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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
29/01/2016
  • S&P
    29/01/16
    Emini S&P same levels apply for today first support at 1885/83 is only minor but look for better support at 1868/66. A break below here is a sell signal however & targets 1855/53. A break below 1850 targets quite good support at 1844/42. If this does not hold the downside we target 1826 then 1826/25. Above 1885 targets 1886/87 then 1894/95. Above 1900 meets strong resistance up to 1906/08. A good chance of a high for the day once again but shorts need stops above 1912. A break higher would be a but signal targeting 1919/21 then 1927. If we continue higher in to next week look for a selling opportunity at 1936/39. I NEED YOUR VOTE IN THE FX STREET AWARDS (QUESTION 3) PLEASE: https://es.surveymonkey.com/r/forexbestawards2016-nominees
Reports for
28/01/2016
  • Dax
    28/01/16
    Dax gave up all the gains & collapsed in to the close. A break below first support at 9735/25 today targets good support at 9670/60. We look for a bounce from here initially to 9730/60. However a break below 9645 then targets 9590/85. A break below this week's low at 9563 adds pressure to target only minor support at 9510/00. If we continue lower look for 9445/40 then 9425/20. Above 9770 gives bulls some short term relief & targets 9840/50. If we continue higher look for this week's high at 9923, perhaps as far as 9940/45. We are struggling to make gains but above here look for 9980. Above 9990 then targets strong resistance at 10075/10085 with a good chance of a high for the day. Try shorts with stops above the December low at 10120. I NEED YOUR VOTE IN THE FX STREET AWARDS (QUESTION 3) PLEASE: https://es.surveymonkey.com/r/forexbestawards2016-nominees
  • Ftse
    28/01/16
    FTSE building a slow recovery & will need to hold above 5875/70 to continue this process today. First resistance at 5911/15 but above here could re-target 5940 & yesterday's high at 5974. Further gains meet strong resistance at 5990/95 & a good chance of a high for the day. We are already getting in to overbought territory which usually signals the end of the recovery phase in a bear market such as this. Be ready to sell a break below 5860 to target 5845, perhaps as far as strong support at 5815/10. This the last line of defense for bulls today & worth trying longs with stops below 5790. A break lower however is a sell signal again. I NEED YOUR VOTE IN THE FX STREET AWARDS (QUESTION 3) PLEASE: https://es.surveymonkey.com/r/forexbestawards2016-nominees
  • Gold
    28/01/16
    Gold is overbought as we warned yesterday & in need of a short term correction. First support at 1115/14 could hold the downside initially this morning & we could bounce to 1119/1120. However a break lower perhaps later in the day is certainly possible & targets an excellent buying opportunity at 1109/08. A low for the day is expected but longs need stops below 1105. Minor resistance at 1119/20 but above here could targets strong resistance at 1129/30 in overbought conditions. This should be an excellent selling opportunity with stops above 1134. I NEED YOUR VOTE IN THE FX STREET AWARDS (QUESTION 3) PLEASE: https://es.surveymonkey.com/r/forexbestawards2016-nominees
  • WTI Crude
    28/01/16
    WTI Crude minor resistance at 3200 but above here allows a recovery to resistance at 3235/40. We have this week's high at 3274/84 so this is the main challenge for bulls today. Be ready to buy a break above 3290 to target 3325/30 then strong resistance at 3355/60 & a selling opportunity as we become overbought short term. First support at 3160/50 but below targets good support at 3090/80 which could hold the downside. Longs need stops below 3055 however to target support at 3020. I NEED YOUR VOTE IN THE FX STREET AWARDS (QUESTION 3) PLEASE: https://es.surveymonkey.com/r/forexbestawards2016-nominees
  • GBPUSD
    28/01/16
    GBPUSD outlook negative & could test important support at 1.4225/20. A break below does look quite likely however & targets very minor support at 1.4190, perhaps as far as 1.4170. If we continue lower look for 1.4155/50 then 1.4125/20. First resistance at 1.4275/80 could hold a rally but above here we could target 1.4298/99, perhaps as far as a selling opportunity at 1.4345/50. Again shorts need stops above 1.4380. A break higher is a buy signal however & sees 1.4355/50 act as support to target 1.4420/25 then 1.4445/50. I NEED YOUR VOTE IN THE FX STREET AWARDS (QUESTION 3) PLEASE: https://es.surveymonkey.com/r/forexbestawards2016-nominees
