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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
02/12/2016
  • Soybeans CME
    02/12/16
    Soybeans held strong support at 1020/19. We must now beat first resistance at 1031/32 to target the important 1037/36 level. A weekly close above here would be positive for the start of next week. Above 1039 today targets 1043/44 then 1051/52. Strong support at 1021/19. Try longs with stops below 1016. A break below 1019 however risks a slide to 1010/09.
  • Corn CME
    02/12/16
    Corn must get back above the November low at 343/344 to build a recovery & target first resistance at 346/347. Above here we meet probably the strongest resistance for today at 351/352. Try shorts with stops above 354. A break below 340 is more negative & targets 338/337 then minor support at 335/334. A break below 333 is likely to target 330/329...but this is not a support.
  • Bund
    02/12/16
    Bund outlook remains negative & below 159.49/46 tests the November low at 159.18/14. Just be aware that 5 year trend line support at 158.90/70 is the most important of the month!!! A weekly close below here tonight would not be pretty for bulls next week. There must be all sorts of longer term stops just below here so watch for a spike lower. First resistance at 159.90 is minor but 160.14/19 more of a challenge. Gains are likely to be limited in the bear trend but if we continue higher look for a selling opportunity at 160.40/45, with stops above 160.70 if you can. A break higher however targets 160.87/90 then a selling opportunity at 161.10/20, with stops above 161.40.
  • Ftse
    02/12/16
    FTSE perhaps starting a short term bear trend. Holding below first resistance at 6725/30 should keeps the pressure on for minor support at 6690/85 with further losses targeting minor support at 6635/30. Further losses targets 6600/95 but this is not a support. A break lower risks a slide as far as strong support at 6555/50. First resistance at 6725/30 could see a high for the day. Shorts need stops above 6740. Above here is more positive & targets minor resistance at 6755/59 then stronger resistance at 6785/95. Try shorts with stops above 6810.
  • WTI Crude
    02/12/16
    WTI Crude has enormously important resistance at 5190/5230. Nothing else matters. Holding below signals more range trading as we have been for 6 months. Holding below 5120/15 targets minor support at 5080/75. Below 5050 targets good short term support at 5015/10. Downside is likely to be limited at this stage, but a break below the November high at 4990 risks a slide to 4965 & the best support for today at 4960/50. Above 5130 allows a retest of yesterday's high at 5175/80. As above, enormously important resistance at 5190/5230. A weekly close above here (but I would prefer a day close also for confirmation) would be a big buy signal longer term. First targets are 5315/10, 5350, 5385/90, 5410/15.
  • GBPUSD
    02/12/16
    GBPUSD first resistance at 1.2600 & holding below targets 1.2557 then support at 1.2545/40. This must hold the downside if bulls are to build a trend. Longs need stops below 1.2525. Failure here keeps us trading sideways at best, targeting 1.2497/92 then strong support at 1.2460/50 for a buying opportunity. First resistance at 1.2600 but a break higher targets 1.2635/40, 1.2660/70 & then a retest of 1.2695. A break higher targets 1.2645 then 1.2675. Look for very important longer term resistance at 1.2800/10. Very unlikely it will be broken at this stage.
  • EURUSD
    02/12/16
    EURUSD has returned to the target of 1.0660/65. If we continue higher today look for strong resistance at 1.0700/05. This is key to direction in to the end of the week. Shorts need stops above 1.0735. A break higher is a buy signal targeting 1.0745/50 then strong resistance at 1.0770/80. Failure to beat 1.0660/65 again today re-targets 1.0630/25. On further losses look for 1.5090/85 before the week low at 1.055. A break lower targets 1.0543/38 then the 1.0520/15 November low. Further losses likely to test the important 2015 low at 1.0470/60. This is obviously the most important support of the week. A break lower is a sell signal targeting 1.0430/25 then 1.0395/90.
  • USDJPY
    02/12/16
    USDJPY could have topped at 114.82 in the short term at least, although we have no sell signal just yet. Holding below 114.00/96 targets 113.50/46, perhaps as far as 113.10/05 but look for an excellent buying opportunity on the day at 112.85/75. Longs need stops below 112.45. Important 100 wma & 500 dma resistance at 114.75/85 is all that matters to bulls today. They need a WEEKLY close tonight through 115.00 therefore to keep the bull trend going, targeting important longer term Fibonacci resistance at 115.60/65 in to next week. Shorts in a bull trend are never a good idea but this is the best chance of a high for the rally at this stage. Obviously a weekly close above here would be a buy signal for further gains in to next week.
