Day Trade Ideas App
Our App lets you login and see your reports, quickly and easily from your mobile.

COMING SOON

Free Reports

Daily free technical analysis reports with trade signals.

Reports for
28/11/2014
  • EURUSD REPORT
    28/11/14
    EURUSD now testing the next target of 1.2455/50 as I write, for profit taking on any remaining shorts. This is the key to direction today & although the outlook is very negative, a bounce from here initially this morning is certainly possible. However any longs need stops below 1.2430 & on a break lower look for a move towards the next support at 1.2415/05, but be aware that a break below 1.2400 should then target the November double bottom lows at 1.2360/55. Obviously a weekly close tonight below here would add pressure in to the start of December in the seven-month bear trend & target 1.2290/85 then 1.2254/44. Holding support at 1.2455/50 triggers a small bounce to 1.2465/70 & perhaps as far as 1.2475/80. If we continue higher look for a selling opportunity at 1.2505/10. A high for the day is expected but shorts need stops above 1.2530. Just be aware that a weekly close tonight above 1.2505/10 would be much more positive in to the start of December.
Reports for
25/11/2014
  • Silver Futures REPORT
    25/11/14
    Silver is now breaking above four-month trendline resistance at 1630 today, in a very positive signal. However we need a break above very strong Fibonacci resistance at 1660/70 to confirm a positive breakout. Be ready to go with a move higher and it could be a very quick move to 1702/12. There is a good chance we won't make any higher today but shorts here this week need a stop above 1720. The problem is 1660/1670 is such a strong resistance level as we become overbought that there is a good chance we cannot get through here today and we will need a pullback into the end of November before perhaps challenging this again in December. Failure here today therefore tests support at 1635/32 then 1625/22. If we continue lower look for excellent support at 1606/1602 for a buying opportunity. A low for the day is expected here but our longs need a stop below 1585.
  • EURGBP REPORT
    25/11/14
    EURGBP same levels apply for today with good support today at 7899/7894 to try longs with a stop below 7885. Be ready to go with a break lower however to target 7862 and perhaps even 7848/45. Above 7917 is more positive for today and allows a little recovery to target resistance at 7940/7945. A good chance of a high for the day here. Try shorts with a stop above 7960. Just be aware that on a break higher we could then target 7970 and possibly resistance at 7980/83 for a selling opportunity.
  • AUDJPY REPORT
    25/11/14
    AUDJPY has important support at 101.30/25 today with a break lower to turn the short term outlook more negative. We do have very good Fibonacci support at 101.05/100.95 however, which is likely to hold the downside today. It should be worth trying longs here with a stop below 100.75. Just be aware that a break lower would then target 100.60 and perhaps as far as good support at 100.45/40. Strong resistance at 101.65/70 could hold any bounce today but above here look for a selling opportunity at 102.15/20 with a stop above 102.40. Only a break above Friday's high at 102.82 turns the outlook positive again.
Reports for
21/11/2014
  • Silver Futures REPORT
    21/11/14
    Silver same levels apply for today with immediate resistance at 1618/20 then 1635/45 with a high for the day expected. Just bear in mind only a weekly close above 1645 tonight is positive for next week. Try shorts with stops above 1655. However be ready to go with a break above 1665 as this is a positive buy signal & targets 1702/1710. Support at 1595/90 is the key to the downside & could hold initially at least. Below 1590 today however should target 1580/77 then good support at 1565/61. A good chance of a low for the day here and should be worth buying into longs with a stop below 1550. Just be aware that a break lower again would target 1535.
  • AUDJPY REPORT
    21/11/14
    AUDJPY same levels apply for today as we hold a range of 101.31-101.98 in the last 3 days & 101.23-102.38 this week. Immediate support at 3 day lows of 101.40/30. Any longs here today need stops below 101.15. Be ready to go with a break lower today for a move towards good support at 100.80/75. A low for the day is expected here. Try longs with stops below 100.50. An unexpected break lower however targets 100.20. Immediate resistance at 101.90/102.00 then this week's high at 102.28/38 is a big challenge with the pair severely overbought at this stage. A high for the day is expected but we must always be ready to go with a break higher in a bull tend, to target 102.63/68 & perhaps as far as 102.90/93.
