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Forecast for Q4'16 - levels for GBP/USD
Sergey Golubev, 2016.09.28 18:30
GBP/USD October-December 2016 Forecast: ranging below Ichimoku cloud near key support level for the bearish trend to be resumed
W1 price is located below Ichimoku cloud in the bearish area of the chart. The price is on ranging since end of June this year within the narrow support resistance levels: 1.3444 resistance for the bear market rally to be started and 1.2794 support level for the bearish trend to be resumed. Ascending triangle pattern was formed by the price to be crossed to above for the local rally to be started, but the price is on testing with 1.2914 support level to below for 1.2794 bearish target to re-enter for the bearish trend to be continuing.
Chinkou Span line
is below the price indicating the ranging condition, Tenkan-sen line is below Kijun-sen line
for the bearish trend to be resumed, and
Absolute Strength indicator is estimating the trend to be ranging bearish in the near future for example.
Forecast for Q4'16 - levels for Hang Seng Index (HSI)
Sergey Golubev, 2016.09.29 11:53
Hang Seng Index October-December 2016 Forecast: bullish trend to be continuing or the ranging to be started?
W1 price was on breakout with the bullish reversal: the price broke Ichimoku cloud to above to be reversed from the primary bearish to the primary bullish market condition. For now, the price is located near and above Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. Descending triangle pattern was formed by the price to be crossed to below for the ranging condition to be started.Chinkou Span line
is located above the price indicating the bullish market condition, Tenkan-sen line is above Kijun-sen line
for the bullish trend to be continuing, and
Absolute Strength indicator is estimating the trend to be ranging as
well in the future.
EURUSD Technical Analysis 2016, 02.10 - 09.10: bullish ranging near above Ichimoku cloud
Sergey Golubev, 2016.10.01 15:37
is located near and above Ichimoku cloud for the ranging on the border between the primary bullish trend to be resumed and the ranging bullish market condition tio be started within the following key support/resistance levels:
Ascending triangle pattern was formed by the price to be crossed to above for the possible bullish trend, Absolute
Strength indicator is estimating the ranging condition to be continuing, and
Trend Strength indicator is evaluating the trend as a primary bearish market condition.
SUMMARY : bullish
TREND : ranging
Sergey Golubev, 2016.10.04 12:40
Crude Oil Price Forecast: Oil Bulls Can Almost Taste 3-Month Highs (based on the article)
Daily price is on bullish masrket condition for 51.10 resistance level to be tested for the bullish trend to be continuing.
If the price breaks 51.10 resistance level to above on daily close bar so the primary bullish trend will be continuing.If the price breaks 45.70 support level to below on close bar so the local downtrend as the secondary correction within the primary bullish trend will be started.If the price breaks 43.44 support level so we may see the reversal of the daily price movement to the primary bearish market condition.
Sergey Golubev, 2016.10.05 13:02
Trading News Events: U.S. ISM Non-Manufacturing (adapted from the article)
is on bullish ranging above 200-day SMA (200 SMA) and 100-day SMA (100 SMA) for the primary bullish trend to be resumed or for the bearish reversal to be started.
(all images/charts were made using Metatrader 5 software and free indicators from MQL5 CodeBase)
Sergey Golubev, 2016.10.05 17:09
Intra-Day Fundamentals - EUR/USD and USD/CAD: U.S. ISM Non-Manufacturing PMI2016-10-05 13:45 GMT | [USD - ISM Non-Manufacturing PMI]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - ISM Non-Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry.
EUR/USD M5: 27 pips price movement by ISM Non-Manufacturing PMI news events
USD/CAD M5: 43 pips range price movement by ISM Non-Manufacturing PMI news events
Sergey Golubev, 2016.10.06 14:31
Technical Targets for EUR/USD by United Overseas Bank (based on the article)
H4 price is on bearish breakdown located below 100 SMA/200 SMA area. The price is breaking 1.1183 support level to below for the primary bearish trend to be continuing.
price. United Overseas Bank is expecting for this pair the ranging trend to be continuing:
"EUR spent another day going nowhere and at this stage, there is no
pre-indication that the current neutral phase is about to end soon. In
other words, the expected sideway trading range of 1.1120/1.1290 that
was first highlighted about 2 weeks ago is still intact."
Sergey Golubev, 2016.10.06 17:50
Hang Seng Index Daily Technicals: bullish ranging inside s/r channel
Daily price is on ranging within the following key support/resistance levels:
If the price breaks 23,911 level to above on close daily bar so the bullish trend will be resumed.If the price breaks 23,204 support level on close bar to below so we may see the bearish reversal of thee daily price movement.If not so the price will be on bullish ranging within the levels.
Sergey Golubev, 2016.10.07 14:52
Intra-Day Fundamentals - EUR/USD and USD/CAD: Non-Farm Payrolls2016-10-07 12:30 GMT | [USD - Non-Farm Employment Change]
[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.
EUR/USD M5: 52 pips range price movement by Non-Farm Employment Change news events
USD/CAD M5: 103 pips price movement by Non-Farm Employment Change news events