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Free Technical Analysis Reports

Daily free technical analysis reports with trade signals.

Reports for
12/02/2019
  • EURUSD _ USDCAD
    12/02/19
    EURUSD break below 1.1300 was a sell signal targeting 1.1267/63. Below 1.1260 risks a test of the November low at 1.1220/10. A break lower is another sell signal for 1.1185 then 1.1140/30. I see no buy signal but we are oversold short term & at the lower end of the 3 month range after 8 days of 250 pip losses. A small long may be worth the gamble targeting 1.1290/1.1300 & resistance at 1.1320/25. Try shorts with stops above 1.1340. Try shorts at 1.1370/80 with stops above 1.1395. USDCAD topped exactly at strong resistance at 1.3315/20. Bulls need a break above 1.3330 for the next buy signal targeting strongest resistance at 1.3350/55. A break above the mid January high at 1.3374 then required for a buy signal targeting 1.3405/10. Try longs at 1.3240/30 with stops below 1.3215. A break lower targets 1.3175/65 then a buying opportunity at 1.3140/30.
  • Gold _ Silver
    12/02/19
    Gold best support of the day at 1303/1301. Try longs with stops below 1299. A break lower is a sell signal targeting 1295/94. Minor resistance at 1307/08 but 1313/14 is more of a challenge. Above 1316 is a short term buy signal targeting 1319, 1323 & a selling opportunity at 1324/26. Silver holding support at 1563/60. This is the only level to risk a long (and it is working), with stops below 1555. A break lower targets 1542/40 & support at 1530/28. Holding 1563/60 targets 1573 then quite strong resistance at 1583/86 for profit taking. (We topped exactly here). Could be worth trying shorts with stops above 1593. A break higher targets 1600 before a selling opportunity at 1618/22.
Reports for
01/02/2019
  • Emini SP 500 _ Nasdaq
    01/02/19
    Emini S&P longs at better support at 2675/72 was the perfect trade. We topped at the 100 day moving average at 2710/12 so this is the main challenge for bulls today. A break above 2715 targets 2720, 2723 & 2728/30. Above look for 2735/37 & strong resistance at 2741/43. Failure to beat strong resistance at 2710/12 in severely overbought conditions targets 2695/92. Below 2690 look for 2682/80. We should hold 2675/73 if tested. Nasdaq higher as expected & beat strong resistance at 6923/26 for a strong buy signal for 6943/45 & we topped exactly here. Bulls must hold prices above 6920/15 to remain in control. A break higher targets 6962/67 & perhaps as far as 6995/99. Longs at 6920/15 need stops below 6910. A break lower targets 6900, 6885/82 & possibly support at 6870/65. On further losses look for 6848/46 & 6840/38.
  • WTI Crude
    01/02/19
    WTI Crude key resistance at 5420/30 so next week depends on whether we can close above or below. Next target on a break higher is 5555/5565 but there is a good chance we can reach 5720/30, 5750 & 5790 in to next week. Failure to hold above 5425/15 is less positive & risks a slide to 5360/50 (guess what, we bottomed exactly here) . A break below 5310 however is a sell signal for today targeting 5290/85 & support at 5270/60. On further losses look for 5230/20 & good support at 5170/50.
  • Gold _ Silver
    01/02/19
    Gold meets very strong resistance at 1324/26. Try shorts with stops above 1328. A break higher is a strong medium term buy signal targeting 1334/35, 1340/41, 1345/46 & 1349/50. Minor support at 1318/17 (WE BOTTOMED EXACTLY HERE), better support at 1314/13 but longs are too risky. Further losses target 1310 & support at 1309/07. Silver must hold above 10 year trend line resistance at 1580/90 (in fact we bottomed exactly here) but we meet very strong resistance at 1625/30. In overbought conditions, try shorts with stops above 1637. A break higher is a huge longer term buy signal, but I need to see a weekly close above for confirmation tonight. Minor support at 1589/87, better support at 1575/72 is a buying opportunity with stops below 1567.
  • GBPUSD _ GBPJPY
    01/02/19
    GBPUSD holding above 1.3100/90 (we bottomed here yesterday) is more positive for 1.3125 & 1.3170. Further gains re-target 1.3210/15 perhaps as far as 1.3235, 1.3255/60, 1.3290/99. Holding below 1.3080 targets 1.3060/50 with strong support at 1.3030/20. A break below 1.3000 targets 1.2975/70, perhaps as far as strong support at 1.2930/20. Try longs with stops below 1.2890. GBPJPY holding below 143.05/15 re-targets 142.70/60 before strong support at 142.00/141.90. Try longs with stops below 141.60. Minor resistance at 143.05/15 & again at 143.35/40 but above 143.50 is very positive targeting 143.65/75 & 143.95/144.00, perhaps as far as 144.25/35.
