USD/JPY DAILY as of Tuesday, 30 July, 2013

VIT Daily Analysis

Review of US Dollar / Japanese Yen (USDJPY)
as of 11/11/14

Volatility Analysis
On 11/11/14, US Dollar / Japanese Yen closed up 1.1350 at 115.8460

Period Statistical Change
10-period 16.7145 -0.07
21-period 14.6486 -0.20
39-period 13.3214 -0.24
90-period 10.0121 0.10

Bollinger Bands are 253.48% wider than normal. US Dollar / Japanese Yen 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 73.0290. 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 80.24.This is where it usually tops which often occurs before the underlying asset. The last signal was a sell 29 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 92. 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 12 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 9 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 13 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 9 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 13 period(s) ago.

Summary
The current market condition for US Dollar / Japanese Yen 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.

US Dollar / Japanese Yen(USDJPY)

Analysis of activity through 11/11/14
close: 115.8460
The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.
If already holding long positions, we would look to partial profits on any retracement to 108.8570. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 107.6010. Be prepared for a potential short term price fall back to the 113.1846 area.


Japan is currently going through recession and the currency is trying to stabilize, but its being experiencing some downtrends for the past few days. The trade I opened went long at 118.05 on my Profiforex account on the 25th of November, went down to 117.35 and it’s on a reversal. Though I know the downtrend will continue.

There was little buying in the pair which pumped a little air, but it seems hat pair might take a slight downward trend.

*** Intra-Daily Trading Strategy: BUY US Dollar / Japanese Yen
Buy Target: 119.5523
Buy Stop: 117.8197
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 30 white candles versus 20 black candles with a net of 10 white 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. It then signifies that the momentum may be shifting from the bears to the bulls.
If the engulfing bullish pattern occurs during an uptrend (which is the case with US Dollar / Japanese Yen), 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 4 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 1.31%, and has been fluctuating from a high of 119.282 to a low of 117.232.
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 Buy 33 Period(s) Ago.
The RSI is above 70. This is where it usually tops. 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 Sell 44 period(s) ago.

Currently the RSI does not show any Failure Swings. The price of US Dollar / Japanese Yen has set a new 14-period high while the RSI has not. This is a BEARISH DIVERGENCE.
Currently, the Momentum Oscillator is in an overbought condition.

The last Directional Movement Indicators (DMI) signal was a BUY 28 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
ABOVE its 200 daily moving average
ABOVE its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for US Dollar / Japanese Yen is Very Bullish
US Dollar / Japanese Yen closed below the upper Bollinger Band by 11.6%. Bollinger Bands are 69.27% wider than normal.


VIT Weekly Analysis

Review of US Dollar / Japanese Yen (USDJPY)
as of 05/12/14

Volatility Analysis
On 05/12/14, US Dollar / Japanese Yen closed up 2.8200 at 121.4800

Period Statistical Change
10-period 28.8497 0.90
21-period 22.7499 0.00
39-period 21.5087 0.57
90-period 26.1410 0.26

Bollinger Bands are 161.11% wider than normal. US Dollar / Japanese Yen 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 94.9922. 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 85.13.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 143.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a sell 8 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 Buy 30 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 65 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 53 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 15 period(s) ago.

Summary
The current market condition for US Dollar / Japanese Yen 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 05/12/14
close: 121.4800
The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.
If already holding long positions, we would look to partial profits on any retracement to 105.2070.


*** Intra-Daily Trading Strategy: SELL US Dollar / Japanese Yen
Sell Target: 117.8210
Sell Stop: 122.4620
Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!

A big bearish black candle has formed. Prices closed considerably lower than open. If the candle appears when prices are “high,” it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area, a moving average, trend line, or price resistance level, the long black candle adds credibility to the resistance. Likewise, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area.
The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.
The previous 50 candlestick bars, there are 28 white candles versus 22 black candles with a net of 6 white candles.
MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 0 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has been unchanged, and has been fluctuating from a high of 120.997 to a low of 117.944.
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 Buy 38 Period(s) Ago.
The RSI is not currently in a topping (above 70) or bottoming (below 30) range.The RSI just crossed below 70 from a topping formation. This is a BEARISH sign. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 0 period(s) ago.

