THE VULCAN REPORT
Review of Euro Currency (EUR/USD)
as of Tuesday, June 22, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 5 white "UP" candles and 5 black "DOWN" candles.
During the past 50 bars, there have been 20 white "UP" candles and 28 black "DOWN" candles for a net of 8 black (DOWN) candles.
Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.
PulseScan Swing Vix Swing Index
PulseScan: 30.37
Swing Vix: 30.27
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed above the Swing Vix 8 period(s) ago.
The Swing Vix is above 29. This is where it usually forms Resistance. The Swing Vix usually forms Resistance before the underlying security. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Sold Buy 8 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the Swing Vix crossed its moving average, Euro Currency's price has increased 1.22% , and has ranged from a high of 1.2465 to a low of 1.1956.
MARKET TREND
Currently the TREND is - Down.
Today's Trend Momentum reading for Euro Currency is:
\Bearish
The close is currently Below it's Long Term period moving average. 1.3509
The close is currently Below it's Intermediate Term period moving average. 1.2652
The close is currently Above it's Short Term period moving average. 1.2290
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/22/2010, Euro Currency closed
below the upper band by 38.0%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay 1st PulseWave Consolidation Break-Down SHORT - 1.2205
Profit Target 1.1985
Stop Loss/Stop & Reverse 1.2311
INTRADAY PRICE PROJECTIONS
RESISTANCE 1.2330
SUPPORT 1.2274
Watch for possible TREND REVERSAL breakout longs - from 1.2465
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
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THE VULCAN REPORT
Review of AUD/USD - US DOLLAR AUSSIE (AUD/USD)
as of Tuesday, June 22, 2010
CHART PATTERNS
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 7 white "UP" candles and 3 black "DOWN" candles for a net of 4 white (UP) candles.
During the past 50 bars, there have been 23 white "UP" candles and 25 black "DOWN" candles for a net of 2 black (DOWN) candles.
PulseScan Swing Vix Swing Index
PulseScan: 41.52
Swing Vix: 42.61
The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 0 period(s) ago.
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Sold Buy 22 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the Swing Vix crossed its moving average, AUD/USD - US DOLLAR AUSSIE's price has been unchanged, and has ranged from a high of 88.2900 to a low of 87.1100.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for AUD/USD - US DOLLAR AUSSIE is:
Very Bullish\
The close is currently Above it's Long Term period moving average. 87.3650
The close is currently Above it's Intermediate Term period moving average. 87.2396
The close is currently Above it's Short Term period moving average. 85.7175
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/22/2010, AUD/USD - US DOLLAR AUSSIE closed
below the upper band by 17.5%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
INTRADAY PRICE PROJECTIONS
RESISTANCE 88.0245
SUPPORT 87.3755
Watch for possible TREND REVERSAL breakout longs - from 85.2100
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
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THE VULCAN REPORT
Review of USD/JPY - US DOLLAR YEN (USD/JPY)
as of Tuesday, June 22, 2010
CHART PATTERNS
A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trendline, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area.
During the past 10 bars, there have been 3 white "UP" candles and 6 black "DOWN" candles for a net of 3 black (DOWN) candles.
During the past 50 bars, there have been 20 white "UP" candles and 25 black "DOWN" candles for a net of 5 black (DOWN) candles.
PulseScan Swing Vix Swing Index
PulseScan: -27.78
Swing Vix: -23.32
The Market Pulse is negative since it is trading below its signal line.The PulseScan crossed below the Swing Vix 9 period(s) ago.
The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Bought Sell 38 period(s) Ago.
The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.
Since the Swing Vix crossed its moving average, USD/JPY - US DOLLAR YEN's price has decreased 0.78%, and has ranged from a high of 92.1000 to a low of 90.2900.
MARKET TREND
Currently the TREND is Bearish-Retracement- Down.
Today's Trend Momentum reading for USD/JPY - US DOLLAR YEN is:
\Very Bearish
The close is currently Below it's Long Term period moving average. 91.2850
The close is currently Below it's Intermediate Term period moving average. 91.6042
The close is currently Below it's Short Term period moving average. 91.3140
Trend Strength
Bearish Consolidation
VOLATILITY
On 6/22/2010, USD/JPY - US DOLLAR YEN closed
above the lower band by 18.2%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Swing Vix SHORT ENTRY :
Possible IntraDay 2nd PulseWave Break-Down Continuation SHORT - 90.2810
Profit Target 87.5400
Stop Loss/Stop & Reverse 90.7815
WARNING - Possible Inside Day/Bearish Retracement
INTRADAY PRICE PROJECTIONS
RESISTANCE 90.9245
SUPPORT 90.4955
Watch for possible TREND REVERSAL breakout longs - from 92.1000
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
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THE VULCAN REPORT
Review of USD/CAD (USD/CAD)
as of Tuesday, June 22, 2010
CHART PATTERNS
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 4 white "UP" candles and 6 black "DOWN" candles for a net of 2 black (DOWN) candles.
During the past 50 bars, there have been 27 white "UP" candles and 21 black "DOWN" candles for a net of 6 white (UP) candles.
PulseScan Swing Vix Swing Index
PulseScan: -36.66
Swing Vix: -38.20
The Market Pulse is negative since it is trading below its signal line.The PulseScan crossed above the Swing Vix 0 period(s) ago.
The Trend Channel is UP! (i.e. Positive Swing Vix) This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum is entering the market. Expect sideways to lower prices within the next 3-5 days
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Sold Buy 0 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.
The Swing Vix and price are not diverging.
Since the Swing Vix crossed its moving average, USD/CAD's price has been unchanged, and has ranged from a high of 1.0294 to a low of 1.0180.
MARKET TREND
Currently the TREND is Bullish-Retracement- Up.
Today's Trend Momentum reading for USD/CAD is:
\Very Bearish
The close is currently Below it's Long Term period moving average. 1.0447
The close is currently Below it's Intermediate Term period moving average. 1.0339
The close is currently Below it's Short Term period moving average. 1.0354
Trend Strength
Bullish Consolidation
VOLATILITY
On 6/22/2010, USD/CAD closed
above the lower band by 29.4%.
PANDORA'S LITTLE BLACK BOX
PulseScan LONG ENTRY :
Possible IntraDay 1st PulseWave Consolidation Break-Out - 1.0362
Profit Target 1.0597
Stop Loss/Stop & Reverse 1.0227
INTRADAY PRICE PROJECTIONS
RESISTANCE 1.0268
SUPPORT 1.0206
Watch for possible TREND REVERSAL breakout shorts - from 1.0137
Swing Vix SHORT ENTRY :
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
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