  • USDCAD REPORT
    21/11/14
    USDCAD have bottomed so far at 1.1288 so 1.1290/1.1288 is key to direction today. Be ready to go with a break lower to target 1.1275 then good support at 1.1260/55. Try longs with stops below 1.1240. On an unexpected break lower use trend line support at 1.1220 as another buying opportunity. Immediate resistance at 1.1305/10 but above here is more positive for today & targets resistance at 1.1330/35. This is absolutely key to next weeks direction. If we can make a break and close above here tonight, this is very positive for next week. Above here today we should quickly target this week's high at 1.1360/65. If we continue higher look for a test of strong resistance at 1.1385/90.
  • Wheat CME REPORT
    21/11/14
    Wheat now looks more positive above 542/544 but will now need to beat Wednesday's high at 549/550 to build on gains & target 552/553. A good chance this will hold a move higher today but shorts need a stop above 555. On a break higher we should then target 558/559 and bear in mind November highs just above at 564/565. Failure to hold above 544 keeps a single two-day range risking a move back to 541 then 538. Below here 535/534 is very important support again today but longs need stops below 532. Bear in mind that a weekly close below here would start next week on a much more negative outlook & we could quickly target 527/526 today.
  • Soybeans CME REPORT
    21/11/14
    Soybeans immediate resistance at 1020 but the big challenge today is at 1026/27. We must get back above here to continue the seven-week recovery. More importantly we need a weekly close above here tonight for a more positive outlook next week. We then run into trendline resistance at 1033 and again at 1037 so there are quite a few obstacles before we can challenge this week's high at 1042. Watch 1012 on the downside as below here risks a retest of this week's low at 1005/04. Just below meets strong short term support at 1000/999. Longs need stops below November lows at 995. Be ready to go with a break lower however, as this is a negative sell signal & targets 986/985.
  • Corn CME REPORT
    21/11/14
    Corn 371/370 level will be the key for today's direction. We are still just about in a seven-week Bull trend recovery and if we can hold above here today we can resume this trend. A break above 374/375 is then required to target strong resistance at 377/378. A very good chance of a high for the day here and it should be worth trying shorts with a stop above 380. Bulls will need to push through 382 to ensure further gains and target trendline resistance at 387/388 coupled with November highs at 389. Failure to hold onto good support at 371/370 is likely to trigger a move to 368 and perhaps as far as 366/365. It should be wise to exit any shorts here and try longs from here down to that important 100 day moving average support at 362. Just bear in mind that a WEEKLY close below here tonight would be much more negative for the start of next week.
  • Bund REPORT
    21/11/14
    Bund today will need to hold above 151.55/50 to retest the two-day high at 151.75/77. Any shorts need a stop above the three day high at 151.85 for a chance to retest the high of the five-week range at 152.05/08. Above here we meet nine week trendline resistance at 152.25. Immediate trend line support at 151.45 but any longs need a stop below 151.30 as a break lower risks a retest of this week's lows at 151.00/95. Be ready to jump into shorts on a break below 150.90 as we should then target 150.78/77 before support at 150.68/63. Try longs with a stop below 150.50. A break below here however targets 150.25. Any further losses meet late October lows at 150.10/05 for a buying opportunity with a stop below 149.85.
  • Nat Gas REPORT
    21/11/14
    Natural Gas same levels apply for today with immediate support at 4370/60. Below here risks a slide to good support at 4310/4290. If this does not hold we risk a move to 4230/20 & perhaps as far as very good support at 4165/4155. Try longs with a stop below 4120. If we can hold above 4410 the outlook is more positive and should target 4445 then this week's high at 4503/08. Just above here we meet November highs at 4544. We sold off sharply from here last week, so we should struggle here again this week, but obviously a break and WEEKLY close above here tonight would be a positive signal in to next week & could trigger a move to 4590/4600. Any further gains me Fibonacci resistance at 4660/70 and we should struggle here on the first test at least.
