Analytics News and Market Forecast

Ichimoku analysis.
Weekly price is on bullish market condition for the ranging near bearish reversal area of the chart: the price is located near and above Ichimoku cloud and 'reversal' Sinkou Span line which is the border between the primary bullish and the primary bearish on the chart. There are the following key reversal support/resistance levels for the price for now:
2134.42 resistance level located above Ichimoku cloud in the bullish area of the chart; if the price breaks this level from below to above so the bullish trend will be continuing; and
1863.12 support level located below Ichimoku cloud in the bearish area of the chart; if the price breaks this level to below so the price will be reversed from the primary bullish to the primary bearish market condition.
Absolute Strength indicator is estimating the bullish trend to be continuing in the future.


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W1 price is located to be above yearly Central Pivot at 114.36 and below R1 Pivot at 127.96 in the primary bullish area of the chart:
The price is on bullish ranging between Central Pivot level at 114.36 and R1 level at 127.96;
The price is breaking 123.59 resistance for 125.85 as the next bullish target;
If weekly price will break R1 Pivot at 127.96 so the primary bullish market condition will be continuing up to R2 Pivot value as the new top in this situation, otherwise the price will be ranging within yearly Central Pivot and yearly R1.
Instrument
S1 Pivot
Yearly PP
R1 Pivot
USD/JPY
106.88
114.36
127.96
Trend:
W1 - ranging bullish


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W1 price is located above 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bullish with secondary ranging between 100.39 resistance level and 93.81 support level. The price broke intermediate resistance from below to above for psy level at 100.00 as the next bullish target. Bearish reversal level for the price is 85.84, and if the price breaks this support level to below so the reversal of the price movement to the bearish market condition will be started.
If the price will break 93.81 support level so we may see the ranging correctional movement within the primary bullish.
If the price will break 100.39 resistance from below to above so the primary bullish trend will be continuing with good possible breakout of the price movement.
If not so the price will be on bullish ranging condition within the levels.
Trend:


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W1 price is on bullish market condition with the secondary ranging: the price is located to be above Ichimoku cloud for trying to break 6.4148 resistance level for 6.4428 as the next bullish target. Absolute Strength indicator is estimating the ranging condition to be continuing.
There are the following support/resistance levels for this pair:
The nearest resistance levels are 6.4148 and 6.4428.
The nearest support levels are 6.3147 and 6.1858.
If the price will break 6.4428 resistance level so the primary bullish trend will be continuing.
If the price will break 6.3147 support resistance level from above to below so the secondary correction within the primary bullish trend will be started with the good possibility to the reversal of the price movement to the primary bearish market condition.
If not so the price will be ranging between the levels.
Recommendation for long: watch the price to break 6.4428 for possible buy trade


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AUD/USD: ranging bearish. The pair is located below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the primary bearish market condition for the ranging within the following key bearish levels:
0.7381 resistance level, and
0.6907 support level.
The price is located inside symmetric triangle pattern for crossing it ot below or to above forthe direction of the trend.
if the price breaks 0.7381 resistance so we may see the local uptrend as the secondary market rally within the primary bearish market condition;


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NZD/JPY: bullish ranging on reversal. The pair is on bullish market condition located above Ichimoku cloud in the primary bullish area of the chart near the reversal bertween the primary bearish and the primary bullish area of the chart. The price is ranging within the following key reversal support/resistance levels:

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XAU/USD: bearish breakdown. The pair is on bearish market condition located to be below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) in the primary bearish area of the chart. The price is breaking 1077.19 support level on open weekly bar from above to below for the bearish trend to be continuing with 1064.52 and 1050.00 as the next bearish targets.
There are the following news events which will be affected on XAU/USD price movement for the week:
2015-11-25 13:30 GMT | [USD - Core Durable Goods Orders]
2015-11-26 23:30 GMT | [JPY - National Core CPI]
2015-11-27 09:30 GMT | [GBP - GDP]


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NZD/USD: ranging bearish. The pair is located below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the primary bearish market condition for the ranging within the following key bearish levels:
0.6895 resistance level, and
0.6102 support level.
The price broke symmetric triangle pattern for the bearish trend to be continuing.
if the price breaks 0.6895 resistance so we may see the local uptrend as the secondary market rally within the primary bearish market condition;


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Barclays Capital made fundamental forecast for USD/JPY suggesting to buy with the target to be near 125.85. Let's evaluate this forecast concerning the technical point of view. USD/JPY: possible bullish breakout. The price is located to be above 100 period SMA (100 SMA) and above 200 period SMA (200 SMA) in the primary bullish market…

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Barclays Capital made a fundamental fiorecast for AUD/USD estimating the bearish targets for the price: first target is 0.7015, and the second target is near 0.6935/0.6895. As this forecast related to fundamental analysis so let's evaluate this forecast concerning the technical point of view using Metatrader and support/resistance lines.
AUD/USD: bearish ranging waiting for breakdown. The price is on primary bearish market condition located below below 100 period SMA (100 SMA) and below 200 period SMA (200 SMA) in the bearish area of the chart. The price is within the following key support/resistance levels:
0.8162 resistance level located near 100 SMA on the border between the primary bearish and the primary bullish trend on the chart, and


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