Stock Information for EURUSD - 60m
#EURUSD #60m #Forex───────────
Ensemble model * Overview: The synthetic investment attractiveness indicator equals 13 (out of +/-100). The model ensemble suggests that trading will tend to be attractive in the nearest future. The synthetic directional indicator equals 17 (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 594 candles. The market is currently bullish, appreciating by 1.0% 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 0.1147% 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.
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.
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.
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 1.03 or above 1.08.
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 1.04 at the level of 76.4%.
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%.
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%.
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 * MA model at confidence level 95.0%: the MA model forecasts a return of 0.0137% 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.
- AR model at confidence level 95.0%: the AR model forecasts a return of 0.0137% 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 * 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 market is unstable
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
───────────
Not investment advice.
#EURUSD #60m #trading #Distribution analysis