  • WTI Crude REPORT
    21/11/14
    WTI Crude beat strong resistance at 7620/7630 after stalling here initially to confirm a more positive outlook & the bottom we expected. We should push on quickly to 7660/7665 then 7710 & perhaps as far as 7745/50 today. If we continue higher look for a target of 7820/30 and a high for the day expected here. Try shorts with a stop above 7865. 7630/20 is now good support, but longs need a stop below 7580. Back below here keeps the market in a range and risks a move to 7540 then 7510. Try longs positions here in the hope of a low for the day with a stop below 7475.
  • USDJPY REPORT
    21/11/14
    USDJPY hit our targets of 118.55/60 & 118.85/90. We topped exactly here at 118.96. A break above 119.05 today triggers further gains to 119.40/45 & perhaps as far as 119.85/90. However a good chance of a high for the day here. We do have good support at 117.75 today but longs may be wise to stop out below 117.60 as a break lower risks a slide as far as 117.10/05. This should be an excellent buying opportunity with a low for the day expected. Buy into long positions with a stop below 116.80. Just be aware that in the unlikely event of further weakness we could target 116.45/40 for an excellent buying opportunity.
  • AUDUSD REPORT
    21/11/14
    AUDUSD same levels apply for today for today. Key to direction is 8635/40 but a push higher looks more likely today and should target resistance at 8675/80 where a high for the day is expected. Shorts need a stop above 8700. However be ready to go with an unexpected break higher using 8680 as support for a move towards 8725/30 for profit-taking on longs. Below 8610 signals a rejection of resistance at 8635 and should re-target 8565/8555. The daily chart outlook is still quite negative so a retest of November lows at 8540/38 is certainly possible. A good chance of a low for the day but longs need stops below 8525. Obviously a break and WEEKLY close below here is very negative going forward in to next week and ensures a resumption of the three-month bear trend.
  • GBPUSD REPORT
    21/11/14
    GBPUSD same levels apply for today & the key to direction today is 1.5670 once again. We do have a small positive double bottom pattern in a very oversold market so we could start to build a recovery into the end of November. Immediate resistance is at 1.5725/35 and we should struggle here today with a potential high once again. However shorts need stops above 1.5765. On a break we should find 1.5730/25 then acting as good support for a move towards strong resistance at 1.5805/15. This is an excellent short-term selling opportunity and we do expect a high for the day. Shorts need stops above 1.5840 Below 1.5670 keeps the market in a range and risks a slide back to 1.5640/30. Below here we could retest the double bottom low at 1.5595/90. Try longs again with a stop below 1.5570. Obviously a break lower is very negative and could signal the start of the next leg lower in this four-month bear trend. We could then very quickly target 1.5505.
  • Gold REPORT
    21/11/14
    Gold will need to hold above 1193 & beat 1197 for a chance to retest our selling opportunity at 1202/04. Try shorts with stops above 1208. However if we see a break higher today. We could quickly target the next resistance at 1213/14. A high for the day is expected here so try shorts with a stop above 1218. Immediate support at 1187/86 could hold the downside initially this morning but below here better support at 1178/76 is a buying opportunity, with a stop below 1172. However be ready to go with a break lower as the daily chart is not that positive and we will should then quickly target 1168/1167. If this does not hold a move lower look for a buying opportunity at 1160/1159 with a stop below 1155.
  • Mini Russell 2000 REPORT
    21/11/14
    Mini Russell recovered to immediate resistance at 1168/1169. We topped exactly here but be ready to go with a break higher today to target the next resistance at 1176. We should struggle initially but if we continue higher look for a selling opportunity at 1186/1187. Exit longs & try shorts from here up to last week's high at 1190.50. It is unlikely we can beat this level today but we need stops above 1193 for a move towards 1203/06 then a retest of all time highs at 1212/13. Failure to beat 1168/1169 should trigger a move lower to 1161/60. If we continue lower look for good support at 1156/1154. A good chance this will hold the downside today but below here we are likely to retest this week's low at 1149/1148. Use this as another buying opportunity but we need a wider stop here below the 100 day moving average at 1139. Just be aware that a weekly close below in 1146 tonight would be negative further next week, more so one close below 1139.