  • EURUSD
    28/01/16
    EURUSD strong resistance at 1.0895/1.0900 is the most important of the day. A good chance of a high for the day again but shorts need stops above 1.0925. Just be aware that a break higher is a small buy signal & targets 1.0935/40 then 1.0965/70. Failure to beat resistance at 1.0895/1.0900 re-targets 1.0860/65. If we continue lower look for 1.0825/22 which could hold the downside. Below here however is a sell signal to target 1.0800/05 then a retest of last week's low at 1.0777. A break below here this week targets 1.0765/62 then support at 1.0740/35 & a bounce from here likely. I NEED YOUR VOTE IN THE FX STREET AWARDS (QUESTION 3) PLEASE: https://es.surveymonkey.com/r/forexbestawards2016-nominees
  • USDJPY
    28/01/16
    USDJPY selling opportunity at 118.85/90 today & a good chance of a high for the day here yet again. This remains the most important resistance of the day but shorts need stops above 119.15. A break higher therefore is a short term buy signal & targets 119.27/30 then strong resistance at 119.70/75. Failure to beat 118.85/90 as expected targets 118.50 then support at 118.35/32. A good area for short term profit taking but we could continue lower perhaps later in the week to target 118.20/16 then support at 117.93/88 for a buying opportunity. Stop below 119.60. I NEED YOUR VOTE IN THE FX STREET AWARDS (QUESTION 3) PLEASE: https://es.surveymonkey.com/r/forexbestawards2016-nominees
  • S&P
    28/01/16
    Emini S&P first support at 1885/83 is only minor but look for better support at 1868/66. A break below here is more negative today however & targets 1855/53. A break below 1850 targets quite good support at 1844/42. If this does not hold the downside we target 1826 then 1826/25. Above 1885 targets 1886/87 then 1894/95. Above 1900 meets strong resistance up to 1906/08. A good chance of a high for the day once again but shorts need stops above 1912. A break higher would target 1919/21 then 1927. If we continue higher this week look for a selling opportunity at 1936/39. I NEED YOUR VOTE IN THE FX STREET AWARDS (QUESTION 3) PLEASE: https://es.surveymonkey.com/r/forexbestawards2016-nominees
  • AUDUSD
    28/01/16
    AUDUSD sold off from 7075/78 to 6998. We do have a bullish inverse head & shoulders pattern but I thought yesterday would see a false break higher because we were overbought short term. This sell off may offer an excellent buying opportunity before a sustained break, perhaps next week. Below 7020/15 targets minor support at 7000/6999 then 6984/80 but the best support of the day is 6958/53. Hopefully we will hit this target for a buying opportunity with stops below 6925. Holding above 7020/15 targets 7040/44. Above 7950 allows a retest of 7075/78. We need a close above 7950 for a confirmation breakout to target 7102/04 then very strong resistance at 7135/40 for a selling opportunity. I NEED YOUR VOTE IN THE FX STREET AWARDS (QUESTION 3) PLEASE: https://es.surveymonkey.com/r/forexbestawards2016-nominees
Reports for
21/01/2016
  • AUDUSD
    21/01/16
    AUDUSD through 6915/20 as I write to hit our selling opportunity at 6945/50. Shorts need stops above 6980. A break higher however targets then an excellent selling opportunity at 7015/20. Shorts need stops above 7050. Failure to beat 6945/50 targets 6920/15 then support at 6885/81 for some profit taking on shorts. If we continue lower look for 6855/50. Further losses retest last week's low at 6829/24 once again. This is not a particularly important support so be ready to sell a break below here to target 6801/00, 6765/60 & 6735/30. I NEED YOUR VOTE IN THE FX STREET AWARDS (QUESTION 3) PLEASE: https://es.surveymonkey.com/r/forexbestawards2016-nominees
Reports for
20/01/2016
  • USDJPY
    20/01/16
    USDJPY collapsed again but has held above January 2015 lows at 115.82 & the most important support of the week. ***WE ARE SEEING SHORT TERM BUY SIGNALS.*** Too risky to run shorts any further. Holding above 116.35/30 is more positive for today & targets resistance at 116.60/65. If we continue higher look for a test of strong resistance at 117.00/05. A high for the day is possible here but shorts need stops above 117.25. A break higher sees 117.00/05 act as strong support to target 117.35 then a selling opportunity at 117.70/75. A break below here however targets 1 year lows at 115.56.
