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

[martinkay]

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.
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 1.06%, 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 119 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.

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 74 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
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 35.5%. Bollinger Bands are 98.34% wider than normal.

[fxstrategist]

more oscillations around the 119.00 level for the USDJPY. On the Daily chart we have a symmetrical triangle.

[martinkay]

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 32 white candles versus 18 black candles with a net of 14 white candles.
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, US Dollar / Japanese Yen’s price has increased 1.53%, 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 120 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 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 75 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
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 34.0%. Bollinger Bands are 74.89% wider than normal.

[martinkay]

*** Intra-Daily Trading Strategy: SELL US Dollar / Japanese Yen
Sell Target: 119.4620
Sell Stop: 119.9940
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 27 white candles versus 23 black candles with a net of 4 white candles.
A doji star has formed where a doji gaps above or below the previous candle. This often signals a reversal with confirmation occurring on the next bar.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 0.44%, and has been fluctuating from a high of 120.471 to a low of 117.161.
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 33 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 US Dollar / Japanese Yen 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 SELL 41 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 18 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 27.2%. Bollinger Bands are 42.90% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen’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.

Overall, the bias in prices is: Upwards.

Short term: Prices are stalling.

Intermediate term: Prices are ranging.

[martinkay]

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 32 white candles versus 18 black candles with a net of 14 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 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, US Dollar / Japanese Yen’s price has increased 2.58%, and has been fluctuating from a high of 121.277 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 121 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 8 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 76 period(s) ago.
A SAR Buy signal generated today. If you are short, 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
With strong confirmation from the short term-trend and a current Buy signal. The current market condition for US Dollar / Japanese Yen is Very Bullish
US Dollar / Japanese Yen closed below the upper Bollinger Band by 25.7%. Bollinger Bands are 39.90% 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]

VIT Weekly Analysis

Review of US Dollar / Japanese Yen (USDJPY)
as of 13/03/15

Volatility Analysis
On 13/03/15, US Dollar / Japanese Yen closed up 0.5310 at 121.3170

Period Statistical Change
10-period 15.6000 0.17
21-period 24.5790 -0.57
39-period 22.0914 -0.16
90-period 21.4147 -1.26

Bollinger Bands are 7.11% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 82.5217. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a sell 12 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 71.53.This is where it usually tops which often occurs before the underlying asset. The last signal was a sell 9 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 172.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a sell 12 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 8 period(s) ago.

Trend Analysis

Aroon
An Aroon Buy signal was generated today.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 79 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 67 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 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.

With strong confirmation from the short term trend and a current Buy signal.
Analysis of activity through 13/03/15
close: 121.3170
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 115.8480. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 115.8480. Be prepared for a potential short term price fall back to the 116.7404 area.

[martinkay]

VIT Daily Analysis

Review of US Dollar / Japanese Yen (USDJPY)
as of 18/03/15

Volatility Analysis
On 18/03/15, US Dollar / Japanese Yen closed down -1.2600 at 120.0230

Period Statistical Change
10-period 9.7254 2.77
21-period 7.9252 1.10
39-period 10.0045 0.31
90-period 12.0788 0.19

Bollinger Bands are 22.74% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 42.9116. This is not an overbought or oversold reading. The last signal was a sell 6 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 49.92.This is not a topping or bottoming area. The last signal was a sell 71 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -39. This is not a topping or bottoming area.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 0 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 56 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 73 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 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 18/03/15
close: 120.0230
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 119.3160. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 119.3160.
Be prepared for a potential short term price pull back to the 120.2471 area.

[martinkay]

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.
A engulfing bearish line has formed where a black candle’s real body completely contains the previous white candle’s real body. The engulfing bearish pattern is bearish during an uptrend (which is the case with US Dollar / Japanese Yen). It signifies that the momentum may be shifting from the bulls to the bears.
If the engulfing bearish pattern occurs during a downtrend, it may be a last engulfing bottom which indicates a bullish reversal. The test to see if this is the case is if the next candle closes above the bottom the current (black) candle’s real body.MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 8 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 1.85%, and has been fluctuating from a high of 122.015 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.
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 123 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 78 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
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 33.9%. Bollinger Bands are 24.11% 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]

A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 2 white candles versus 8 black candles with a net of 6 black candles.
The previous 50 candlestick bars, there are 25 white candles versus 25 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 7 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has decreased 0.77%, and has been fluctuating from a high of 121.404 to a low of 118.327.
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 50 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 78 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 SELL 7 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 daily moving average
BELOW its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for US Dollar / Japanese Yen is Mildly Bullish
US Dollar / Japanese Yen closed above the lower Bollinger Band by 10.0%. Bollinger Bands are 25.47% 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]

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.
MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 10 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 1.60%, and has been fluctuating from a high of 122.015 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 125 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 80 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
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 42.0%. Bollinger Bands are 46.89% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen’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: SELL Gold / US Dollar
Sell Target: 1,195.1532
Sell Stop: 1,217.8167
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 3 white candles versus 7 black candles with a net of 4 black candles.
The previous 50 candlestick bars, there are 21 white candles versus 29 black candles with a net of 8 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 14 period(s) ago. Since the MACD crossed the MACD moving average, Gold / US Dollar’s price has increased 2.50%, and has been fluctuating from a high of 1,223.950 to a low of 1,159.850.
The MACD is currently not in an Overbought/Oversold range.
There have been no divergence signals during the last 5 periods.
A Stochastic SELL signal was generated today.
The Stochastic indicator is currently generating a SELL signal against the direction of the major trend.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 15 period(s) ago.

