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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
11/07/2018
  • EURUSD & USDCAD
    11/07/18
    EURUSD failure to beat 1.1750/60 with a break below 1.1720 targets minor support at 1.1690 then 1.1660/55. If you are short, 100 pips is worth taking on at least part of the position, but longs are too risky & further losses target 1.1630/25 then 1.1585/80. Gains are likely to be limited with resistance at 1.1750/60. An unexpected break above 1.1790 however is a buy signal targeting 1.1840/50 & 1.1900/10. USDCAD longs at 1.3060/50 offered 80 pips profit as we hit & hold first resistance at 1.3140/50. We topped exactly here as predicted but further gains are expected now to strong resistance at 1.3185/95 & 1.3220/30, perhaps as far as 1.3260/70 for a potential 200 pips profit. Try longs at 1.3070/60 if we revisit (unlikely now) with stops below 1.3030. An unexpected break lower is a sell signal targeting 1.3010/00 with very strong support at 1.2985/75 for a buying opportunity.
  • WTI Crude
    11/07/18
    WTI Crude holding below 7350/40 targets 7295/90 before support at 7250/40. A break below 7215 looks more likely now targeting 7160/50 & perhaps as far as minor support at 7090/80. Gains are likely to be limited but there are no clear levels to sell so my best suggestion is to sell small amounts at 7375/85 & 7440/50. However I cannot rule out a retest of 7520/40 until I see a clear signal or breakout.
Reports for
10/07/2018
  • Emini Dow Jones
    10/07/18
    Emini Dow Jones beat strong resistance at 24520/530 & then used it as support to target 24680/690 before further gains as far as 24888. We have minor resistance at 24855/865 which is probably why we have stalled in overbought conditions but shorts are risky. A break above 24900 targets 24960, 25000/010 & perhaps as far as 24085/095. Failure to beat 24855/865 triggers light profit taking to 24770/760, perhaps as far as good support at 24690/680. Try longs with stops below 24650.
  • S&P
    10/07/18
    Emini S&P trying a break above the June high at 2791 as I write to target the March high at 2800/02. This is the main challenge for bulls today today but shorts probably too risky. Further gains target 2808/10. Having reached 2797/98, we have support at 2792/90. Below 2785 however risks a slide to 2780/78, perhaps as far as 2770/68.
  • Gold & Silver
    10/07/18
    Gold we bought the exact low for the 3 month correction & yesterday hit the next target of 1265 as expected, but stalled a point from resistance at 1267/69. After a near 30 point bounce we are likely to see a correction now for a buying opportunity in to the end of the week. Holding below 1259 targets 1255/54, 1252/51 with 1248 not out of the question. Minor resistance at 1259/60 but above here may re-target 1265 although gains are likely to be limited. Unlikely we can beat 1267/68 but look for a selling opportunity at 1272/74. Silver hit the next target of 1619/20 & topped exactly here but a break above is a buy signal targeting resistance at 1632/34. Holding below 1610 risks a slide to 1602/01, perhaps as far as 1590. A break below 1580 is a sell signal targeting 1563/60.
  • GBPUSD & GBPJPY
    10/07/18
    GBPUSD shorts at 1.3360/70 the perfect trade yet again as we sold off to first support at 1.3240/30 for another 120 pips profit. Longs here also working as we bounce to 1.3270. Holding above 1.3240 targets minor resistance at 1.3285/90. Above 1.3300 allows a recovery to 1.3325/35 before another selling opportunity at 1.3360/70. Stops above 1.3400. GBPJPY bounce 2 pips above the best support at 146.10/00 as we rocket to 147.20. Further gains target 147.40/50 & above 147.60 look for 147.85/95 & June high at 148.00/10. First support at 146.75/65 then a buying opportunity at 146.20/10, with stops below 145.80.