  • S&P REPORT
    21/11/14
    Emini S&P all time high resistance at 2053/54. There is the risk of a small double top pattern here at the end of the week, but shorts will need a stop above 2057. Any further gains today meet short-term trendline resistance at 2063/64. Watch for a high for the day here but be ready to go with yet another break higher in this incredibly strong Bull trend to target 2070/71. Immediate support at 2048/47 then 2044/43. Exit shorts here & try longs at 2041/40 with a good chance of a low for the day here. However how longs need a stop below 2035. A break then targets excellent support at 2032/31, with very little chance of the market going any lower than this point today. Buy into longs with a stop below 2024.
Reports for
20/11/2014
  • Copper Futures REPORT
    20/11/14
    Copper is stuck in a range from 2.990/2.985 up to 3.050/3.060. We can only trade this range while we wait for a breakout. Just be aware that we have some support at 3.025/3.020 and below here at 3.000. We must be ready for a breakout when it comes and any longs at the bottom of the range today will need a stop below 2.980. Be ready to jump into shorts on a break lower look for a target of November lows at 2.965. This is likely to hold the downside initially but just be aware that any further losses into the end of November could test October lows at 2.952. Try shorts at the upper end of the range at 3.050/3.060 but with stops above 3.070. Be ready then for a test of strong trendline resistance at 3.077. This is another selling opportunity with a stop above 3.083.
  • Silver Futures REPORT
    20/11/14
    Silver support at 1595 is the key to direction today. The failure to beat strong resistance at 16.55/65 yesterday has now turned the outlook negative. Below 1595 today should target 1580/77 then good support at 1565/61. A good chance of a low for the day here and should be worth buying into longs with a stop below 1550. Just be aware that a break lower again would target 1535. Immediate resistance at 1618/20 but above here we could target 1635/40. Exit any longs and try shorts from here up to 1655/65 which is expected to hold any move higher again today. Shorts need stops above 16.75. Be ready however to go with an unexpected positive break higher to target 17.02/17.10.
  • AUDJPY REPORT
    20/11/14
    AUDJPY immediate support at 3 day lows of 101.35/25. Any longs here today need stops below 101.15. Be ready to go with a break lower today for a move towards good support at 100.80/75. A low for the day is expected here. Try longs with stops below 100.50. An unexpected break lower however targets 100.20. Immediate resistance at 101.90/95 then this week's high at 102.28/38 is a big challenge with the pair severely overbought at this stage. A high for the day is expected but we must always be ready to go with a break higher in a bull tend, to target 102.63/68 & perhaps as far as 102.90/93.
  • Emini Dow Jones REPORT
    20/11/14
    Emini Dow Jones tested the 17600 level to bottom at 17591. Prices topped 13 ticks below resistance at 17695/17700. This all time high could hold a move higher again today as we appear restricted by overbought conditions. Any further gains however could make it as far as 17735/740 then 17770/75. Watch 17640/630 then yesterday's low at 17590. Be ready to go with a break lower today to target support at 17550/540. Buy into longs expecting a low for the day with a stop below 17510. Just be aware that a break lower however could then target 17455/45 before an excellent buying opportunity at 17400/390.
  • E Mini Nasdaq REPORT
    20/11/14
    E-Mini Nasdaq trend line support is at 4212 today then good support at 4204/01. Try longs with stops below 4190. However. Be ready to jump into shorts on a break as this is a negative short-term signal and we could quickly target 4180/78. If we continue lower look for good support at 4170/4168. A good chance of a low for the day here so try longs with a stop below 4161. Immediate resistance at 4230 but above here could target yesterday's high at 4242/43 then November highs at 4248/49. Watch for a high for the day. If however we continue higher today look for 4254 & 4270/75.
