Please Register/Login to view the complete edition of Today’s Top 10 Trades. AUDUSD Weekly/Daily/4hr/Hourly The AUDUSD forged higher yesterday, exhibiting a roughly 150 pip range intraday. The AUDUSD bounce continues reflecting improving sentiment towards commodities especially in the energy, precious metals and softs complex. On the weekly chart, the AUDUSD is testing descending wedge resistance,Read More
Month: January 2015
Natural Gas (NG) Spikes Over 11% as it Bottoms on Weekly/Daily Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Natural Gas (CME NG Feb15) Weekly/Daily/4hr/Hourly NG spiked over 11% yesterday, solidly putting in a bottom on the weekly and daily charts. On the weekly, NG has reclaimed downchannel support, and on the daily chart, NG is solidly above a downchannel resistance line.Read More
S&P500 (ES) Testing 2000 Level
Please Register/Login to view the complete edition of Today’s Top 10 Trades. VIX (CFE VX Jan15) Weekly/Daily/4hr/Hourly The VX pulled back yesterday initially, only to power ahead in the US session slightly above the December high. On the weekly chart, the VX can be seen targeting the October high next, and has a fair amountRead More
Gold (GC)’s Clears Downchannel Resistance on Weekly Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Japanese Yen Philadelphia Index Weekly The Yen index edged higher yesterday, sitting above 30 on its weekly RSI. The weekly RSI and MACD are still exhibiting positive divergence, while the weekly Stochastics %K and %D have crossed above 10. Let’s view the USDJPYRead More
USDJPY Testing Upchannel Support on Weekly/Daily Charts
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Japanese Yen Philadelphia Index Weekly The Yen index pushed higher Friday post-NFP, and inched back above 30 on its weekly RSI. The weekly RSI and MACD are still exhibiting positive divergence, while the weekly Stochastics %K has crossed above 10. Let’s view theRead More
Cocoa (CC) Breaking Downchannel Resistance on the Weekly Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Cocoa (ICE CC Mar15) Weekly/Daily/4hr/Hourly CC broke yesterday above a downchannel resistance line (on the weekly chart) and a symmetrical triangle resistance line (on the daily chart). Its weekly and daily RSI, Stochastics and MACD, along with 4hr MACD are all sloping upRead More
Cotton (CT)’s Forming Higher Low vs November Low
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Arabica Coffee (ICE KC Mar15) Weekly/Daily/4hr/Hourly KC opened higher yesterday, added to its gains from the prior 2 days, breaking 1.8, and then sold off on profittaking (at the daily chart’s newly drawn downchannel resistance) back to where it opened, before recovering someRead More
Arabica Coffee (KC) Breaking Downtrend Since October?
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Arabica Coffee (ICE KC Mar15) Weekly/Daily/4hr/Hourly KC is entering its historically bullish season, and has strongly bounced off its downchannel support (in the weekly and daily charts). With the current long green weekly candle pulling the weekly RSI and Stochastics up, the downtrendRead More
Natural Gas (NG) Makes Sharp Intraday Reversal
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Japanese Yen Philadelphia Index Weekly The Yen index continues making a bottoming pattern on the weekly chart, with the Yen index exhibiting positive divergence on the RSI and MACD against price. The weekly RSI is rising towards 30, and the MACD appears poisedRead More
S&P500 (ES), Nasdaq100 (NQ) Wobbly, Yen Firming Ahead of FOMC
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Japanese Yen Philadelphia Index Weekly The Yen index continues making a bottoming pattern on the weekly chart, as waning risk appetite as reflected in the S&P500’s shakiness last week spurs a flight to the Yen and US Dollar. As sentiment against the EuroRead More