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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
27/05/2016
  • WTI Crude
    27/05/16
    WTI Crude first support at 4880/4870 is very important in the short term. If bulls are to retain full control we should see a bounce from here. However longs need stops below 4840. A break below 4850 targets support at 4780/70. A bounce from here looks likely on the first test at least but be aware that further losses targets a good buying opportunity at 4725/20. First resistance at 4920/25 is very minor but above here targets 4955/60 then 5010/15. We are in a bull trend with only the weakest negative signal yesterday, so above 5025 today targets 5040/44, 5070/74, & perhaps as far as 5090 in to next week.
Reports for
26/05/2016
  • Dax
    26/05/16
    Dax first resistance at 10240/250 of course but above here targets 10280/290. Eventually we could reach 10310/320 this week. Failure to beat 10240/250 in short term overbought conditions risks a slide to 10175/170, perhaps as far as a buying opportunity at 10130/120. Longs need stops below 10090. NOTE a close below 10120 would be a negative signal for Friday. A break below 10120 today targets support at 10060/050.
  • Eurostoxx
    26/05/16
    EuroStoxx important trend line resistance at 3060/65 is key to direction of course. Shorts need stops above 3075. A break (& close for confirmation) above 3070 is a buy signal but bulls need to beat April highs of 3094 for more positive confirmation. Next target & strong resistance at March highs & 200 day moving average at 3125/30. Failure to beat 3060/65 in short term overbought conditions targets first support at 3020. A break below 3011 risks a slide to minor support at 2998/96. If we continue lower look for a buying opportunity at 2065/60.
  • Bund
    26/05/16
    Bund dipped to 163.80/75 by the close. There is more hope for bulls now & if we can hold on here look for 163.95 then 164.05/07 & 164.17 before last week's high at 164.28. If we continue higher look for 2 week May highs at 164.49. Holding below 163.80/75 however targets 163.60/55 then support at 163.40/35 but again, strong support at 163.10/05 is the most important of the day. Longs need stops below 162.90. A break & close below 163.00 acts as a sell signal targeting minor support at 162.72/68 then strong support at 162.30/25.
  • E Mini Nasdaq
    26/05/16
    Emini Nasdaq overbought short term but o; still quite positive. First resistance at 4489/90 but above here targets quite strong resistance at 4500/03 as we become overbought short term. However a break above 4510 then targets a selling opportunity at 4536/40. Shorts need stops above 4550. First support at 4460/55 but better support at 4440/35 could hold the downside. However if we continue lower look for a buying opportunity at 4415/10. Longs need stops below 4400.
  • Emini Dow Jones
    26/05/16
    Emini Dow Jones first resistance at 17860/869 but the November/December 2015 high at 17900/906 should be more of a challenge. On a break higher we target 18000/18010 but above here, little to stop a retest of April highs at 18075/083. Failure to beat first resistance at 17860/869 targets 17790/780 then strong support at 17740/730. Watch for a low for the day but longs need stops below 17700. Look for another buying opportunity at 17660/650. Longs need stops below 17600.
Reports for
19/05/2016
  • Wheat CME
    19/05/16
    Wheat first resistance at 485/487 & we are struggling here, but we could eventually continue higher targeting a selling opportunity at 493/494. A good chance of a high for the day & even a high for the week. Shorts need stops above 496. Good support again at 479/478 which could hold the downside. However if we continue lower look for a buying opportunity at 474/473. Longs need stops below 471. Just be aware that a close below 473 is more negative for Friday & targets support at 470/469 which is the last line of defence for bulls at this stage.
