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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
25/04/2017
  • CGB
    25/04/17
    Ten Year Bond holding above first support 138.99/94 targets first but only minor resistance at 139.26/23. Above here re-targets 139.40/43. We topped exactly here on Friday but on further gains today look for a retest of the 139.64/67 high. A break above 139.70 in the bull trend targets 139.84 & 139.96/99. If we continue higher next week look for 140.11/15 then 140.23/25. Good support at 138.99/94. A break below 138.90 today however re-targets 138.74/70 then strong support at 138.55/50. Try longs again with stops below 138.40. Further losses target 138.25.
  • SXF
    25/04/17
    S&P/TSX 60 meets yesterday's low at 923 then support at 921/920 could hold the downside. Longs need stops below 918 to target only minor support at 915. We topped at 929/930 but above here targets the February all time high of 939.9. Obviously a break above is a buy signal targeting 944/945 & 949/950.
Reports for
24/04/2017
  • Bund
    24/04/17
    Bund hit a low of 162.49 & a break below 162.42 targets 162.25/20 before probably the best support for today at 162.05/00. Longs need stops below 161.85 with further losses targeting 161.65/60, perhaps as far as 161.40/35. First resistance at 162.75/80 but above 162.90 allows a recovery to 163.05/09 then 163.20/25. We should struggle here but on further gains look for quite strong resistance at 163.45/50. Shorts need stops above 163.65.
  • SXF
    24/04/17
    S&P/TSX 60 first resistance at 920/921 doing it's job but above 922 targets March/April highs of 926. A break higher targets 929/930 before the February all time high of 939.9. Good support at 100 day moving average at 911/910 of course. A break below 908 however risks a slide to 900/899.
Reports for
23/04/2017
  • SXF
    23/04/17
    S&P/TSX 60 first resistance at 920/921 doing it's job but above 922 targets March/April highs of 926. A break higher targets 929/930 before the February all time high of 939.9. Good support at 100 day moving average at 911/910 of course. A break below 908 however risks a slide to 900/899.
  • CGB
    23/04/17
    Ten Year Bond first resistance at 139.26/23 but above here re-targets 139.40/43. We topped exactly here on Friday but on further gains today look for a retest of the 139.64/67 high. A break above 139.70 in the bull trend targets 139.84 & 139.96/99. If we continue higher next week look for 140.11/15 then 140.23/25. Good support at 138.99/94. A break below 138.90 today however targets 138.74/70 then strong support at 138.55/50. Try longs with stops below 138.40. Further losses target 138.25.
Reports for
21/04/2017
  • SXF
    21/04/17
    S&P/TSX 60 first resistance at 920/921 doing it's job but above 922 targets March/April highs of 926. A break higher targets 929/930 before the February all time high of 939.9. Good support at 100 day moving average at 911/910 of course. A break below 908 however risks a slide to 900/899.
  • CGB
    21/04/17
    Ten Year Bond bottomed 4 ticks below good support at 139.99/94. A break below 139.90 today however targets 139.74/70 then strong support at 138.55/50. Try longs with stops below 138.40. Further losses target 138.25. Holding good support at 139.99/94 targets first resistance at 139.26/23. This is probably the best chance of a high for the day but a break above 139.33 allows a recovery to 139.40/43 before the 139.64/67 high. A break above 139.70 in the bull trend targets 139.84 & 139.96/99. If we continue higher next week look for 140.11/15 then 140.23/25.
  • Emini Dow Jones
    21/04/17
    Emini Dow Jones is holding just above 20500/510 as I write & if we continue to do so this is positive for today. I warned yesterday that the correction may be over & holding above here is further bullish confirmation. So as stated yesterday, 20510/500 could now act as support & above 20570 targets resistance at 20630/640. This should be the main challenge for bulls today but a break above 20680 then targets 20780/790. Holding below 20500 is more negative & risks a slide to 20440/430. Downside is likely to be limited but further losses target 20398/380 before the 20356 March low. Anywhere from the 20311 low to strong support at 20280/270 is the best chance of a low for the correction phase. Try longs with stops below 20200. Only a weekly close below 20200 tonight confirms an important sell signal. Initially we should target 20080/070 & the 2016 high at 19970/960.
