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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
13/10/2017
  • EURUSD
    13/10/17
    EURUSD bottomed exactly at first support at 1.1825/20 yesterday & we should re-target first resistance at 1.1870/80 on the bounce. We topped exactly at this target this week & this remains the main challenge for bulls today. A break above 1.1900 is a buy signal therefore targeting minor resistance at 1.1920/30, perhaps as far as 1.1960. Just be aware that failure to beat 1.1990 with a break below 1.1670 next week completes a negative head & shoulders pattern for a significant sell signal...we will be monitoring. First support at 1.1825/20 could hold the downside (and it held perfectly yesterday as predicted) but below here risks a slide to a buying opportunity at 1.1795/90. Try longs with stops below 1.1755.
  • Gold
    13/10/17
    Gold topped exactly at our target for this week & strong resistance at 1298/1300. Obviously this is the main challenge for bulls today but above 1303 keeps bulls in control targeting 1308 & 1313/14. Bulls need a weekly close above 1300 to remain in control next week. Strong resistance at 1298/1300 is obviously key to direction. Failure here targets first support at 1290/89, which could hold the downside. However further losses target a buying opportunity at 1284/82, with stops below 1278.
  • USDJPY
    13/10/17
    USDJPY failure to beat first resistance at 112.52/48 re-targets 112.32/30, 112.15 & 112.00/111.95. This is the best support again for today but is likely to be weaker today. Longs are more risky therefore but if you try, you need stops below 111.85. A reverse back in to shorts is then the right strategy on a break lower for further losses targeting 111.55/40 & perhaps as far as a strong buying opportunity at 111.10/00. Any gains are likely to be limited now but above 112.60 allows a further recovery towards 112.90/95, perhaps as far as 113.20/25. An unexpected break above 113.40/43 targets a selling opportunity at 113.75/80, with stops above 114.05.
  • AUDUSD
    13/10/17
    AUDUSD topped almost exactly at the target & second resistance at 7822/27 as expected. As we wrote yesterday: a break above 7835 signals further gains towards 7876 & strong resistance at 7880/85. Bulls need a weekly close above 7840 for a positive outlook in to next week. Failure to beat 7825/30 today (in this weak recovery) risks a slide to the best support for today at 7800/7790. Try longs with stops below 7760. A break lower kills the recovery hopes to re-target 7750 & 7730/25. On further losses look for important 200 dma & 18 month trend line support at 7675/65. Try longs with stops below 7620.
Reports for
10/10/2017
  • Dax
    10/10/17
    Dax bulls remain in control but as expected we are struggling to make gains, even though we made a new all time high at 12988.50 yesterday. There is the risk of a more sideways pattern in the days ahead to consolidate gains. However with no sell signal we cannot even think about shorts at this stage. Bulls remain in control despite severely overbought conditions & if we do see a big move it is most likely to be higher targeting 12995 then 13120/130. & 12180/190. A good chance we will trade sideways with first support at 12885/875 likely to hold initially. On further losses look for a buying opportunity at 12820/810, with stops below 12760. Just be aware that a break lower targets a buying opportunity at 12720/710.
Reports for
09/10/2017
  • S&P
    09/10/17
    Emini S&P all time high 2550.75 & my best guess is that we will trade sideways this week. On further gains however look for 2556/57 & 2562/63, then 2570/71. Straight line moves such as we have seen this week make finding support levels tricky. My best guess is 2538/36 & 2531/30. Below 2525 risks a slide to an excellent buying opportunity at 2521/19.
Reports for
06/10/2017
  • Emini Dow Jones
    06/10/17
    Emini Dow Jones reaches 12720/730 as we look for 12780/790, 12830/840 & 12895/99. This is crazy! First support at 22630/620 then 22570/560. On further losses look for 22520/510 then a buying opportunity at 22480/470.
  • Ftse
    06/10/17
    FTSE on the way to the August high at 7492/96. Although severely overbought further gains not out of the question targeting 7540/50 before the all time high at 7585/89. Minor support at 7460/55 then 7430/25. If we continue lower look for a buying opportunity at 7410/00.
