Forex technical analysis

GBP/USD WEEKLY as of Monday, 12 May, 2014

VIT Weekly Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 09/05/14

Volatility Analysis

On 09/05/14, British Pound / US Dollar closed down -0.0021 at 1.6852

Statistical Change from
Volatility Previous period
10-period 10.7880 -0.62
21-period 13.0521 -0.08
39-period 13.8884 -0.43
90-period 17.5286 0.00

Bollinger Bands are 37.25% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 80.5699. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a sell 9 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 64.43.This is not a topping or bottoming area. The last signal was a buy 60 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 146.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a sell 8 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 7 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Sell 44 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 44 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 12 period(s) ago.

Summary
The current market condition for British Pound / US Dollar is: Very Bullish
The close is currently above its 200 period moving average.
The close is currently above its 90 period moving average.
The close is currently above its 30 period moving average.

Analysis of activity through 09/05/14

The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.
If already holding long positions, would look to partial profits on any retracement to 1.6474. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.6474. Be prepared for a potential short term price fall back to the 1.6411 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.6252

If Short -- exit all contracts at ... 1.6996

EUR/USD WEEKLY as of Monday, 19 May, 2014

VIT Weekly Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 16/05/14

Volatility Analysis

On 16/05/14, Euro Dollar / US Dollar closed down -0.0068 at 1.3692

Volatility Statistical Change

10-period 11.6389 -0.33
21-period 14.3372 -0.01
39-period 16.0595 0.08
90-period 19.1193 -0.17

Bollinger Bands are 41.12% narrower than normal. Euro Dollar / US Dollar is currently experiencing very low volatility as compared to its normal range. The probability of volatility increasing with a sharp price move is likely in the near future.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 35.1662. This is not an overbought or oversold reading. The last signal was a sell 8 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 49.94.This is not a topping or bottoming area. The last signal was a sell 158 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -104.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a sell 8 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 6 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Sell 44 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Sell 196 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 45 period(s) Ago.

Stop and Reverse (SAR)
An SAR Sell signal was generated today. If you are long, this might be a good place to exit.

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

Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 16/05/14

The current trend is up and all orders on the long side may be considered.
If already holding long positions, we would look to partial profits on any retracement to 1.3648. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.3648. Be prepared for a potential short term price fall back to the 1.3587 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3477

If Short -- exit all contracts at ... 1.3993

AUD/USD DAILY as of Tuesday, 20 May, 2014

VIT Daily Analysis

Review of Australian Dollar / US Dollar (AUDUSD)

as of 20/05/14

Volatility Analysis

On 20/05/14, Australian Dollar / US Dollar closed down -0.0022 at 0.9304

Period Statistics Change
10-period 4.1804 -1.70
21-period 6.0642 0.05
39-period 7.5298 -0.17
90-period 9.9134 -0.19

Bollinger Bands are 46.60% narrower than normal. Australian Dollar / US Dollar is currently experiencing very low volatility as compared to its normal range. The probability of volatility increasing with a sharp price move is likely in the near future.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 13.6528. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a sell 7 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 48.56.This is not a topping or bottoming area. The last signal was a sell 27 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -42. This is not a topping or bottoming area.The last signal was a sell 3 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 1 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Sell 56 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Sell 89 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 5 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 10 period(s) ago.

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

Australian Dollar / US Dollar(AUDUSD) Analysis of activity through 20/05/14

The current trend is up and all orders on the long side may be considered. If already holding long positions, we would look to partial profits on any retracement to 0.9301. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 0.9252.
Be prepared for a potential short term price pull back to the 0.9322 area.
Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 0.9203

If Short -- exit all contracts at ... 0.9409

GBP/USD WEEKLY as of Monday, 26 May, 2014

VIT Weekly Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 23/05/14

Volatility Analysis

On 23/05/14, British Pound / US Dollar closed up 0.0017 at 1.6830

Statistical Change from
Volatility Previous period
10-period 10.4106 -0.46
21-period 12.6916 -0.46
39-period 13.7311 -0.11
90-period 17.4835 -0.01

Bollinger Bands are 37.09% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 52.0428. This is not an overbought or oversold reading. The last signal was a sell 1 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 62.97.This is not a topping or bottoming area. The last signal was a buy 62 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 93. This is not a topping or bottoming area.The last signal was a sell 1 period(s) ago.

