5/3 Forex

Three new forex signals on Friday, all unconfirmed by today's price action.

EUR/CAD: The euro today declined sharply against the loonie, after rising sharply on Friday.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
EUR/CAD C$1.3352

Friday's move produced a pps bull signal, but it's not confirmed. The pivot points are dropping, so this pair won't make the Watchlist.

EUR/CHF: A pps bear signal on Friday. It closed that day below the pps moving averages and so is confirmed. The lower pivot is at SF1.40.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
EUR/CHF SF1.4325

GBP/CHF: A sharp drop, a pps bear signal and a close below the pps moving averages on Friday, countered by a move above the moving averages today. So, unconfirmed, but I'll track it on the Watchlist. The lower pivot is at $1.60

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
SF1.6552

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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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