Stock Information for EURUSD - 60m
#EURUSD #60m #Forex───────────
Ensemble model
- Overview: The synthetic investment attractiveness indicator equals 17 (out of +/-100). The model ensemble suggests that trading will tend to be attractive in the nearest future. The synthetic directional indicator equals 23 (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 304 candles. The market is currently bullish, appreciating by 1.0% during the latest phase.
Elliot Waves
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Elliot Waves: The market's trend has changed and currently goes down.
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Elliot Waves Settings: Elliot Waves were updated. The current wavelength is 55.
Price Bound Modelling
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HAR model at confidence level 95.0%: the HAR model forecasts volatility of 0.0841% in the next candle, the price will fluctuate around 1.05 and with 95.0% probability will not go below 1.05 or above 1.05.
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BRW VaR at confidence level 95.0%: in the next candle, the price will fluctuate around 1.05 and with 95.0% probability will not go below 1.05 or above 1.05.
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Historical simulation at confidence level 95.0%: in the next candle, the price will fluctuate around 1.05 and with 95.0% probability will not go below 1.05 or above 1.05.
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Multifractal range at confidence level 95.0%: in the next 256 candles, the price will fluctuate around 1.05 and with 95.0% probability will not go below 1.01 or above 1.09.
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Fibonacci with seven retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 1.05 at the level of 100.0%. The nearest Fibonacci support is 1.05 at the level of 76.4%.
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Fibonacci with five retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 1.05 at the level of 100.0%. The nearest Fibonacci support is 1.04 at the level of 61.8%.
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Fibonacci with four retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 1.05 at the level of 100.0%. The nearest Fibonacci support is 1.04 at the level of 61.8%.
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MVaR bounds at confidence level 95.0%: in the next candle, the price will fluctuate around 1.05 and with 95.0% probability will not go below 1.05 or above 1.05.
Forecast
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MA model at confidence level 95.0%: the MA model forecasts a return of 0.0335% in the next candle, the price will fluctuate around 1.05 and with 95.0% probability will not go below 1.05 or above 1.05.
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AR model at confidence level 95.0%: the AR model forecasts a return of 0.0335% in the next candle, the price will fluctuate around 1.05 and with 95.0% probability will not go below 1.05 or above 1.05.
Stability Indicators
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Generalised extreme value: According to the indicator, the market is stable
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Power law: According to the indicator, the stability of the market is uncertain
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Student degrees of freedom: According to the indicator, the stability of the market is uncertain
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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 Power
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Not investment advice.
#EURUSD #60m #trading #Distribution analysis
Posted Feb 21, 2025, 7:52 AM UTC