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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
14/02/2017
  • Gold
    14/02/17
    Gold bounced back to the 1228/1226 area but this resistance could hold now, seeing a return to 1222/21 & 1219. Exit any shorts here & try longs down to our buying opportunity at 1217/16. A low for the day ( & probably for the week in fact) is expected but longs need stops below 1212. Minor resistance at 1226/28 but try to buy a break above here as this keeps bulls in control for today targeting minor resistance at 1235/36. If we continue higher look for strong resistance at 1242/44. Try shorts again with stops above 1248. A break higher however is therefore a buy signal despite overbought conditions targeting quite strong resistance at 1255/56. This should hold if tested duroing this week, for a dip back to the mid 1240 area perhaps.
  • USDJPY
    14/02/17
    USDJPY holding first support at 113.30/40 re-targets 113.80/85 & yesterday's high at 114.06/16 with resistance at 114.20/30. Exit longs here & try shorts at 114.40/50 with stops above 114.90. First support at 113.30/40 should hold the downside once again but longs need stops below 113.00. Further losses however target 112.75 & perhaps as far as very minor support at 112.55/50. However look for a buying opportunity at 112.35/30 with stops below 111.90.
  • EURUSD
    14/02/17
    EURUSD bears remain in control but holding support at 1.0590/80 allows a recovery to a selling opportunity at 1.0640/50. Try shorts with stops above 1.0685. On further gains look for a selling opportunity at 1.0710/20, with stops above 1.0740. First support at 1.0590/80 but this is unlikely to hold the downside all week, so as we wrote yesterday, longs are risky. Further losses this week target good support at 1.0535/25 for profit taking on shorts as we becomd oversold but again, longs in a bear trend are never a good idea.
  • AUDUSD
    14/02/17
    AUDUSD minor resistance at 7650/55 but above here re-targets the most important resistance of the day at 7688/98. Be ready to buy a break above 7705 to target 7740/44 then strong resistance at 7760/65. Failure to beat 7650 retests the most important support of the day at 7620/10. Further losses this week target a short term buying opportunity at 7575/65, with stops below 7545. Just be aware that a break below here is a sell signal targeting 7525 then strong support at 7495/85.
Reports for
13/02/2017
  • EURUSD
    13/02/17
    EURUSD bears back in full control as we break 1.0645/40. Holding below here re-targets 1.0610/05 then 1.0590/80 which could hold the downside today but longs are risky. Further losses this week target good support at 1.0535/25 for profit taking on shorts. First resistance at 1.0645/40 but resistance at 1.0660/65 is probably a better short term selling opportunity today. Shorts need stops above 1.0690. An unexpected break higher targets 1.0720/25.
  • S&P
    13/02/17
    Emini S&P above 2317/18 targets 2322/23 & 2329/31. 2 month trend line resistance support at 2307/08 could hold the downside but below here look for a buying opportunity at 2304/03, with stops below 2200.
  • Emini Dow Jones
    13/02/17
    Emini Dow Jones closing in on our next target of 20285/295 & above we look for 20430/440 this week. Below 20240 risks a slide to 20200/190. On further losses look for a buying opportunity at trend line support at 20100/090.
Reports for
09/02/2017
  • Emini Dow Jones
    09/02/17
    Emini Dow Jones holding below minor resistance at 20000/19990 targets good support at 19950/940. Longs need stops below 19910. On a break lower look for a buying opportunity at 19850/840. Above 20010 allows a recovery towards the all time high 20086. Further gains in the longer term bull trend this week targeting 20,110/020 & 20170/80.
  • Dax
    09/02/17
    Dax topped exactly at first resistance at 11560/570 in to the close yesterday. Further gains target the 2 day high at 11604 then stronger resistance at 11620/630 which is the main challenge for bulls today. However bulls should be back in control so shorts could be risky. A break higher targets 11660/670 then 11700 & resistance at 11720/730. Failure to beat first resistance at 11560/570 tests first support at 11530/520 but strong support at 11460/450 is the most important of the day of course & a buying opportunity again. Try longs with stops below 11390. A break below here however is a sell signal targeting 11320/310, perhaps as far as 11260/250.
  • S&P
    09/02/17
    Emini S&P minor resistance at last week's high & this week so far at 2294/95, but above here retests the 2299.50 all time high. Obviously a break above is a buy signal targeting 2304/05 & 2309. Good support at 2282/81 once again today. On further losses look for a buying opportunity at 2273/71, with stops below 2268.
  • Gold
    09/02/17
    Gold headed higher as predicted to the next target & important longer term resistance at 1241/43. As stated yesterday, there is a risk of a high for the 2 month recovery here & we topped at 1244. Shorts need stops above 1248. Already we have dipped back to the 1235/36 previous high. Below here meets better support at 1230/29 which could hold the downside today but if the bear trend is to resume as I suspect, longs here would be risky. A break lower therefore is more negative confirmation targeting 1225 then strong support at 1222/21 for profit taking on shorts. A bounce from here is likely at this stage. Shorts at 1241/43 need stops above 1248. A break higher however is therefore a buy signal despite overbought conditions targeting quite strong resistance at 1255/56. This should hold if tested today, for a dip back to the mid 1240 area perhaps.
