Willy Technical Analysis

[Willyw]

US Dollar / Japanese Yen-USDJPY As of 19/04/17

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

Buy Target: 109.1927

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 20 white candles versus 29 black candles with a net of 9 black candles.

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

The MACD crossed below the signal line 23 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased3.40%, and has been fluctuating from a high of 113.490 to a low of 108.131.

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 Buy14 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 2 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 SELL69 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 US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 15.4%. Bollinger Bands are 26.41% 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]

Weekly US Dollar / Japanese Yen-USDJPY As of 21/04/17


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 28 white candles versus 22 black candles with a net of 6 white candles.

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

The MACD crossed below the signal line 9 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased3.29%, and has been fluctuating from a high of 115.503 to a low of 108.131.

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 Buy48 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 Sell 16 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 SELL4 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell12 week(s) ago.

The close is currently

ABOVE 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 Mildly Bullish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 6.1%. Bollinger Bands are 0.89% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Willyw]

Euro Dollar / US Dollar-EURUSD As of 24/04/17

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

Buy Target: 1.0925

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 5 white candles versus 5 black candles.

The previous 50 candlestick bars, there are 20 white candles versus 29 black candles with a net of 9 black candles.

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

The MACD crossed above the signal line 3 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 1.43%, and has been fluctuating from a high of 1.093 to a low of 1.068.

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 18 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 Buy105 day(s) ago.

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


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

The DMI SELL reference point was crossed. If you are still selling, this might be a good place to stop out and prevent losses.

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 SELL113 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy7 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 Euro Dollar / US Dollar is Very Bullish

Euro Dollar / US Dollar closed above the upper Bollinger Band by 16.1%. 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 Euro Dollar / US Dollar is in to continue. Bollinger Bands are 16.06% 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]

British Pound / US Dollar-GBPUSD As of 25/04/17

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

Buy Target: 1.2863

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

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

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


A white body has formed as prices closed higher than open.

The previous 10 candlestick bars, there are 7 white candles versus 2 black candles with a net of 5 white candles.

The previous 50 candlestick bars, there are 26 white candles versus 22 black candles with a net of 4 white candles.

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

The MACD crossed above the signal line 9 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 2.29%, and has been fluctuating from a high of 1.289 to a low of 1.250.

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 19 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 Sell 4 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 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 102 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 British Pound / US Dollar is Very Bullish

British Pound / US Dollar closed below the upper Bollinger Band by 9.1%. Bollinger Bands are 13.18% 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]

US Dollar / Japanese Yen-USDJPY As of 26/04/17

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

Sell Target: 110.8963

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

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

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


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

The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.

The previous 50 candlestick bars, there are 20 white candles versus 29 black candles with a net of 9 black candles.

A rising window has formed where the top of the previous shadow is below the bottom of the current shadow. This usually implies a continuation of a bullish trend.A spinning top has formed which is a candle with a small real body. Spinning tops identify a session in which there is little price action as defined by the difference between the open and the close. During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.MACD is BULLISH as the MACD is above the signal line.

The MACD crossed above the signal line 2 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.26%, and has been fluctuating from a high of 111.093 to a low of 109.593.

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 Buy19 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 7 day(s) ago.

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


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 SELL74 day(s) ago.

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

The close is currently

ABOVE 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 Bullish

US Dollar / Japanese Yen closed below the upper Bollinger Band by 23.9%. Bollinger Bands are 27.25% 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]

Weekly US Dollar / Japanese Yen-USDJPY As of 28/04/17

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 28 white candles versus 22 black candles with a net of 6 white candles.

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

The MACD crossed below the signal line 10 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased1.17%, and has been fluctuating from a high of 115.503 to a low of 108.131.

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 Buy49 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 Sell 17 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 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 SELL5 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell13 week(s) ago.

The close is currently

ABOVE its 200 weekly moving average

ABOVE its 50 weekly moving average

BELOW its 20 weekly moving average

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

US Dollar / Japanese Yen closed above the lower Bollinger Band by 31.2%. Bollinger Bands are 0.45% 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]

Euro Dollar / US Dollar-EURUSD As of 01/05/17

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

Buy Target: 1.0927

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!!!!!



The previous 10 candlestick bars, there are 6 white candles versus 3 black candles with a net of 3 white candles.

The previous 50 candlestick bars, there are 22 white candles versus 26 black candles with a net of 4 black 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 8 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 1.82%, and has been fluctuating from a high of 1.095 to a low of 1.068.

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 23 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 Buy110 day(s) ago.


Currently the RSI does not show any Failure Swings. The price of Euro Dollar / US Dollar has set a new 14-period high while the RSI has not. This is a BEARISH DIVERGENCE.

Currently, the Momentum Oscillator is in an overboughtcondition.


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 SELL118 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy12 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 Euro Dollar / US Dollar is Very Bullish

Euro Dollar / US Dollar closed below the upper Bollinger Band by 10.9%. Bollinger Bands are 38.46% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Willyw]

British Pound / US Dollar-GBPUSD As of 02/05/17

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

Buy Target: 1.2964

Buy Stop: 1.2838

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

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

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


A white body has formed as prices closed higher than open.

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

The previous 50 candlestick bars, there are 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 14 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 3.10%, and has been fluctuating from a high of 1.296 to a low of 1.250.

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 24 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 Sell 1 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 BUY 107 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy13 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 British Pound / US Dollar is Very Bullish

British Pound / US Dollar closed below the upper Bollinger Band by 17.2%. Bollinger Bands are 42.74% wider than normal.

 

[Willyw]

US Dollar / Japanese Yen-USDJPY As of 03/05/17

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

Buy Target: 113.0727

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

The previous 50 candlestick bars, there are 25 white candles versus 24 black candles with a net of 1 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 7 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 2.86%, and has been fluctuating from a high of 112.827 to a low of 109.593.

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 Buy24 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 12 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 SELL79 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy7 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 1.4%. 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 7.00% 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]

Weekly US Dollar / Japanese Yen-USDJPY As of 05/05/17


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 28 white candles versus 22 black candles with a net of 6 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 11 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased0.11%, and has been fluctuating from a high of 115.503 to a low of 108.131.

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

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

A Stochastic BUY signal was generated today. The Stochastic indicator is currently generating a BUY 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 Sell 18 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 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 SELL6 week(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

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

US Dollar / Japanese Yen closed above the lower Bollinger Band by 44.8%. Bollinger Bands are 8.35% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.