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

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Sell 46 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 46 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 14 period(s) ago.

Summary
The current market condition for British Pound / US Dollar is: Very Bullish
The close is currently above its 200 period moving average.
The close is currently above its 90 period moving average.
The close is currently above its 30 period moving average.

British Pound / US Dollar(GBPUSD) Analysis of activity through 23/05/14

The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.
If already holding long positions, we would look to partial profits on any retracement to 1.6474. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.6474. Be prepared for a potential short term price fall back to the 1.6477 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.6382

If Short -- exit all contracts at ... 1.6996

EUR/USD DAILY as of Tuesday, 27 May, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 27/05/14

Volatility Analysis

On 27/05/14, Euro Dollar / US Dollar closed up 0.0007 at 1.3660

Period Statistics Change
10-period 2.4162 -0.49
21-period 4.6106 -0.05
39-period 4.5494 -0.02
90-period 5.9569 -0.00

Bollinger Bands are 50.55% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 29.9102. This is not an overbought or oversold reading. The last signal was a buy 7 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 35.91.This is not a topping or bottoming area. The last signal was a sell 150 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -79. This is not a topping or bottoming area.The last signal was a buy 1 period(s) ago.

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

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 15 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 184 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 23 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 12 period(s) ago.

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

Euro Dollar / US Dollar(EURUSD) Analysis of activity through 27/05/14

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.
If already holding short positions, we would look to take partial profits at any retracement to 1.3734. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3774. Be prepared for a potential short term price pull back to the 1.3714 area.
Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3615

If Short -- exit all contracts at ... 1.3993

EUR/JPY WEEKLY as of Monday, 02 June, 2014

VIT Weekly Analysis

Review of Euro Dollar / Japanese Yen (EURJPY)

as of 30/05/14

Volatility Analysis

On 30/05/14, Euro Dollar / Japanese Yen closed down -0.2130 at 138.7330

Period Statistics Change
10-period 8.6609 -0.08
21-period 16.7379 -0.83
39-period 19.1687 -0.86
90-period 28.4158 -0.10

Bollinger Bands are 64.54% narrower than normal. Euro Dollar / Japanese Yen is currently experiencing very low volatility as compared to its normal range. The probability of volatility increasing with a sharp price move is likely in the near future.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 14.5587. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a sell 11 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 47.71.This is not a topping or bottoming area. The last signal was a sell 21 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -165.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a sell 20 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 18 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 6 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 47 period(s) ago.

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

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 12 period(s) ago.

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

Euro Dollar / Japanese Yen(EURJPY) Analysis of activity through 30/05/14

The current trend is up and all orders on the long side may be considered. If already holding long positions, we would look to partial profits on any retracement to 137.9690. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 137.9690.
Be prepared for a potential short term price pull back to the 139.0967 area.
Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 137.9690

If Short -- exit all contracts at ... 143.7830

EUR/USD DAILY as of Tuesday, 03 June, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 03/06/14

Volatility Analysis

On 03/06/14, Euro Dollar / US Dollar closed up 0.0004 at 1.3600

Period Statistics Change
10-period 3.1911 0.07
21-period 4.3624 0.01
39-period 4.1140 -0.24
90-period 5.6340 -0.01

Bollinger Bands are 25.28% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 29.5610. This is not an overbought or oversold reading. The last signal was a buy 2 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 33.61.This is not a topping or bottoming area. The last signal was a buy 3 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -98. This is not a topping or bottoming area.The last signal was a buy 2 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 17 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 20 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 189 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 28 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 17 period(s) ago.

Summary
The current market condition for Euro Dollar / US Dollar is: Very Bearish
The close is currently below its 200 period moving average.
The close is currently below its 90 period moving average.
The close is currently below its 30 period moving average.

