Willy Technical Analysis

[Willyw]

Weekly US Dollar / Japanese Yen-USDJPY As of 11/11/16


A big bullish white candle has formed. Prices closed considerably higher than open. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off a support area, a moving average, trend line, or retracement level, the long white candle adds credibility to the support. Likewise, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.

The previous 10 candlestick bars, there are 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 11 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 4.79%, and has been fluctuating from a high of 106.943 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 Buy25 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 17 week(s) ago.

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


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


The last Directional Movement Indicators (DMI) signal was a SELL63 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy2 week(s) Ago.

The close is currently

BELOW its 200 weekly moving average

BELOW its 50 weekly moving average

ABOVE its 20 weekly moving average

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

US Dollar / Japanese Yen closed above the upper Bollinger Band by 4.6%. 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 33.73% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[FreakofNature]

None of what you post has a significant edge.

 

[Willyw]

Euro Dollar / US Dollar-EURUSD As of 14/11/16

*** Intra-Daily Trading Strategy:SELL Euro Dollar / US Dollar

Sell Target: 1.0699

Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.

(NOTE: Adjust Stop Loss Price according to your trading risk.)

Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!


A black body has formed as prices closed lower than open.

The previous 10 candlestick bars, there are 4 white candles versus 6 black candles with a net of 2 black candles.

The previous 50 candlestick bars, there are 23 white candles versus 27 black candles with a net of 4 black candles.

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.The two candles preceding the falling window were black, which makes this pattern even more bearish.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, Euro Dollar / US Dollar's price has decreased0.96%, and has been fluctuating from a high of 1.092 to a low of 1.071.

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 4 Day(s) Ago.

The RSI is below 30. This is where it usually bottoms. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Buy 13 day(s) ago.


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

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

The Directional Movement Indicators (DMI) are showing a SELL signal for Euro Dollar / US Dollar.

The last Directional Movement Indicators (DMI) signal was a SELL0 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell3 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

With strong confirmation from the short-term trend and a current Sell signal. The current market condition for Euro Dollar / US Dollar is Very Bearish

Euro Dollar / US Dollar closed below the lower Bollinger Band by 4.6%. Although prices have broken the lower Bollinger Band and a downside breakout is possible, the most likely scenario is for the current trading range that Euro Dollar / US Dollar is in to continue. Bollinger Bands are 5.53% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Willyw]

British Pound / US Dollar-GBPUSD As of 15/11/16

*** Intra-Daily Trading Strategy:SELL British Pound / US Dollar

Sell Target: 1.2374

Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.

(NOTE: Adjust Stop Loss Price according to your trading risk.)

Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!


A black body has formed as prices closed lower than open.

The previous 10 candlestick bars, there are 6 white candles versus 4 black candles with a net of 2 white candles.

The previous 50 candlestick bars, there are 21 white candles versus 29 black candles with a net of 8 black candles.

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

The MACD crossed above the signal line 15 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 2.22%, and has been fluctuating from a high of 1.267 to a low of 1.208.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergence signals during the last 5 periods.

A Stochastic SELLsignal 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 12 day(s) ago.


Currently the RSI does not show any Failure Swings. The RSI and price of British Pound / US Dollar are not diverging.

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


The last Directional Movement Indicators (DMI) signal was a SELL1 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy20 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 British Pound / US Dollar is Bearish

British Pound / US Dollar closed below the upper Bollinger Band by 30.7%. Bollinger Bands are 26.47% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Willyw]

US Dollar / Japanese Yen-USDJPY As of 16/11/16

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

Sell Target: 108.3277

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 7 white candles versus 3 black candles with a net of 4 white candles.

The previous 50 candlestick bars, there are 29 white candles versus 21 black candles with a net of 8 white candles.

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

The MACD crossed above the signal line 5 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 2.72%, and has been fluctuating from a high of 109.753 to a low of 101.184.

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 12 Day(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 Buy 92 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 SELL5 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy6 day(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 above the upper Bollinger Band by 1.2%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the Bollinger Bands is likely. Bollinger Bands are 22.47% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Willyw]

Weekly US Dollar / Japanese Yen-USDJPY As of 18/11/16


A big bullish white candle has formed. Prices closed considerably higher than open. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off a support area, a moving average, trend line, or retracement level, the long white candle adds credibility to the support. Likewise, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.

