Daily Technical analysis

[Martin Kay]

Daily US Dollar / Japanese Yen-USDJPY As of 29/07/16

*** Intra-Daily Trading Strategy: SELL US Dollar / Japanese Yen

Sell Target: 100.8193

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 21 white candles versus 29 black candles with a net of 8 black candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 0 day(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 105.518 to a low of 101.969.

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 4 Day(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 day(s) ago.


The RSI has just reached its lowest value in the last 14 day(s). This is BEARISH signal.

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 11 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 1 day(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 US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 24.9%. Bollinger Bands are 53.49% wider than normal.

 

[Martin Kay]

US Dollar / Japanese Yen-USDJPY As of 03/08/16

*** Intra-Daily Trading Strategy: BUY US Dollar / Japanese Yen

Buy Target: 101.6920

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 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.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 3 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 0.65%, and has been fluctuating from a high of 105.518 to a low of 100.678.

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 7 Day(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 17 day(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 BUY 14 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 4 day(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 US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 16.6%. Bollinger Bands are 50.78% wider than normal.

 

[Martin Kay]

Weekly US Dollar / Japanese Yen-USDJPY As of 05/08/16

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 24 white candles versus 26 black candles with a net of 2 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 BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 34 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 15.86%, and has been fluctuating from a high of 123.538 to a low of 99.075.

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 11 Week(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 3 week(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 49 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 7 week(s) ago.

The close is currently

BELOW its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 16.2%. Bollinger Bands are 41.36% wider than normal.

 

[Martin Kay]

US Dollar / Japanese Yen-USDJPY As of 10/08/16

*** Intra-Daily Trading Strategy: SELL US Dollar / Japanese Yen

Sell Target: 100.8527

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 21 white candles versus 29 black candles with a net of 8 black candles.

A falling window has formed where the bottom of the previous shadow is above the top of the current shadow. This usually implies a continuation of a bearish trend.MACD is BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 8 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 0.80%, and has been fluctuating from a high of 105.518 to a low of 100.678.

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 12 Day(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 22 day(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 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 19 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 9 day(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 US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 17.8%. Bollinger Bands are 48.95% wider than normal.

 

[Martin Kay]

Weekly US Dollar / Japanese Yen-USDJPY As of 12/08/16

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 24 white candles versus 26 black candles with a net of 2 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 35 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 16.29%, and has been fluctuating from a high of 123.538 to a low of 99.075.

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 12 Week(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 4 week(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 50 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 8 week(s) ago.

The close is currently

BELOW its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 15.3%. Bollinger Bands are 35.31% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

US Dollar / Japanese Yen-USDJPY As of 17/08/16

*** Intra-Daily Trading Strategy: BUY US Dollar / Japanese Yen

Buy Target: 100.7677

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 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 BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 13 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 2.15%, and has been fluctuating from a high of 105.518 to a low of 99.543.

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 17 Day(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 27 day(s) ago.


The RSI has just reached its lowest value in the last 14 day(s). This is BEARISH signal.

Currently, the Momentum Oscillator is in an 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 24 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 14 day(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 US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 14.2%. Bollinger Bands are 37.40% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

Weekly US Dollar / Japanese Yen-USDJPY As of 19/08/16


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 24 white candles versus 26 black candles with a net of 2 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 36 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 17.19%, and has been fluctuating from a high of 123.538 to a low of 99.075.

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 13 Week(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 week(s) ago.


Currently the RSI does not show any Failure Swings. The price of US Dollar / Japanese Yen has set a new 14-period low while the RSI has not. This is a BULLISH DIVERGENCE.

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


The last Directional Movement Indicators (DMI) signal was a SELL 51 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 9 week(s) ago.

The close is currently

BELOW its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 11.4%. Bollinger Bands are 33.79% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

US Dollar / Japanese Yen-USDJPY As of 24/08/16

*** Intra-Daily Trading Strategy: BUY US Dollar / Japanese Yen

Buy Target: 100.7480

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 24 white candles versus 26 black candles with a net of 2 black candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 18 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 1.43%, and has been fluctuating from a high of 105.518 to a low of 99.543.

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 Day(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 32 day(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 BUY 29 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 19 day(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 US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 33.5%. Bollinger Bands are 21.81% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

Weekly US Dollar / Japanese Yen-USDJPY As of 26/08/16


A white body has formed as prices closed higher 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 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 0 week(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 101.938 to a low of 99.941.

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 14 Week(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 6 week(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 52 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 10 week(s) ago.

The close is currently

BELOW its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 25.6%. Bollinger Bands are 34.56% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

US Dollar / Japanese Yen-USDJPY As of 31/08/16

*** Intra-Daily Trading Strategy: SELL US Dollar / Japanese Yen

Sell Target: 102.9577

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 26 white candles versus 24 black candles with a net of 2 white candles.

MACD is BULLISH as the MACD is above the signal line.

The MACD crossed above the signal line 4 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 2.77%, and has been fluctuating from a high of 103.529 to a low of 100.092.

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 27 Day(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 37 day(s) ago.

The RSI has just reached its highest value in the last 14 day(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 34 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy 3 day(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 US Dollar / Japanese Yen is Mildly Bearish

US Dollar / Japanese Yen closed above the upper Bollinger Band by 5.4%. Although prices have broken the upper Bollinger Band and an upside breakout is possible, the most likely scenario is for the current trading range that US Dollar / Japanese Yen is in to continue. Bollinger Bands are 31.86% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

Weekly US Dollar / Japanese Yen-USDJPY As of 02/09/16


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 25 white candles versus 25 black candles.