  • Emini Dow Jones
    02/12/16
    Emini Dow Jones first & only very minor support at 19110/100 but look for better support at 19050/040. A good chance of a low for the day but longs need stops below 18990. A break lower targets strong support at 18940/930 for the next buying opportunity. Holding support at 19110/100 re-targets the new all time high at 19210/215. On further gains look for 19234/236, 19278/285 & 19330/335.
Reports for
01/12/2016
  • Emini Dow Jones
    01/12/16
    Emini Dow Jones first & only very minor support at 19110/100 but look for better support at 19050/040. A good chance of a low for the day but longs need stops below 18990. A break lower targets strong support at 18940/930 for the next buying opportunity. Holding re-targets the new all time high at 19210/215. On further gains look for 19234/236, 19278/285 & 19330/335.
  • Nikkei
    01/12/16
    Mini Nikkei 225 bullish again above 18600/605. Through 18755 targets 18785/790, 17850/860, 18990/99 then this year's high at 19030/040. Bulls well in control & buying dips is certainly working. Levels to look for are 18665 & support at 18610/600. Below 18565 however risks a slide to 18490.
Reports for
30/11/2016
  • Emini Dow Jones
    30/11/16
    Emini Dow Jones holding above strong support at 19030. However if we see a small correction below here look for 19000/18995 then 18955/950 & perhaps as far as 18910/900 for a buying opportunity with stops below 18870. Holding above 19050 this morning targets 19110/115 before the all time high of 19148. Outlook positive despite severely overbought conditions. A break above 19155/165 targets 19205/210 then 19234/236 & 19278/285.
  • S&P
    30/11/16
    Emini S&P first support at 2197/96 but below 2194 look for a buying opportunity at 2188/87. Longs need stops below 2183. Further losses target 2180 then support at 2174/73. Holding first support at 2197/96 targets 1208 (which held almost perfectly yesterday) before the new all time high at 2211/12. A break higher always possible & targets 2215/16. On further gains look for 2219/20 then 2224/25.
  • Nikkei
    30/11/16
    Mini Nikkei 225 trading sideways to ease overbought conditions. First support at 18280/270 but below here targets 10200 then minor support at 18140 which is just above high 2 weeks ago at 18110. Just be aware that a break below here targets 18040/030 then a buying opportunity at 17930/920. Holding above 18270/280 targets 18380/390. If a break above 18490/498 is seen the only resistance to look for then is the 61.8% Fibonacci at 18600/605.
Reports for
29/11/2016
  • Emini Dow Jones
    29/11/16
    Emini Dow Jones holding above strong support at 19030. However if we see a small correction below here look for 19000/18995 then 18955/950 & perhaps as far as 18910/900 for a buying opportunity with stops below 18870. Holding above 19050 this morning targets 19110/115 before the all time high of 19148. Outlook positive despite severely overbought conditions. A break above 19155/165 targets 19205/210 then 19234/236 & 19278/285.
  • S&P
    29/11/16
    Emini S&P first support at 2199/98 working perfectly. Further losses more likely today however & target 2194 then a buying opportunity at 2188/87. Longs need stops below 2183. Holding first support at 2199/98 again today targets 1208 before the new all time high at 2211/12. A break higher always possible & targets 2215/16. On further gains look for 2219/20 then 2224/25.
  • Eurostoxx
    29/11/16
    EuroStoxx has 100 dma support at 3005 today. A break below 2995 is a sell signal & initially targets the 200 day moving average at 2975/70. On further losses look for support at 2945/40. Holding above 3010 targets 3033/30 then 3045/48. Strong resistance at 3063/67 - also the 2 week high of course. A break above 3070 however targets 3086/90 before the September/August high at 3100/03. This is also the 2 week high.
  • WTI Crude
    29/11/16
    WTI Crude may have 1 more leg up before a steep sell off. Longer term outlook remains negative but holding above 4670/60 today targets 4690/4700 then a retest of strong resistance at 4765/75. A break above 4800 keeps bulls in short term control to target 4880/85 then an excellent selling opportunity at 4890/99. Below 4660 is more negative for today & targets 4610/00. If we continue lower look for 4570/65 but longs are too risky. On further losses look for 4535/25 then 4490/80. Further losses could test the 200 day moving average at 4430/25.