  • EURUSD _ USDCAD
    01/02/19
    EURUSD longs at first support at 1.1455/50 stopped below 1.1440. Stop was too tight, my mistake. The best buying opportunity is at 1.1420/10 with stops below 1.1390. A break lower is a sell signal targeting 1.1355/50, perhaps as far as strong support at 1.1320/10. Holding above 1.1455 allows a recovery to . 1.1500/10 Further gains target 1.1530, perhaps as far as strong resistance at 1.1555/65. Try shorts with stops above 1.1585. USDCAD bottomed exactly at our buying opportunity at 1.3120/10; stops below 1.3085. A break lower targets 1.3050/45. Longs have already seen a bounce to 1.3160/55 (we topped exactly here). Above targets 1.3170/80 & a selling opportunity at 1.3205/15. Stop above 1.3225.
  • USDJPY _ EURJPY
    01/02/19
    USDJPY has bounce back to first resistance at 109.00/10. Shorts need stops above 109.20. a break higher targets 109.40/50 then 109.75. Failure to beat first resistance at 109.00/10 targets 108.80, 108.55 then minor support at 108.35/30. On further losses look for 108.00/107.90. EURJPY holding below 124.80/70 tests first support at 124.55/45. A break below 124.35 is a sell signal targeting 124.15/10, perhaps as far as 123.85/75. Bulls need a break above 125.00/10 for a short term buy signal targeting 125.45/55. A weekly close above here is a buy signal for next week.
  • AUDUSD _ NZDUSD
    01/02/19
    AUDUSD topped exactly at strong resistance at 7285/95. This could be the high for the week. Shorts need stops above 7315. A break higher is a buy signal targeting 7325, 7350/55, perhaps as far as 7385/90. Holding 7285/95 targets 7250/40 with better support at 7210/00 (for some profit taking before the weekend). A buying opportunity at 7175/65, with stops below 7150. NZDUSD topped exactly at 6935/40 but meets strong resistance at 6955/65. Watch for a high for the day. Further gains meet a selling opportunity at 6985/95, with stops above 7010. Minor support at 6885/80 with best support at 6860/50. Longs need stops below 6840.
Reports for
31/01/2019
  • Emini SP 500 _ Nasdaq
    31/01/19
    Emini S&P struggling at first resistance at 2686/88 exactly as predicted. Above 2690 is a buy signal targeting 2695/97 & resistance at 2703/05. Holding first resistance at 2686/88 targets minor support at 2680/78 before better support at 2675/72. Try longs with stops below 2668. Downside is expected to be limited with next support at 2664/62. Nasdaq very minor support at 6846/44 but below 6840 risks a slide to stronger support at 6833/30. Unlikely, but if we continue lower look for buying opportunity at 6811/07, with stops below 6795. Bulls should remain in control after the breakout of the 2 week highs & above 6872 targets 6895/99 then strong resistance at 6923/26. This is the best chance of a high for the day. A break above 6935 therefore is a strong buy signal for 6943/45, 6962/67 & perhaps as far as 6995/99.
  • WTI Crude
    31/01/19
    WTI Crude breaking key resistance at 5420/30 is a buy signal initially targeting 5555/5565 but there is a good chance we can reach 5720/30, 5750 & 5790. Failure to hold above 5425/15 is less positive & risks a slide to 5360/50, perhaps as far as strong support at 5325/15.
  • EURUSD _ USDCAD
    31/01/19
    EURUSD topped exactly at 1.1500/10 but outlook remains positive as we look for 1.1530, perhaps as far as strong resistance at 1.1555/65. Try shorts with stops above 1.1585. Downside should be limited with first support at 1.1455/50. Longs need stops below 1.1440. Try longs again at 1.1420/10 with stops below 1.1390. USDCAD bottomed exactly at our buying opportunity at 1.3120/10; stops below 1.3085. A break lower targets 1.3050/45. Longs have already seen a bounce to 1.3160/55 (we topped exactly here). Above targets 1.3170/80 & a selling opportunity at 1.3205/15. Stop above 1.3225.
