Algorithmic Prediction for the EUR/USD Currency Pair
The actual movement of the EUR/USD currency pair is shown by the solid blue line. The algorithm’s 30-day and 90-day signals are represented by the thinner lines. When the signal spikes above the current price of the asset it’s tracking, the algorithm recommends buying that asset and when the signal drops below the current prince of the asset it’s tracking, the algorithm recommends selling that asset. When there is a strong signal in either direction (when the signal line is far above or below the stock price), the algorithm is telling us that it is very confident about the direction of its prediction. In the case of the EUR/USD currency pair, the algorithm has been recently showing strong positive signals.
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