Euro Dollar / US Dollar(EURUSD) Analysis of activity through 03/06/14

As at 1.3600

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.
If already holding short positions, we would look to take partial profits at any retracement to 1.3684. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3734. Be prepared for a potential short term price pull back to the 1.3667 area.
Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3586

If Short -- exit all contracts at ... 1.3734

EUR/JPY WEEKLY as of Monday, 09 June, 2014

VIT Weekly Analysis

Review of Euro Dollar / Japanese Yen (EURJPY)

as of 06/06/14

Volatility Analysis

On 06/06/14, Euro Dollar / Japanese Yen closed up 1.0630 at 139.7960

Period Statistical Change

10-period 9.9526 1.29
21-period 17.1250 0.39
39-period 19.1994 0.03
90-period 28.0790 -0.34

Bollinger Bands are 64.51% narrower than normal. Euro Dollar / Japanese Yen is currently experiencing very low volatility as compared to its normal range. The probability of volatility increasing with a sharp price move is likely in the near future.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 25.7477. This is not an overbought or oversold reading. The last signal was a buy 0 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 51.91.This is not a topping or bottoming area. The last signal was a sell 22 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -92. This is not a topping or bottoming area.The last signal was a buy 0 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 19 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 7 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 48 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 27 period(s) ago.

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

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

Euro Dollar / Japanese Yen(EURJPY)

Analysis of activity through 06/06/14

close: 139.7960

The current trend is up and all orders on the long side may be considered. If already holding long positions, we would look to partial profits on any retracement to 137.9690. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 137.9690. Be prepared for a potential short term price fall back to the 139.1405 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 137.9690

If Short -- exit all contracts at ... 143.7830

EUR/USD DAILY as of Tuesday, 10 June, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 10/06/14

Volatility Analysis

On 10/06/14, Euro Dollar / US Dollar closed down -0.0001 at 1.3589

Period Statistical Change
10-period 4.6549 -0.03
21-period 3.8184 0.01
39-period 4.2631 -0.02
90-period 5.4532 -0.00

Bollinger Bands are 32.14% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 59.9616. This is not an overbought or oversold reading. The last signal was a buy 7 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 37.44.This is not a topping or bottoming area. The last signal was a buy 8 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -134.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 7 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 3 period(s) ago.

Trend Analysis

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

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 194 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 33 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 3 period(s) ago.

Summary
The current market condition for Euro Dollar / US Dollar is: Very Bearish
The close is currently below its 200 period moving average.
The close is currently below its 90 period moving average.
The close is currently below its 30 period moving average.

Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 10/06/14

Last price: 1.3589

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.
If already holding short positions, we would look to take partial profits at any retracement to 1.3676. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3676. Be prepared for a potential short term price pull back to the 1.3664 area.
Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3503

If Short -- exit all contracts at ... 1.3723

AUD/USD WEEKLY as of Monday, 16 June, 2014

VIT Weekly Analysis

Review of Australian Dollar / US Dollar (AUDUSD)

as of 13/06/14

Volatility Analysis

On 13/06/14, Australian Dollar / US Dollar closed up 0.0070 at 0.9400

Period Statistical Change
10-period 15.0048 0.37
21-period 18.2793 -3.00
39-period 21.7317 0.02
90-period 24.8170 -0.00

Bollinger Bands are 16.09% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 65.2516. This is not an overbought or oversold reading. The last signal was a sell 7 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 58.51.This is not a topping or bottoming area. The last signal was a buy 44 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 105.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a sell 7 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 17 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today
Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 149 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today
Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 3 period(s) ago.

