Stock Information for USDJPY - 1d

#USDJPY #1d #Forex───────────

Ensemble model

• Overview: The synthetic investment attractiveness indicator equals 2 (out of +/-100). The model ensemble suggests trading will neither be attractive or unattractive.

Optimal past

• Optimal past: The optimal lookback period for modelling is currently 394 candles. The market is currently bullish, appreciating by 12.0% during the latest phase.

Elliot Waves

• Elliot Waves: The market's trend has changed and currently goes down.

• 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 0.6653% in the next candle, the price will fluctuate around 146.84 and with 95.0% probability will not go below 145.23 or above 148.44.

• BRW VaR at confidence level 95.0%: in the next candle, the price will fluctuate around 146.93 and with 95.0% probability will not go below 145.38 or above 148.06.

• Historical simulation at confidence level 95.0%: in the next candle, the price will fluctuate around 146.93 and with 95.0% probability will not go below 145.44 or above 148.06.

• Multifractal range at confidence level 95.0%: in the next 256 candles, the price will fluctuate around 149.82 and with 95.0% probability will not go below 104.22 or above 180.05.

• Fibonacci with seven retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 148.35 at the level of 61.8%. The nearest Fibonacci support is 144.15 at the level of 50.0%.

• Fibonacci with five retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 148.35 at the level of 61.8%. The nearest Fibonacci support is 144.15 at the level of 50.0%.

• Fibonacci with four retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 148.35 at the level of 61.8%. The nearest Fibonacci support is 139.95 at the level of 38.2%.

• MVaR bounds at confidence level 95.0%: in the next candle, the price will fluctuate around 146.94 and with 95.0% probability will not go below 145.33 or above 148.0.

Forecast

• MA model at confidence level 95.0%: the MA model forecasts a return of -0.0048% in the next candle, the price will fluctuate around 146.82 and with 95.0% probability will not go below 144.86 or above 148.79.

• AR model at confidence level 95.0%: the AR model forecasts a return of -0.0048% in the next candle, the price will fluctuate around 146.82 and with 95.0% probability will not go below 145.43 or above 148.21.

Stability Indicators

• Generalised extreme value: According to the indicator, the stability of the market is uncertain

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

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

• 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 no seasonal effects on the market.

Distribution analysis

• Best-fit distribution: Best-fit distribution has changed, and now it is Laplace

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Not investment advice.

#USDJPY #1d #trading #Distribution analysis