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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
30/06/2015
  • AUDUSD
    30/06/15
    AUDUSD first support at 7650/45 but below here we test 3 month trend line support at 7630 for profit taking on any remaining shorts. If however this does not hold the downside we retest June lows at 7595/85. A break below here today to target 7555/50 & perhaps as far as important support at April lows at 7530. A positive candle yesterday may signal a further recovery today. Holding 7650/45 targets resistance at 7685/90. We should struggle here initially but if we continue higher look for stronger resistance at 7710/15. Sell here, stop 7735. Target1 @7685 (trail stop to entry), Trgt2 @7650. On a break higher however we meet minor resistance at 7745/50 then the 100 day moving average at 7765/70 & a good chance of a high for the day.
Reports for
17/06/2015
  • Gold
    17/06/15
    Gold remains in a 4 week bear trend with first resistance at 1179/80. Failure to beat this level targets 1173/72. If we continue lower look for 1168 then a test of June lows at 1163/1162. Sell at 1179/80, stop 1185. Target1 @1175 (trail stop to entry), Trgt2 @1172 then 1168. A break higher however meets stronger resistance at 1188/89. Sell here again, stop 1194. Target1 @1184 (trail stop to entry), Trgt2 @1180 then 1175. However if we continue higher today look for the next selling opportunity at 1195/96. Sell here, stop 1201. Target1 @1191 (trail stop to entry), Trgt2 @1184.
  • USDJPY
    17/06/15
    USDJPY must again hold above 123.20 to re-target resistance at 123.70/75. We should struggle here again but be ready to buy a break above 123.85 to target 124.20. A good chance of a high for the day but shorts need stops at 124.35. Be ready to buy a break above 124.30 to target strong resistance at 124.55/60. First support at 123.20 is key to direction today & a break below 123.10 should trigger stops on longs. Be ready to sell a break below 123.10 to target 122.85 then a retest of last week's low at 122.45/40. Buy here, stop 122.20. Target1 @122.65 (trail stop to entry), Trgt2 @122.85. Be ready to sell a break below 122.20 however to target 122.05/00. A good bounce from here expected on the first test at least, but if we continue lower look for excellent support at 121.60/55. Buy here, stop 121.25. Target1 @121.95 (trail stop to entry), Trgt2 @122.35 then 122.75.
  • AUDUSD
    17/06/15
    AUDUSD first support at 7725/20 but a break lower is a sell signal. Be ready to sell a break below 7720 to target 7700/7695 then support at 7675/70. A bounce from here possible so worth covering shorts. However be ready to sell a break below here again to target 7625/20. Try longs with stops at 7595. Target1 @ 7650, target2 @ 7670. Strong resistance at 7780/90 is key to direction. Sell here again, stop 7810. Target1 @7765 (trail stop to entry), Trgt2 @7740. However a break above 7800 is a strong buy signal. Be ready to buy a break above 7800 to target 7840 then 7860 & resistance at 7875/80.
  • WTI Crude
    17/06/15
    WTI Crude failure to beat first resistance at 6000/5990 re-targets 5940/35 then good support at 5880/70. Be careful as less chance this will hold the downside today. Stop @5850 if long. Target1 @5930 (trail stop to entry), Trgt2 @5980. Be ready to sell a break below 5850 however to target 5825 then 5790/5780. Buy here, stop 5730. Target1 @5830 (trail stop to entry), Trgt2 @5870. First resistance at 6000/6010. Sell here, stop 6045. Target1 @5940 (trail stop to entry), Trgt2 @5890. Be ready to buy a break above 6045 however to target 6065 & perhaps as far as 6120/25. Above here targets resistance at 2 week highs at 6158/6182 & a good chance of a high for the day. Be ready to buy a break above 6200 however for a test of May highs at 6250/60. *AUGUST IS TRADING ABOUT 45 TICKS ABOVE JULY*
  • Dax
    17/06/15
    Dax September first resistance at 11,060/070 is key to direction. Be ready to buy a break above 11,090 to target minor resistance at 11,120/130 then strong resistance at 11,190/200 & good chance of a high for the day. Sell here, stop 11,245. Target1 @11,140 (trail stop to entry), Trgt2 @11,090. Be ready to buy a break above 11,240 however to target 11,275/285 then resistance at 11,310/320 for profit taking. Failure to beat first resistance at 11,060/070 triggers a move to 11,000 & perhaps as far as 10,960/950. Buy here, stop 10,910. Target1 @11,000 (trail stop to entry), Trgt2 @11,060. A break below 11,950 however risks a slide to 10,870 & perhaps as far as yesterday's low at 10,805. Buy here, stop 10,785. Target1 @10,870 (trail stop to entry), Trgt2 @10,940. Be ready to sell a break below 10,800 to target 10,735.
