All four pairs have low average directional index readings, suggesting whipsaws are likely (as is the case with almost all the major forex pairs.
The AUD technicals:
| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| AUD/USD US$0.9182 | ||||||||
| AUD/NZD NZ$1.2985 |
AUD/USD You are here:
- Reversal
- US$0.9387, +2.2%
- Now US$0.9182
- Reversal
- US$0.9001, -2%
- Reversal
- NZ$1.3811, +6.4%
- Now NZ$1.2985
- Reversal
- NZ$1.2873, -0.9%
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JPY technicals:
| trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
|---|---|---|---|---|---|---|---|---|
| EUR/JPY ¥123.94 | ||||||||
| CHF/JPY ¥86.49 |
EUR/JPY You are here:
- Reversal
- ¥127.68, +3%
- Now ¥123.94
- Reversal
- ¥121.04, -2.3%
- Reversal
- ¥88.94, +2.8%
- Now ¥ 86.49
- Reversal
- ¥84.34, -2.5%
These signals will be followed in the daily Watchlist, which is posted beginning around 2:45 p.m. Eastern. Look for it at www.timbovee.com.
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: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
- adx: orange for above 30-up, blue for 20-down, purple 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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