The previous 10 candlestick bars, there are 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.

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

The MACD crossed above the signal line 12 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 8.84%, and has been fluctuating from a high of 110.922 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 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 Buy26 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 18 week(s) ago.

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


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

The Directional Movement Indicators are showing a BUYsignal for US Dollar / Japanese Yen.

The last Directional Movement Indicators (DMI) signal was a BUY 0 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy3 week(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 upper Bollinger Band by 26.7%. 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 6.54% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Willyw]

Daily US Dollar / Japanese Yen-USDJPY As of 18/11/16

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

Sell Target: 110.0800

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

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

The MACD crossed above the signal line 7 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 4.62%, and has been fluctuating from a high of 110.922 to a low of 101.184.

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 14 Day(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 Buy 94 day(s) ago.

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


Currently, the Momentum Oscillator is in an overboughtcondition.


The last Directional Movement Indicators (DMI) signal was a SELL7 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy8 day(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 above the upper Bollinger Band by 3.5%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the Bollinger Bands is likely. Bollinger Bands are 61.69% wider than normal.

 

[Willyw]

Euro Dollar / US Dollar-EURUSD As of 21/11/16

*** Intra-Daily Trading Strategy:BUY Euro Dollar / US Dollar

Buy Target: 1.0658

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 1 white candles versus 9 black candles with a net of 8 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 6 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased2.02%, and has been fluctuating from a high of 1.092 to a low of 1.057.

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 9 Day(s) Ago.

The RSI is below 30. This is where it usually bottoms. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Buy 18 day(s) ago.


Currently the RSI does not show any Failure Swings. The RSI and price of Euro Dollar / US Dollar are not diverging.

Currently, the Momentum Oscillator is in an oversoldcondition.


The last Directional Movement Indicators (DMI) signal was a SELL5 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell8 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 Euro Dollar / US Dollar is Very Bearish

Euro Dollar / US Dollar closed above the lower Bollinger Band by 11.4%. Bollinger Bands are 84.80% wider than normal.

 

[Willyw]

British Pound / US Dollar-GBPUSD As of 21/11/16

*** Intra-Daily Trading Strategy:BUY British Pound / US Dollar

Buy Target: 1.2563

Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.

(NOTE: Adjust Stop Loss Price according to your trading risk.)

Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!


A big bullish white candle has formed. Prices closed considerably higher than open. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off a support area, a moving average, trend line, or retracement level, the long white candle adds credibility to the support. Likewise, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.

The previous 10 candlestick bars, there are 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 BULLISH as the MACD is above the signal line.

The MACD crossed above the signal line 19 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 2.60%, and has been fluctuating from a high of 1.267 to a low of 1.208.

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 16 day(s) ago.


Currently the RSI does not show any Failure Swings. The RSI and price of British Pound / US Dollar are not diverging.

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


The last Directional Movement Indicators (DMI) signal was a SELL5 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell1 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 British Pound / US Dollar is Bearish

British Pound / US Dollar closed below the upper Bollinger Band by 27.7%. Bollinger Bands are 28.84% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Willyw]

US Dollar / Japanese Yen-USDJPY As of 23/11/16

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

Buy Target: 113.4347

Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.

(NOTE: Adjust Stop Loss Price according to your trading risk.)

Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!


A big bullish white candle has formed. Prices closed considerably higher than open. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off a support area, a moving average, trend line, or retracement level, the long white candle adds credibility to the support. Likewise, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.

The previous 10 candlestick bars, there are 7 white candles versus 3 black candles with a net of 4 white candles.

The previous 50 candlestick bars, there are 29 white candles versus 21 black candles with a net of 8 white 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 6.35%, and has been fluctuating from a high of 112.970 to a low of 101.184.

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 16 Day(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 Buy 96 day(s) ago.

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


Currently, the Momentum Oscillator is in an overboughtcondition.


The last Directional Movement Indicators (DMI) signal was a SELL9 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy10 day(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 above the upper Bollinger Band by 3.5%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the Bollinger Bands is likely. Bollinger Bands are 97.31% wider than normal.