  • GBPUSD _ GBPJPY
    31/01/19
    GBPUSD holding above 1.3100 is more positive for 1.3125 & 1.3170. Further gains re-target 1.3210/15 perhaps as far as 1.3235, 1.3255/60, 1.3290/99. Holding below 1.3090 meets a buying opportunity at 1.3060/50, with stops below 1.3030. A break lower targets 1.3000 & 1.2975, perhaps as far as strong support at 1.2930/20. Try longs with stops below 1.2890. GBPJPY has returned to support at 142.70/60. If we continue lower look for strong support at 142.00/141.90. Try longs with stops below 141.60. Holding 142.70/60 re-targets 143.05/15, 143.35/40 & perhaps as far as 143.65/75 for profit taking on longs. Shorts need stops above 144.00.
  • Gold _ Silver
    31/01/19
    Gold meets very strong resistance at 1324/26. Try shorts with stops above 1328. A break higher is a strong medium term buy signal targeting 1334/35, 1340/41, 1345/46 & 1349/50. Minor support at 1318/17, better support at 1313/12. Longs need stops below 1310. Look for a buying opportunity at 1306/04, with stops below 1301. Silver must hold above 10 year trend line resistance at 1580/90 but we meet very strong resistance at 1625/30. In overbought conditions, try shorts with stops above 1637. A break higher is a huge longer term buy signal, but I need to see a weekly close above for confirmation tomorrow. Minor support at 1589/87, better support at 1575/72 is a buying opportunity with stops below 1567.
  • AUDUSD _ NZDUSD
    31/01/19
    AUDUSD shot higher from support at 7135/25 hitting all targets & we topped exactly at 7270/75. Strong resistance at 7285/95 could see a high for the week. Shorts need stops above 7315. A break higher is a buy signal targeting 7325, 7350/55, perhaps as far as 7385/90. We should see a bounce from first support at 7230/25 but below 7210 meets a buying opportunity at 7170/60, with stops below 7145. NZDUSD making a break above our upper target of 6905/10 as I write to target 6935/40 with strong resistance at 6960/70. Watch for a high for the day. Further gains meet a selling opportunity at 6985/95, with stops above 7010. Try longs at 6880/70 with stops below 6855.
Reports for
25/01/2019
  • Dax
    25/01/19
    Dax hitting targets for a recovery today again are 11100, 11120 & 11140/150 with a break above 11165 being seen over night to target 11205 & 11225/230. A break above the January high at 11254 takes us towards strong resistance at 11360/380. Just be aware that a weekly close above 11200 is more positive for next week. Minor support at 11120/100 but below here meets a buying opportunity at 11000/10990 with stops below 10960. A break lower risks a slide to 10880/870. A better buying opportunity at 10810/790, with stops below 10760.
Reports for
23/01/2019
  • Emini SP 500 _ Nasdaq
    23/01/19
    Emini S&P I need to revise my support to 2620/15. A break below 2610 however risks a slide to 2590/85 with support at 2575/70 the best chance of a low for the week. Bulls must beat 2640 to take control today targeting 2650 & 2660/65 before the recovery high at 2675/77. A break above 2680 targets 2686 but meets strong resistance at 2695/97. Nasdaq bounce from 6611 has reached 6684. Above 695 signals a test of strongest resistance today at 6715/20. Shorts need stops above 6730. A break higher targets 6750, 6755, 6765, 6770/75. A break above 6780 meets 3 month trend line resistance at 6795/6800.
  • Emini Dow Jones _ Nasdaq
    23/01/19
    Emini Dow Jones bounced from 24216 to exactly 24490/460. Above 24500 look for 24560/570 & perhaps as far as 24630/640. Above here could retest 24750/760. Stronger resistance at 24850/870. Shorts look risky here but are worth a try at strong resistance at 24950/25000. Holding below 24490 24420 & 24350 before support at 24230/220. A break below 24200 however targets 24100/080 & 24000. Nasdaq bounce from 6611 has reached 6684. Above 695 signals a test of strongest resistance today at 6715/20. Shorts need stops above 6730. A break higher targets 6750, 6755, 6765, 6770/75. A break above 6780 meets 3 month trend line resistance at 6795/6800.
  • Dax
    23/01/19
    Dax shot higher from 11001 to 11094. Above 11100 targets 11120, 11140/150 with a break above 11165 to target 11205 & 11225/230. A buying opportunity at 11000/10990 with stops below 10960. A break lower risks a slide to 10880/870. A better buying opportunity at 10810/790, with stops below 10760.