MACD is BULLISH as the MACD is above the signal line.

The MACD crossed above the signal line 1 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 2.07%, and has been fluctuating from a high of 104.315 to a low of 99.941.

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 15 Week(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 7 week(s) ago.

The RSI has just reached its highest value in the last 14 week(s). This is BULLISH signal.

The RSI has set a new 14-period high while the price of US Dollar / Japanese Yen has not. This is a BULLISH DIVERGENCE.

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


The last Directional Movement Indicators (DMI) signal was a SELL 53 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 11 week(s) ago.

The close is currently

BELOW its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 42.3%. Bollinger Bands are 30.46% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

US Dollar / Japanese Yen-USDJPY As of 07/09/16

*** Intra-Daily Trading Strategy: BUY US Dollar / Japanese Yen

Buy Target: 102.0603

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 25 white candles versus 25 black candles.

MACD is BULLISH as the MACD is above the signal line.

The MACD crossed above the signal line 9 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.27%, and has been fluctuating from a high of 104.315 to a low of 100.092.

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 Day(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 42 day(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 BUY 39 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 1 day(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 US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed below the upper Bollinger Band by 43.3%. Bollinger Bands are 11.04% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

Weekly US Dollar / Japanese Yen-USDJPY As of 09/09/16

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 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 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 0.89%, and has been fluctuating from a high of 104.315 to a low of 99.941.

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 16 Week(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 week(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 54 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 12 week(s) ago.

The close is currently

BELOW its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 35.2%. Bollinger Bands are 16.26% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

US Dollar / Japanese Yen-USDJPY As of 14/09/16

*** Intra-Daily Trading Strategy: BUY US Dollar / Japanese Yen

Buy Target: 103.1827

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 6 white candles versus 4 black candles with a net of 2 white candles.

The previous 50 candlestick bars, there are 26 white candles versus 24 black candles with a net of 2 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.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 BULLISH as the MACD is above the signal line.

The MACD crossed above the signal line 14 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.98%, and has been fluctuating from a high of 104.315 to a low of 100.092.

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 6 Day(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 47 day(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 BUY 44 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 6 day(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 US Dollar / Japanese Yen is Bearish

US Dollar / Japanese Yen closed below the upper Bollinger Band by 35.8%. Bollinger Bands are 17.59% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

Weekly US Dollar / Japanese Yen-USDJPY As of 16/09/16

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 24 white candles versus 26 black candles with a net of 2 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 3 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 0.46%, and has been fluctuating from a high of 104.315 to a low of 99.941.

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 17 Week(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 week(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 55 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 13 week(s) ago.

The close is currently

BELOW its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 33.4%. Bollinger Bands are 15.91% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

US Dollar / Japanese Yen-USDJPY As of 21/09/16

*** Intra-Daily Trading Strategy: SELL US Dollar / Japanese Yen

Sell Target: 99.4437

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 4 white candles versus 6 black candles with a net of 2 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 1 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 1.17%, and has been fluctuating from a high of 102.781 to a low of 100.245.

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 11 Day(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 52 day(s) ago.


The RSI has just reached its lowest value in the last 14 day(s). This is BEARISH signal.

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 49 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 11 day(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 US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed below the lower Bollinger Band by 2.4%. Bollinger Bands are 37.89% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

Weekly US Dollar / Japanese Yen-USDJPY As of 23/09/16

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 23 white candles versus 27 black candles with a net of 4 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 4 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 0.79%, and has been fluctuating from a high of 104.315 to a low of 99.941.

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 18 Week(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 week(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 56 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 14 week(s) ago.

The close is currently

BELOW its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 25.4%. Bollinger Bands are 15.81% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

US Dollar / Japanese Yen-USDJPY As of 28/09/16

*** Intra-Daily Trading Strategy: BUY US Dollar / Japanese Yen

Buy Target: 101.1360

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 25 white candles versus 25 black candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 6 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 0.56%, and has been fluctuating from a high of 102.781 to a low of 100.100.

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 16 Day(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 57 day(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 BUY 54 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 16 day(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 US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 27.0%. Bollinger Bands are 30.75% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

Weekly US Dollar / Japanese Yen-USDJPY As of 30/09/16


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 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 5 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 0.46%, and has been fluctuating from a high of 104.315 to a low of 99.941.

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 19 Week(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 11 week(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 57 week(s) ago.

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

The close is currently

BELOW its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 30.3%. Bollinger Bands are 9.96% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Martin Kay]

US Dollar / Japanese Yen-USDJPY As of 05/10/16

*** Intra-Daily Trading Strategy: SELL US Dollar / Japanese Yen

Sell Target: 102.8090

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 8 white candles versus 2 black candles with a net of 6 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 2 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.50%, and has been fluctuating from a high of 103.665 to a low of 101.270.

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 21 Day(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 62 day(s) ago.

The RSI has just reached its highest value in the last 14 day(s). This is BULLISH signal.


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 59 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy 2 day(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 US Dollar / Japanese Yen is Mildly Bearish

US Dollar / Japanese Yen closed below the upper Bollinger Band by 0.7%. Bollinger Bands are 41.57% 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 day(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.