For 8/4/2016 9:00 AM the closing price was 0.9730.
Overall, the bias in prices is: Sideways.
Short term: Prices are stalling.
Intermediate term: Prices are ranging.
By the way, prices are vulnerable to a correction towards 0.97.
The projected upper bound is: 0.98.
The projected lower bound is: 0.97.
The projected closing price is: 0.97.
Rex Takasugi – TD Profile Analysis of FOREX CHF= (CHF=) as of 8/4/2016 9:00 AM
FOREX CHF= closed down -0.001 at 0.973. Volume was 8% above average (neutral) and Bollinger Bands were 43% narrower than normal.
Open High Low Close Volume___
0.973 0.974 0.972 0.973 2,401
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bearish
Moving Averages: 10-period 50-period 200-period
Close: 0.97 0.97 0.98
Volatility: 1 1 2
Volume: 2,242 2,645 2,595
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
FOREX CHF= is currently 0.5% below its 200-period moving average and is in an upward trend. Volatility is low as compared to the average volatility over the last 10 periods. Our volume indicators reflect very strong flows of volume into CHF= (bullish). Our trend forecasting oscillators are currently bullish on CHF= and have had this outlook for the last 26 periods.
Candlesticks Review of FOREX CHF= (CHF=) as of 8/4/2016 9:00 AM
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 5 white candles and 4 black candles for a net of 1 white candles. During the past 50 bars, there have been 23 white candles and 20 black candles for a net of 3 white candles.
Separating lines occurred. If the lines occur during an uptrend (which appears to be the case with FOREX CHF=) and the first line is black and the second is white (which is not the case with FOREX CHF=) then this suggests that the uptrend should continue.
If the separating lines occur during a downtrend and the first line is white and the second is black (which is the case with FOREX CHF=) then this suggests that the downtrend should continue.
Momentum Indicators Review of FOREX CHF= (CHF=) as of 8/4/2016 9:00 AM
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 72.8818. This is not an overbought or oversold reading. The last signal was a buy 3 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 64.71. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 10 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 99. This is not a topping or bottoming area. The last signal was a sell 0 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 8 period(s) ago.