Currently the RSI does not show any Failure Swings. The RSI and price of Gold / 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 9 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
BELOW its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for Gold / US Dollar is Bearish
Gold / US Dollar closed below the upper Bollinger Band by 30.8%. Bollinger Bands are 0.88% 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]

VIT Weekly Analysis

Review of US Dollar / Japanese Yen (USDJPY)
as of 10/04/15

Volatility Analysis
On 10/04/15, US Dollar / Japanese Yen closed up 0.5620 at 120.1990

Period Statistical Change
10-period 13.7549 -0.14
21-period 19.7329 -0.67
39-period 22.2942 -0.29
90-period 20.6807 -0.13

Bollinger Bands are 50.45% narrower than normal. US Dollar / Japanese Yen 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 35.7465. 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 63.95.This is not a topping or bottoming area. The last signal was a sell 3 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 60. This is not a topping or bottoming area.The last signal was a sell 3 period(s) ago.

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

Trend Analysis

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

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 83 period(s) ago.

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

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 5 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 10/04/15
close: 120.1990
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 118.2310. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 116.8730. Be prepared for a potential short term price fall back to the 117.3137 area.

[martinkay]

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.
MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 12 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 0.97%, and has been fluctuating from a high of 122.015 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 127 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.

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 82 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 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 above the lower Bollinger Band by 38.8%. Bollinger Bands are 48.64% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen’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 2 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.

[martinkay]

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 32 white candles versus 18 black candles with a net of 14 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 13 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 1.02%, and has been fluctuating from a high of 122.015 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 128 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 83 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
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 above the lower Bollinger Band by 42.1%. Bollinger Bands are 53.41% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen’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 3 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.

[martinkay]

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 33 white candles versus 17 black candles with a net of 16 white candles.
MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 14 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 1.42%, and has been fluctuating from a high of 122.015 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 129 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.

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 84 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
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 47.0%. Bollinger Bands are 53.71% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen’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 4 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: SELL US Dollar / Japanese Yen
Sell Target: 119.0520
Sell Stop: 120.3770
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 24 white candles versus 26 black candles with a net of 2 black candles.
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, US Dollar / Japanese Yen’s price has decreased 0.62%, and has been fluctuating from a high of 120.500 to a low of 119.212.
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 4 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 Sell106 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 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 35 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
ABOVE its 200 daily moving average
BELOW its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for US Dollar / Japanese Yen is Mildly Bullish
US Dollar / Japanese Yen closed above the lower Bollinger Band by 44.1%. Bollinger Bands are 56.45% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen’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 18 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.

[martinkay]

USD/JPY WEEKLY as of Monday, 11 May, 2015
VIT Weekly Analysis

Review of US Dollar / Japanese Yen (USDJPY)
as of 08/05/15

Volatility Analysis
On 08/05/15, US Dollar / Japanese Yen closed up 0.3600 at 119.7860

Period Statistical Change
10-period 13.2821 -0.21
21-period 14.0060 -2.84
39-period 22.5550 -0.19
90-period 19.1346 -0.13

Bollinger Bands are 54.31% narrower than normal. US Dollar / Japanese Yen 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 39.5505. This is not an overbought or oversold reading. The last signal was a sell 7 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 60.87.This is not a topping or bottoming area. The last signal was a sell 7 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 23. This is not a topping or bottoming area.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 sell 16 period(s) ago.

Trend Analysis

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

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 87 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 75 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 9 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 14/02/14
close: 101.7720
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 100.7540. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 100.7540.
Be prepared for a potential short term price pull back to the 102.4889 area.

[martinkay]

VIT Weekly Analysis

Review of US Dollar / Japanese Yen (USDJPY)
as of 08/05/15

Volatility Analysis
On 08/05/15, US Dollar / Japanese Yen closed up 0.3600 at 119.7860

Period Statistical Change
10-period 13.2821 -0.21
21-period 14.0060 -2.84
39-period 22.5550 -0.19
90-period 19.1346 -0.13

Bollinger Bands are 54.31% narrower than normal. US Dollar / Japanese Yen 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 39.5505. This is not an overbought or oversold reading. The last signal was a sell 7 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 60.87.This is not a topping or bottoming area. The last signal was a sell 7 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 23. This is not a topping or bottoming area.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 sell 16 period(s) ago.

Trend Analysis

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

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 87 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 75 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 9 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 14/02/14
close: 101.7720
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 100.7540. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 100.7540.
Be prepared for a potential short term price pull back to the 102.4889 area.

[martinkay]

*** Intra-Daily Trading Strategy: SELL US Dollar / Japanese Yen
Sell Target: 118.8437
Sell Stop: 120.3013
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 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 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 7 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has decreased 0.77%, and has been fluctuating from a high of 120.500 to a low of 119.029.
  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 9 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 Sell111 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 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 40 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
BELOW its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for US Dollar / Japanese Yen is Mildly Bullish
US Dollar / Japanese Yen closed above the lower Bollinger Band by 34.2%. Bollinger Bands are 63.11% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen’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 23 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.

[martinkay]

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 32 white candles versus 18 black candles with a net of 14 white candles.
MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 16 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen’s price has increased 1.32%, and has been fluctuating from a high of 122.015 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 131 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 8 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 86 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
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 49.0%. Bollinger Bands are 54.72% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen’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 6 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.