  • Soybeans CME
    21/04/17
    Soybeans outlook negative & holding below 949/948 targets 945 & 942/941, perhaps as far as 938/937. If we continue lower look for a break below 936 to retest last week's low at 931/930. Above 949/948 targets 952/953 before strong resistance at 958/959. Try shorts again with stops above 962. An unexpected break higher however meets an excellent selling opportunity at 966/967. A high for the week & for the recovery is expected. Try shorts with stops above 971.
  • Corn CME
    21/04/17
    Corn first resistance at 361/362 could hold a rally. However above 364 look for a selling opportunity at 366/367. Below 357 meets minor support at 354/353. We are oversold short term but this is not a good enough reason to try to pick a low for the day in a bear trend. Below 352 tests the December low at 349.25.
  • Bund
    21/04/17
    Bund bounced back to just above 162.80/75. If we hold below here today look for a retest of yesterday's low at 162.55/52 then 162.45/42 & perhaps as far as 162.25. If we continue lower look for a buying opportunity at 162.05/00, with stops below 161.85. Above 162.90 allows a recovery to 163.07/10 then 163.23/26. We should struggle but on further gains look for quite strong resistance at 163.45/50. Shorts need stops above 163.65.
  • Ftse
    21/04/17
    FTSE no longer oversold short term so risks are to the downside. A break below 7030 targets the February low at 7025 then 7010 before the target of 6990/6980. Exit shorts & try longs expecting an end to the correction...with wide stops below 6930. A further recovery meets first resistance at 7100/10 & we are likely to see a high for the day here with bears in control at this stage. However if we continue higher look for a selling opportunity at 7160/70, with stops above 7200.
  • Eurostoxx
    21/04/17
    EuroStoxx first support at 3370/67 then very minor support at 3354/52 but below here targets 3333/30. A break below the 3326 low for this week targets strong Fibonacci support & March low at 3321/17. Try longs with stops below 3303. Look for a selling opportunity at 3395/99, with stops above 3410. A break higher however targets last week's high at 3430, 2 week highs at 3436 before the April high at 3441.
  • Dax
    21/04/17
    Dax first resistance at 12080/090 but further gains today target 12130/140. Watch for a high for the day. However a break above 12160 could see us continue higher towards 12190 & perhaps as far as minor resistance at 12240/250. Failure to beat first resistance at 12080/090 targets minor support at 12015/005 before this week's low at 11970/963. If we continue lower look for 11935 then good support at 11880/850 which may complete a small correction. Try longs with stops below 11800.
  • S&P
    21/04/17
    Emini S&P first resistance at 2356/58 then quite strong resistance at last week's high at 2363 but probably the strongest resistance today is the short term trend line at 2367/69. Try shorts with stops above the April high at 2375. First support at 2349/48 but below here targets 2343/42. Below 2340 risks a slide to 2335/33 before minor trend line support at 2325/24.
  • WTI Crude
    21/04/17
    WTI Crude first resistance at 5135/40 again today but 5185/90 is the main challenge for bulls. A high for the day possible but if we continue higher look for quite strong resistance at 5260/70. Shorts need stops above 5300. Failure to beat 5090/5100 keeps the pressure on for a retest of the low at 5055/51 but we could continue lower to support at 5015/10. A bounce from here possible on the first test, but longs need stops below 4975.
  • Gold
    21/04/17
    Gold holding good short term support at 1272/71 this week & holding above 1279/81 re-targets a selling opportunity in the 1290/95 area. We have further short term trend line resistance at 1301/02 so it is only a weekly close above here tonight that signals a very bullish breakout. If a sustained breakout is seen we have the first confirmation that Gold is starting a longer term bull market. Good short term support at 1272/71 but stop below 1267 if you try longs. Be ready to sell a break lower targeting 1265/64, 1261 & good support at 1258/56. Exit shorts & try longs with stops below 1250.
  • GBPUSD
    21/04/17
    GBPUSD first support at the December high at 1.2774 but below 1.2760 risks a slide to good support at 1.2720/10. Try longs with stops below 1.2685. Just be aware that further losses target minor support at 1.2650/40 then a buying opportunity at 1.2610/00. Holding the 1.2775/65 area allows a recovery to 1.2855/60 (which has held for 2 days) before the 1.2900/04 high. Bulls are in control so a break above the September low at 1.2912 targets 1.2935 & 1.2950 then 1.2990/95 & 1.3020.
  • AUDUSD
    21/04/17
    AUDUSD has held first resistance at 7530/40 keeping pressure to the downside for 7500 & the 7475/70 low. This is not a good support level so a break lower certainly possible targeting 7450/45 & 200 day moving average support at 7420. First resistance at 7530/40 but above here allows a recovery towards resistance at 7575/80. Try shorts with stops above 7600. An unexpected break higher targets minor resistance at 7640/45.
