Daily Technical analysis

[Martin Kay]

EUR/USD DAILY as of Thursday, 08 May, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 08/05/14

Volatility Analysis

Statistical Change from
Volatility Previous period​

10-period 3.8615 0.00
21-period 3.6906 -0.36
39-period 4.8041 -0.08
90-period 6.1374 -0.18

Bollinger Bands are 35.86% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 79.9180. This is not an overbought or oversold reading. The last signal was a sell 0 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 62.21.This is not a topping or bottoming area. The last signal was a sell 137 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 127.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a sell 18 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 8 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 2 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 171 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 10 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 21 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 08/05/14
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 1.3777. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.3777. Be prepared for a potential short term price fall back to the 1.3850 area.

Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3777
If Short -- exit all contracts at ... 1.3951

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 15 May, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 15/05/14

Volatility Analysis
On 15/05/14, Euro Dollar / US Dollar up 0.0001 at 1.3719

Volatility Statistics Change

10-period 5.3546 -0.00
21-period 4.5721 -0.03
39-period 4.7806 -0.01
90-period 6.1743 -0.03

Bollinger Bands are 0.55% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 10.1842. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a sell 5 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 37.70.This is not a topping or bottoming area. The last signal was a sell 142 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -118.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a sell 5 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 4 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 176 period(s) ago.

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

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 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.

Technical Outlook
Short Term: Oversold
Intermediate Term: Bearish
Long Term: Bullish


Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 15/05/14
Last price: 1.3719

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 1.3993. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3993. Be prepared for a potential short term price pull back to the 1.3801 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3689
If Short -- exit all contracts at ... 1.3993

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 22 May, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 22/05/14

Volatility Analysis
On 22/05/14, Euro Dollar / US Dollar closed down -0.0006 at 1.3680

Statistical Change from
Volatility Previous period
10-period 3.7791 -0.56
21-period 4.5439 -0.02
39-period 4.5376 -0.01
90-period 6.0350 -0.01

Bollinger Bands are 32.58% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 51.9720. This is not an overbought or oversold reading. The last signal was a buy 4 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 34.75.This is not a topping or bottoming area. The last signal was a sell 147 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -75. This is not a topping or bottoming area.The last signal was a buy 3 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 Buy 12 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 181 period(s) ago.

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

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 9 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 22/05/14

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 1.3774. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3993. Be prepared for a potential short term price pull back to the 1.3743 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3635
If Short -- exit all contracts at ... 1.3993

 

[Martin Kay]

AUD/USD DAILY as of Thursday, 29 May, 2014

VIT Daily Analysis

Review of Australian Dollar / US Dollar (AUDUSD) as of 29/05/14

Volatility Analysis
On 29/05/14, Australian Dollar / US Dollar closed up 0.0006 at 0.9228

Period Statistics Change
10-period 6.3998 0.13
21-period 6.1253 -0.01
39-period 7.6722 -0.19
90-period 9.5734 -0.21

Bollinger Bands are 25.34% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 40.6604. 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 41.33.This is not a topping or bottoming area. The last signal was a sell 34 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 buy 3 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 8 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Sell 63 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Sell 96 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 12 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 7 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 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 29/05/14

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 0.9365. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 0.9409. Be prepared for a potential short term price pull back to the 0.9267 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 0.9208
If Short -- exit all contracts at ... 0.9409

 

[Martin Kay]

USD/JPY DAILY as of Thursday, 05 June, 2014

VIT Daily Analysis

Review of US Dollar / Japanese Yen (USDJPY)
as of 05/06/14

Volatility Analysis
On 05/06/14, US Dollar / Japanese Yen closed down -0.1510 at 102.5500

Period Statistical Change
10-period 4.4395 -0.05
21-period 4.6776 0.04
39-period 4.4830 0.01
90-period 7.0203 -0.05

Bollinger Bands are 28.81% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 90.7854. 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 59.39.This is not a topping or bottoming area. The last signal was a sell 110 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 134.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a buy 10 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 324 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 101 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 80 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 7 period(s) ago.

Summary
The current market condition for US 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.


US Dollar / Japanese Yen(USDJPY)

Analysis of activity through 05/06/14
close: 102.5500
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 101.4270. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 100.8240. Be prepared for a potential short term price fall back to the 102.2377 area.

Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 100.8240
If Short -- exit all contracts at ... 102.7910

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 12 June, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 12/06/14

Volatility Analysis
On 12/06/14, Euro Dollar / US Dollar up 0.0009 at 1.3543

Period Statistical Change
10-period 4.8297 0.00
21-period 3.8674 -0.00
39-period 4.3895 0.01
90-period 5.4369 -0.06

Bollinger Bands are 20.82% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 17.6052. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 9 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 34.18.This is not a topping or bottoming area. The last signal was a buy 10 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -169.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 9 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 Buy 27 period(s) ago.

