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Forecast for Q1'17 - levels for EUR/USD
Sergey Golubev, 2017.01.02 11:09
EUR/USD January-March 2017 Forecast: bearish ranging with 1.0324 key support level
W1 price is located below Ichimoku cloud in the bearish area of the chart within the following support/resistance levels:
Forecast for Q1'17 - levels for S&P 500
Sergey Golubev, 2017.01.02 13:33
S&P 500 January-March 2017 Forecast: long-term bullish ranging within the narrow s/r levels for direction
W1 price is
located far above Ichimoku cloud in the bullish area of the chart. The
price is on ranging within the following narrow support/resistance levels for the bullish trend to be resumed or for the secondary correction to be started:
Sergey Golubev, 2017.01.03 04:50
USD/CNH Intra-Day Fundamentals: Caixin Manufacturing PMI and 90 pips range price movement
2017-01-02 01:45 GMT | [CNY - Caixin Manufacturing PMI]
if actual > forecast (or previous one) = good for currency (for CNY in our case)
[CNY - Caixin Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.==========
From official report:
USD/CNH M5: 90 pips price movement by Caixin Manufacturing PMI news event
Forecast for Q1'17 - levels for GBP/USD
Sergey Golubev, 2017.01.03 07:42
GBP/USD January-March 2017 Forecast: weekly ranging bearish; daily possible bullish reversal
W1 price is located below Ichimoku cloud in the bearish area of the chart. The price is on ranging within narrow support/resistance levels since the beginning of the November last year with the descending triangle pattern to be formed by the price for the bearish trend to be continuing. By the way, Trend Strength indicator is estimating the trend as a rally to be started, and Absolute Strength indicator is evaluating the trend as a ranging to be continuing.
If we look at the daily price so the bullish reversal level at 1.2387 is testing by the price to above for the reversal of the daily price movement from the ranging bearish to the primary bullish market condition. Thus, we may see good daily breakout soon with weekly rally with 1.2772 target for example.
Sergey Golubev, 2017.01.03 17:43
Intra-Day Fundamentals - EUR/USD, GBP/USD and S&P 500: ISM Manufacturing PMI
2017-01-03 15:00 GMT | [USD - ISM Manufacturing PMI]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - ISM Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.
"The December PMI® registered 54.7 percent, an increase of 1.5 percentage points from the November reading of 53.2 percent. The New Orders Index registered 60.2 percent, an increase of 7.2 percentage points from the November reading of 53 percent. The Production Index registered 60.3 percent, 4.3 percentage points higher than the November reading of 56 percent. The Employment Index registered 53.1 percent, an increase of 0.8 percentage point from the November reading of 52.3 percent. Inventories of raw materials registered 47 percent, a decrease of 2 percentage points from the November reading of 49 percent. The Prices Index registered 65.5 percent in December, an increase of 11 percentage points from the November reading of 54.5 percent, indicating higher raw materials prices for the 10th consecutive month. The PMI®, New Orders, Production and Employment Indexes all registered new highs for the year 2016, and the forward-looking comments from the panel are largely positive."
EUR/USD M5: 75 pips range price movement by ISM Manufacturing PMI news events
GBP/USD M5: 50 pips range price movement by ISM Manufacturing PMI news events
S&P 500: range pips price movement by ISM Manufacturing PMI news events
forecast on Forex
Sergey Golubev, 2016.04.18 13:02
News is different from forecast, and forecast is different from technical analysis.This is how I understand it:
Forecasts. You are following some system which is 'black box' for you and can not be disclosed in public. You just believe in this unknown system/person/trader/coder which is making forecast for you. Forecasts are maijg with no any alternatives, for example: "buy EUR/USD at 1.2440 now/tomorrow at 10 am etc."It is similar with weather forecast (no one is responsible for false signal for example). There are free forecasts and commercial forecasts.
Technical analysis. The person is using indicators or/and price action to make a technical analysis describing the market condition in the past together with price movement explanation to the future on alternative ways. For example: "if the price breaks this level to above so ...., alternative - if the price this level to below so ...".In this case - technical analysis is acting as the science which everybody can repeat in MT4/MT5, and you are always having the choice about what to do.There are free technical analysis and commercial technical analysis.There are some websites and sources which are publishing the articles with the word 'Forecast' but if you look at those articles so you will understand that it is the technical analysis only.Analysts (the persons who are providing the technical analysis) consider the forecasts/forecasters as the forex scam (so, basicly they do not like each other).We do not have forecasts on this part of the forum because it will be consider as an advertisement with commercial promotion anyway (technical analysis and forecasts can not be on the same subforums because of the differences between them: technical analysis is the science, and forecast is commercial or promotional service.------
I mean - if someone will post some link to the website with the forex forecast/trading signals and so on (and if it will be real forecast without technical analysis) so this your thread will be deleted sorry.
Sergey Golubev, 2016.04.18 13:17
And there are some differences between forecasts and signal services too. For example, the best way to check forecast/forecaster is to ask him to provide the signals so everybody will see/check the results. But in case of forecasts - it is not very good way because forecasts are making once in a month or once in a week so I think - no one will subscribe to the signals which are trading one time in a month/week just to prove some article/post about "where the price will go to in May" for example ... so ... Forecasts, signal services and technical analysis are 3 different services: we have just one of them here - signals as a service (and free technical analysis by free indicators from CodeBase here on the forum).
Sergey Golubev, 2017.01.04 05:35
USD/JPY Intra-Day Fundamentals: Nikkei Japan Manufacturing PMI and 51 pips range price movement
2017-01-04 00:30 GMT | [JPY - Manufacturing PMI]
if actual > forecast (or previous one) = good for currency (for JPY in our case)
[JPY - Manufacturing PMI] = Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.==========
USD/JPY M5: 51 pips price movement by Nikkei Japan Manufacturing PMI news event
Nikkei 225 Index: pips range price movement by Nikkei Japan Manufacturing PMI news event
Forecast for Q1'17 - levels for GOLD (XAU/USD)
Sergey Golubev, 2017.01.04 09:20
XAU/USD January-March 2017 Forecast: bearish ranging to the bear market rally
W1 price is located below Ichimoku cloud in the berish area of the chart. The price broke Ichimoku cloud together with Senkou Span lines to below in the beginning of November lkast year for the breakdown with the bearish reversal. For now, the price is testing support level at 1122.62 to below for the bearish trend to be continuing. By the way, the bullish reversal level is the resistance at 1197.53, and if the price breaks this level to above so the reversal of the weekly price movement from the primary bearish to the ranging bullish trend will be started.
Sergey Golubev, 2017.01.04 18:13
CAC 40 Stalls Under Previous High (based on the article)