  • USDJPY
    21/04/17
    USDJPY holding above 109.20/25 targets a selling opportunity at 109.80/90, with stops above 110.20. We could sell off back to 109.30/20. An unexpected break above 110.10 however targets 110.50 & perhaps as far as strong resistance at 110.90/99. First support at 109.25/20 but a move below 109.00 signals weakness towards 108.70 before this week's low at 108.15/10. Buy anywhere from here down to strong support at 107.90/80. This is an excellent buying opportunity with a very good chance of a strong recovery. Try longs with stops below 107.40.
  • EURUSD
    21/04/17
    EURUSD first support at 1.0700/90 but further losses target support at 1.0650/40. Exit shorts & try longs with stops below 1.0600. A break lower is an important sell signal & sees 1.0620/30 act as resistance to target 1.0575/70 then 1.0530/20. Holding first support at 1.0700/90 targets minor resistance at 1.0730/35 then a retest of quite strong resistance at 1.0770/80. Try shorts with stops above 1.0800. However a break higher targets much stronger resistance at 1.0830/40. Try shorts with wider stops above 1.0900.
Reports for
20/04/2017
  • SXF
    20/04/17
    S&P/TSX 60 above 915 targets first resistance at 920/921 but above here targets March/April highs of 926. A break higher targets 929/930 before the February all time high of 939.9. Good support at 100 day moving average at 911/910 of course. A break below 908 however risks a slide to 900/899.
  • CGB
    20/04/17
    Ten Year Bond holding below 139.26/23 risks a slide to good support at 139.99/94 for a buying opportunity with stops below 139.80. A break lower targets strong support at 138.55/50. Above 139.30 targets 139.40/43 before the 139.64/67 high. A break above 139.70 in the bull trend targets 139.84 & 139.96/99. If we continue higher look for 140.11/15 then 140.23/25.
  • Emini Dow Jones
    20/04/17
    Emini Dow Jones holding below the 20356 March low targets strong support at 20280/270. This is the best chance of a low for the correction phase. Longs need wide stops below 20200. We need a daily close & preferably a weekly close below 20200 tomorrow night to confirm an important sell signal. Initially we should target 20080/070 & the 2016 high at 19970/960. We are oversold & so close to strong support at 20280/270 that it is always possible we have already bottomed. Minor resistance at last week's low of 20388 then stronger resistance at 20430/440. If we continue higher a good chance of a high for the day at 20500/510 but shorts need stops above 20570. A break higher sees 20510/500 act as support to target resistance at 20630/640.
  • Soybeans CME
    20/04/17
    Soybeans holding minor support at 949/948 targets 952/953 before strong resistance at 958/959. Try shorts again with stops above 962!! An unexpected break higher however meets an excellent selling opportunity at 966/967. A high for the week & for the recovery is expected. Try shorts with stops above 971. Below 946 targets 942/941 & perhaps as far as 938/937. If we continue lower look for a break below 936 to retest last week's low at 931/930.
  • Corn CME
    20/04/17
    Corn first support at 362/361 but be ready to sell a break below 359 to target minor support at 354/353. First resistance at 365/366 of course, but above here a selling opportunity at 368/369. On further unexpected gains we retest 7 month trend line resistance at 374/375. Try shorts with stops above 377.
  • Bund
    20/04/17
    Bund below 163.15 targets 163.00 then strong support at 162.80/75. Try longs with stops below 162.60. A break lower targets 162.45/42 then 162.25. If we continue lower look for a buying opportunity at 162.05/00. Minor resistance at 163.40/50 but above 163.60 re-targets 163.81/83 & the 163.95/99 high. A break above 164.00 targets 164.18/21 then 164.33/36. Gains are likely to be limited in such overbought conditions but if we continue higher look for 164.52/54.
  • Ftse
    20/04/17
    FTSE lower again to 7034. Severely oversold short term so a small recovery is possible to 7085/90 but first resistance at 7100/10 likely to see a high for the day. However if we continue higher look for a selling opportunity at 7160/70, with stops above 7200. A break below 7030 targets the February low at 7025 then 7010 before the target of 6990/6980. Exit shorts & try longs expecting an end to the correction...with wide stops below 6930.
