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Trendless Dynamics on EUR/SGD

Durden Posted 31 July as Analysis on EUR/SGD, Target: 1.5090, Date: 1st of September, 12:00 GMT  in #Technical analysis #EUR #SGD #Volatility #Rsi #Trendless #EUR/SGD #Hidden Markov Processes #Chart Analysis

INDICATORS: RSI, Volatility, Volume, HMM

KEY PRICE LEVELS : 1.50897 - 1.5332 - 1.55187

Weekly CHART PATTERN : resistance and support lines, W1 Chart.

Weekly VISION

The EUR/SGD pair is moving in a bullish dynamics with a resistance zone at 1.55187 . The chart analysis indicates a slightly bullish dynamics and it can be supported by the Hidden Markov Models Analysis and the RSI momentum indicator. Standard Dev is relatively adeguate with a slightly bullish tendency.

Daily VIS…
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2 Comments
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Durden 23 Aug.

The new greek politic issues can be view in a sell market side opportunities.
The HMM also privilege the bearish trade

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Durden 27 Aug.

The decision proposed by the Chinese authorities to devalue the renminbi give great volatility on the world market exchange. The interest rate decision in combination with the economic chinese releases make the EUR and the correlated pair ( CHF-SEK-NOK-PLN-GBP )  recovery a great profit opportunity. Instead of this USD buyers or JPY sellers sustainers slide on a difficult side of the markets.
Commodities Pairs like AUD-NZD-RUB-CAD shows deflective dynamics. In this scenario the EUR/SGD chart indicates a buyers side mastership.

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Triangle bullish pattern in HKD/JPY

Durden Posted 31 May as Analysis on HKD/JPY, Target: 15.6881, Date: 1st of July, 12:00 GMT  in #Technical analysis #HKD #JPY #Resistance #Pattern #Bullish #Triangle #Rsi #HKD/JPY #Hidden Markov Processes #Chart Analysis
Indicators: RSI, Volatility, Volume, HMM
Key price levels : 15.08832 - 15.68812 - 16.04987 - 16.1292

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

The pair is moving in a bullish triangle dynamics . The chart analysis indicates the bullish trend that can have a retracement at the resistance zone 16.1292 be supported by the Hidden Markov Models Analysis, the RSI momentum indicator.

Daily Vision

The D1 scale indicates that the patttern is in a bullish c…
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4 Comments
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Durden 27 June

The unemployment rate at 3.3%, . In addition, on an annual basis, inflation rose by 0.5%
Abeconomics strategy  to stimulate  inflation through consumer spending. For now, the policy of Shinzo Abe seems to work and the latest data show that the country is emerging from economic recession . So the pair could have a slightly bearish fundamentals support.

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foreignexchange 30 June

Great analysis : )

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Durden 1 July

Thanks

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Durden 1 July

HKD/JPY is in a bullish channel. The chart analysis of the pair  and the HMM with positive coefficient suggest the dynamics of the trend with possible objective at  15.84 .

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