divergence signals during the last 5 periods.
The Stochastic Oscillator is currently above 80. This is an indication of the security being in an “overbought” condition. No Stochastic Buy or Sell signals generated today. The last signal was a Sell 214 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 30 period(s) ago.
The RSI has just reached its highest value in the last 14 period(s). This is BULLISH signal.

Currently, the Momentum Oscillator is in an overbought condition.

The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a SELL 16 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 4 period(s) Ago.
The close is currently
BELOW its 200 daily moving average
ABOVE its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for Euro Dollar / US Dollar is Mildly Bearish
Euro Dollar / US Dollar closed above the upper Bollinger Band by 9.3%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the Bollinger Bands is likely. Bollinger Bands are 7.21% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

[martinkay]

*** Intra-Daily Trading Strategy: BUY British Pound / US Dollar
Buy Target: 1.5231
Buy Stop: 1.5031
Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!

A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 7 white candles versus 3 black candles with a net of 4 white candles.
The previous 50 candlestick bars, there are 27 white candles versus 23 black candles with a net of 4 white candles.
MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 15 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar’s price has increased 2.74%, and has been fluctuating from a high of 1.550 to a low of 1.460.
The MACD is currently not in an Overbought/Oversold range.
There have been no divergence signals during the last 5 periods.
No Stochastic Buy or Sell signals generated today. The last signal was a Sell 1 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.

Currently the RSI does not show any Failure Swings. The RSI and price of British Pound / US Dollar are not diverging.
Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a BUY 21 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 12 period(s) Ago.
The close is currently
BELOW its 200 daily moving average
ABOVE its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for British Pound / US Dollar is Mildly Bearish
British Pound / US Dollar closed below the upper Bollinger Band by 33.8%. Bollinger Bands are 91.25% wider than normal.

[martinkay]

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)
as of 12/05/15

Volatility Analysis
On 12/05/15, British Pound / US Dollar closed up 0.0094 at 1.5667

Period Statistical Change
10-period 13.0504 -0.14
21-period 10.3742 0.07
39-period 11.3227 -0.48
90-period 10.7306 -0.07

Bollinger Bands are 55.11% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 89.3070. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a sell 7 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 72.02.This is where it usually tops which often occurs before the underlying asset. The last signal was a sell 8 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 168.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a sell 7 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 19 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Sell 100 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 670 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 78 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 17 period(s) ago.

Summary
The current market condition for British Pound / 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 activity through 23/02/15
close: 1.5452
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 1.5209. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.5197. Be prepared for a potential short term price fall back to the 1.5317 area.

[martinkay]

*** Intra-Daily Trading Strategy: SELL Euro Dollar / US Dollar
Sell Target: 1.1269
Sell Stop: 1.1502
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.
MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 22 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar’s price has increased 5.32%, and has been fluctuating from a high of 1.147 to a low of 1.063.
The MACD is currently not in an Overbought/Oversold range.
There have been no divergence signals during the last 5 periods.
The Stochastic Oscillator is currently above 80. This is an indication of the security being in an “overbought” condition. No Stochastic Buy or Sell signals generated today. The last signal was a Sell 5 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 7 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 29 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 17 period(s) Ago.
The close is currently
BELOW its 200 daily moving average
ABOVE its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for Euro Dollar / US Dollar is Mildly Bearish
Euro Dollar / US Dollar closed below the upper Bollinger Band by 26.8%. Bollinger Bands are 61.62% wider than normal.

[martinkay]

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)
as of 19/05/15

Volatility Analysis
On 19/05/15, British Pound / US Dollar closed down -0.0149 at 1.5512

Period Statistical Change
10-period 11.1739 2.89
21-period 11.5755 0.82
39-period 10.4090 0.52
90-period 10.9553 0.18

Bollinger Bands are 51.28% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 48.0420. This is not an overbought or oversold reading. The last signal was a sell 1 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 58.09.This is not a topping or bottoming area. The last signal was a sell 1 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 25. This is not a topping or bottoming area.The last signal was a sell 1 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 24 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Sell 105 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 675 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 83 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: Mildly Bearish
The close is currently below 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 activity through 19/05/15
close: 1.5512
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 1.5163. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.5089. Be prepared for a potential short term price fall back to the 1.5449 area.

[martinkay]

*** Intra-Daily Trading Strategy: BUY British Pound / US Dollar
Buy Target: 1.5450
Buy Stop: 1.5285
Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!

• Chaos Trading System
  SELL signal generated today. ENTER SELL and exit buy at market price on the next Daily open.
  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 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 BEARISH as the MACD is below the signal line.
  The MACD crossed below the signal line 2 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar’s price has decreased 0.65%, and has been fluctuating from a high of 1.569 to a low of 1.535.
  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 5 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 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 does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a BUY 36 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
BELOW its 200 daily moving average
ABOVE its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for British Pound / US Dollar is Bearish
British Pound / US Dollar closed above the lower Bollinger Band by 36.5%. Bollinger Bands are 38.47% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

[martinkay]

British Pound / US Dollar-GBPUSD
As of 02/06/15
*** Intra-Daily Trading Strategy: BUY British Pound / US Dollar
Buy Target: 1.5414
Buy Stop: 1.5109
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 29 white candles versus 21 black candles with a net of 8 white candles.
MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 7 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar’s price has decreased 0.92%, and has been fluctuating from a high of 1.569 to a low of 1.517.
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 10 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 11 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 does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a SELL 3 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 10 period(s) ago.
The close is currently
BELOW its 200 daily moving average
ABOVE its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for British Pound / US Dollar is Bearish
British Pound / US Dollar closed above the lower Bollinger Band by 29.2%. Bollinger Bands are 28.95% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

[martinkay]

British Pound / Euro Dollar-GBPEUR
As of 09/06/15
*** Intra-Daily Trading Strategy: BUY British Pound / Euro Dollar
Buy Target: 1.3668
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 26 white candles versus 24 black candles with a net of 2 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 6 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / Euro Dollar’s price has decreased 2.10%, and has been fluctuating from a high of 1.399 to a low of 1.353.
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 2 Period(s) Ago.
The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 61 period(s) ago.

Currently the RSI does not show any Failure Swings. The RSI and price of British Pound / Euro Dollar are not diverging.
Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a BUY 22 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 daily moving average
BELOW its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for British Pound / Euro Dollar is Mildly Bullish
British Pound / Euro Dollar closed above the lower Bollinger Band by 13.2%. Bollinger Bands are 44.33% wider than normal.