  • Eurostoxx
    20/04/17
    EuroStoxx sold off to to 3335. Same levels apply for today with first resistance at 3350/52 but 3363/66 the main challenge for bulls today. If we continue higher look for a selling opportunity at 3390/95, with stops above 3410. Good support at 3324/20 & a bounce from here is likely but a break lower tests the 100 day moving average support at 3302/00. Unlikely...but a break lower targets a buying opportunity at 3270/65.
  • Dax
    20/04/17
    Dax sold off towards 11990/980 but this is only very minor support. If we continue lower look for 11935 then good support at 11880/850 which may complete a small correction. Try longs with stops below 11800. Gains are likely to be limited with first resistance at 12045/055 then a high for the day possible at 12080/090. On further gains however look for a selling opportunity at 12145/155, with stops above 12190.
  • EURUSD
    20/04/17
    EURUSD overbought short term as we warned yesterday & the pair bottomed exactly at first support at 1.0700/90 but could continue lower today to minor support at 1.0680/70. Further losses are possible in to the end of the week to test key support at 1.0625/20. Try longs with stops below 1.0600. A break lower is an important sell signal. A break above 1.0745 targets quite strong resistance at 1.0770/80. Exit all remaining longs & try shorts with stops above 1.0800.
  • S&P
    20/04/17
    Emini S&P first resistance at 2342 then 2348/49 again. If we continue higher look for 2356/58. & perhaps as far as quite strong resistance at last week's high at 2363. Further gains however meet 2 week highs & short term trend line resistance at 2372/75. Try shorts with stops above 2380. Below 2335/34 targets 2331/30 & 2327/25. Below 2322 offers a buying opportunity at strong support at 2318/15. Just be aware that the other important rising 100 day moving average support is at 2305/04.
  • WTI Crude
    20/04/17
    WTI Crude JUNE: Resistance at 5135/40 but 5180/90 the main challenge for bulls today. A high for the day possible but if we continue higher look for quite strong resistance at 5260/70. Shorts need stops above 5300. Below 5090 retests yesterday's low at 5055/51 but we could continue lower to support at 5015/10. A bounce from here possible on the first test, but longs need stops below 4975.
  • GBPUSD
    20/04/17
    GBPUSD first support at the December high at 1.2774 but below 1.2760 risks a slide to good support at 1.2720/10. Try longs with stops below 1.2685. Just be aware that further losses target minor support at 1.2650/40 then a buying opportunity at 1.2610/00. Holding the 1.2775/65 area allows a recovery to 1.2855/60 before the 1.2900/04 high. Bulls are in control so a break above the September low at 1.2912 targets 1.2935 & 1.2950 then 1.2990/95 & 1.3020.
  • USDJPY
    20/04/17
    USDJPY still in a bear trend despite oversold conditions so we can hope for a drift lower to this week's low at 108.15/10. Buy anywhere from here down to strong support at 107.90/80. This is an excellent buying opportunity in oversold conditions with a very good chance of a strong recovery. Try longs with stops below 107.40. First resistance at 108.70/80 is very minor then 109.20/25 is more of a challenge & has held all week. If we continue higher today look for the next target & a selling opportunity at 109.80/90, with stops above 110.20. We could sell off back to 109.30/20.
  • AUDUSD
    20/04/17
    AUDUSD has seen 2 days of losses. First resistance at 7530/40 is key to direction. Holding here keeps the pressure on for 7500 & the 7475/70 low. This is not a good support level so a break lower certainly possible targeting 7450/45 & 200 day moving average support at 7420. First resistance at 7530/40 but above here allows a recovery towards resistance at 7575/80. Try shorts with stops above 7600.
  • Gold
    20/04/17
    Gold key to direction today is good short term support at 1272/71. Watch for a possible bounce from here...perhaps to 1279/81. (It is worth keeping a core short position though). If you try a long, stop below 1267. Be ready to sell a break below targeting 1265/64, 1261 & good support at 1258/56. Exit shorts & try longs with stops below 1250. First resistance at 1281/82 but further gains obviously run in to a selling opportunity in the 1290/95 area. We have further short term trend line resistance at 1301/02 so it is only a clear & sustained break above here that signals a very bullish breakout. A weekly close above here tomorrow night would be required for bullish confirmation before buying in to longs - there is of course always the risk of a spike higher to trigger stops at such a major level before prices collapse. If a sustained breakout is seen however we have the first confirmation that Gold is starting a longer term bull market.