  • Eurostoxx
    06/10/17
    EuroStoxx finally closing in on the June high at 3610. Above 3615 we look for 3629 & the 2017 high in May at 3642/45. Failure to beat 3610 targets 3594/92 then first support at 3586/83. If we continue lower look for 3572/69. A break lower risks a slide to 3561/58 before an excellent buying opportunity at 3550/47.
  • Dax
    06/10/17
    Dax bulls remain in control but as expected we are struggling as we retest the all time high. However we have made it to 12979. There is the risk of a more sideways pattern in the days ahead to consolidate gains. However with no sell signal we cannot even think about shorts at this stage. Bulls remain in control despite severely overbought conditions & if we do move it is most likely to be higher targeting 12995 then 13120/130. ON further gains look for 12180/190 today. If we do trade sideways we will start with a small slide to first support at 12880/870 & should hold here initially. On further losses look for a buying opportunity at 12820/810, with stops below 12760. Just be aware that a break lower targets a buying opportunity at 12720/710.
  • S&P
    06/10/17
    Emini S&P hits 2550.75. On further gains look for 2556/57 & 2562/63, then 2570/71. Straight line moves such as we have seen this week make finding support levels tricky. My best guess is 2538/36 & 2528/26.
Reports for
05/10/2017
  • Emini Dow Jones
    05/10/17
    Emini Dow Jones hit the target & topped exactly at 12620/630. Overbought but no sell signal so we stick with the bull trend & a break higher targets 12680/690 then 12720/730. There is no support of any significance above the September high at 22398/380 (as we have moved higher in a straight line this week). But I would hazard a guess at 22550/540 then 22500/490. If we do unexpectedly fall as far as strong support at 22400/390, try longs with stops below 22340.
  • S&P
    05/10/17
    Emini S&P topped exactly at the next target of 2536/38 & further gains target 2541/42 then 2546/47 this week. First support at 2529/28 could hold the downside but below here a buying opportunity at 2518/17. An unexpected break lower however targets an even better buying opportunity at 2508/06. Try longs with stops below 21500.
  • Ftse
    05/10/17
    FTSE reaches the next target & 3 week high at 7436. We are severely overbought which risks more of a sideways trend in the days ahead. Minor support at 7399/95 could hold the downside but longs need stops below 7370. A break lower targets the next buying opportunity at 7340/35. Try longs with stops below 7310. Bulls are clearly in full control so a break above 7438 targets the September high at 7456. Gains are likely to be limited in overbought conditions but if we continue higher look for 7467 & the August high at 7492/96.
  • Eurostoxx
    05/10/17
    EuroStoxx hit profit taking in severely overbought conditions & this may signal a period of sideways trading ahead to ease these conditions, as is normal in a bull trend. Holding below 3581/80 targets good support at 3568/65. However if we continue lower look for a buying opportunity at 3548/44, with stops below 3535. Above 3585 targets 3590 before the 3603 high & the June high at 3610. Above 3615 we look for 3629 & the 2017 high in May at 3642/45.
  • Dax
    05/10/17
    Dax failure to close above 12955 is not as positive as bulls would like. In overbought conditions my best guess is we will trade in a more sideways pattern in the days ahead to consolidate gains. However with no sell signal we cannot even think about shorts at this stage. Bulls remain in control despite severely overbought conditions & if we do move it is most likely to be higher targeting 12995 then 13120/130. If we do trade sideways we will start with a small slide to first support at 12880/870 & should hold here initially. On further losses look for a buying opportunity at 12815/805, with stops below 12760. Just be aware that a break lower targets a buying opportunity at 12720/710.
  • Bitcoin
    05/10/17
    Bitcoin holding below 4300 is more negative as we test minor support at 4235/15. Below 4200 targets better support at 4110/4090. This level will be key to direction for today & we should hold initially, perhaps for a bounce to 4210/30, but longs are risky with the head & shoulders top completed. A break lower is likely eventually & is an added sell signal targeting 3990 & minor support at 3890/70 but we could fall as far as 3740/20 in to next week. Shorts at 4200/4300 need stops above 4500. An unexpected break higher targets 4650/4700 before a retest of the all time high at 4900/4979.