Please Register/Login to view the complete edition of Today’s Top 10 Trades. AUDUSD Weekly/Daily/4hr/Hourly The AUDUSD inched lower yesterday, forming a daily Doji as it tries to base after the Monday pullback (which has retraced roughly 50% of the gains from last week’s bottom to last week’s top). The AUDUSD is now also testing an upchannel support (on the 4hr chart) and just above downchannel resistance (on the weekly chart). Weekly, daily and…
Search Results for: A50
GBPUSD Breaks Above Downchannel Resistance on Daily Chart
Please Register/Login to view Today’s Top 10 Trades. Each day, the top 10 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 inspiri…
VIX (VX) Nearing Completion of Descending Wedge on Daily Chart
Please Register/Login to view Today’s Top 10 Trades. Each day, the top 10 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 inspiri…
Natural Gas (NG) Nearing Multiple Resistance Lines Ahead of Storage
Please Register/Login to view Today’s Top 10 Trades. Each day, the top 10 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 inspiri…
WTI Crude (CL) Nearing 2015 High Ahead of Inventory #s
Please Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL May15) Weekly/Daily/4hr/Hourly CL continued its rally off last week’s higher low yesterday, fueled in part by the break above symmetrical triangle resistance (on the daily chart). Yesterday’s rally to 54 matched the March high, and paves the way for a test of the 2015 high at just above 55, just in time for today’s inventory figures. The break above dow…
Natural Gas (NG), WTI Crude (CL) Trying to Find Support After Yesterday’s Plunge
…esterday’s beating, while the 4hr MACD remains resolute in its down slope. A50 (SGX CN Jan15) Weekly/Daily/4hr/Hourly CN rallied strongly yesterday after the Monday crash, and is now (Asian session midday) back up to the 50% retrace of the fall from Friday. Momentum on the 4hr chart continues to be strongly to the upside, with the RSI and Stochastics sloping up, and the MACD positively crossing over. On the daily chart however, the daily MACD stil…