  • Soybeans CME
    19/05/16
    Soybeans holding below first resistance at 1075/74 targets 1070 then support again at 1064/63. If we continue lower look for 1057/55 then 1047/46. Bear in mind we should find strong support at 1038/37. First resistance at 1074/75 but above yesterday's high at 1078/79 re- targets 1088 & important resistance at the May high so far of 1090/92. We should struggle in overbought conditions but bearing in mind the strong & seemingly unstoppable 2.5 month bull market, be ready to buy a break above here to target 1099/1100 & 1108/1100. If we continue higher look for 1120 & 1123/24
Reports for
18/05/2016
  • Dax
    18/05/16
    Dax has mega important trend line support at 9830/20 today & bear in mind we are also close to some mega important support at in Emini S&P & Emini Dow Jones. Longs need stops below 9780. A break below last week's low at 9761 should confirm the sell signal & targets 2 week lows at 9736 then 9705/00 & 9650/45. Levels above are getting clouded as the sideways movement for 2 weeks. If we can beat 9840 we could targets first resistance at 9920/30. Above 9955 signals a move towards 9995/10000. If we continue higher look for strong resistance & another selling opportunity at 10080/90. Shorts need stops above last week's high at 10114/115. Just be aware that further gains target 10125/130 then strong resistance in quite a wide band at 10200/220. Shorts need stops above 10250.
Reports for
17/05/2016
  • Corn CME
    17/05/16
    Corn first resistance at 3 week highs at 394/396 is the main challenge for bulls again today. A break higher is more positive & targets 399/400 then April highs at 407. Failure to beat first resistance at 394/395 targets first support at 389/388 but below here meets good support at 385/384. This could hold the downside but longs need stops below 382.
  • USDJPY
    17/05/16
    USDJPY did re-target the 109.05/10 area & topped exactly here. If we continue higher, strong resistance at 109.30/40 is another excellent selling opportunity. Shorts need stops above 109.75. Just be aware that a close tonight above 109.50 keeps the May recovery alive & targets trend line resistance at 110.10/15 this week. First support at 118.60/50 but a break below 118.40 is looking more likely today & targets 108.25 then good support at 108.00/107.95 Watch for a low for the day but trying longs looks to risky. If we continue lower look for 107.55/45 as the next target & support area.
  • GBPUSD
    17/05/16
    GBPUSD is holding above 1.4425/35 so shorts are too risky to hold now. We should exit as there is a risk we can continue higher to 1.4474/80 & perhaps as far as strong resistance at 1.4495/1.4500. A good chance of a high for the day but shorts need stops above 1.4540. First support at 1.4440/35 but below 1.4415 is more negative & risks a slide to 1.4370/65, perhaps as far as another buying opportunity at 1.4335/25. Longs need stops below 1.4290.
  • Dax
    17/05/16
    Dax trading above 9925/35 on Tuesday's open to target 9970/80, perhaps as far as minor resistance at 10030/040. More important today is strong resistance at 10080/90. Try shorts with stops above last week's high at 10114/115. Just be aware that further gains target 10125/130 then strong resistance in quite a wide band at 10200/220. Shorts need stops above 10250. Minor support at 9925/35 but below here re-targets 9885/80 & quite good support at 9830 coupled with important trend line support at 9810/00. Longs need stops below last week's low at 9761. A break & close (for confirmation) below 9760 is a sell signal & targets 2 week lows at 9736 then 9705/00 & 9650/45.
  • Eurostoxx
    17/05/16
    EuroStoxx holding above 2920 targets 2930 then minor resistance at 2940/44. A break above 2950 then targets strong resistance at 2965/70. Try shorts with stops above 2980. Minor support at 2920/15 but below 2910 risks a retest of good trend line support again at 2885/80. A break lower however targets May lows at 2855 then important trend line support at 2850/45. Try longs with stops below 2830.
  • Ftse
    17/05/16
    FTSE holding above 6100/6105 re-targets 6140/44 then strong resistance at 6160/65 for a selling opportunity. Try shorts again with stops above 6185. An unexpected break higher targets 6200/05. Good support at 6105/00 could hold the downside but below here risks a slide to minor support at 6074/70. If we continue lower look for the best support of the day at 6030/25. Just below we meet important March/April lows at 6004/00 so longs need stops below here. A break (& close for confirmation) below here is a sell signal & targets 5975, 5935 & 5920/15.