  • Ftse REPORT
    20/11/14
    FTSE held Fibonacci resistance at 6716/6719 yesterday & this is the key to today's direction again. Severely overbought short term now & on the daily chart but shorts need stops above 6735. A break higher keeps bulls in control & can target 6755/60 then 6770/75. Below 6690 is more negative & risks a retest of support at 6670/66. Be ready to go with a break lower today however as the outlook turns less positive to target 6650 then good support at 6633/29. A low for the day is expected. Try a long with a stop below 6610.
  • Dax REPORT
    20/11/14
    Dax big challenge again today is the 200 day moving average at 9508/10 again today. We are overbought short-term so there is a good chance of a high for the day here but shorts need a stop above 9535. A break higher is obviously a positive signal and we should go on to target resistance at 9560/70. Our first support level today is at 9430/25 but below here targets 9380/75. Try longs with a stop below 9350. Below here is more negative for today and should target 9325 then 9280. Just be aware that we have very strong short term support at 9255/45 this week for a buying opportunity.
  • Brent Crude REPORT
    20/11/14
    Brent Crude looks like it has bottomed. It is too risky to run shorts any further. Immediate resistance at 7870/75 but above here targets 7940/45. We topped exactly here yesterday but if we continue higher look for a test of strong resistance at 7990/8000 & a high for the day expected. Try shorts with stops above 8030 but be ready to go with a break higher. This ensures a more positive outlook and targets 8045/8055 then resistance at 8085/90. Unlikely any further gains at this stage, but just be aware of strong resistance at 8175/8195. This will be a major challenge & it is only above here, that Bulls can really feel confident this week. Immediate support at this weeks low at 7805/7794. A break lower however risks a retest of of last week's low at 7686/76 for a buying opportunity, with stops below 7640. Obviously a break and close below here would negate any chance of a recovery and is likely to signal a resumption of the five month bear trend.
  • WTI Crude REPORT
    20/11/14
    WTI Crude held excellent support at 7410/00 as we continue to look for a bottoming process. Only a break below Friday's low at 7325 is negative for this week & could then target 7250/40. Immediate resistance at 7510/20 is key to direction today. We should struggle here but shorts need stops above trend line resistance at 7545. Be ready to go with a positive break higher however to target strong resistance at 7620/7630. A high for the day likely so try shorts with stops above 7660. Just be aware that a break higher this week confirms a more positive outlook & we should push on quickly to 7660/7665 then 7710.
  • AUDUSD REPORT
    20/11/14
    AUDUSD outlook remains quite negative but we are oversold short-term so the downside could be a little bit more limited. The key to direction is 8590. Below here should target 8565/8555 and perhaps even a retest of November lows at 8540/38. A good chance of a low for the day but longs need stops below 8525. Obviously a break and close below here is very negative going forward and ensures a resumption of the three-month bear trend. Immediate trendline resistance is at 8635/40 and any shorts here will need a stop above 8655. A break higher is a little more positive for today but we do run into resistance at 8680. Exit longs here and try shorts up to 8700/10 where a high for the day is expected. Shorts need a stop above 8725.
  • GBPUSD REPORT
    20/11/14
    GBPUSD key to direction today is 1.5670. We do have a small positive double bottom pattern in a very oversold market so we could start to build a recovery into the end of November. Immediate resistance is at 1.5720/30 and we should struggle here today with a potential high. However shorts need stops above 1.5765. On a break we should find 1.5730 then acting as good support for a move towards strong resistance at 1.5805/15. This is an excellent short-term selling opportunity and we do expect a high for the day. Shorts need stops above 1.5840 Below 1.5670 keeps the market in a range and risks a slide back to 1.5640/30. Below here we could retest the double bottom low at 1.5595/90. Try longs again with a stop below 1.5570. Obviously a break lower is very negative and could signal the start of the next leg lower in this four-month bear trend. We could then very quickly target 1.5505.
  • EURUSD REPORT
    20/11/14
    EURUSD is likely to have just ended the recovery now. This was just a bear flag bounce in a bear trend. First target & support at 1.2515/05 today which could hold the downside initially but longs need a stop below 1.2480. Be ready to go with a break lower using resistance at 1.2505/15 to enter shorts and look for a move to 1.2455/50. A low for the day would be expected here but longs need stops below 1.2430. Immediate resistance at 1.2570/75 then strong resistance at 1.2600/10 for another selling opportunity. A good chance of a high for the week but shorts need stops above 1.2630. Be ready to go with an unexpected positive break higher as this would signal the start of a new leg higher to to target 1.2675/85.
