The GBP/USD bear signal comes after a sideways move in psar bull mode that lasted eight trading days. Today's bear signal is in line with the longer-term trend of decline that began on Jan. 19, at 1.6457.
The adx, at 30, is just at the point where whipsaws become less likely, at least in the bearish direction.
| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| GBP/USD 1.49 |
This signal will be added to the Watchlist.
The USD/CHF bull signal comes after 15 trading days in bear mode with the price moving mainly sideways. Today's price has, so far, traversed 1.5% low to high.
| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| USD/CHF 1.0695 |
The adx, at 19, is in whipsaw territory, and as a result I won't be tracking this signal in the Watchlist.
GBP/USD You are here:
- Reversal
- 1.5815, +6.1%
- 1.5574, +4.5%
- 1.5380, +3.2%
- Now 1.4900
- Reversal
- 1.4871, -0.2%
- 1.4782, -0.8%
- 1.4396, -3.4%
Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic
About the glance: The colors indicate the state of each signal.
- trend: green for up, red for down, yellow for sideways
- adx: green for above 30-up, red for 20-down, yellow for in the middle. Red is most prone to whipsaws
- psar, pps, macd: green for bull mode, red for bear
- sto: green for overbought, red for oversold, yellow for the neutral zone.
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