Analytics News and Market Forecast

USD/JPY: bullish. This pair is on bullish market condition with the ranging between 121.69 key support level and 125.85 key resistance level. The price is trying to break two ascending triangle patterns for the breakout to be started. We think that 125.85 resistance can be a good bullish target for the next week. And if the price breaks 125.85 so we can get re-entry with this situation.
There are the following news events which will be affected on USD/JPY price movement for the coming week:
2015-08-25 15:00 GMT (or 17:00 MQ MT5 time) | [USD - CB Consumer Confidence]
2015-08-26 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Durable Goods Orders]
2015-08-27 13:30 GMT (or 15:30 MQ MT5 time) | [USD - GDP]


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UBS Group AG made technical forecast for EUR/USD, USD/CHF and NZD/USD. This technical forecast may be valid for today and tomorrow and related to the trading strategies which aee using UBS itself for example.
EUR/USD: "We recommend playing a cautious long for a test of the higher end of recent range of 1.0800-1.1200." As we see from the chart - this long is already going on with 1.1461 as a final bullish target for the end of the week. By the way, the more real intra-day target is 1.1213 which is intermediate resistance on the way to the bullish breakout for example.


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W1 price is on primary bearish with secondary ranging: key support level is 0.7234 as a good bearish target.
Descending triangle pattern was fomed by the price with 0.7234 support to be crossed for the bearish trend.
Tenkan-sen line is below Kijun-sen line of Ichimoku indicator which is indicating the primary bearish market condition in the future.
Chinkou Span line is located below the price for the possible breakdown.
Nearest key support level is 0.7234.


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GBP/NZD: bullish. The pair is on bullish condition for the ranging between 2.2671 key support level and 2.4021 key resistance level. Tenkan-sen line is far above Kijun-sen line of Ichimoku indicator for the bullish trend to be continuing. We think that 2.4021 may be good bullish target for the next week. Besides, if the price breaks this target from eblow to above so we may see good breakout of the price movement up to the next key resistance level for example.
There are the following news events which will be affected on GBP/NZD price movement for the coming week:
2015-08-25 04:00 GMT (or 06:00 MQ MT5 time) | [NZD - Inflation Expectations]
2015-08-25 15:00 GMT (or 17:00 MQ MT5 time) | [USD - CB Consumer Confidence]
2015-08-25 23:45 GMT (or 01:45 MQ MT5 time) | [NZD - Trade Balance]


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Weekly price for CAC 40 Index (French stock market index) is on bullish for the secondary ranging market condition. Price is located between 5267.5 key resistance level and 4597.5 key support level.
The price was on strong bullish condition since January this year till the middle of April this year, with ranging condition to be started since end of April till now. Intermediate support level for CAC 40 is 4858.0 which is the border between the secondary ranging and the secondary correction: if the price breaks this level from above to below so the local downtrend as the correction will be started up to the key support level (4597.5). If the price breaks 4597.5 key support - we may see the reversal to the primary bearish.
Chinkou Span line is located to be above the price and indicating the future possible breakdown for correction.


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First Bitcoin academy in the African continent is to play important role in the study of cryptocurrency and it has opened its doors for organizations and individuals to learn more about Bitcoin and Blockchain. The Bitcoin Academy is located at the Bandwidth Barn in Woodstock, Cape Town and was founded by Sonya Kuhnel. By the way, the founder Sonya Kuhnel is not new to Bitcoin industry: she started a Bitcoin payment company and she is now turning attention to the training the others.

The academy offers three courses for now ranging at users from beginners started with an introduction to Bitcoin to development of the products:
basics of Bitcoin;
the blockchain;


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W1 price is located above 200 period SMA (200-SMA) and above 100 period SMA (100-SMA) for the primary bearish market condition: the price was stopped by Fibo resistance level at 1.3213:
the price is traded near 1.3213 resistance level for trying to break it for the bullish breakout;
data of RSI indicator is estinating the primary bullish with oversold condition and with good possibility to bullish breakout;
"following the breakout last month above the 2009 high the broader technical outlook is generally favorable with a move through 1.3212 needed to break the current impasse and unlock a medium-term run higher towards the 61.8% retracement of the 2002 – 2007 decline near 1.3500";


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Skandinaviska Enskilda Banken estimated the most strength pairs to trade for the next week: EUR/CAD, EUR/AUD and NZD/USD:
"Trends EUR is in a strong uptrend as EUR crosses are found among the top 9 trends. Stretches. The most stretched currency pairs are EUR/CAD (upside stretch) and NZD/USD (downside stretch)."
"These should be extra sensitive for triggers of corrections e.g. data surprises. The currency pair with largest volatility compared to its average volatility is currently EUR/AUD."
"This makes it a less attractive trend trade even if the trend in itself is among the top 3 trends."
Let's evaluate those pairs concerning the direction and strength factor of the trend.


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Int'l financial institutions are continuing to analyse the situation with the USD after FOMC Meeting Minutes, and "developments" in China, Greece and commodities.
Barclays is talking about market inflows of $91bn the past six weeks: "Money market inflows of $91bn the past six weeks signal considerable risk aversion. Composite equity positioning has declined notably and is now modestly underweight, corroborating the view that cash levels have been increased.
As investors prepare for the last four months of the year and that pent-up cash likely gets put back to work, we highlight a few of the key signals that we are watching across macro, market and positioning measures that seemingly point to a bottoming in select growth and growthlinked assets. However, China remains an overhang on those assets that are most exposed to further slowing and CNY depreciation."
About Fed hike:


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W1 price is located just below 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bearish market condition: the price is ranging between 38.2% Fibo support level at 1.5408 and Fibo resistance level at 1.5929:

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