  • Gold REPORT
    20/11/14
    Gold may have ended the recovery & support at 1178/1176 is the key to direction today. Longs need stops below 1172. Be ready to go with a break lower with risks to the downside today. We could target 1168/67 & a bounce from here on the first test is possible. HOWEVER eventually we could continue lower to better support at 1160/58. A good chance of a low for the day here. Try longs with stops below 1154. Holding support at 1178/1176 is more neutral for today & meets immediate resistance at 1186/87. We should struggle here but shorts need stops above 1193. If we continue higher look for a selling opportunity at 1201/02. Try shorts with stops above 1207.
  • Mini Russell 2000 REPORT
    20/11/14
    Mini Russell key to direction is the 1156/1154 level today. Below risks a retest of yesterday's low at 1148. If we continue lower look for good support at 1145/44 for a buying opportunity with stops below 1139. Next target & buying opportunity at 1134/32 & a good chance of a low for the day. Longs need stops below 1129. Above 1161 is more positive & targets immediate resistance at 1168/1169. Try shorts with stops above 1176. If we continue higher today however look for a test of the next resistance at 1186/1187. Exit longs & try shorts from here up to last week's high at 1190.50. It is unlikely we can beat this level today but we need stops above 1193 for a move towards 1203/06 then a retest of all time highs at 1212/13.
  • S&P REPORT
    20/11/14
    Emini S&P same levels apply for today but we need to get back above 2051 in order to retest this week's new all time high at 2054. Any further gains today meet short-term trendline resistance at 2060/62. Watch for a high for the day here but be ready to go with yet another break higher in this incredibly strong Bull trend to target 2066 then 2070/71 & further trendline resistance at 2075. Immediate support at 2042/40 but below here could test trend line support at 2037/36. Try longs with stops below 2032. A break below risks a retest of this week's low at 2025.
Reports for
18/11/2014
  • Silver Futures REPORT
    18/11/14
    Silver support at 1604/02 today but longs need stops below yesterday's low at 1597. If we continue lower however good support at 1592/90 should be a good buying opportunity to try longs with stops below 1580. A break lower however risks a slide as far as 1565 for a buying opportunity with stops below 1555. Only above 1615 is more positive for today & targets 1625/30 then yesterday's high at 1640/45. Above here, 5 month trend line & Fibonacci resistance at 16.59/64 is a big challenge & a high for the day likely. Try shorts with stops above 16.70. Be ready to go with a very positive break higher however to target 17.02/17.10.
  • EURGBP REPORT
    18/11/14
    EURGBP will now need to beat 7970 for a chance to retest important resistance at 7990/8000. This remains a big challenge today & in fact a good chance we will turn lower from here once again, but shorts need stops above 8010. Be ready to go with a break higher to target 8025/8030 then a selling opportunity at 8047/52. Failure to get through important resistance area at 7990/8000 as we become overbought triggers further profit-taking. In fact if we cannot beat 7970, a retest of support at 7952/7948 is expected. There is less chance of this level holding the downside today. Therefore longs need stops below 7940. Be ready to go with a break lower to target 7925/20 for an excellent short term buying opportunity with stops below 7910.
  • AUDJPY REPORT
    18/11/14
    AUDJPY tested support at 101.40/35 as predicted. Any longs here today again need stops below 101.20. If we continue lower look for good support at 100.85/75. A low for the day is expected here. Try longs with stops below 100.50. Immediate resistance at 101.90 but above here is more positive for today. We do have a negative candle formation on the short term charts. It therefore looks like it will be a big challenge to break yesterday's high at 102.38. As stated the pair are severely overbought, so there are risks to the downside this week. However we must still be ready to go with a break higher, to target 102.63/68 & perhaps as far as 102.90/93.