Reports for
16/06/2015
  • USDJPY
    16/06/15
    USDJPY must again hold above 123.20 to re-target resistance at 123.70/75. We should struggle here again but be ready to buy a break above 123.80 to target 124.15/20. A good chance of a high for the day but shorts need stops at 124.35. Be ready to buy a break above 124.30 to target strong resistance at 124.55/60. First support at 123.20 is key to direction today & a break below 123.10 should trigger stops on longs. Be ready to sell a break below 123.10 to target 122.85 then a retest of last week's low at 122.45/40. Buy here, stop 122.20. Target1 @122.65 (trail stop to entry), Trgt2 @122.85. Be ready to sell a break below 122.20 however to target 122.05/00. A good bounce from here expected on the first test at least, but if we continue lower look for excellent support at 121.60/55. Buy here, stop 121.25. Target1 @121.95 (trail stop to entry), Trgt2 @122.35 then 122.75.
  • Emini Dow Jones
    16/06/15
    Emini Dow Jones must hold above 17,790 to build on yesterday's bounce & target first resistance at 17,840/850. This could hold a move higher but shorts need stops at 17,890. Stronger resistance at 17,930/940 is a better selling opportunity. Sell here, stop 17,970. Target1 @17,900 (trail stop to entry), Trgt2 @17,860 then 17,790. An unexpected break higher however targets 18,000/010. If we continue higher look for a selling opportunity at 10,080/090, with stops at 18,120. Below 17,780 keeps the pressure on for a retest of short term support at 17,710/700. Be ready to sell a break below here however for a test of support at 17,650/640. Buy here, stop below the 200 day moving average at 17,590.
  • Gold
    16/06/15
    Gold remains in a 4 week bear trend with first support at 1179/78 for profit taking on any shorts. A bounce possible on the first test at least, but be ready to sell a break below here to target 1173/72. If we continue lower look for 1168 then a test of June lows at 1163/1162. Holding first support at 1179/78 allows a test of minor resistance at 1183 then stronger resistance at 1188/89. Sell here again, stop 1194. Target1 @1184 (trail stop to entry), Trgt2 @1180. However if we continue higher today look for the next selling opportunity at 1195/96. Sell here, stop 1201. Target1 @1191 (trail stop to entry), Trgt2 @1184.
  • GBPUSD
    16/06/15
    GBPUSD bulls are in control despite overbought conditions. First support at 1.5555/50 could hold the downside but longs need stops at 1.5530. Better support at 1.5520/10 could mark a low for the day. Buy here, stop 1.5485. Target1 @1.5550 (trail stop to entry), Trgt2 @1.5590/1.5600. An unexpected break below 1.5490 however targets 1.5460/50. Buy here, stop 1.5425. Target1 @1.5490 (trail stop to entry), Trgt2 @1.5510 then 1.5550. First resistance at 1.5600/10 but with the outlook positive, be ready to buy a break above here to target 1.5630/35 then 1.5690/1.5700.
  • WTI Crude
    16/06/15
    WTI Crude failure to beat first resistance at 6000/5990 re-targets 5940/30 then good support at 5880/70. Be careful as less chance this will hold the downside today. Stop @5850 if long. Target1 @5930 (trail stop to entry), Trgt2 @5980. Be ready to sell a break below 5850 however to target 5825 then 5790/5780. Buy here, stop 5730. Target1 @5830 (trail stop to entry), Trgt2 @5870. First resistance at 5990/6000. Sell here, stop 6040. Target1 @5940 (trail stop to entry), Trgt2 @5890. Be ready to buy a break above 6030 however to target 6055/65 & perhaps as far as 6120/25. Above here targets resistance at 2 week highs at 6158/6182. Be ready to buy a break above 6200 for a test of May highs at 6250/60.