Reports for
06/07/2018
  • Bitcoin
    06/07/18
    Bitcoin beat resistance at 6440/50 & topped exactly at the selling opportunity at 6750/6800. A perfect trade! Shorts need stops above 6900. An unexpected break higher targets 7170/7200 with resistance at 7350/7390. Failure to beat strong resistance at 6750/6800 targets minor support at 6440/50 (being tested AGAIN as I write & we bottomed exactly here). Further losses expected eventually & below 6300 targets 6170/50. Below 6100 look for 6000/5980 before the crash low at 5780. Further losses target the November low at 5555.
Reports for
29/06/2018
  • S&P
    29/06/18
    Emini S&P managed a strong bounce from important 100 dma & 38.2% Fibonacci support at 2703/00 after an over run to almost 2693. We now must hold above 2717/15 to target 2723/25 & resistance at 2730/31. On further gains look for strong resistance at 2742/44 but a break higher targets 2747/48, perhaps as far as 2753/55. Minor support at 2717/15 but below here targets 2709/08 before that important 100 dma & 38.2% Fibonacci support at 2703/00. A break below 2692 targets 2689/88 & 2682/81, perhaps as far as the 4 week low at 2677/75.
  • GBPUSD & GBPJPY
    29/06/18
    GBPUSD tests important 500 day & 100 week moving average support at 1.3075/70. Try longs with stops below 1.3040. A weekly close below is an important sell signal of course targeting 1.3020/10, 1.2980/70 & 1.2930/20. A recovery targets 1.3095/99 & resistance at 1.3140/45. We should struggle but a break higher meets strong resistance at 1.3180/90. GBPJPY bounces from just above strong support at 143.65/55. Longs need stops below 143.15. A recovery targets 144.45 then resistance at 144.75/80. We should struggle here but a break higher targets 145.10/20 then resistance at 145.35/40. A weekly close below 143.00 is a sell signal targeting 142.50/40 & 141.80/70, probably as far as 141.30/20.
  • Ftse
    29/06/18
    FTSE resistance at 7610/15 but above 7625 targets 7655/60. If we continue higher look for 7695/99. First support at 7570/65 then 7520/10. On further losses look for 7480/75, 7450/45, then a retest of the low 7430/20. On further losses look for 7410/05 & 7385/75.
  • Eurostoxx
    29/06/18
    EuroStoxx holding below first resistance at 3380/82 (100 week moving average) targets 500 day moving average at 3365 then 3353/50. Further losses retest the 61.8% Fibonacci at 3328/25 which should be good support again. Below 3320 however targets the 200 week moving average at 3308/06 which should be the best support this week. Above 3385 targets strong resistance at 3410/14. A break above 3420 targets 3437/40.
  • Emini Dow Jones
    29/06/18
    Emini Dow Jones longs at 23990/980 were the perfect trade as we rocket higher & holding above 24310/320 targets 24340 then 24415/425. On further gains look for 24440 & quite strong resistance at 24520/530, but shorts here look risky. If you try, stop above 24570. A break higher targets 24680/690. Holding below 24300 risks a slide to 24270 & minor support at 24195/185. The downside is expected to be limited now but below here targets 24120/110. Obviously strong support again at 23990/980. Longs need stops below 23930. A break lower targets 23885/875 then trend line support at 23750/740.
  • Dax
    29/06/18
    Dax 100 week moving average at 12115. However a break below the small gap at 12082 targets good support at the 500 day moving average at 12055/045. A weekly close below here would be negative of course for the start of next week. We then target 11975, 11930, 11870. First resistance at 12250/260 is minor but 12350/360 more of a challenge. Further gains retest 12410/420 but above here this time targets 12510/520. Try shorts with stops above 12570.
Reports for
22/06/2018
  • Bitcoin
    22/06/18
    Bitcoin holding below first resistance at 6750/70 targets 6670/60 then support at 6520/6500. Below 6450 targets 6350/40 & 6250/40 before the low at 6140/20. Further losses test the important crash low at 5950/20. Strong resistance at 6750/70 but shorts need stops above 6850. A break higher targets 6920/50. Further gains test the May low at 7020/30 but if we continue higher look for Fibonacci resistance at 7140/60.