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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
15/06/2018
  • USDJPY & EURJPY
    15/06/18
    USDJPY bottomed 7 pips above our buying opportunity at 109.83/80 then hit all targets of 110.20, 110.45 & 110.70/80. On further gains look for 111.05/10, the May high at 111.35/39 & perhaps as far as the 6 month trend line resistance at 111.80/90. Failure to beat 110.70/80 targets 110.45 then good support at 110.20/10. On further losses look for better support at 109.85/90. Try longs with stops below 109.70. Next target at 109.19/15. EURJPY collapsed over 250 pips in a straight line. Holding below 128.10/20 targets 127.80/70 & 127.50/40. On further losses look for 126.90/80. Gains are likely to be limited if seen. Above 128.10 may allow a small recovery to 128.50, perhaps as far as 128.90/99.
  • Gold & Silver
    15/06/18
    Gold first support at 1299/1300 for some profit taking on shorts. However I would not rule out further losses & below 1297 re-targets 1293/92, perhaps as far as 1288/87. Further losses test the May low at 1282. Holding first support at 1299/1300 retests our selling opportunity at 1306/08 with stops above 1310. A weekly close above here is a buy signal targeting 1313/14, 1317/18 & perhaps as far as 1323/26 in to next week. Silver hit the target & selling opportunity at 1720/25 for profit taking. & new shorts with stops above 1735. A break higher (& weekly close above for confirmation) is a very important longer term buy signal. OUTLOOK IS NEGATIVE & we target first support at 1710/05 then better support at 1695/90, for some profit taking before the weekend perhaps but I would not be surprised to see 1670/65 next week.
  • GBPUSD & GBPJPY
    15/06/18
    GBPUSD crashed through first support at 1.3370/65 & hit all downside targets as far as 1.3265/60. This is not much of a support & is being tested as I write. On further losses look for 1.3240, 1.3225 & May low at 1.3205/03. A weekly close below 1.3200 is obviously negative for next week targeting 1.3170/60, 1.3135/25 & strong support at 1.3080/70. Gains are likely to be limited with first resistance at 1.3300/10 then stronger resistance at 1.3335/40. GBPJPY topped at resistance at 147.90/99 every day this week although we missed it by just 6 pips yesterday. The pair has collapsed as far as support at 146.30/20. Longs would be risky but if you try, stop below 146.00. Further losses target 145.75/65, 145.40/30 & perhaps as far as 145.10/00. First resistance at 146.90/99 then strong resistance at 147.25/35 is a selling opportunity with stops above 147.60.
  • AUDUSD & NZDUSD
    15/06/18
    AUDUSD failure to beat first resistance at 7585/95 hit all targets as far as 7485/75. Next target is the 4 week low at 7445 & May low at 7410. Gains are likely to be limited with minor resistance at 7475/85 & 7505/15. NZDUSD held our selling opportunity at 7055/60 hitting all targets as far as support at 6950/45. THIS IS NOT A BUYING OPPORTUNITY & further losses eventually target 6930/20, 6905/00 & 6885/80. Minor resistance at 6990/95 could hold a rally, but above here look for a selling opportunity at 7015/25, with stops above 7060.
Reports for
13/06/2018
  • EURUSD & USDCAD
    13/06/18
    EURUSD bulls did engineer a bounce to the first target of 1.1810/20 but as I warned, the rally could not be sustained. Holding below 1.1760/50 (we are as I write) IS A SELL SIGNAL & targets 1.1720/10, 1.1680/70 & possibly as far as 1.1640/30. Resistance at 1.1790/1.1800 likely to hold a rally but shorts need stops above 1.1820. An unexpected break higher tests the 1.1840 recovery high & a break above is a buy signal targeting 1.1905/10. USDCAD key to direction today is strong resistance at 1.3030/40. A break above 1.3070 is a very strong buy signal targeting 1.3130/40 & 1.3205 but further gains look likely as far as 1.3260/70. Failure to beat strong resistance at 1.3030/40 targets 1.2990/80 & 1.2960 before support at 1.2935/25.
Reports for
08/06/2018
  • WTI Crude
    08/06/18
    WTI Crude higher exactly as predicted to our target & selling opportunity at 6620/30. Try shorts with stops above 6670. An unexpected break higher however allows a further recovery to strong resistance at 6745/55. Failure to beat 6620/30 as expected targets 6540/30. On further losses look for 6465/55 before the low at 6430/20. Below 6415/10 targets 6390/80, perhaps as far as 6330/25 & 6285/80.
  • GBPUSD & GBPJPY
    08/06/18
    GBPUSD holding first support at 1.3415/05 allows a recovery towards our selling opportunity at 1.3480/90 (again we may top just below), with stops above 1.3425. Outlook negative & below 1.3400 targets second support at 1.3375/70. On further losses look for 1.3340/35, perhaps as far as 1.3310/00 in to next week. GBPJPY I only hope you tried shorts again at 148.00 for the sell off to 147.50, 147.20 & support at 146.90/80. Outlook negative & gains are likely to be limited with first resistance at 148.50/60. Unlikely but further gains retest our selling opportunity in the 148.00 area with stops above 148.50. A break higher targets 149.15/20. A break below 146.80 looks likely eventually targeting 146.30/20. Further losses in to next week target 145.90/85 & 145.15/05.
