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Sergey Golubev, 2016.04.12 07:35
Forecast for Q2'16 - levels for GBP/USD
Sergey Golubev, 2016.04.08 11:19
GBP/USD M5: pips price movement by U.K. CPI news event :
Forecast for Q2'16 - levels for Brent Crude Oil
Sergey Golubev, 2016.04.12 09:47
Crude Oil Technical Analysis 2016, 10.04 - 17.04: bullish daily breakout with 43 resistance as the bullish target to re-enter
Daily price is on bullish breakout to be located above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. The price is breaking 43.00 resistance level to above for the bullish trend to be continuing. The bearish reversal level at 37.23 is located to be inside Ichimoku cloud, but, anyway - Absolute Strength indicator is estimating the bullish trend to be continuing in the near future so the bearish daily reversal is very unlikely in this situation for example.
If D1 price will break 37.23
support level on close bar so the reversal of the price movement from the primary bullish to the ranging bearish market condition will be started with 31.78 level to re-enter.If D1 price will break 43.00
resistance level on close bar from below to above so the bullish trend will be continuing.If not so the price will be on ranging within the levels.
SUMMARY : daily bullish breakout
Sergey Golubev, 2016.04.13 07:14
EUR/USD Intra-Day Fundamentals: U.S. Federal Budget Balance and 26 pips price movement
2016-04-12 18:00 GMT | [USD - Federal Budget Balance]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Federal Budget Balance] = Difference in value between the federal government's income and spending during the previous month.
EUR/USD M5: 26 pips price movement by Federal Budget Balance news event
Forecast for Q2'16 - levels for EUR/USD
Sergey Golubev, 2016.04.13 10:06
EURUSD Intra-Day Technical Analysis - ranging correction to the bearish reversal
is located to be inside Ichimoku cloud for the ranging correction condition inside the primary bullish trend: the price is testing 1.1345 support level together with descending triangle pattern for the ranging correction to be continuing up to 1.1326 support bearish reversal level. Chinkou Span line crossed the price to below for the bearish breakdown, and Absolute Strength indicator is estimating the intra-day bearish condition to be started in the near future.
H4 price will break 1.1326 support level on close H4 bar so the bearish reversal will be started.If H4 price will break 1.1454 resistance level so the primary bullish trend will be continuing.If not so the price will be ranging within the levels.
SUMMARY : bearish reversal
Sergey Golubev, 2016.04.13 16:28
USD/CAD Intra-Day Fundamentals: BoC Overnight Rate and 71 pips range price movement
2016-04-13 14:00 GMT | [CAD - Overnight Rate]
if actual > forecast (or previous one) = good for currency (for CAD in our case)
[CAD - Overnight Rate] = Interest rate at which major financial institutions borrow and lend overnight funds between themselves.
"The Bank of Canada today announced that it
is maintaining its target for the overnight rate at 1/2 per cent. The
Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4
"Growth in the global economy is expected to strengthen gradually from
about 3 per cent in 2016 to 3 1/2 per cent in 2017-18, a weaker outlook
than the Bank had projected in its January Monetary Policy Report
(MPR). After a slow start to 2016, the US economy is expected to regain
momentum, but with a lower profile and a composition that is less
favourable for Canadian exports. Financial conditions have improved,
partly in response to expectations of more accommodative monetary policy
in some major economies."
USD/CAD M5: 71 pips range price movement by BoC Overnight Rate news event
Sergey Golubev, 2016.04.14 07:55
AUD/USD Intra-Day Fundamentals: Australian Employment Change and 32 pips price movement
2016-04-14 01:30 GMT | [AUD - Employment Change]
if actual > forecast (or previous one) = good for currency (for AUD in our case)
[AUD - Employment Change] = Change in the number of employed people during the previous month.
AUD/USD M5: 32 pips price movement by Australian Employment Change news event
Sergey Golubev, 2016.04.14 10:06
GBP/USD Intra-Day Technical Analysis - primary bearish condition near intra-day ranging area
is located below SMA with period 100 (100 SMA) and below SMA with the period
200 (200 SMA) for the primary bearish market condition: the price is ranging within narrow key reversal support/resistance levels:
RSI indicator is estimating the ranging condition to be continuing in the near future.
SUMMARY : ranging
Sergey Golubev, 2016.04.14 11:09
Sergey Golubev, 2016.04.14 16:02
EUR/USD Intra-Day Fundamentals: U.S. Consumer Price Index and 42 pips range price movement
2016-04-14 12:30 GMT | [USD - CPI]
if actual > forecast (or previous one) = good for currency (for GBP in our case)
[USD - CPI] = Change in the price of goods and services purchased by consumers.
"The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in March on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 0.9 percent before seasonal adjustment."
EUR/USD M5: 42 pips range price movement by U.S. Consumer Price Index news event
Sergey Golubev, 2016.04.15 07:34
USD/CNH Intra-Day Fundamentals: China GDP and 38 pips range price movement
2016-04-15 02:00 GMT | [CNY - GDP]
if actual > forecast (or previous one) = good for currency (for CNY in our case)
[CNY - GDP] = Change in the inflation-adjusted value of all goods and services produced by the economy.
USD/CNH M5: 38 pips range price movement by China GDP news event