Analytics News and Market Forecast

Daily price is on primary bullish for secondary correction which was started in the beginning of the last week: the price is trying to break Ichimoku cloud from above to below with Chinkou Span line to be moved close to the price for good possible breakdown. The key resistance level for the bullish trend to be continuing is 1.1713; the key support level for the price to be fully reversed to the bearish market condition is 1.0807.
D1 price - correction:
Tenkan-sen line is above Kijun-sen line for bullish market condition.
Absolute Strength indicator's data is estimating the bullish ranging market condition.
Chinkou Span line is located above and near the price and indicating the breakdown to bearish reversal by direction.


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"While resistance at 1.1397 caps, the immediate risk is seen staying lower, and a conclusive break below 1.1214 would warn the recent break higher and completion of a base was "false", to target the 61.8% retracement level at 1.1155 next, then the 21- and 55-day averages at 1.1125/07."
"Resistance moves to 1.1308 initially, then 1.1364. Above the “neckline” to last week’s small top at 1.1397 is needed to turn attention back to the 1.1714 breakout high."
Credit Suisse runs a limit order to buy EUR/USD at 1.1108, with a stop at 1.1018 and a target at 1.1520.


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Morgan Stanley is continuing weekly forecast for the pairs based on fundamental analysis related to the direction of the trading. USD: Bullish."We see scope for USD strength to continue. However, we distinguish between the performance of USD against low yielding funding currencies, where we see less scope for depreciation, and against commodity currencies and EM,…

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Ichimoku analysis.Weekly price is on bearish market condition for the breakdown which was started 3 weeks ago: the price is crossing 16460.2 support level from above to below for the bearish breakdown to be continuing. Chinkou Span line crossed the price to below for good breakdown with 15190.0 and 14114.4 as the next bearish targets.…

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Gavin Andresen, Digital Currency Developer in MIT Media Lab, MIT Technology Review. He said the digital currency is going through huge turmoil and if it is not addressed well, it may just be doomed: transactions will become delayed, and the system of money now worth $3.3 billion will begin to die as its flakiness drives people away.
Gavin Andresen proposed the BitcoinXT as a solution to switch over if 75 percent of miners have adopted his fix after January 11, 2016, it will trigger a two-week grace period and then allow a “fork” of the blockchain with higher capacity. Bitcoin gets closer and closer to the limit, bad things start to happen: they would have to start paying higher and higher fees on transactions, and there will be a point where fees get high enough that people stop using Bitcoin.


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MetaTrader 4 web platform beta is released, and you are welcome to become one of its first users. To do this, you should have an MQL5.community account and a demo account on the MetaQuotes-Demo server.

The MetaTrader 4 web platform allows you to trade via any browser and operating system (Windows, Mac, Linux). No additional software is required — everything is done on the MQL5.community website. Access your account and start trading just in a couple of clicks.




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US Dollar - "The possibility of major surprises from global central bankers or US NFPs has pushed 1-week FX volatility prices near multi-month peaks, and the next several days promise to force meaningful shifts across financial markets. The fact that the Euro rallied and the Dollar tumbled as the S&P 500 sold off led many to claim the Euro was a new "safe-haven" currency. We think the opposite is true, but any renewed market turmoil could in fact lead more traders to dump USD-long positions and force Euro rallies. It will be critical to watch how markets open the week and begin trading into the first days of the new month."


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Daily price is on ranging market condition located inside Ichimoku cloud betweeb Sinkou Span A and Sinkou Span B lines. The key resistance level for the bullish trend to be continuing is 1174.90; the key support level for the price to be fully reversed to the bearish market condition is 1077.19.
D1 price - ranging:
Tenkan-sen line is above Kijun-sen line for bullish market condition.
Absolute Strength indicators data is estimating the secondary correction.
Chinkou Span line is located above and near the price to be ready to break the levels for any direction.


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M5 price is located below and near SMA with period 100 (100-SMA) and SMA with the period 200 (200-SMA) for trying to be reversed to the bearish market condition by breaking 1.1233 support level from above to below.

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Flootie.com (the artist marketing toolbox) has added the option for artists and art galleries to use Bitcoin to pay for subscription fees, with promises to support the artists through “Artists Forever” Grant Program directing “art supply” grants to grade school art classes is also for the innovation. So, now the artists will have a choice.
The founder of Flootie.com’s Dean Cameron: "In today’s world you lead, follow or get out of the way." Flootie claims more mainstream companies are beginning to accept Bitcoin as well so they can use it to buy art supplies. Cameron is of the view that his organization has created a separate registration sign up page for Bitcoin users that allows for an annual membership to be purchased. The subscribes to the concept of "Concentric Marketing" bringing the audience to the artists from several directions will now have additional payment option that is not just going to help them but save them money as well.


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