Archives pour la catégorie Devises

USD / JPY: bullish on a medium term basis

Long term: lower?

On a yearly basis, Bollinger band spread could increase. A PEI is in progress with our moving averages.

On a quarterly basis, a type I could develop.

On a monthly basis, a bearish parallel pattern is in progress.

Idea: use monthly bearish parallels rules

Bet: above MM is not ruled out.

R= MM (80.71), PM (82.75);    S= LM (75)

Medium term: a type II could develop

On a weekly basis, prices are above UW and the trend for LW is bearish. A NEI is the status of the monthly time frame and no PEI is in progress with TAM tools.

Idea: higher as long as our MACD is not overbought

Bet: a type II is expected in early March.

R = MM (80.71);     S = MW (77.41)

Short term: today, a type II is in progress

On a daily basis a bullish parallel pattern is in progress.

Idea: use bullish parallel rules

Bet: towards MM or above.

R = MM (80.71);   S = MD (77.65)

Conclusion: a medium bull trend is not ruled out.

JPY is weak

Long term: lower

On a yearly basis, Bollinger band spread could be flat next period. A PEI is in progress with our moving averages.

On a quarterly basis, a type I could develop.

On a monthly basis, a bearish parallel pattern is in progress.

Idea: use monthly bearish parallels rules

Bet: focus on monthly bullish divergence.

R= MM (110.05);    S= LM (99.72)

Medium term: rise in progress

On a weekly basis, a close above MW is expected.

Idea: rise as long as our MACD is not overbought.

Bet: towards UW is not ruled out.

R = UW (108.61);     S = MW (102.92)

Short term: higher

On a daily basis; a PEI is in progress with our moving averages and our MACD.  A NEI is in progress with the weekly time frame.

Idea: rise as long as our MACD is not overbought

Bet: nothing to do on a daily basis.

R = UW (108.61);   S = MD (101.16)

Conclusion: technical recovery in progress.

EUR / USD: towards MM

Long term: flat

On a yearly basis, Bollinger bands spread is not minimal. Our 7 / 23 years moving averages are slightly bullish. Stochastic is overbought. UY is our main resistance and MY is our first support.

On a quarterly basis, Bollinger spread is a reference one and UQ / LQ spread is expending. A bearish no-crossover is the status for our MACD. LQ is our first objective.

On a monthly basis, the UM / LM spread is above a reference one. TAM tools will continue to decline. LM is our main target.

Idea: MM is a strong resistance

Bet: LM is our main support.

R= MM (1.3654), MQ (1.3945);    S= LM (1.2573), MY (1.2123)

Medium term: recovery

On a weekly basis, our stochastic and MACD are oversold. As long as M7 trend is up, the recovery in progress will continue.

Idea: above MW

Bet: towards MM is not ruled out.

R = MW (1.3335);     S = 1.3025, LW (1.2609)

Short term: technical recovery in progress

On a daily basis, a PEI is the status for our stochastic.

Idea: rise as long as our MACD is not overbought

Bet: higher for one week or more.

R = UD (1.3357), MM (1.3654);   S = MD (1.3009)

Conclusion: technical recovery in progress.

USD / JPY: weak for some weeks

Long term: lower

On a yearly basis, Bollinger band spread is increasing. A PEI is in progress with our moving averages.

On a quarterly basis, a type I could develop.

On a monthly basis, a bearish parallel pattern is in progress.

Idea: use monthly bearish parallels rules

Bet: towards LM.

R= MM (80.58);    S= LM (74.61), LQ (68.05)

Medium term: Bollinger bands spread is minimal and increasing

On a weekly basis, no PEI / NEI is in progress on TAM tools.

Idea: no bear trend could develop

Bet: lower as long as our stochastic is not oversold.

R = MW (77.12), UW (78.17);     S = LW (76.07)

Short term: decline

On a daily basis, Bollinger bands spread is above a reference one. No PEI is in progress with TAM tools.

Idea: MD is a strong resistance

Bet: decline as long as our MACD is not oversold.

R = MD (76.94);   S = LW (76.07)

Conclusion: decline for some weeks.

USD / JPY: technical recovery

Long term: lower

On a yearly basis, Bollinger band spread is increasing. A PEI is in progress with our moving averages.

On a quarterly basis, a type I could develop.

On a monthly basis, a bearish parallel pattern is in progress.

Idea: use monthly bearish parallels rules

Bet: towards LM.

R= MM (81.3);    S= LM (74.48)

Medium term: Bollinger bands spread is minimal

On a weekly basis, a bullish no-crossover is the status for our moving averages and our MACD. A NEI is in progress with our monthly time frame.

Idea: rise as long as our MACD is not overbought.

Bet: towards MM is not ruled out.

R = UW (78.19), MM (81.3);     S = MW (77.17)

Short term: higher

On a daily basis; without a PEI, no bullish pattern could develop this week.

Idea: rise as long as our MACD is not overbought

Bet: nothing to do on a daily basis.

R = UW (78.19);   S = MD (77.04)

Conclusion: technical recovery in progress.

€ /$: could dive

Long term: flat

On a yearly basis, Bollinger bands spread is not minimal. Our 7 / 23 years moving averages are slightly bullish. Stochastic is overbought. UY is our main resistance and MY is our first support.

On a quarterly basis, Bollinger bands spread is a reference one. A bearish no-crossover is the status for our MACD. LQ is our first objective.

On a monthly basis, the UM / LM spread is above a reference one. TAM tools will continue to decline. LM is our first target.