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

Australian Dollar / US Dollar(AUDUSD)

Analysis of activity through 13/06/14

close: 0.9400

The current trend is up and all orders on the long side may be considered. If already holding long positions, we would look to partial profits on any retracement to 0.9203. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 0.9049. Be prepared for a potential short term price fall back to the 0.9197 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 0.8890

If Short -- exit all contracts at ... 0.9453

EUR/USD DAILY as of Tuesday, 17 June, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 17/06/14

Volatility Analysis

On 17/06/14, Euro Dollar / US Dollar last price down -0.0014 at 1.3563

Period Statistical Change
10-period 4.7439 -0.14
21-period 4.0548 -0.05
39-period 4.4658 -0.01
90-period 5.4315 0.00

Bollinger Bands are 30.71% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 44.6041. This is not an overbought or oversold reading. The last signal was a buy 1 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 39.31.This is not a topping or bottoming area. The last signal was a buy 13 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -42. This is not a topping or bottoming area.The last signal was a buy 1 period(s) ago.

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

Trend Analysis

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

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 199 period(s) ago.

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

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 3 period(s) ago.

Summary
The current market condition for Euro Dollar / US Dollar is: Very Bearish
The close is currently below its 200 period moving average.
The close is currently below its 90 period moving average.
The close is currently below its 30 period moving average.

Euro Dollar / US Dollar(EURUSD) Analysis of activity through 17/06/14

Last price: 1.3563

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.
If already holding short positions, we would look to take partial profits at any retracement to 1.3676. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3676. Be prepared for a potential short term price pull back to the 1.3638 area.
Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3503

If Short -- exit all contracts at ... 1.3676

AUD/USD WEEKLY as of Monday, 23 June, 2014

VIT Weekly Analysis

Review of Australian Dollar / US Dollar (AUDUSD)

as of 20/06/14

Volatility Analysis

On 20/06/14, Australian Dollar / US Dollar closed down -0.0016 at 0.9384

Period Statistical Change
10-period 13.5569 -1.45
21-period 17.3562 -0.92
39-period 21.1502 -0.58
90-period 24.7814 -0.04

Bollinger Bands are 26.72% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 74.3550. This is not an overbought or oversold reading. The last signal was a sell 8 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 57.60.This is not a topping or bottoming area. The last signal was a buy 45 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 90. This is not a topping or bottoming area.The last signal was a sell 0 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 18 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today.
Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 150 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today.
Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 4 period(s) ago.

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

Australian Dollar / US Dollar(AUDUSD)

Analysis of activity through 20/06/14

close: 0.9384

The current trend is up and all orders on the long side may be considered. If already holding long positions, we would look to partial profits on any retracement to 0.9203. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 0.9203. Be prepared for a potential short term price fall back to the 0.9201 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 0.8924

If Short -- exit all contracts at ... 0.9453

EUR/USD DAILY as of Tuesday, 24 June, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 24/06/14

Volatility Analysis

On 24/06/14, Euro Dollar / US Dollar down -0.0005 at 1.3594

Period Statistical Change
10-period 2.9810 -0.87
21-period 4.2133 -0.06
39-period 4.3232 -0.21
90-period 5.2148 -0.06

Bollinger Bands are 44.54% narrower than normal. Euro Dollar / US Dollar is currently experiencing very low volatility as compared to its normal range. The probability of volatility increasing with a sharp price move is likely in the near future.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 59.5586. This is not an overbought or oversold reading. The last signal was a buy 6 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 45.30.This is not a topping or bottoming area. The last signal was a buy 18 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 34. This is not a topping or bottoming area.The last signal was a buy 6 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 4 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 35 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 204 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 43 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 8 period(s) ago.

Summary
The current market condition for Euro Dollar / US Dollar is: Very Bearish
The close is currently below its 200 period moving average.
The close is currently below its 90 period moving average.
The close is currently below its 30 period moving average.

Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 24/06/14

Last price: 1.3594

The current trend is down and all orders on the short side may be considered. Market activity analysis suggests that short trades put on outside of the +S+ focus zone have a lower probabilty of success than those placed in those zones highlighted on the expert ribbon.
If already holding short positions, we would look to take partial profits at any retracement to 1.3643. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3668. Be prepared for a potential short term price pull back to the 1.3628 area.
Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3503

If Short -- exit all contracts at ... 1.3676

GBP/USD WEEKLY as of Monday, 30 June, 2014

VIT Weekly Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 27/06/14

Volatility Analysis

On 27/06/14, British Pound / US Dollar closed up 0.0024 at 1.7035

Period Statistical Change
10-period 6.9804 -0.13
21-period 12.7838 -0.14
39-period 12.8852 -0.17
90-period 17.3265 -0.01

Bollinger Bands are 43.23% narrower than normal. British Pound / US Dollar is currently experiencing very low volatility as compared to its normal range. The probability of volatility increasing with a sharp price move is likely in the near future.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 89.3822. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a sell 6 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 67.94.This is not a topping or bottoming area. The last signal was a buy 67 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 145.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a sell 6 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 14 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Sell 51 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 51 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 19 period(s) ago.

Summary
The current market condition for British Pound / US Dollar is: Very Bullish
The close is currently above its 200 period moving average.
The close is currently above its 90 period moving average.
The close is currently above its 30 period moving average.

British Pound / US Dollar(GBPUSD)

Analysis of activity through 27/06/14

close: 1.7035

The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.
If already holding long positions, we would look to partial profits on any retracement to 1.6693. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.6567. Be prepared for a potential short term price fall back to the 1.6639 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.6474

If Short -- exit all contracts at ... 1.7062

EUR/USD DAILY as of Tuesday, 01 July, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 01/07/14

Volatility Analysis

On 01/07/14, Euro Dollar / US Dollar down -0.0007 at 1.3684

Period Statistical Change
10-period 2.9294 -0.43
21-period 4.2011 -0.14
39-period 4.3995 -0.01
90-period 5.2757 -0.00

Bollinger Bands are 22.71% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 92.9155. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a buy 11 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 58.39.This is not a topping or bottoming area. The last signal was a buy 23 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 167.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a buy 11 period(s) ago.

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

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 40 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 209 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 48 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 4 period(s) ago.

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

Analysis of activity through 01/07/14

close: 1.3684

The current trend is up and all orders on the long side may be considered. If already holding long positions, we would look to partial profits on any retracement to 1.3564. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.3512. Be prepared for a potential short term price fall back to the 1.3643 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3512

If Short -- exit all contracts at ... 1.3697

USD/CAD WEEKLY as of Monday, 07 July, 2014

VIT Weekly Analysis

Review of US Dollar / Canadian Dollar (USDCAD)

as of 04/07/14

Volatility Analysis

On 04/07/14, US Dollar / Canadian Dollar closed down -0.0015 at 1.0649

Period Statistical Change
10-period 9.1735 -0.38
21-period 12.3118 -0.33
39-period 14.9554 0.00
90-period 16.2966 0.01

Bollinger Bands are 9.59% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 4.4655. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 4 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 38.59.This is not a topping or bottoming area. The last signal was a sell 14 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -190.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 4 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 14 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 32 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 32 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 12 period(s) ago.

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

US Dollar / Canadian Dollar(USDCAD)

Analysis of activity through 04/07/14

close: 1.0649

The current trend is down and all orders on the short side may be considered. If already holding short positions, we would look to take partial profits at any retracement to 1.0988. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.1053. Be prepared for a potential short term price pull back to the 1.0817 area.
Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.0619

If Short -- exit all contracts at ... 1.1245

EUR/USD DAILY as of Tuesday, 08 July, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 08/07/14

Volatility Analysis

On 08/07/14, Euro Dollar / US Dollar last price down -0.0001 at 1.3604

Period Statistical Change
10-period 3.7554 -0.00
21-period 3.7136 -0.31
39-period 3.8240 -0.01
90-period 4.9510 -0.00

Bollinger Bands are 27.97% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 19.3913. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a sell 4 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 46.20.This is not a topping or bottoming area. The last signal was a buy 28 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -50. This is not a topping or bottoming area.The last signal was a sell 4 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 14 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 45 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 214 period(s) ago.

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

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 9 period(s) ago.

Summary
The current market condition for Euro Dollar / US Dollar is: Very Bearish
The close is currently below its 200 period moving average.
The close is currently below its 90 period moving average.
The close is currently below its 30 period moving average.

Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 08/07/14

Last price: 1.3604

The current trend is down and all orders on the short side may be considered. If already holding short positions, we would look to take partial profits at any retracement to 1.3700. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3700. Be prepared for a potential short term price pull back to the 1.3641 area.
Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3541

If Short -- exit all contracts at ... 1.3700

AUD/USD WEEKLY as of Monday, 14 July, 2014

VIT Weekly Analysis

Review of Australian Dollar / US Dollar (AUDUSD)

as of 11/07/14

Volatility Analysis

On 11/07/14, Australian Dollar / US Dollar closed up 0.0027 at 0.9389

Period Statistical Change
10-period 13.0599 0.04
21-period 15.3321 -0.19
39-period 20.7276 -0.01
90-period 24.4556 -0.07

Bollinger Bands are 36.58% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 59.4790. This is not an overbought or oversold reading. The last signal was a sell 1 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 56.88.This is not a topping or bottoming area. The last signal was a buy 48 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 76. This is not a topping or bottoming area.The last signal was a sell 1 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 21 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today.
Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 153 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today.
Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 2 period(s) ago.

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

Australian Dollar / US Dollar(AUDUSD) Analysis of activity through 11/07/14

close: 0.9389

The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.
If already holding long positions, we would look to partial profits on any retracement to 0.9208. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 0.9203. Be prepared for a potential short term price fall back to the 0.9224 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 0.9203

If Short -- exit all contracts at ... 0.9504

EUR/USD DAILY as of Tuesday, 15 July, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 15/07/14

Volatility Analysis

On 15/07/14, Euro Dollar / US Dollar last price down -0.0000 at 1.3620

Period Statistical Change
10-period 3.3065 0.01
21-period 3.4868 -0.16
39-period 3.9572 -0.01
90-period 4.5924 -0.01

Bollinger Bands are 50.81% narrower than normal. Euro Dollar / US Dollar is currently experiencing very low volatility as compared to its normal range. The probability of volatility increasing with a sharp price move is likely in the near future.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 46.9189. This is not an overbought or oversold reading. The last signal was a buy 5 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 49.27.This is not a topping or bottoming area. The last signal was a buy 33 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -19. This is not a topping or bottoming area.The last signal was a sell 9 period(s) ago.

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

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 50 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 219 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 58 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 14 period(s) ago.

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

Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 15/07/14

close: 1.3620

The current trend is down and all orders on the short side may be considered. If already holding short positions, we would look to take partial profits at any retracement to 1.3664. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3700. Be prepared for a potential short term price pull back to the 1.3636 area.
Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3575

If Short -- exit all contracts at ... 1.3700

AUD/USD WEEKLY as of Monday, 21 July, 2014

Australian Dollar / US Dollar-AUDUSD

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 26 white candles versus 24 black candles with a net of 2 white candles.
A long lower shadow has formed. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).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 22 period(s) ago. Since the MACD crossed the MACD moving average, Australian Dollar / US Dollar's price has increased 3.98%, and has been fluctuating from a high of 0.950 to a low of 0.889.
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 2 Period(s) Ago.
The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Buy 49 period(s) ago.

Currently the RSI does not show any Failure Swings. The RSI and price of Australian Dollar / 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 16 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Buy 3 period(s) Ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for Australian Dollar / US Dollar is Very Bullish
Australian Dollar / US Dollar closed below the upper Bollinger Band by 29.3%. Bollinger Bands are 52.79% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Australian Dollar / US Dollar'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 1 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
The present wave patterns are:
fast amplitude (8%): bearish wave 4
moderate amplitude (13%): bearish wave 1
Australian Dollar / US Dollar is long term Bearish as the 144 days moving average of 0.95 is decreasing. The Relative Strength Index is at 56.81 in the neutral territory. The Relative Momentum Index is at 59.34 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.01, in posi tive territory; this is a bullish sign. An equally important indicator, the STORSI is at 57.66. This value is in the neutral territory.