February 20, 2020 Update
MONTHLY shows this pair is still moving between the range of 115.225 and 104.614. It has has a significant movement up and at present is at 112.121. The rsi is sitting below the sell zone indicating it still has a little way to move upward and is 313 pips from the top of the range at 115.225.
DAILY shows this pair has had two engulfing candles up breaking through the range it was in at 110.258. It is below the .270 at 113.269 and from it’s current position it has another 128 pips up to go to reach the .270 of the fib scale. The rsi is just skimming the buy zone and should soon decide to move up. If it goes to the .618 at 114.638 that would give 261 pips.
HOURLY shows this pair took a rocket up and is sitting on the .270 at 112.080. The rsi has been skimming along the bottom, taking a rest before it climbs to the 1.618 at 112.699 which is another 66 pips up from it’s current position.
February 20, 2020 Update
MONTHLY shows this pair is moving up nicely to the .270 of the fib scale at 9.45007 and is 2050 pips away from reaching it. If it moves to the 1.618 at 10.03241 that would be 7,597 pips further up. The rsi is in the sell zone and has been skimming along for some time trying to decide whether to move further up or head down to the buy zone.
DAILY shows this pair right on the up trend line and following it. This pair is sitting below the .180 at 9.36904 and is 546 pips below it at the current position. The rsi is in the buy zone and appears to be starting to make a move up.
HOURLY shows this pair moving up and down over the .270 of the fib scale at 9.31755. Currently it is 282 pips from the 1.618 at 9.34260. The rsi is in the sell zone and looks like it might take a trip down first before moving up to meet the 1.618
February 12, 2020 Update
MONTHLY shows this pair still trading between the range of 115.225 and 104.614, a difference of 1,109 pips. Note the 104.614 is directly at the .236 of the fib scale. At the moment this pair is moving up and has 546 pips to reach the top of the range at 115.225. The rsi is just below the sell zone.
DAILY shows this pair trading in a range on the daily time frame between 110.258 and 108.318 a difference of 199 pips. It is also following an up trend line. The rsi is in the sell zone and appears to be skimming the sell zone until it makes up it’s mind which way it wants to go. Should it continue up to the .270 that would be 119 pips, however it appears it is ready to come back down instead.
HOURLY shows this pair has followed the up trend lines moving upwards with it. It is sitting just below the .270 at 110.062 – just 6 pips upward. If it went to the .618 that would be another 24 pips which is attainable. The rsi is in the buy zone and is pointing up ready to move to the sell zone.
February 12, 2020 Update
MONTHLY shows this pair inching up and down slowly upwards to the .270 at 9.45007 – 2,512 pips up. The rsi, however is in the sell zone and pointed down towards the buy zone and could show a movement down in the short term.
DAILY shows this pair has made a movement down crossing an up trend line, almost reaching the .236 but not quite. The rsi has just reached the buy zone but a look back shows this pair has a history of skimming along for quite awhile before it changes direction. This could indicate further movement down for this pair.
HOURLY shows this pair hit the 1.618 of the fib scale but just did not touch it, and made a nice movement up toward the down trend line and did not reach it either. The rsi is in the sell zone and is still pointing up, indicating there is more up movement to come yet. It looks like this pair will go up a bit yet and if it crosses the down trend line it will probably go to the .382 at 9.24592 – 202 pips up from the current position.
February 7, 2020
MONTHLY shows this pair trading within a range of 115.225 and 104.614. The rsi is just below the sell zone and should start to move down soon.
DAILY shows this pair following an up trend line and has just made a nice move up. The .270 at 111.198 is 130 pips up. With the rsi just below the sell zone, this pair should start to move down soon and possibly break through the up trend line.
HOURLY shows this pair has made a steady progression up and is just flirting below the .270 at 110.062 which is only 19 pips up and the .618 at 110.269 is only 41 pips further up. It appears to be headed down at the moment, however the rsi is in the buy zone and skimming along there. This indicates more down action, however this seems to be the pattern at the moment of moving down a few candles and then a large candle up.
MONTHLY shows this pair has been making a slow and stead progression upwards and is sitting just below the .270 at 9.45007 which is 2,291 pips above. The .618 is another 8,079 pips further up. The rsi is in the sell zone and appears to be ready to head down to the buy zone.
DAILY shows this pair has made a very nice movement up and is now in consolidation working it’s way up an up trend line. The rsi has left the sell zone and is 1/2 way to the buy zone.
HOURLY shows this pair trading in a range at the present between 9.25604 and 9.17345. The rsi is in the middle of the buy and sell zone, however looks ready to head back to the buy zone at the moment.