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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
15/05/2017
  • Bund
    15/05/17
    Bund bulls held 5 month trend line support last week & recovered as far as a selling opportunity at 160.93/98. We topped just 1 tick above on Friday but no sell off. Shorts need stops above 161.15 with a break higher to target 161.25/29, 161.42/45 then quite strong resistance at 161.50/54. Failure to beat strong resistance at 160.93/98 today targets 160.79/75 then first support at 160.64/60. Watch for a low for the day. However further losses targets 160.40/36 before the low last week at 160.10/00.
Reports for
10/05/2017
  • WTI Crude
    10/05/17
    WTI Crude holding above 4620 allows a recovery to 4668/73 before resistance at 4700/10. We should struggle here again but if we continue higher look for strong resistance at 4758/63 where we watch for a high for the day. However if we continue higher look for an excellent selling opportunity at 4800/10, with stops above 4840. Below 4600 keeps bears in control & risks a slide to 4535/25 then 4490/80. If we continue lower watch that 4420/10 level but obviously a break below Friday's low at 4376 is a sell signal targeting 4349/45 & 4315/10.
  • Bund
    10/05/17
    Bund must hold the 160.20/15 level again today if the bull trend this year is to continue. January - April has seen higher lows & highs but we are trading below the April low now. Holding 160.20/15 keeps bulls in longer term control target 160.53/56 today then then April low at 160.64, perhaps as far as 160.80/83. If we continue higher look for strong resistance at 161.00/05. Shorts need stops above 161.20. A break below 160.00 is more of a problem for bulls, risking a slide to minor support at 159.90/85 then 159.74/71 & perhaps as far as 3.5 month trend line support at 159.40/30.
Reports for
09/05/2017
  • SXF
    09/05/17
    S&P/TSX 60 holding above 921 targets 924/925 before the April high at 931.60. If we continue higher the all important all time high at 939.9 is the one to watch. Support at 918/916 but below 914 is less positive & targets trend line support at 908/907. Longs need stops below 904.
  • EURUSD
    09/05/17
    EURUSD gains could not be maintained as expected & the pair sold off to the exact 1.0920/15 target. We bottomed exactly here as I write but the outlook remains negative with the bull trap yesterday. A break below 1.0900 keeps the pressure on for 1.0880 & quite good short term support at 1.0860/50 for some profit taking on shorts. This is definitely the best chance of a low for the day & a bounce to 1.0910/20 could be seen. Longs need stops below 1.0820. Holding the 1.0920/15 target allows a recovery to 1.0945/50, perhaps as far as 1.0970/80 but gains are likely to be limited. Next target is the 1.1010/20 high. A break above 1.1030 however triggers a crawl higher towards 1.1060/65 & perhaps as far as 1.1095/99.
  • GBPUSD
    09/05/17
    GBPUSD outlook positive despite overbought conditions & if we can now get back above 1.2965/60 we can retest 1.2990/95. Gains are likely to be limited as we battle overbought conditions but above here targets 1.3020/30, 1.3055/60, perhaps as far as 1.3085/90. Holding below 1.2965/60 risks a test of strong support at 1.2920/10 & probably the best chance of a low for the day. Try longs with stops below 1.2860. Further losses test last week's low at 1.2830/29.
Reports for
08/05/2017
  • Corn CME
    08/05/17
    Corn holding above 370 targets minor resistance at 373/374 before stronger Fibonacci resistance at 379/380. A break above 382 targets important 8 month trend line resistance at 385/386 for a selling opportunity. First support at 369/370 but below here targets 366 (which also marks the low last week) then 363 before good support at the April low at 361/360. Obviously a break lower should be sell signal targeting 357 & 352/351.
  • Soybeans CME
    08/05/17
    Soybeans could not close the week above Fibonacci resistance at 975/976 leaving a bull trap. Holding below 976/975 is obviously negative with first minor support at 972/971 then 965/964. A break below 962 adds pressure for 960/959 then the 2 week low at 953/952.50. Bulls need to clear 979 then the high last week at 983. They manage a push higher but are unable to hold the gains. If in the unlikely event that we do break higher today look for 986/987, 989 & perhaps as far as 992/993.
  • SXF
    08/05/17
    S&P/TSX 60 closed above 920/921 & near the high for the week which should be positive for today. Above 924 targets 926 before the April high at 931.60. If we continue higher the all important all time high at 939.9 is the one to watch. Support at 918/916 but below 914 is less positive & targets trend line support at 908/907. Longs need stops below 904.
Reports for
05/05/2017
  • Soybeans CME
    05/05/17
    Soybeans holding above the 500 day moving average at 970/971 yesterday but important Fibonacci resistance at 975/976 is key to direction today. I can only hope the spike as far as 980 did not stop your shorts yesterday...this is tricky. Bulls now require a weekly close above 978 to start next week with more confidence targeting 986/987, 989 & perhaps as far as 992/993. Failure to beat 975/976 obviously targets first support at 971/970. Below here is more negative targeting 966/965. This is the last line of defence for bulls so be ready to sell a break below here if not already short (from 975/976) for 964 & 962/961. Further losses target 958 & 955/954.
  • Corn CME
    05/05/17
    Corn holding 366 triggered a bounce to a fraction below 369/370. Holding quite strong resistance here today in the sideways trend re-targets 366 then 363 before good support at the April low at 361/360. However a weekly close below here tonight would be sell signal for the start of next week. Above 370 targets minor resistance at 373/374 & 376 then stronger Fibonacci resistance at 379/380. A break above 382 however meets important 8 month trend line resistance at 385/386 for a selling opportunity.