Analytics News and Market Forecast

D1 price is below 200 day SMA and 100 day SMA for the primary bearish market condition with the secondary ranging between 87.50 key resistance level and 81.94 key support level:
100 day SMA is below 200 day SMA for the bearish trend to be continuing;
the price is breaking internediate support level at 84.62 on open daily bar for 81.94 as a next bearish target.
reversal key resistance level is 91.53 located on the border between the primary bearish and the primary bullish trend on the daily chart.
If the price will break 81.94 support level on close daily bar so the primary bearish trend will be continuing.


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W1 price is located to be above yearly Central Pivot at 114.36 and below R1 Pivot at 127.96:
The price is on bullish ranging between pivot level at 114.36 and R1 level at 127.96;
If weekly price will break R1 Pivot at 127.96 together with 125.85 intermediate resistance level so the primary bullish market condition will be continuing up to R2 Pivot value as the next bullish target, otherwise the price will be ranging within yearly Central Pivot and yearly R1;
If the price breaks 115.84 intermediate support level from above to below so the secondary correction will be started up to Central Pivot at 114.36 as a next bearish target.
Instrument
S1 Pivot
Yearly PP
R1 Pivot
USD/JPY
106.88
114.36
127.96
Trend:


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W1 price is above 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish market condition with the secondary ranging within 23.6% Fibo support level at 2.1172 and Fibo resistance level at 2.2383:
ascending triangle pattern was formed by the price to be crossed from below to above for the bullish trend to be continuing;
RSI indicator is estimating the possible bullish breakout in the future.
If the price will break 23.6% Fibo support level at 2.1172 on close weekly bar so the secondary correction will be started within the primary bearish market condition.
If the price will break Fibo resistance level at 2.2383 from below to above so the primary bullish trend will be continuing.


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W1 price is located far below yearly Central Pivot at 0.8556: Trend:

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W1 price is above 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish market condition with the secondary ranging within 38.2% Fibo support level at 1.9885 and Fibo resistance level at 2.0970:
the price is crossing 23.6% Fibo support level at 2.0309 from above to below for 38.2% Fibo support level at 1.9885 as the next target;
RSI indicator is estimating the secondary correction to be started in the near future.
If the price will break 38.2% Fibo support level at 1.9885 on close weekly bar so the secondary correction will be started within the primary bearish market condition.
If the price will break Fibo resistance level at 2.0970 from below to above so the primary bullish trend will be continuing.


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W1 price is located far above yearly Central Pivot at 1.1392:
the price is on bullish market condition for ranging between R2 Pivot level at 1.2568 and R3 Pivot level at 1.3352;
price is trying to cross R3 Pivot level at 1.3352 from below to above for good possible bullish breakout;
ascending triangle pattern was formed by the price to be broken from below to above for the bullish trend to be continuing;
if weekly price will break R3 Pivot level at 1.3352 on close weekly bar so the primary bullish market condition will be continuing, otherwise the price will be ranging within the levels.


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W1 price is located to be above 200 period SMA (200-SMA) and near 100 period SMA (100-SMA) on the border between the bullish/ranging condition. The price is moved between the following s/r levels:
1863.12 key support level located above 200-SMA and below 100-SMA (between 200-SMA and 100-SMA) with the ranging area of the chart;
2134.42 key resistance level located to be above 200-SMA and 100-SMA in the bullish area of the chart.
If the price will break 1863.12 key support level so the secondary correction will be started within the ranging bullish market condition.
If the price will break 2134.42 key resistance level from below to above so the bullish trend will be continuing.


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W1 price is below 200 period SMA (200-SMA) and below 100 period SMA (100-SMA) for the primary bearish market condition with the secondary ranging within Fibo support level at 0.6084 and 38.2% Fibo resistance level at 0.6737:
23.6% Fibo support level at 0.6469 was crossed by the price for Fibo support level at 0.6084 as a next bearish target;
descending triangle pattern was formed with 0.6084 support to be crossed by the price from above to below for the bearish trend to be continuing;
RSI indicator is estimating the bearish market condition.
If the price will break Fibo support level at 0.6084 so the primary bearish market trend will be continuing.


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Societe Generale is forecasting the ranging market condition for EUR/USD and USD/JPY, short for CHF/SEK and long-term short in GBP/JPY. In the short-term situation: shorts for USD/CAD and EUR/NOK.

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M5 price is located below SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) with primary bearish market condition: 100-SMA crossed 200-SMA for bearish breakdown, and the price is trying to break 1.1141 intermediate support level from above to below for the bearish trend to be continuing. The key reversal support/resistance…

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