WTI Crude (CL) Breaks Above Downchnanel Resistance on Daily Chart

WTI Crude (Wkly/Dly/4hr/Hrly) Charts

…g to bottom, the 4hr MACD firmly slopes downwards. On the daily chart, the USDJPY seems fairly neutral, but looking at the weekly chart, it becomes clearer that the USDJPY has further downside these next few weeks as the Stochastics and MACD are both sloping negatively, with the flattish RSI vulnerable to joining the slide lower. Please Register/Login to view the complete edition of Today’s Top 10 Trades. Each day, the top 10 setups and/or momentu…

Gold (GC)’s Clears Downchannel Resistance on Weekly Chart

Yen Weekly Chart

…at Abe’s budget proposal will be forwarded to Cabinet to approve tomorrow. USDJPY Weekly/Daily/4hr/Hourly The USDJPY made a rally attempt yesterday during the Asian session only to sell off during the European session to end the day near its open. The USDJPY is on the verge of breaking its steepened upchannel support since last October (as seen in the weekly chart), and has broken a slightly redrawn upchannel support in the daily chart. The weekly…

USDCAD Trying to Continue Weekly Chart Upchannel

NQ (Nasdaq100) Technical Analysis

Please Register/Login to freely access technical analysis on one market from the most recent edition of Today’s Top 3 Trades (USDCAD | USDCHF | Nasdaq100) 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, Refinitiv and FACTSET, readers have included every single one of the global top 10 investment banks. If you represent an institutional investor or…

AUDJPY Breaks 3 Month Downchannel Resistance

AUDJPY 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…

AUDJPY Testing 3 Month Downchannel Resistance

AUDJPY 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…

GBPUSD Daily MACD Negatively Crossing Ahead of NFP

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…

Soybean (ZS) Testing Weekly Chart Descending Wedge Resistance

ZS (Soybean) 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…

Nikkei (NK) Breaks Below 2 Wk Upchannel Support on Daily Chart

WTI Crude (Wkly/Dly/4hr/Hrly) Charts

…uggesting more downward pressure today. USDJPY Weekly/Daily/4hr/Hourly The USDJPY bounced a bit yesterday within an increasingly narrow range, and is now during the Asian session flirting with a descending triangle support line (on the 4hr chart) just above 117, with lower highs and lower lows being made. On the weekly and daily chart, the USDJPY has been gradually sliding towards another descending triangle support line, with the weekly and daily…

Caution Ahead of NFP (Non Farm Payrolls)

Euro Weekly Chart

…of that same candle’s body as I have). USDJPY Weekly/Daily/4hr/Hourly The USDJPY appears to have more upside next week, but is certainly worth watching for an intraday top with today’s NFP. Given the still steeply up sloping MACD on both the weekly and daily charts, any pullback post NFP today will likely be shortlived, and worth just a daytrade. Interestingly for intraday bears, USDJPY is currently at resistance of what appears to be an upchanne…

S&P500 (ES) Breaks Below Aug Low

…in the headline above. Week’s Top 3 Trades includes technical analysis on: USDJPY, S&P500 + Week’s Top Trade (Nasdaq100) Week’s Top 3 Trades has a similar format to Today’s Top 3 Trades which has been discontinued, where technical analysis is provided on 3 futures markets from the Watchlist which appear to have the highest chance in the coming week to reverse a prior/existing trend or to extend a current trend. Week’s Top 3 Trades is also availabl…