Nasdaq100 (NQ) Weekly MACD Trying to Negatively Cross

NQ (Nasdaq100) Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

Arabica Coffee (KC) Testing Daily Chart Downchannel Resistance

EURUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

S&P500 (ES) Retesting 76.4% Fib Retrace of Sep-Dec Fall

VX (VIX) Technical Analysis

…arket from the most recent edition of Today’s Top 3 Trades (S&P500 | VIX | GBPUSD) Join 2 of the world’s 5 largest hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. Since becoming available on Bloomberg and Refinitiv, readers have included every single one of the global top 10 investment banks. Readership reports from Bloomberg and Refinitiv are available to potential institutional clients and distribution partners. Tod…

GBPJPY Weekly Chart Symmetrical Triangle Nearing Completion

GBPUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

EURUSD Breaks Above Weekly Chart Descending Wedge Resistance

EURUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades: 2 FX (EURUSD, GBPUSD) + Today’s Top Trade (Raw Sugar). On Jan 8, Today’s Top 3 Trades made another important tweak to its format due to suggestions by readers to maintain a top trade idea of the day, irrespective of asset class. Today’s Top 3 Trades provides technical analysis on 3 CME/ICE commodity/index futures or spot FX markets (with coverage for 2 markets from a designated asset class(es) f…

Durable Goods and Consumer Confidence #s Today at 830 and 10am EST

Pound Weekly Chart

…do much ahead of the Wednesday FOMC. Both the weekly and daily chart show GBPUSD probing a downtrend resistance line. My expectation is for post FOMC volatility to allow GBPUSD to break this downtrend, although we’ll have to revisit the technicals on the daily and 4hr chart tomorrow ahead of the announcement. On the daily, GBPUSD appears to be possibly putting in an inverse (or reverse) head and shoulders. Bulls are becoming increasingly confiden…

GBPJPY Nearing 6 Month High Ahead of UK CPI Data

GBPJPY Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

Nasdaq100 (NQ) Weekly Doji Peaks Yesterday Just Below 2016 High

NQ (Nasdaq100) Technical Analysis

Please Register/Login to view Today’s Top 3 Trades. Each day, the top 3 setups and/or momentum trade ideas (from the Watchlist) is presented. All markets analysed are ordered by how favourable the risk:reward presented by the trade idea appears, with the market listed at the top deemed at the time the screenshots are captured to be the highest conviction trade for the day. As many of the trade setups and momentum plays are ongoing ideas inspiring…

Backtested Performance

…om – Long 73.26 75.17 1.91 955 1237.50 74.70 1.44 720 2402.50 Jan 20, 2017 GBPUSD – Long 1.23605 1.25041 (Jan 23 – Jan 21/22 closed) 144 pips 1440 2677.50 1.25542 193 1930 4332.50 Jan 23, 2017 GBPUSD – Long 1.25041 1.25050 1 pip 10 2687.50 1.24839 -20 pips -200 4132.50 Jan 24, 2017 Cocoa (ICE CC Mar17) – Long 2201 2192 -9 -90 2597.50 2103 -98 pips -980 3152.50 Jan 25, 2017 Cocoa (ICE CC Mar17) – Long 2192 2132 -60 -600 1997.50 2109 -83 -830 2322.5…

Expect Volatility on EURCHF/Gold/Silver Following Swiss Referendum

Euro Weekly Chart

…orter timeframe charts below for a better idea of what might unfold today. GBPUSD Weekly/Daily/4hr/Hourly The GBPUSD was firmly rejected yesterday at 1.58, coinciding with upchannel resistance seen in the 4hr chart. The GBPUSD now sits at the same upchannel’s support line. Encouraging for the bulls are the weekly RSI and Stochastics, and daily MACD which are all turning up. These same momentum indicators on the 4hr chart, along with the daily RSI…