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

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

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 5 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 12/06/14
Last price: 1.3543

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 1.3646 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3503
If Short -- exit all contracts at ... 1.3676

 

[Martin Kay]

EUR/JPY DAILY as of Thursday, 19 June, 2014

VIT Daily Analysis

Review of Euro Dollar / Japanese Yen (EURJPY)
as of 19/06/14

Volatility Analysis
On 19/06/14, Euro Dollar / Japanese Yen closed up 0.1260 at 138.5740

Period Statistical Change
10-period 4.6240 -0.18
21-period 4.8946 0.02
39-period 5.1254 0.02
90-period 7.6015 -0.03

Bollinger Bands are 29.31% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 81.1463. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a buy 2 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 42.82.This is not a topping or bottoming area. The last signal was a buy 14 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -35. This is not a topping or bottoming area.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 5 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 152 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 110 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 124 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 7 period(s) ago.

Summary
The current market condition for Euro Dollar / Japanese Yen 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 / Japanese Yen(EURJPY)

Analysis of activity through 19/06/14
close: 138.5740

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 140.0280. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 140.0280. Be prepared for a potential short term price pull back to the 138.9547 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 137.7020
If Short -- exit all contracts at ... 140.0280

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 26 June, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 26/06/14

Volatility Analysis
On 26/06/14, Euro Dollar / US Dollar last price up 0.0005 at 1.3632

Period Statistical Change
10-period 2.9702 -0.01
21-period 4.0547 -0.20
39-period 4.3819 0.00
90-period 5.2135 -0.00

Bollinger Bands are 40.48% 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 69.9995. This is not an overbought or oversold reading. The last signal was a buy 8 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 51.46.This is not a topping or bottoming area. The last signal was a buy 20 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 112.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a buy 8 period(s) ago.

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

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 37 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 206 period(s) ago.

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

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 1 period(s) ago.

Summary
The current market condition for Euro 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.


Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 26/06/14
Last price as at: 1.3632

Be prepared for a potential short term price fall back to the 1.3629 area. If already holding short positions, we would look to take partial profits at any retracement to 1.3651. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3651.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3512
If Short -- exit all contracts at ... 1.3676

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 03 July, 2014

VIT Daily Analysis

Review of Euro Dollar / Japanese Yen (EURJPY)
as of 03/07/14

Volatility Analysis
On 03/07/14, Euro Dollar / Japanese Yen down -0.0250 at 139.0250

Period Statistical Change
10-period 2.8222 -0.15
21-period 4.0923 -0.00
39-period 4.4204 -0.15
90-period 7.4338 -0.00

Bollinger Bands are 45.20% 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 88.6371. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a sell 8 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 buy 24 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is 158.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a buy 14 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a buy 10 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 162 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 120 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 134 period(s) ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Buy 7 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 below its 90 period moving average.
The close is currently above its 30 period moving average.


Euro Dollar / Japanese Yen(EURJPY)

Analysis of activity through 03/07/14
close: 139.0250

Be prepared for a potential short term price fall back to the 138.9006 area. 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 139.1730. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 139.1730.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 137.7020
If Short -- exit all contracts at ... 139.1730

 

[Martin Kay]

USD/CAD DAILY as of Thursday, 10 July, 2014

VIT Daily Analysis

Review of US Dollar / Canadian Dollar (USDCAD)
as of 10/07/14

Volatility Analysis
On 10/07/14, US Dollar / Canadian Dollar last price up 0.0001 at 1.0650

Period Statistical Change
10-period 4.3498 -0.20
21-period 4.1901 -0.04
39-period 4.2914 -0.01
90-period 5.9265 -0.04

Bollinger Bands are 31.71% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 48.6319. 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 33.33.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 -68. 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 2 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 81 period(s) ago.

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

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Buy 81 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 US Dollar / Canadian 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.


US Dollar / Canadian Dollar(USDCAD)

Analysis of activity through 10/07/14
Last price at: 1.0650

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 1.0696. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.0751. Be prepared for a potential short term price pull back to the 1.0707 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.0619
If Short -- exit all contracts at ... 1.0825

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 17 July, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 17/07/14

Volatility Analysis
On 17/07/14, Euro Dollar / US Dollar last price down -0.0004 at 1.3525

Period Statistical Change
10-period 3.6667 -0.25
21-period 3.7032 -0.22
39-period 4.1146 -0.02
90-period 4.5833 -0.04

Bollinger Bands are 27.25% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 6.8143. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 7 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 36.94.This is not a topping or bottoming area. The last signal was a buy 35 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -180.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a sell 11 period(s) ago.

