Analytics News and Market Forecast

Barclays Capital is considering selling NZD/USD into the RBNZ meeting, and this advice is based on fundamental analysis related to economists' view concerning RBNZ meeting on 9 December 2015:
2015-12-09 20:00 GMT | [NZD - Official Cash Rate]
2015-12-09 20:00 GMT | [NZD - RBNZ Monetary Policy Statement]
The reasons for this forecast made by Barclays are the following:
Many analysts are expecting for Reserve Bank of New Zealand to set the rate at 2.50% which is less than previous value at 2.75%. As we know - if actual value is less than forecast/previous value so it is bad for currency (for NZD in our case), and it means: more bearish for NZD/USD.


more...

Goldman Sachs revised their initial $40/bbl forecast for crude oil - they are considering the price to be as low as $20 a barrel in 2016. This updated forecast is based on approach from OPEC: the organization made no comment on adhering to country level quotas.
By the way, oil price is already in strong bearish market condition with 42.09 support level to be broken from above to below for the psy level at 40.00 and psy level at 30.00 as the next bearish target, so - $40/bbl forecast is more than real one in the near future for example. As to $20 a barrel in 2016: the price should break psy level at 30.00 first for the level at 20 to be real target in 2016. And it may be too early to make such a 'bold prediction' but anyway - we may see the price movement in Q1 2016 to confirm it or not for example.
Resistance
Support
54.27
40.00
69.57


more...

Morgan Stanley is going to recruit Credit Suisse Group AG’s U.S. brokers for Latin America: recruitment bonuses will be offered to 35 CS brokers who are managing the clients in the different latin America's countries. This employment is expected in the first half of 2016.
This is completele right decision because it was made in the time when the stocks are going to be recovered after breakdown:
the price broke Ichimoku cloud and reversed to the primary bearish market condition in July-Augist this year, and
the local uptrend as the bear market rally in the way of recovery was started in the beginning of October only.
Price is trying to break 'reversal' Sinkou Span line at 35.70 from below to above to come to the ranging zone. If this level is broken so the next bullish target will be 38.17 resistance level located above ichimoku cloud in the bullish area of the chart.


more...

The Royal Bank of Scotland estimated the most interesting pairs to trade and their directions of the price movement in a medium-term situation and for long-term in 2016.
The EUR/USD price was estimated as a short in a medium-term and for 2016 as well: second pivot support level (S3 Pivot) at 0.9344 is still can be considered as the long term target for this pair.
EUR/JPY will become more bearish in medium-term: the price is located between 100 period SMA and 200 period SMA with the ranging market condition, and RBS is expecting for this pair to break 200 SMA support value for the reversal from the primary bullish to the bearish market condition. Anyway, RBS is not expecting for this pair to be in strong bearish in 2016.
Medium-term:
Instrument


more...

UBS banker Michael Stock was employed by the Credit Suisse. Michael Stock becomes the head of investment banking and capital markets for Australia and New Zealand. As discovered by Street Talk Online, Stock can take the reins of Credit Suisse's investment banking team within the year having set to leap ship from Swiss rival UBS. Stock is is a managing director at UBS and head of the bank's financial sponsors and industrials coverage, and he is the best professional related to equity/media bankering.
By the way, this employment was make in the time when CS stocks are in global downtrend by the reversal from the primary bullish to the primary bearish market condition: the daily/weekly price is located between 100 period SMA and 200 period SMA for the ranging market condition waiting for direction. And weekly price is breaking 200 SMA for good possible breakdown to the primary bearish area of the chart.


more...

AUD/NZD: bullish ranging near bearish reversal area. The pair is bullish on market condition: price is located above Ichimoku cloud in the primary bullish area of the chart within the following key support/resistance levels:
1.1084 resistance level located above Ichimoku cloud in the beginning of the primary bullish area of the chart, and
1.0494 support level located far below Ichimoku cloud in the bearish area of the chart.
Chinkou Span line is located near and above the price which makes the reversal of the price movement from the primary bullish to the primary bearish market condition to be very likely in the near future.
There are 3 simple scenarios for the price movement:


more...

The price is located below Ichimoku cloud for the primary bearish area of the chart for the secondary ranging within the following key reversal s/r levels: Intermediate support/resistance levels for the price to go to the key reversal levels are the following:

more...

D1 price is on on breakout with bullish reversal for now:
price is breaking Ichimoku cloud to above to be reversed from the primary bearish to the primary bullish market condition;
Chinkou Span line broke the price from below to above for good breakout;
Absolute Strength indicator is estimating the bullish trend to be started and to continuing.
EUR/GBP price is breaking 0.7278 resistance level which is the key reversal level for the price to come to the bullish area of the chart with 0.7492 as the next bullish target.


more...

H4 price is on bullish market condition with the secondary correction: the price is traded near Ichimoku cloud and Sinkou Span line which is the virtual border between the primary bullish and the primary bearish on the chart. Chinkou Span line is located near the price for ranging market condition to be continuing, and Absolute Strength indicator is estimating the ranging condition for this pair as well.
Intra-day price is on range within the following key reversal support/resistance levels:
0.6724 resistance level located above Ichimoku cloud in the primary bullish area of the chart, and
0.6543 support level located below Ichimoku cloud in the primary bearish area.
Resistance


more...

The U.S. stock market is on six-year bull run and it will be continuing with the bullish trend into 2016, say Deutsche Bank analysts. As we see from the chart below - S&P 500 index was started the bullish way in the beginning of December 2009, and it was just a bear market rally within the primary bearish market condition. The price broke Ichimoku cloud to reverse to the primary bullish condition in the beginning of December 2010. And S&P 500 index is still going to uptrend with breaking the key resistance levels.


more...