  • S&P
    20/01/16
    Emini S&P has now tested the August & 2015 lows at 1831. *Obviously this is the most important support of the week & there is a chance of a low for the correction here once again.* A break below here however is a strong sell signal but we do need a close below to confirm. This is likely to trigger sell orders targeting 1818/17 & 1808/07, perhaps as far as April 2014 lows at 1804/03. As I write we have bottomed almost exactly at the August & 2015 lows at 1831. The expected recovery has reached 1839 but above here look for 1849. From here up to resistance at 1852 looks like a potential high for the day. Shorts need stops above 1858. A break higher sees 1853/52 act as support to target 1866/67. Shorts need stops above 1871.
  • 20/01/16
    GBPUSD LOOKS LIKE IT COULD HAVE MADE A SHORT TERM LOW FOR THE DAY BEAR TREND AT THIS STAGE. The recovery could target 1.4183/80, perhaps as far as 2010 year lows at 1.4230/35. This could hold a rally but further gains meet a selling opportunity at 1.4285/90. Shorts need stops above 1.4320. Needless to say this is a bear trend so failure to beat 1.4183/80 re-targets 1.4134/30 & perhaps as far as 1.4108. Further losses target 1.4090 & 1.4050/45.
  • WTI Crude
    20/01/16
    WTI Crude March remains under pressure. All we can do is look for downside targets in the bear trend. A break below 2900 sees 2870, 2847/45 & 2836/25. Be ready to sell a break below 2825 to target 2795 then 2766/57. If we continue lower look for 2724/20 then 2705/01. Above 2935/40 allows a recovery to 2970/75. If we continue higher look for 3050/55 & perhaps as far as a selling opportunity at 3080/85. Shorts need stops above 3120.
  • EURGBP
    20/01/16
    EURGBP has topped only 2 pips from the target 7757/60 **BUT POSTED A SHORT TERM SELL SIGNAL.** Failure to get back above minor resistance at 7720 targets 7692/89. If we continue lower look for 7675 then a test of good support at 7652/48. This should hold the downside at this stage but longs need stops below 7630. a break lower targets 7615. Minor resistance at 7720 but above here could re-target 7755/60. A break above here kills the short term sell signal & targets 7780/82. If we continue higher look for resistance at 7795.
Reports for
19/01/2016
  • Dax
    19/01/16
    Dax has minor support at 9515/10 but below here targets 9470/67, the 9450/45. Further losses test last week's low at 9410, just above October lows at 9390. A break lower this week targets 9364/60 & the most important support of the day (& probably the week) at 9317/9301. This is the September/August double bottom low & the last line of defense for bulls now. A close below starts a new leg lower in the 9 month bear trend & targets 9230/20. If we continue lower look for 9130/20. JUST BE AWARE THAT WE THEN MEET VERY STRONG SUPPORT AT 9060/9050. More on this if we approach it during the week. First resistance at 9585/90. A break above 9600 could then target 9695/99. Exit any longs here & try shorts then at 9755/60. Shorts need stops above 9800. On a break higher we could then target an excellent selling opportunity at 9880/90. Shorts need stops above 9930.