MACD Momentum Indicator
The Moving Average Convergence/Divergence INDICATOR (MACD) crosses its 9 period signal line which triggers a sell 5 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 52 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 221 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 2 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 2 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 17/07/14
Last price at: 1.3525

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 1.3650. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3680. Be prepared for a potential short term price pull back to the 1.3617 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3520
If Short -- exit all contracts at ... 1.3700

 

[Martin Kay]

AUD/USD DAILY as of Thursday, 24 July, 2014

*** Intra-Daily Trading Strategy: SELL Australian Dollar / US Dollar
Sell Target: 0.9435
Sell Stop: 0.9488
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 31 white candles versus 19 black candles with a net of 12 white candles.
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 0 period(s) ago. Since the MACD crossed the MACD moving average, Australian Dollar / US Dollar's price has been unchanged, and has been fluctuating from a high of 0.947 to a low of 0.943.
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 Buy 4 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 Sell 74 period(s) ago.
The RSI has just reached its highest value in the last 14 period(s). This is BULLISH signal.

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 123 period(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 daily moving average
ABOVE its 50 daily moving average
ABOVE its 20 daily 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 13.7%. Bollinger Bands are 50.47% 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 18 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 3
Australian Dollar / US Dollar is long term Bullish as the 144 days moving average of 0.93 is increasing. The Relative Strength Index is at 58.97 in the neutral territory. The Relative Momentum Index is at 60.55 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.00, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 91.97. This value is in the overbought territory.

 

[Martin Kay]

AUD/USD DAILY as of Thursday, 31 July, 2014

VIT Daily Analysis

Review of Australian Dollar / US Dollar (AUDUSD)
as of 31/07/14

Volatility Analysis
On 31/07/14, Australian Dollar / US Dollar last price down -0.0002 at 0.9323

Period Statistical Change
10-period 6.8985 -0.25
21-period 6.7267 -0.44
39-period 7.3582 -0.00
90-period 7.7330 -0.08

Bollinger Bands are 48.05% 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 13.9740. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 9 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 42.39.This is not a topping or bottoming area. The last signal was a sell 79 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -157.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. 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 sell 1 period(s) ago.

Trend Analysis

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

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Sell 141 period(s) ago.

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

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 1 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 31/07/14
Last price at: 0.9323

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 0.9470. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 0.9470. Be prepared for a potential short term price pull back to the 0.9371 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 0.9303
If Short -- exit all contracts at ... 0.9470

 

[Martin Kay]

AUD/USD DAILY as of Thursday, 07 August, 2014

VIT Daily Analysis

Review of Australian Dollar / US Dollar (AUDUSD)
as of 07/08/14

Volatility Analysis
On 07/08/14, Australian Dollar / US Dollar last price down -0.0054 at 0.9289

Period Statistical Change
10-period 6.5051 0.59
21-period 6.4217 0.33
39-period 7.5544 0.15
90-period 7.8485 0.08

Bollinger Bands are 23.84% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 35.7052. This is not an overbought or oversold reading. The last signal was a buy 3 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 41.41.This is not a topping or bottoming area. The last signal was a sell 84 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -81. This is not a topping or bottoming area.The last signal was a buy 3 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 Buy 43 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Sell 146 period(s) ago.

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

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 6 period(s) ago.

Summary
The current market condition for Australian 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.


Australian Dollar / US Dollar(AUDUSD)

Analysis of activity through 07/08/14
Last price at: 0.9289

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 0.9416. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 0.9470. Be prepared for a potential short term price pull back to the 0.9351 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 0.9274
If Short -- exit all contracts at ... 0.9470

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 14 August, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 14/08/14

Volatility Analysis
On 14/08/14, Euro Dollar / US Dollar closed down -0.0006 at 1.3361

Period Statistical Change
10-period 4.0111 0.00
21-period 3.4482 -0.14
39-period 3.6846 -0.00
90-period 4.0720 -0.00

Bollinger Bands are 11.38% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 29.9656. This is not an overbought or oversold reading. The last signal was a buy 9 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 34.16.This is not a topping or bottoming area. The last signal was a buy 4 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -101.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. 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 4 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 72 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 241 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 22 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 2 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 14/08/14
close: 1.3361

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 1.3432. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3444. Be prepared for a potential short term price pull back to the 1.3429 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3333
If Short -- exit all contracts at ... 1.3475

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 21 August, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 21/08/14

Volatility Analysis
On 21/08/14, Euro Dollar / US Dollar closed down -0.0010 at 1.3249

Period Statistical Change
10-period 4.6578 -0.01
21-period 4.0196 -0.00
39-period 3.9456 -0.13
90-period 4.1403 -0.00

