Battle between Bulls & Bear for Both USDJPY & EURUSD
|The charts are the short term bull bear series that I use to determine when a is reversing. Both pairs however are just sitting on the fence with no clear winner. The EUR bull model (bottom) is outperforming the bear but only small margins. The JPY bear has slipped over the past day and appears ready to see the pair rally so look for a short term pop in the JPY but be trading oriented with small ups and downs.
About the Bull/ Bear Algos – The bull bear short term algos are two trading systems that are short term oriented but each one is biased to a particular trend. The chart on the top is the Bear biased algo which means it tends to perform well in downward, choppy markets. The chart on the bottom is the bull biased algo and it tends to perform best when the trend is up and the market is choppy. The biased algo’s are also great for identifying when short term trends are about to change because the ALGO trends will begin to reverse. For more info on how to understand ALGO trends please visit The Index Strategist for background. These bull bear charts are available for EURUSD, USDJPY, Emini S&P, US 30 Yr Bonds, OIL and GOLD.
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