Stock Information for USDJPY - 3h

#USDJPY #3h #Forex───────────

Ensemble model * Overview: The synthetic investment attractiveness indicator equals 16 (out of +/-100). The model ensemble suggests that trading will tend to be attractive in the nearest future. The synthetic directional indicator equals 39 (out of +/-100). The model ensemble predicts that the market will be bullish in the nearest future.

Optimal past * Optimal past: The optimal lookback period for modelling is currently 585 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 0.1934% in the next candle, the price will fluctuate around 151.78 and with 95.0% probability will not go below 151.3 or above 152.26.

  • BRW VaR at confidence level 95.0%: in the next candle, the price will fluctuate around 151.81 and with 95.0% probability will not go below 151.21 or above 152.23.

  • Historical simulation at confidence level 95.0%: in the next candle, the price will fluctuate around 151.81 and with 95.0% probability will not go below 151.27 or above 152.23.

  • Multifractal range at confidence level 95.0%: in the next 256 candles, the price will fluctuate around 152.3 and with 95.0% probability will not go below 144.07 or above 158.09.

  • Fibonacci with seven retracements: the price is likely to rebound upward from the nearest Fibonacci support of 151.06 at the level of 23.6%. The nearest Fibonacci resistance is 152.55 at the level of 38.2%.

  • Fibonacci with five retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 152.55 at the level of 38.2%. The nearest Fibonacci support is 148.64 at the level of 0.0%.

  • Fibonacci with four retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 152.55 at the level of 38.2%. The nearest Fibonacci support is 148.64 at the level of 0.0%.

  • MVaR bounds at confidence level 95.0%: in the next candle, the price will fluctuate around 151.81 and with 95.0% probability will not go below 151.26 or above 152.19.

Forecast * MA model at confidence level 95.0%: the MA model forecasts a return of 0.0071% in the next candle, the price will fluctuate around 151.81 and with 95.0% probability will not go below 151.14 or above 152.48.

  • AR model at confidence level 95.0%: the AR model forecasts a return of 0.0071% in the next candle, the price will fluctuate around 151.81 and with 95.0% probability will not go below 151.33 or above 152.28.

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 market is stable

  • Tukey lambda: According to the indicator, the market is stable

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 Hyperbolic secant

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Not investment advice.

#USDJPY #3h #trading #Distribution analysis