Bollinger Bands are 9.56% narrower than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 4.7720. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 14 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 26.82.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 9 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -231.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. 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 sell 1 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 77 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 246 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 1 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 7 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 21/08/14
close: 1.3249

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 1.3415. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3432. Be prepared for a potential short term price pull back to the 1.3389 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3241
If Short -- exit all contracts at ... 1.3444

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 28 August, 2014

*** Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar
Buy Target: 1.3215
Buy Stop: 1.3126
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 3 white candles versus 7 black candles with a net of 4 black candles.
The previous 50 candlestick bars, there are 22 white candles versus 28 black candles with a net of 6 black candles.
A engulfing bullish line has formed where a white candle's real body completely contains the previous black candle's real body. The engulfing bullish pattern is bullish during a downtrend(which is the case with Euro Dollar / US Dollar). It then signifies that the momentum may be shifting from the bears to the bulls.
If the engulfing bullish pattern occurs during an uptrend, it may be a last engulfing top which indicates a top. The test to see if this is the case is if the next candle closes below the top of the current (white) candle's real body.MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 5 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.53%, and has been fluctuating from a high of 1.332 to a low of 1.315.
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 39 Period(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 4 period(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 does not show an overbought or oversold condition.
The last Directional Movement Indicators (DMI) signal was a SELL 39 period(s) ago.
There were no SAR signals generated today. The last SAR signal was a Sell 11 period(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 5.1%. Bollinger Bands are 26.63% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Overall, the bias in prices is: Downwards.
Short term: Prices are moving.
Intermediate term: Prices are ranging.

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 04 September, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 03/09/14

Volatility Analysis
On 03/09/14, Euro Dollar / US Dollar closed up 0.0014 at 1.3148

Period Statistical Change
10-period 3.9381 -0.36
21-period 4.2560 -0.08
39-period 3.9528 -0.01
90-period 4.1640 -0.09

Bollinger Bands are 71.67% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 23.2920. 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 27.25.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 9 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -75. 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 10 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 86 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 255 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 10 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 16 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 03/09/14
close: 1.3148

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 1.3296. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3359. Be prepared for a potential short term price pull back to the 1.3227 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.3110
If Short -- exit all contracts at ... 1.3411

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 11 September, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 10/09/14

Volatility Analysis
On 10/09/14, Euro Dollar / US Dollar closed down -0.0021 at 1.2920

Period Statistical Change
10-period 10.1971 -0.21
21-period 7.8253 -0.00
39-period 6.3360 0.00
90-period 5.2900 0.00

Bollinger Bands are 140.69% wider than normal. Euro Dollar / US Dollar is currently experiencing very high volatility as compared to its normal range. The probability of volatility decreasing and prices consolidating is likely in the near future.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 17.1626. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 5 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 23.82.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 14 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -106.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. 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 sell 15 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 91 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 260 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 15 period(s) Ago.

Stop and Reverse (SAR)
There were no SAR signals generated today. The last signal was a Sell 21 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 10/09/14
close: 1.2920

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 1.3196. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3220. Be prepared for a potential short term price pull back to the 1.3072 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.2859
If Short -- exit all contracts at ... 1.3296

 

[Martin Kay]

EUR/USD DAILY as of Thursday, 18 September, 2014

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)
as of 17/09/14

Volatility Analysis
On 17/09/14, Euro Dollar / US Dollar closed down -0.0107 at 1.2847

Period Statistical Change
10-period 11.1151 0.54
21-period 8.3580 0.46
39-period 6.7717 0.35
90-period 5.3792 0.22

Bollinger Bands are 92.07% wider than normal.

Momentum Indicators

Stochastic Oscillator
The Stochastic Oscillator is 41.7304. This is not an overbought or oversold reading. The last signal was a buy 4 period(s) ago.

Relative Strength Index (RSI)
The current value of the RSI is 24.92.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 1 period(s) ago.

Commodity Channel Index (CCI)
The current value of the CCI is -85. This is not a topping or bottoming area.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 buy 1 period(s) ago.

Trend Analysis

Aroon
There were no Aroon signals generated today. The last signal was a Buy 96 period(s) ago.

Directional Indicator
There were no Directional Indicator signals generated today. The last signal was a Buy 265 period(s) ago.

MACD Trend Signal
There were no MACD Trend signals generated today. The last MACD Trend signal was a Sell 20 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 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.

With strong confirmation from the short term trend and a current Sell signal.
Euro Dollar / US Dollar(EURUSD) Analysis of activity through 17/09/14
close: 1.2847

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 1.2995. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3160. Be prepared for a potential short term price pull back to the 1.3022 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 1.2834
If Short -- exit all contracts at ... 1.3220