The RSI has just reached its lowest value in the last 14 period(s). This is BEARISH signal.The RSI has set a new 14-period low while the price of US Dollar / Japanese Yen has not. This is a BEARISH DIVERGENCE.
Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a BUY 33 period(s) ago.
A SAR Sell signal generated today. If you are long, this might be a good place to exit.
The close is currently
ABOVE its 200 daily moving average
ABOVE its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for US Dollar / Japanese Yen is Very Bullish
US Dollar / Japanese Yen closed below the upper Bollinger Band by 32.5%. Bollinger Bands are 70.24% wider than normal.


A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 8 white candles versus 2 black candles with a net of 6 white candles.
The previous 50 candlestick bars, there are 31 white candles versus 19 black candles with a net of 12 white candles.
MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 17 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 14.98%, and has been fluctuating from a high of 121.680 to a low of 102.242.
The MACD is in an overbought range. Prices may continue to move higher for some time. Wait for prices to move lower before considering any sell positions.
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 110 Period(s) Ago.
The RSI is above 70. This is where it usually tops. 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 Sell 10 period(s) ago.

Currently the RSI does not show any Failure Swings. The RSI and price of US Dollar / Japanese Yen are not diverging.
Currently, the Momentum Oscillator is in an overbought condition.

The last Directional Movement Indicators (DMI) signal was a SELL 65 period(s) ago.
A SAR Sell signal generated today. If you are long, this might be a good place to exit.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for US Dollar / Japanese Yen is Very Bullish
US Dollar / Japanese Yen closed below the upper Bollinger Band by 13.9%. Bollinger Bands are 208.95% wider than normal.


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 32 white candles versus 18 black candles with a net of 14 white candles.
MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 18 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 15.81%, and has been fluctuating from a high of 121.680 to a low of 102.242.
The MACD is in an overbought range. Prices may continue to move higher for some time. Wait for prices to move lower before considering any sell positions.
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 111 Period(s) Ago.
The RSI is above 70. This is where it usually tops. 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 Sell 11 period(s) ago.

Currently the RSI does not show any Failure Swings. The RSI and price of US Dollar / Japanese Yen are not diverging.
Currently, the Momentum Oscillator is in an overbought condition.

The last Directional Movement Indicators (DMI) signal was a SELL 66 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 1 period(s) ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for US Dollar / Japanese Yen is Very Bullish
US Dollar / Japanese Yen closed below the upper Bollinger Band by 14.1%. Bollinger Bands are 204.93% wider than normal.


VIT Daily Analysis

Review of Australian Dollar / US Dollar (AUDUSD)
as of 30/12/14

Volatility Analysis
On 30/12/14, Australian Dollar / US Dollar closed up 0.0054 at 0.8182

Period Statistical Change
10-period 9.5588 1.01
21-period 8.9878 0.68
39-period 9.6567 -1.20
90-period 11.3909 0.06

Bollinger Bands are 0.72% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 58.6715. This is not an overbought or oversold reading. The last signal was a buy 2 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 37.08.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 1. This is not a topping or bottoming area.The last signal was a buy 3 period(s) ago.

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

Trend Analysis

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

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Sell 42 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 26 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 1 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.

Analysis of activity through 30/12/14
close: 0.8182

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 0.8203. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 0.8267. Be prepared for a potential short term price pull back to the 0.8200 area.