  • Bitcoin
    08/06/18
    Bitcoin hit the next target & selling opportunity at 7720/40, with stops above 7800. An unexpected break higher targets 7950/8000, perhaps as far as 8140/8180. holding below 7600 confirms failure, targeting 7500/7495 (now hit), perhaps as far as 7330/10 today. On further losses look for 7200/7190 before the May low at 7035/25. Failure to beat 7800 targets first support at 7610/00. Outlook negative & on further losses look for 7500/7490, perhaps as far as 7410/00.
  • S&P
    08/06/18
    Emini S&P bounces back with bulls still in full control as we approach 2778/79. On further gains look for 2788/89 & March high at 2800/02. The downside is likely to be limited with bulls in control. First support at 2770 but below here targets 2764 then 2760. On further losses look for a buying opportunity at 2756/54, with stops below 2749.
  • Emini Dow Jones
    08/06/18
    Emini Dow Jones key to direction is quite strong resistance at 25310/320 in short term overbought conditions. Failure to beat this resistance on the bounce re-targets 25190/180. On further losses look for strong support at 25080/070. A good chance of a low for the day but longs need stops below 25020. A break lower meets a buying opportunity at 24920/910. A SUSTAINED break above 25370 however targets 254450/460 & March high at 25500/510.
  • Dax
    08/06/18
    Dax up & down like a whore's drawers. Holding key support at 12625/615 allows a recovery to 12730/740 then resistance at 12775/785. Look for strong resistance at 12840/850 & the best chance of a high for the day. Further gains retest this week's high at 12915/925. Longs at 12625/615 need stops below 12580 for a retest of the May low at 12540. A break lower is likely to target 12465/455.
  • Eurostoxx
    08/06/18
    EuroStoxx minor resistance at 3452/55 but above here targets 3462/65, perhaps as far as resistance at 3480/85. On further gains look for stronger resistance at 3500/10 & the main challenge for bulls this week. A break higher higher therefore is a buy signal targeting 3427/32 & 3440. We bottomed exactly at good support at 3425/20. Further losses target 3415/13 & 3403/00 before a retest of the May low at 3385/80. A break below 3375 targets 3366/65 & 3359/56 then 3328/25.
Reports for
07/06/2018
  • S&P
    07/06/18
    Emini S&P bulls push higher as predicted & almost as far as 2778/79. On further gains look for 2788/89 & March high at 2800/02. The downside is likely to be limited with bulls in control. First support at 2768/66 then 2762/60. On further losses look for a buying opportunity at 2753/51, with stops below 2745.
Reports for
06/06/2018
  • Dax
    06/06/18
    Dax first support at 12750/740 but below 12730 targets 12695/685 before support at 12625/615. First resistance at 12835/845 but above here retests the high yesterday at 12920/925. A break higher is a buy signal targeting minor resistance at 12945/955, perhaps as far as 12985 & last week's high at 13030/037.
  • S&P
    06/06/18
    Emini S&P bulls are trying to push higher & above 2750 targets 2757/58, 2763, 2769 & perhaps as far as 2778/79 this week. First support at 272741/40 then better support at 2735/34 could see a low for the day if tested. Longs need stops below 2729.
  • WTI Crude
    06/06/18
    WTI Crude could continue higher to a selling opportunity at 6620/30. Try shorts with stops above 6670. A break higher however allows a further recovery to strong resistance at 6745/55. Failure to hold above 6530/20 risks a slide to 6465/55 before the low at 6420. Below 6415/10 targets 6390/80, perhaps as far as 6330/25 & 6285/80.
  • EURUSD & USDCAD
    06/06/18
    EURUSD strong Fibonacci resistance at 1.1750/60 is the main challenge for bulls today. Shorts need stops above 1.1790 to target 1.1810/20 & 1.1875 before strong resistance at 1.1900/10. Minor support at 1.1690/85 & 1.1655/50. Further losses target 1.1610/00. USDCAD shorts at important trend line resistance at 1.3035/45 worked perfectly with a potential profit of 100 pips already, but outlook remains negative. A break below first support at 1.2940/30 confirms further weakness to 1.2905/00 & good support at 1.2870/60 for profit taking on at least some of our shorts. Holding minor support at 1.2940/30 allows a recovery to 1.2985/90. Try shorts again at 1.3035/45 with stops above 1.3080.
  • GBPUSD & GBPJPY
    06/06/18
    GBPUSD retests resistance at 1.3400/10 & we may finally start the recovery I was looking for on Monday, targeting 1.3440/50 then a selling opportunity at 1.3480/90. First support at 1.3340/50 then 1.3310/00. GBPJPY hits key resistance at 147.20/30. Try shorts with stops above 147.70. A break higher is a buy signal targeting 148.40/50. On further gains look for 149.15/20. Failure to beat 147.20/30 targets 146.90/80 & 146.60/50, perhaps as far as good support at 145.80/70.
  • Gold & Silver
    06/06/18
    Gold holds first resistance at 1298/1300 as expected this week to re- target 1297 & 1293/92, perhaps as far as 1288/87. Further losses test the May low at 1282. Above first resistance at 1298/1300 meets stronger resistance at 1306/08 for a selling opportunity with stops above 1310. A break higher is a buy signal targeting 1313/14, 1317/18 & perhaps as far as 1323/26. Silver clearly holding a range from 1633/30 up to 1655/50. A break above here targets resistance at 1675/80. Try shorts with stops above 1690. First support at 1633/30 but below here targets 1615/12 before the May low at 1604.