Analytics News and Market Forecast

S&P 500: bullish breakout. The price is on bullish market condition with the ranging within the following key support/resistance levels:
2134.42 key resistance level located above Ichimoku cloud in the bullish area of the chart, and
1863.12 key support level located below Ichimoku cloud in the bearish area of the chart.
The price is crossing 2094.04 resistance from below to above on weekly bar with 2134.42 as the next bullish target. Chinkou Span line is located near and below the price to be ready to cross it from below to above for good possible breakout. Absolute Strength indicator is estimating the bullish trend will be continuing in a good breakout way.
if the price breaks 2134.42 resistance so the bullish trend will be continuing without secondary ranging;


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Many analytics are talking about fundamental factors, about Fed hike in December or in March and so on. But there are good technical reasons to sell EUR/USD:
#1. Weekly price is below Ichimoku cloud.
The prise is on bearish market condition to be below Ichimoku cloud and below 'reversal' Sinkou Span line which is the border between the primary bearish and the primary bullish on the chart. This downtrend (bearish market condition) was started in July 2014 when ichimoku cloud was broken by the price from above to below, and no any way for the price to be reversed back to the bullish condition in this year and in 2016 for example.
#2. Chinkou Span line is crossing the price from above to below for good breakdown. It is already crossing so soon or later - we may see the breqakdown of the price movement. And 1.0807 support is going to be broken in easy way on close weekly bar.


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The MetaTrader trading platforms have been awarded in two categories at the Finance Magnates Awards 2015. The MetaTrader 4 and MetaTrader 5 trading platforms have become winners in the Best Trading Platform category, while MetaTrader iOS and Android have been named the Best Mobile Products.


The award ceremony was a final accord of the 2015 Finance Magnates Summit and took place in London on November 3. The event brought together over 1 500 financial industry specialists and executives from almost 500 companies representing Forex, binary options and financial technologies.



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The price is on bearish breakdown for crossing 1.0807 support level from above to below for the breakdown to be continuing with 1.0461 as the next bearish target.
W1 price is on primary bearish market:
The price is located to be below Ichimoku cloud/kumo and Sinkou Span line (which is the virtual border between the primary bullish and the primary bearish on the chart) for the bearish market condition.
Tenkan-sen line is below Kijun-sen line of Ichimoku indicator which is indicating the primary bearish condition to be continuing.
Chinkou Span line crossed the price from above to below for the breakdown.


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Morgan Stanley made weekly forecast for NZD/USD suggesting to sell this pair at 0.6500 level with 0.6350 as the target. Let's evaluate the situation related with this forecast in the technical point of view.
NZD/USD: breakdown with bearish reversal. This pair is on breakdown located to below 200 period SMA (200 SMA) - the price is breaking 100 period SMA (100 SMA) from above to below for the breakdown to be continuing. The nearest key support level is Fibo level at 0.6496, and if this level is broken so the price will be started to be reversed to the primary bearish market condition, and the bearish breakdown will be continuing. The nearest bearish target in case of short NZD/USD at 0.6500 is the trendline on triangle symmetric pattern located near 0.6350 for now.
There are the following news events which will be affected on NZD/USD price movement for the week:
2015-11-10 01:30 GMT | [CNY - CPI]
2015-11-10 20:00 GMT | [NZD - RBNZ Financial Stability Report]


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W1 price is located to be above Ichimoku cloud and above 'reversal' Sinkou Span line which is the virtual border between the primary bullish and the primary bearish on the chart. The price is crossing 8.7029 resistance level for the bullish breakout to be continuing with 8.8913 as the next bullish target.

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Morgan Stanley made weekly forecast for USD/CHF suggesting to buy at 1.0250 as take profit target with 0.9780 stop loss. Let's evaluate the situation related with this forecast with the technical point of view.
USD/CHF: breakout with multiply resistance levels to be crossed. This pair is on bullish breakout located to be above 200 period SMA (200 SMA) and 100 period SMA (100 SMA). The price is trying to break some symmetric triangle patterns, ascending triangle pattern and many resistance levels on the way to 1.0239 as the real bullish target in this case.
If the price breaks 1.0239 resistance from below to above to the bullish breakout will be continuing.
If the price breaks 0.9475 support from above to above to the bearish reversal may be started in the secondary ranging way.
There are the following news events which will be affected on USD/CHF price movement for this week:


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Ichimoku analysis.
Weekly price is on bullish condition for the secondary correction: the price is moved along 'reversal' Sinkou Span line which is the border between the bearish and the bullish on the chart. If the price will break 20975 resistance levels from below to above so the bullish trend will be condituing; if the price will break 16985 support level so we may see the reversal of the price movement to the bearish market condition; otherwise - ranging inside Ichimoku cloud.
Pivot Points.
The price is breaking R1 YR1 Pivot at 19117 from below to above for the bullish trend to be continuing. If the price will break this 19117 level on close weekly bar so we may see good bullish breakout; otherwise - ranging within R1 Pivot at 19117 and Central Pivot at 16483.
Instrument
S1 Pivot
Yearly PP
R1 Pivot
R2 Pivot
NX
14867
16483
19117


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W1 price is below Ichimoku cloud for the primary bearish with secondary ranging between 0.6911 support level and 0.7381 resistance level. The price is trying to break 0.7067 support level from above to below for the bearish breakdown to be continuing.
If the price will break 0.6911 support level so the bearish trend will be continuing in good breakdown way..
If the price will break 0.7381 resistance level from below to above so the secondary bear market rally will be started.
If not so the price will be ranging between the levels.
Recommendation for long: watch close W1 price to break 0.7381 for possible buy trade


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W1 price is continuing with bullish breakout after Norges Bank stated for intrerest rate to be unchanged. The price is above Ichimoku cloud and above 'reversal' Sinkou Span line which is the virtual border between the primary bullish and the primary bearish on the chart. The price crossed 8.6000 psy level for the bullish breakout to be continuing with 8.6498 resistance level to be crossing on weekly bar.
If the price will break 8.0355 support level so the reversal from the primary bullish to the primary bearish market condition will be started with the secondary ranging: the price will be located inside Ichimoku cloud.
If the price will break 8.6498 resistance level from below to above so the primary bullish breakout will be continuing.
If not so the price will be ranging between the levels.
Recommendation for long: watch close W1 price to break 8.6498 for possible buy trade


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