  • Morning news recap
    29/11/16
    US news Oil prices dip on scepticism ahead of OPEC meeting Hedge funds raise bullish bets on U.S. crude ahead of OPEC meeting Trump to name Georgia lawmaker Tom Price as health secretary pick China-driven rally sends zinc to near decade high, lead soars Speculators lift bullish COMEX copper position to record China iron ore slips as steel pulls back from 31-month high Bargain prices, rising cargo rates lift second-hand ship sales from the shallows The Syrian army and its allies announced the capture of a large swathe of eastern Aleppo from rebels on Monday Marex sees minimal global coffee surplus in 2016/17 US companies. Three of the top four drags on the S&P 500 were banks, with Wells Fargo WFC.N off 2 percent, Bank of America BAC.N down 2.7 percent and Citigroup C.N down 2.3 percent. U.S. Cyber Monday sales jump, set to surpass initial estimate Amazon AMZN.O, down 1.7 percent at $766.77, was the biggest drag on the Nasdaq despite a report showing early Cyber Monday sales were expected to finish up 9.4 percent Time Inc TIME.N jumped 17.6 percent to $16 after the New York Post reported that the publisher had rejected a takeover bid from billionaire investor Edgar Bronfman Jr. Activist investor Elliott Management disclosed a stake of more than 4 percent in Cognizant Technology Solutions America Movil agrees to buy mobile spectrum from Grupo MVS Canyon Bridge Capital Partners, a buyout fund that agreed to acquire U.S.-based chip maker Lattice Semiconductor Corp LSCC.O for $1.3 billion earlier this month, is funded partly by cash originating from China's central government Allstate Corp ALL.N said on Monday it would buy SquareTrade Holding Co Inc for about $1.4 billion AT&T Inc T.N, the largest U.S. TV provider, unveiled on Monday the pricing and launch date for DirecTV Now American Airlines Group Inc AAL.O and Australia's Qantas Airways Ltd QAN.AX have dropped their bid to coordinate prices and flight schedules European news UK think-tank plans legal challenge over Europe single market access UK consumer morale edges up, but households worry about finances - survey UK accounting watchdog investigating Sports Direct audit Greece urges EU to cut surplus targets to boost competitiveness Spanish economy to maintain growth rate in fourth quarter - econ min French conservatives back Fillon for president, Left flounders German government subsidies hit record high in 2015 - report Italy November manufacturers' morale, consumer confidence decline - ISTAT Eight EU countries warned over vulnerable property market - ESRB European companies German court rejects Lufthansa bid to prevent pilots' strike VW extends 20 billion euro loan to weather diesel fall-out BlackRock's Rieder adds exposure to European banks ahead of Italy vote EDF's Edison says could buy Eni's Italian energy retail business Eni aiming to cut stake in Egypt's Zohr offshore gas find to 50 pct Shell considering selling its Iraq oil assets -sources Shell CEO expects no valuation hit from climate accord Tata Steel UK to enter talks with Liberty House on sale of speciality operations Tata Steel UK to enter talks with Liberty House on sale of speciality operations Gazprom gets greater access to Germany's Opal gas pipeline Glencore comes out top as Egypt awards mega LNG import tender UK prompt gas prices rise as temperatures drop Italy's Monte dei Paschi lists multiple threats to rescue plan Asia China's blue-chip CSI300 index CSI300 is on track to rise for a seventh straight day, as investors, led by insurers, bet on modestly-valued, high-dividend sector leaders, reflecting growing confidence in the economy. Japan jobs, household spending hint at pick up in domestic demand China Nov factory activity likely continued steady expansion Shanghai steps up home buying curbs as China broadens measures to cool market China "green" sector seen growing to 3 pct of GDP by 2020 - official Asia companies Philippines Shakey's pizza chain prices $80 mln IPO at top end of range Investment bank China Renaissance launches new domestic JV, eyes US growth Australian regulator opposes collective bank bargaining on Apple Pay StanChart to cut 10 pct of corporate, institutional banking staff - sources Hong Kong's SFC to require financial firms to register key managers - sources Forex Australia, NZ dollars pause after 3-day rally Dollar claws back some losses as investors look to US data, OPEC EM ASIA FX-Yuan, won, Taiwan dollar firm; rupiah dips China state banks step up support for yuan, sell dollars onshore for 2nd day - traders Sterling drifts lower, unmoved by Vlieghe message South Africa's rand firms over ratings, Zuma ANC vote Italian referendum nerves push up euro implied volatility
Reports for
22/11/2016
  • USDJPY
    22/11/16
    USDJPY so overbought that some short term profit taking is more likely but for today the downside is likely to be limited. We need to build a short term topping pattern first. Watch last week's high at 111.12/17...if this does not hold, yesterday's high at 111.30/36 could do so. However a break above 111.43 signals further gains towards target 111.81/90. Initially watch for profit taking to 110.25/15 but better support at 109.80/70 should hold the downside. We are not expecting a big correction yet. Longs need stops below 109.50. However holding below 109.70 signals a deeper correction to 109.30/25, then a buying opportunity at 108.99/90, Longs need stops below 108.65.