VIT Weekly Analysis

Review of US Dollar / Japanese Yen (USDJPY)
as of 02/01/15

Volatility Analysis
On 02/01/15, US Dollar / Japanese Yen closed unchanged 0.0000 at 120.3530

Period Statistical Change
10-period 28.8744 0.82
21-period 25.5474 -0.39
39-period 21.9541 0.03
90-period 25.6924 -0.03

Bollinger Bands are 160.41% wider than normal. US Dollar / Japanese Yen 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 73.7087. This is not an overbought or oversold reading. The last signal was a sell 2 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 75.73.This is where it usually tops which often occurs before the underlying asset. The last signal was a sell 12 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 78. This is not a topping or bottoming area.The last signal was a sell 2 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 20 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 34 period(s) ago.

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

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 57 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 US Dollar / Japanese Yen 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 02/01/15
close: 120.3530
The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.
If already holding long positions, we would look to partial profits on any retracement to 112.5680. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 105.2070. Be prepared for a potential short term price fall back to the 115.6665 area.


The pair has made some strong upward moves but there are chances that it might trade in a very narrow margin, so its better for short trades.

US Dollar / Japanese Yen-USDJPY
As of 06/01/15
*** Intra-Daily Trading Strategy: SELL US Dollar / Japanese Yen
Sell Target: 117.9897
Sell Stop: 120.1843
Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!

  • Chaos Trading System
    SELL signal generated today. ENTER SELL and exit buy at market price on the next Daily open.
    A 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 30 white candles versus 20 black candles with a net of 10 white candles.
    MACD is BEARISH as the MACD is below the signal line.
    The MACD crossed below the signal line 20 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has decreased 0.51%, and has been fluctuating from a high of 120.997 to a low of 115.566.
    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 Buy 58 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 20 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 Directional Movement Indicators (DMI) are showing a SELL signal for US Dollar / Japanese Yen.
The last Directional Movement Indicators (DMI) signal was a SELL 0 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 11 period(s) Ago.
The close is currently
ABOVE its 200 daily moving average
ABOVE its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for US Dollar / Japanese Yen is Bullish
US Dollar / Japanese Yen closed above the lower Bollinger Band by 33.9%. Bollinger Bands are 9.48% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.


Yeah, there may be some volatility but I think that this pair is moving higher. FOMC policy, stance and US economic outlook is diverging from BOJ policy, stance and Japanese economic outlook in a way I have not before witnessed. I see 120 as a testing point between the strength of the US and what the BOJ is going to do later this month. Long term outlook for me is definitely bullish…

A black body has formed as prices closed lower 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 31 white candles versus 19 black candles with a net of 12 white candles.
MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 20 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 13.97%, and has been fluctuating from a high of 121.680 to a low of 102.242.
The MACD is currently not in an Overbought/Oversold range.
There have been no 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 113 Period(s) Ago.
The RSI is not currently in a topping (above 70) or bottoming (below 30) range.The RSI just crossed below 70 from a topping formation. This is a BEARISH sign. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 0 period(s) ago.

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

The last Directional Movement Indicators (DMI) signal was a SELL 68 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
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for US Dollar / Japanese Yen is Very Bullish
US Dollar / Japanese Yen closed below the upper Bollinger Band by 27.5%. Bollinger Bands are 181.52% wider than normal.


A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 6 white candles versus 4 black candles with a net of 2 white candles.
The previous 50 candlestick bars, there are 31 white candles versus 19 black candles with a net of 12 white candles.
Three black candles has formed during the last three bars. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.MACD is BULLISH as the MACD is above the signal line.
The MACD crossed above the signal line 21 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 13.11%, and has been fluctuating from a high of 121.680 to a low of 102.242.
The MACD is currently not in an Overbought/Oversold range.
There have been no 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 114 Period(s) Ago.
The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 1 period(s) ago.

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

The last Directional Movement Indicators (DMI) signal was a SELL 69 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 4 period(s) ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for US Dollar / Japanese Yen is Very Bullish
US Dollar / Japanese Yen closed below the upper Bollinger Band by 33.4%. Bollinger Bands are 161.91% wider than normal.