Idea: lower

Bet: towards LM.

R= MM (1.3596);    S= LM (1.2337), MY (1.2132)

Medium term: lower but not bearish

On a weekly basis, a PEI is in progress with our moving averages.

Idea: a PEI could develop with our stochastic and MACD

Bet: lower as long as our MACD is not oversold.

R = MW (1.3495);     S = LM (1.2337)

Short term: bearish parallels pattern

On a daily basis, a type III is in progress.

Idea: use bearish parallels rules.

Bet: € could dive.

R = MD (1.2954);   S = 1.2666 (current low), LM (1.2337)

Conclusion: lower.

€ / $: lower

Long term: flat

On a yearly basis, Bollinger bands spread is not minimal. Our 7 / 23 years moving averages are slightly bullish. Stochastic is overbought. UY is our main resistance and MY is our main support.

On a quarterly basis, Bollinger spread is a reference one. A bearish no-crossover is the status for our MACD. LQ is our first objective.

On a monthly basis, the UM / LM spread is above a reference one. TAM tools will continue to decline. LM is our main target.

Idea: lower

Bet: towards LM.

R= MM (1.3605), MQ (1.3943);    S= LM (1.2365) , MY (1.2132)

Medium term: lower but not bearish

On a weekly basis, a PEI is in progress with our moving averages.

Idea: a PEI could develop with our stochastic and MACD

Bet: lower as long as our MACD is not oversold.

R = MW (1.3589);     S = LW (1.2795)

Short term: technical recovery in progresslrt term: no trend965Y (1.4243amilliales) enance personnelle.tellis

On a daily basis, a bullish no-crossover is in progress with MACD. As long as M23 trend is down, a rise is only a technical recovery. Above PD, UD is our next objective.

Idea: Focus next Friday on M7 trend

Bet: bearish pre-parallels.

R = PD (1.3103), UD (1.3304);   S = LD (1.2832)

Conclusion: weak.

€ / Y: bearish on a long term basis

Long term: lower

On a yearly basis, TAM tools are down. 89.59
(Historical Low) is our first target.

On a quarterly basis, a type 1 should develop.

On a monthly
basis, a bearish no-crossover is in progress with TAM tools.

Idea: MW is our maximal target

Bet: a selloff is expected.

R= MW (107.63);   
S= 89.59

 

 

On a weekly basis, TAM tools are neutral.

Idea: MW = strong resistance and LW = main support

Bet: wait.

R = MW (107.63);    
S = LW (101.32)

 

 

Short term: weak

On a daily basis, UD / LD spread is expending. PD
trend is bearish: a PEI could develop with our MACD.

Idea: decline as long as our MACD is not oversold

Bet: lower.

 

R = MD (105.95);  
S = LD (102.56)

 

Conclusion: bearish on a long term basis.

€ / $ : bullish above MW (at the close)

 

 

   Charts : ask to atdmfcahen@yahoo.fr

 

   Long term: flat with a bullish bias

On a yearly basis, Bollinger band spread is not minimal but is increasing. Our 7 / 23 years moving averages are slightly bullish. Stochastic and MACD are neutral. Above MW a bullish no-crossover should develop. UY is our first resistance and MY is our main support.

On a quarterly basis, Bollinger spread is a reference one. TAM tools are neutral. LQ is a very strong support.

On a monthly basis, the UM / LM spread is above a reference one. TAM tools are on the down side. LM is a strong support.

Idea: above MW, PQ will be a target

Bet: bullish trend if MQ fails as a resistance.

R= MW (1.4056), PQ (1.494);    S= LQ (1.2498)

 

Medium term: lower but not bearish

On a weekly basis, UW / LW spread is above a reference one. No PEI is in progress with TAM tools. As long as MW proves to be a resistance, the main trend is lower.

Idea: nothing to do

Bet: towards UW if MW fails as a resistance.

R = MW (1.4056), UW (1.473);     S = LD (1.3383)

 

 

Short term: rise

On a daily basis, LD is flat. A bullish no-crossover is in progress with our stochastic.

Idea: rise as long as our stochastic is not overbought

Bet: towards MW.

 

R = MW (1.4056);   S = MD (1.3642)

 

Conclusion: new long position with a weekly close above MW.

€ /$:technical recovery in progress

 

 (chart : ask to atdmfcahen@yahoo.fr)

 Long term: flat

On a yearly basis, Bollinger band spread is not minimal but is increasing. Our 7 / 23 years moving averages are slightly bullish. Stochastic and MACD are neutral. UY is a far away resistance and MY is our main support.

On a quarterly basis, Bollinger spread is a reference one. TAM tools are neutral. LQ is a very strong support.

On a monthly basis, the UM / LM spread is above a reference one. TAM tools are on the down side. LM is a strong support.

Idea: decline as long as our monthly stochastic is not oversold

Bet: without main trend.

R= MQ (1.3966);    S= LQ (1.2493)  

 

Medium term: lower but not bearish

On a weekly basis, UW / LW spread is above a reference one. No PEI is in progress with TAM tools. As long as MW proves to be a resistance, the main trend is lower.

Idea: nothing to do

Bet: .

R = MQ (1.3966);     S = LD (1.3212)

 

 

Short term: flat

On a daily basis, LD is flat. A bullish no-crossover could be in progress with our stochastic.

Idea: rise as long as our stochastic is not overbought

Bet: towards MQ.

 

R = MQ (1.3966), MW (1.4083);   S = MD (1.3557)

 

Conclusion: a short term recovery is in progress.