Stock Information for EURUSD - 60m

#EURUSD #60m #Forex───────────

Ensemble model * Overview: The synthetic investment attractiveness indicator equals 21 (out of +/-100). The model ensemble suggests that trading will tend to be attractive in the nearest future. The synthetic directional indicator equals 13 (out of +/-100). The model ensemble suggests the market will tend to be bullish in the nearest future.

Optimal past * Optimal past: The optimal lookback period for modelling is currently 551 candles. The market is currently bullish, appreciating by -0.0% during the latest phase.

Elliot Waves * Elliot Waves: The market's trend has changed and currently goes up.

  • Elliot Waves Settings: Elliot Waves were updated. The current wavelength is 55.

Price Bound Modelling * HAR model at confidence level 95.0%: the HAR model forecasts volatility of 0.0939% in the next candle, the price will fluctuate around 1.04 and with 95.0% probability will not go below 1.04 or above 1.04.

  • BRW VaR at confidence level 95.0%: in the next candle, the price will fluctuate around 1.04 and with 95.0% probability will not go below 1.04 or above 1.04.

  • Historical simulation at confidence level 95.0%: in the next candle, the price will fluctuate around 1.04 and with 95.0% probability will not go below 1.04 or above 1.04.

  • Multifractal range at confidence level 95.0%: in the next 256 candles, the price will fluctuate around 1.04 and with 95.0% probability will not go below 1.02 or above 1.08.

  • Fibonacci with seven retracements: the price is likely to rebound upward from the nearest Fibonacci support of 1.04 at the level of 61.8%. The nearest Fibonacci resistance is 1.04 at the level of 76.4%.

  • Fibonacci with five retracements: the price is likely to rebound upward from the nearest Fibonacci support of 1.04 at the level of 61.8%. The nearest Fibonacci resistance is 1.05 at the level of 100.0%.

  • Fibonacci with four retracements: the price is likely to rebound upward from the nearest Fibonacci support of 1.04 at the level of 61.8%. The nearest Fibonacci resistance is 1.05 at the level of 100.0%.

  • MVaR bounds at confidence level 95.0%: in the next candle, the price will fluctuate around 1.04 and with 95.0% probability will not go below 1.04 or above 1.04.

Forecast * MA model at confidence level 95.0%: the MA model forecasts a return of 0.0025% in the next candle, the price will fluctuate around 1.04 and with 95.0% probability will not go below 1.04 or above 1.04.

  • AR model at confidence level 95.0%: the AR model forecasts a return of 0.0025% in the next candle, the price will fluctuate around 1.04 and with 95.0% probability will not go below 1.04 or above 1.04.

Stability Indicators * Generalised extreme value: According to the indicator, the market is stable

  • Power law: According to the indicator, the stability of the market is uncertain

  • Student degrees of freedom: According to the indicator, the stability of the market is uncertain

  • Tukey lambda: According to the indicator, the stability of the market is uncertain

Seasonality test * Seasonality test: According to the generalised seasonality test, there are seasonal effects on the market with cycle periodicity 37.

Distribution analysis * Best-fit distribution: Best-fit distribution has changed, and now it is Power

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Not investment advice.

#EURUSD #60m #trading #Distribution analysis