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Sentiment Index oscillates for some currency pairs
mrgidney
 Post subject: Sentiment Index oscillates for some currency pairs Post rating: 0   New post Posted: Thu 27 Feb, 2014, 08:54 

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Joined: Tue 01 Nov, 2011, 00:44
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Location: United Kingdom,
Hello,

Please can you explain why the Sentiment Index data for these currency pairs [AUDJPY, CHFJPY, NZDUSD, USDCHF, USDJPY] constantly oscillate in a very tight band; whilst for other currencies like the EUR/USD, USDCAD, GBPUSD, AUDCAD, AUDNZD, AUDUSD, EURAUD, EURCAD, EURGBP, EURJPY, GBPCHF, GBPJPY range.

I confirm that I am connecting my JForex using my LIVE account to get the data and that the data looks the same from within a JClient chart.
 
mrgidney
 Post subject: Re: Sentiment Index oscillates for some currency pairs Post rating: 0   New post Posted: Thu 03 Apr, 2014, 09:51 

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Joined: Tue 01 Nov, 2011, 00:44
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Location: United Kingdom,
It has just started to happen on the AUD/USD. If you look at a 30 Min chart then you can see that the SentimentBar has been moving up and down freely between 64 and 25 up until 01:30 01-04-2014. Since this time it has been trapped in a very tight band between 25 to 29.

I can not see any difference in Price Action behaviour before and after this time. It looks like the SentimentBar has gone wrong after this time.
 
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