Analytics News and Market Forecast

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 70.41 and 50.0% Fibo resistance level at 81.37:
23.6% Fibo support level at 75.66 is going to be crossed by the price from above to below for Fibo support level at 70.41 as the next bearish target;
Fibo support level at 70.41 is located on the primary bearish area of the chart to be below 100-SMA/200-SMA;
50.0% Fibo resistance level at 81.37 is located between 100-SMA and 200-SMA in the ranging area of the chart within the primary bullish market condition;
descending triangle pattern was formed with 70.41 support to be crossed by the price from above to below for the bearish trend to 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 0.8293 and 38.2% Fibo resistance level at 0.8794:
the price was ranging between 100-SMA and 200-SMA since end of May this year, and 200-SMA was broken by price from above to below in the end of August so the price came to the bearish area of the chart;
price is ranging for now between Fibo support level at 0.8293 and 38.2% Fibo resistance level at 0.8794: if 0.8293 support level is broken so the bearish market condition will be continuing; if 0.8794 is broken so we may see the reversal of the price movement to the ranging bullish market condition;
RSI indicator is estimating ranging bearish.
If the price will break Fibo support level at 0.8293 so the primary bearish trend will be continuing.


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W1 price is below 200 period SMA (200-SMA) and above 100 period SMA (100-SMA) for bearish ranging market condition located within 38.2% Fibo support level at 1.0955 and Fibo resistance level at 1.1528:
the price is ranging to be around 23.6 Fibo level at 1.1173;
38.2% Fibo support level at 1.0955 and Fibo resistance level at 1.1528 are located between 100-SMA and 200-SMA for the ranging market condition;
RSI indicator is estimating ranging condition to be continuing.
If the price will break 38.2% Fibo support level at 1.0955 so the primary bearish trend will be continuing.


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This trading week was ended with some interesting results and setups for for Gold (XAU/USD). So, let's describe the interesting moments for this pair. ------------------ D1 price was on primary bullish market condition with secondary ranging: the price was inside Ichimoku cloud. Key resistance level at 1141.46 was broken by price from below to above…

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Bitcoin storage expert KeepKey has began hardware wallet which is now available for $239. Founder Darin Stanchfield further compared their security features to those offered by big banks, and stated:
"Our guiding principle is to empower individuals and organizations with bank-grade bitcoin security. This is what our device does, and it is simple to use. Other products that are available require a high level of sophistication to operate. With KeepKey, it is very difficult to do the wrong thing."
According to KeepKey’s press release, their wallet allows users to enjoy the full ownership of their private keys.
"The user approves the transaction with a confirmation button on the device,” the press release explained. “The signed transaction is then sent to the connected computer and transmitted to the bitcoin network."


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Fundamentals for EUR/USD: neutral. "Draghi and other ECB members were unable to provide new information on policy tools they could use, so the EUR weakness (as markets priced in a deposit rate cut) was limited. This was followed by back-to-business for the EUR and its inverse correlation with risk appetite. As markets continue to be…

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Daily price is on ranging market condition located between bearish and bullish area of the chart with the following key support/resistance levels:
1.1713 key resistance level located far above Ichimoku cloud in the primary bullish area of the chart;
1.0847 key support level located far below Ichimoku cloud in the primary bearish area of the chart.
Intermediate s/r levels for this pair on the way to the key s/r are the following: 1.1459 bullish resistance and 1.1016 bearish support level.
D1 price - ranging:


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W1 price is located below yearly Central Pivot at 0.8556 and below S1 Pivot at 0.7609 for the primary bearish market condition with the secondary ranging:
the price is breaking S2 Pivot at 0.7129 from above to below on close weekly bar for S3 Pivot at 0.6181 as a next bearish target;
descending triangle patterns were formed by the price with 0.7037 and 0.6907 support levels to be broken for the possible bearish breakdown;
'The AUDUSD is threatening to breakout to new weekly lows this Thursday. As of the US Open the pair has already tested the S4 Camarilla pivot, found at a price of .6943. In the event that the pair trades below this value, it would be considered a bearish breakout. So far, the AUDUSD has declined in the three previous trading sessions, and a breakout here would be the third bearish breakout in the four previous trading sessions. If prices continue to decline, traders may use a 1x extension of today’s 56 pip range to measures a preliminary pricing target. As measured fr


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Fundamentals for EUR/GBP: neutral. "We like buying EURGBP as the pair will be supported in times of risk-off. The trade does well for three reasons. First, the current account deficit works against GBP in times of risk-off. Second, UK data have weakened relative to EMU recently. Finally the UK runs a high fiscal multiplier, suggesting the proposed austerity plans could weaken economic prospects and so inherently the GBP outlook."
Technicals for EUR/GBP: breaking Ichimoku cloud for bullish reversal. This pair is on bear market rally since the middle of August this year: price broke some intermediate resistance levels for local uptrend to came to be in very close way to Ichimoku cloud and 'reversal' Sinkou Span line. The price is trying to break Ichimoku cloud from below to above for the reversal from the primary bearish to the primary bullish market condition with the secondary ranging. The key support/resistance levels for this pair are the following:


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Daily price broke Ichimoku cloud from below to above on Friday with good bullish breakout and came to the bullish area of the chart: price was stopped by 1156.65 resistance level for the ranging market condition with the following key support/resistance levels:
1170.06 key resistance level located far above Ichimoku cloud in the primary bullish area of the chart;
1098.68 key support level located far below Ichimoku cloud in the primary bearish area of the chart.
Daily price broke Ichimoku cloud today once again from above to below on open bar to be inside the cloud for the ranging market condition. Intermediate s/r levels for this pair on the way to the key s/r are the following: 1156.65 bullish resistance and 1121.25 bearish support level.
D1 price - ranging bullish:


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