Reports for
12/06/2015
  • Dax
    12/06/15
    Dax first support at 11,320/310 but below here is more negative for today with the market overbought short term. Be ready to sell a break below here to target 11,265 & perhaps as far as 11,230/225. Buy here, stop 11,190. Target1 @11,265 (trail stop to entry), Trgt2 @11,310 then 11,350. Be ready to sell a break below 11,200 however to target 11,160/155. A good chance this will hold the downside but below here a buying opportunity at 11,090/085. Buy here, stop 11,040. Target1 @11,155 (trail stop to entry), Trgt2 @11,215. Minor resistance at 11,385/390 but above here targets strong resistance at 11,455/460. A good chance of a high for the day again. Sell here, stop 11,495. Target1 @11,420 (trail stop to entry), Trgt2 @11,380 then 11,315. A break above 11,470 however is a buy signal & targets minor resistance at 11,520/525 then 11,590.
Reports for
11/06/2015
  • Gold
    11/06/15
    Gold minor resistance at 1189/90 but above here a selling opportunity at 1196/97. We could stop at 1201 but be ready to sell again at 1203/04. Failure to beat minor resistance at 1189/90 triggers a move to minor support at 1183 but we could continue lower to better support at 1179/78. A low for the day possible here. Buy here, stop 1174. Target1 @1183 (trail stop to entry), Trgt2 @1188.
  • Dax
    11/06/15
    Dax raced to resistance at 11,110/115 in the morning but we wrote: Be ready to buy a break above 11,130 to target strong resistance at 11,230/235. I thought a 300 point rally would be enough but we unexpectedly continued higher to 11,306. Dax must now hold above 11,230 to build the recovery & above 11,270 re-targets 11,306. Be ready to buy a break above to target 11,375/80 then 11,410/420. This is a tough challenge for bulls but further gains not out of the question to strong resistance at 11,455/460. A good chance of a high for the day. Sell here, stop 11,495. Target1 @11,420 (trail stop to entry), Trgt2 @11,380 then 11,315. First support at 11,200 & a bounce from here expected on the first test at least, but further losses meet a buying opportunity at 11,140/135. Buy here, stop 11,095. Target1 @11,190 (trail stop to entry), Trgt2 @11,230 then 11,290. An unexpected break below 11,100 however risks a slide to support at 11,030. Buy here, stop 10,985. Target1 @11,080 (trail stop to entry), Trgt2 @11,130.
  • AUDUSD
    11/06/15
    AUDUSD first support at 7730/25 but we are dipping just below here as I write which is more negative for today. We could continue lower to target minor support at 7690 then better support at 7670. Buy here, stop 7650. Target1 @7690 (trail stop to entry), Trgt2 @7720. Only above 7730 is less negative for today & could trigger a move to 7745 before strong resistance at 7790/7800. Sell here again, stop 7825. Target1 @7765 (trail stop to entry), Trgt2 @7740. However be ready to buy a break above 7815 to target 7840 then 7860 & resistance at 7875/80.
  • EURUSD
    11/06/15
    EURUSD lacking any trend direction. Minor resistance at 1.1305/10 but above here targets 1.1345/50 & perhaps as far as strong resistance at 1.1380/90. A good chance of a high for the day here again today. However a break higher meets May highs & 4 month trend line resistance at 1.1440/50. Sell here, stop 1.1475. Target1 @1.1415 (trail stop to entry), Trgt2 @1.1380 then 1.1350. Just be aware that a close above 1.1470 signals a positive breakout for the pair & the start of a medium term bull trend to target 1.1670, perhaps as far as 1.1750/60, even 1.1950. First support at 1.1260/55. Buy here, stop 1.1240. Target1 @1.1300 (trail stop to entry), Trgt2 @1.1340 then 1.1380. However be ready to sell a break below 1.1250 to target 1.1220/15 & perhaps as far as good support at 1.1180/75. Buy here, stop 1.1150. Target1 @1.1215 (trail stop to entry), Trgt2 @1.1250.