A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 6 white candles versus 4 black candles with a net of 2 white candles.
The previous 50 candlestick bars, there are 31 white candles versus 19 black candles with a net of 12 white candles.
A spinning top has formed which is a candle with a small real body. Spinning tops identify a session in which there is little price action as defined by the difference between the open and the close. During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 0 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has been unchanged, and has been fluctuating from a high of 118.862 to a low of 116.919.
The MACD is currently not in an Overbought/Oversold range.
There have been no divergence signals during the last 5 periods.
No Stochastic Buy or Sell signals generated today. The last signal was a Sell 115 Period(s) Ago.
The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 2 period(s) ago.

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

The last Directional Movement Indicators (DMI) signal was a SELL 70 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 5 period(s) ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for US Dollar / Japanese Yen is Very Bullish
US Dollar / Japanese Yen closed below the upper Bollinger Band by 34.3%. Bollinger Bands are 142.63% wider than normal.


VIT Daily Analysis

Review of US Dollar / Japanese Yen (USDJPY)
as of 28/01/15

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

Period Statistical Change
10-period 15.3151 -0.02
21-period 12.9076 -0.50
39-period 14.6735 0.02
90-period 13.6888 0.00

Bollinger Bands are 35.01% narrower than normal.

Momentum Indicators

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

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

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

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

Trend Analysis

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

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

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

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

Summary
The current market condition for US Dollar / Japanese Yen is: Bullish
The close is currently above its 200 period moving average.
The close is currently above its 90 period moving average.
The close is currently below its 30 period moving average.

Analysis of activity through 28/01/15
close: 117.4720
The current trend is up and all orders on the long side may be considered.
If already holding long positions, we would look to partial profits on any retracement to 115.8480. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 115.8480. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.
Be prepared for a potential short term price pull back to the 118.3637 area.


A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.
The previous 50 candlestick bars, there are 31 white candles versus 19 black candles with a net of 12 white candles.
A long upper shadow has formed. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 1 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has decreased 0.24%, and has been fluctuating from a high of 118.862 to a low of 116.919.
The MACD is currently not in an Overbought/Oversold range.
There have been no divergence signals during the last 5 periods.
No Stochastic Buy or Sell signals generated today. The last signal was a Sell 116 Period(s) Ago.
The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 3 period(s) ago.

The RSI has just reached its lowest value in the last 14 period(s). This is BEARISH signal.The RSI has set a new 14-period low while the price of US Dollar / Japanese Yen has not. This is a BEARISH DIVERGENCE.
Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a SELL 71 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 6 period(s) ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for US Dollar / Japanese Yen is Very Bullish
US Dollar / Japanese Yen closed below the upper Bollinger Band by 37.6%. Bollinger Bands are 128.45% wider than normal.


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 31 white candles versus 19 black candles with a net of 12 white 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. It then signifies that the momentum may be shifting from the bears to the bulls.
If the engulfing bullish pattern occurs during an uptrend (which is the case with US Dollar / Japanese Yen), 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 2 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 1.16%, and has been fluctuating from a high of 119.216 to a low of 116.873.
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 117 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 4 period(s) ago.

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

The last Directional Movement Indicators (DMI) signal was a SELL 72 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 7 period(s) ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for US Dollar / Japanese Yen is Very Bullish
US Dollar / Japanese Yen closed below the upper Bollinger Band by 31.1%. Bollinger Bands are 120.09% wider than normal.


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.
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.MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 3 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 0.85%, and has been fluctuating from a high of 120.471 to a low of 116.873.
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 118 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 5 period(s) ago.

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

The last Directional Movement Indicators (DMI) signal was a SELL 73 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 8 period(s) ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for US Dollar / Japanese Yen is Very Bullish
US Dollar / Japanese Yen closed below the upper Bollinger Band by 35.0%. Bollinger Bands are 109.41% wider than normal.