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Sergey Golubev, 2016.09.14 11:04
GBP/USD Intra-Day Fundamentals: U.K. Jobless Claims and 27 pips range price movement
2016-09-14 08:30 GMT | [GBP - Claimant Count Change]
if actual > forecast (or previous one) = good for currency (for GBP in our case)
[GBP - Claimant Count Change] = Change in the number of people claiming unemployment-related benefits during the previous month.
For August 2016 there were 771,000 people claiming unemployment related benefits. This was:
GBP/USD M5: 27 pips range price movement by U.K. Jobless Claims news event
EURUSD Technical Analysis 2016, 11.09 - 18.09: ranging above Ichimoku cloud
Sergey Golubev, 2016.09.14 19:11
EUR/USD Intra-Day Technical Analysis - ascending triangle to be broken for the bullish trend to be continuing
is located above SMA with period 100 (100 SMA) and SMA with the period
200 (200 SMA) in the bullish area of the chart: the price was bounced from 1.1210 support level to above for the bullish trend to be resumed. Ascending triangle pattern was formed by the price to be crossed to above for the bullish trend to be continuing with 1.1273 resistance level.
SUMMARY : bullish
Forecast for Q3'16 - levels for USD/JPY
Sergey Golubev, 2016.09.16 10:47
USD/JPY: End Of Week Technicals - Ranging Bearish Near Bullish Reversal
This trading week ended with some interesting daily/intra-day results and setups for USD/JPY so, let's describe some of the interesting moments for this pair.
D1 price is on primary bearish market condition: the price is on ranging within 103.80 bullish reversal resistance level and 101.19 bearish continuation level. Symmetric triangle pattern was fomred by the price to be crossed for the direction of the trend, and Absolute Strength indicator is evaluating the bearish ranging to be continuing in the near future.
is on ranging near Ichimoku cloud: price broke this cloud to below once again for the possible bearish reversal:
SUMMARY : bearish
USDCAD Technical Analysis 2016, 18.09 - 25.09: daily breakout with triangle pattern to be tested to above for the breakout to be continuing
Sergey Golubev, 2016.09.18 07:09
Daily price is located above Ichimoku cloud in the bullish area of the chart.
If D1 price breaks 1.2909
support level on close bar so the reversal of the primary bullish to the primary bearish market condition will be started with 1.2763 nearest daily bearish target to re-enter.If D1 price breaks 1.3235
resistance level on close bar from below to above so the bullish trend will be continuing with 1.3253 level as a target.If not so the price will be on bullish ranging within the levels.
SUMMARY : breakout
Sergey Golubev, 2016.09.20 10:23
Technical Targets for EUR/USD by United Overseas Bank (based on the article)
is near and below 100 SMA/200 SMA for 1.1197 resistance level to be tested for the bullish reversal. The price is located within
the following support/resistance
price. United Overseas Bank is expecting for EUR/USD to be on bearish condition with the strong support level to be around 1.1100 for example:
"We turned bearish EUR yesterday but indicated that any decline is
expected to encounter solid support at 1.1100. In other words, the
downside potential appears to be limited. That said, the outlook for EUR
is deemed as bearish until there is a break above 1.1240."
Sergey Golubev, 2016.09.20 15:14
Intra-Day Fundamentals - EUR/USD, USD/CAD and AUD/USD: U.S. Residential Building Permits2016-09-20 12:30 GMT | [USD - Building Permits]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Building Permits] = Annualized number of new residential building permits issued during the previous month.
From Business Insider article:
U.S. housing starts fell more than expected in August as building
activity declined broadly after two straight months of solid
increases, but a rebound in permits for single-family dwellings
suggested demand for housing remained intact.
Groundbreaking decreased 5.8 percent to a seasonally adjusted
annual pace of 1.14 million units, the Commerce Department said
on Tuesday. July's starts were unrevised at a 1.21 million-unit
Permits for future construction slipped 0.4 percent to a 1.14
million-unit rate last month as approvals for the volatile
multi-family homes segment tumbled 7.2 percent to a 402,000
unit-rate. Permits for single-family homes, the largest segment
of the market, surged 3.7 percent to a 737,000-unit pace.
Economists polled by Reuters had forecast housing starts falling
to a 1.19 million-unit pace last month and building permits
rising to a 1.17 million-unit rate.
USD/CAD M5: 20 pips price movement by U.S. Building Permits news events
AUD/USD M5: 13 pips price movement by U.S. Building Permits news events
Forecast for Q3'16 - levels for Brent Crude Oil
Sergey Golubev, 2016.09.21 16:43
U.S. Commercial Crude Oil Inventories
news event: intra-day ranging bullish, daily ranging for direction
2016-09-21 14:30 GMT | [USD - Crude Oil Inventories]
[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.
commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) decreased by 6.2 million barrels from the previous
Crude Oil Daily: ranging for direction.
The price is located within 100 SMA/200 SMA ranging area ranging for the direction of the trend to be started.
If the price breaks 48.13 resistance on close daily bar so the primary bullish trend will be resumed.If the price breaks 45.07
support level on close daily bar so the local downtrend as the
secondary correction within the primary bullish trend will be
continuing.If the price breaks 41.49
support level on close daily bar so the reversal of the price movement
from the primary bullish to the primary bearish market condition will be
started.If not so the price will be on bullish ranging within the levels.
Sergey Golubev, 2016.09.21 20:48
Intra-Day Fundamentals - EUR/USD, USD/CAD and AUD/USD: FOMC Statement and Federal Funds Rate2016-09-21 18:00 GMT | [USD - Federal Funds Rate]
[USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the
Federal Reserve to other depository institutions overnight.
"Fed fund futures, contracts that investors use to bet on interest rate
movements, imply that there is a 60 per cent chance of a hike at the
December meeting, up slightly from 59 per cent ahead of today’s
decision, reports Robin Wigglesworth in New York."
Sergey Golubev, 2016.09.23 08:46
Technical Targets for GBP/USD by United Overseas Bank (based on the article)
H4 price is located below 100 SMA/200 SMA levels in the bearish area of the chart and within the following support/resistance
price. United Overseas Bank is expecting for this pair to be on bearish market condition with the seconday ranging way:
"We highlighted the rapidly waning momentum yesterday and advocated
shorts to book some profit at 1.3035. Subsequently, GBP rallied strongly
and edged 1 pip above our stop-loss at 1.3120 (overnight high of
1.3121). From here, the risk of a short-term low would continue to
increase and a clear break above 1.3120 would not be surprising (unless
GBP can move and stay below 1.3035 within the next 1 to 2 days)."
Forecast for Q3'16 - levels for Hang Seng Index (HSI)
Sergey Golubev, 2016.09.23 09:33
Hang Seng Index (HSI): End Of Week Technicals - bullish continuation or the correction to the bearish reversal
This trading week is ended with some results concerning HSI: the price was continuing with the daily bullish condition and started to be ranging within narrow support/resistance levels for the direction of the bullish continuation or the correction to the bearish reversal.---------
D1 price is located to be above Ichimoku cloud for the primary bullish market condition with the ranging within the following s/r levels:
is on bullish within s/r levels with the secondary ranging market condition:
If H4 price breaks 24,087 resistance level so the primary bullish trend will be resumed with 24,376 possible bullish target.If H4 price breaks 23,393 support so the local downtrend as the secondary ranging correction within the primary bullish trend will be started.If H4 price breaks 23,207 support so we may see the bearish reversal to be started for this intra-day price movement.If not so the price will be ranging within the levels.