  • EURUSD
    09/02/17
    EURUSD managed a bounce from support at 1.0645/40 back up to resistance at 1.0700/10 for a selling opportunity & topped. Holding below here is obviously negative as we resume the bear trend & should re-target quite good short term support at 1.0645/40 today. Again this is key to direction on the downside of course...but longs are too risky in the negative trend. A break lower is obviously more negative targeting 1.0620/15 & 1.0590/80. First resistance at 1.0700/10 is a selling opportunity at with stops above 1.0740. An unexpected break higher targets minor resistance at 1.0775/80. Gains are likely to be limited as the bear trend resumes...but further gains could retest important resistance at 1.0820/30 & as stated last week it is likely this now marks a high for the 1 month bear market correction.
  • USDJPY
    09/02/17
    USDJPY double bottomed at 111.60...could this be a base building exercise to trigger a recovery at last? Back above minor resistance at 112.15/20 is a short term buy signal initially targeting that resistance at 112.45/50 which has worked so well. A break therefore is an added buy signal targeting 113.00/10 before quite strong resistance at 113.20/30 & a high for the day likely at this stage. Try longs at 112.00/111.80 with stops below 111.60. An unexpected break below 111.50 however is a sell signal targeting 111.35/30, 110.80 & perhaps as far as 110.25/20 this week, but eventually as far as 110/109.90 before the next buying opportunity.
  • Eurostoxx
    09/02/17
    EuroStoxx bounce towards first resistance at 3246/50 in to the close. Bulls are likely to regain control now so be ready to buy a break above here today targeting only minor resistance at 3260/64. Shorts are too risky & on further gains look for stronger resistance at 3275/80. Failure to beat first resistance at 3246/50 risks a slide to the very best support for today at 3220/15. Try longs again with stops below 3205. An unexpected break below 3205 however is a sell signal however targeting 3190/85 then strong support at 3170/60. A low for the correction is expected here so this should be a monster buying opportunity for bulls!
Reports for
08/02/2017
  • WTI Crude
    08/02/17
    WTI Crude tests good support at 5130/20 for profit taking on shorts. We are oversold short term so a good chance of a small bounce but this should offer another selling opportunity as the outlook turns negative. Holding good support at 5130/20 targets 5175/80, perhaps as far as resistance at 5200/10. Gains are likely to be limited & this could mark a high for the day. However on further gains look for 5225/30 & if we reach 5240/50 use this as a selling opportunity with stops above 5290. A break below 5120 targets the January low at 5090/5070. In short term oversold this weak support could still hold the downside but longs are way too risky. Further losses targets 5050 & strong support at 5030/20 for a short term buying opportunity with stops below 4980.
Reports for
07/02/2017
  • Dax
    07/02/17
    Dax hit strong support at 11460/450 for a buying opportunity & a good chance of a low for the correction. We wrote: Try longs with stops below 11390. On the bounce we look for 11520/530 then first resistance at 11560/570. It won';t be a straight line recovery!...but further gains target stronger resistance at 11620/630 which should hold at this stage. Strong support at 11460/450 for a buying opportunity if retested today. Try longs with stops below 11390. A break below here however is a sell signal targeting 11320/310, perhaps as far as 11260/250.
  • WTI Crude
    07/02/17
    WTI Crude tests the best support for today at 5300/5290 BUT IT LOOKS LIKELY THIS WILL NOT HOLD. A break BELOW 5270 is a sell signal targeting minor support at 5235/25 then 5185/75 & if we continue lower look for good support at 5130/20 for profit taking on shorts. Holding strong support at 5300/5290 targets 5330 then first resistance at 5345/55. Watch for a high for the day. A break higher however targets 5375/85 then resistance at last week's high of 5435/42. Above here is obviously positive this week targeting 5470 then the January high at 5515/24.
  • GBPUSD
    07/02/17
    GBPUSD holding good support at 1.2430/25 as expected for a bounce to the 1.2485/81 level. Above 1.2500 targets quite strong resistance at 1.2530/40 & the best chance of a high for the day. Shorts need stops above 1.2570. A break higher initially targets 1.2595/1.2600. Good support at 1.2430/25 but longs need stops below 1.2400. A break lower targets 1.2350/40 & a bounce from here is likely on the first test at least. Longs need stops below 1.2320. A break lower targets 1.2260/55 for a short term buying opportunity, & a good chance of a prolonged recovery in to the end of the week, but longs need stops below 1.2230.
  • Ftse
    07/02/17
    FTSE first resistance at 7130/35 but above 7145 today targets 7160/65 before minor resistance at 7190/99. Watch for a high for the day. A break higher however targets 7235/40. First support at 7095/85 which could hold the downside again today. A break below 7075 however risks a retest of last week's low at 7035/25. On further losses this week look for a short term buying opportunity at 7000/6990. Longs need stops below 6965. Just be aware that further losses target 6930/20 before a buying opportunity at 6870/60.
  • Eurostoxx
    07/02/17
    EuroStoxx bottomed a tick from the very best support for today at 3225/20. Try longs with stops below 3205. A break below 3210 is a sell signal however targeting 3190/85 then strong support at 3170/60. A low for the correction is expected here so this should be a monster buying opportunity for bulls! Holding 3225/20 with a move above 3235 is more positive for today targeting first resistance at 3246/50, perhaps as far as stronger resistance at 3265/69 for profit taking on longs. On further gains look for a short term selling opportunity at 3285/90 with stops above 3300. Be ready to buy a break above 3300 to target 3310/12 then 3320/24.