EURUSD Daily MACD Trying to Positively Cross Ahead of Busy News Day

EURUSD Technical Analysis

Please Register/Login to view Today’s Top 3 Trades (EURUSD | AUDUSD | Cocoa) 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) for each weekday as seen in the…

USDX (DX) Claws Back Most of Losses Post-FOMC

Natural Gas (Wkly/Dly/4hr/Hrly) Charts

…uptrend support (as seen on the 4hr chart). In today’s Asian session, the AUDUSD has so far retraced roughly 38.2% of the selloff that followed the initial rally post-FOMC. Although the AUDUSD was rejected at the downchannel resistance line (seen on the weekly chart), the weekly, daily and 4hr RSI, Stochastics and MACD continue bottoming. EURUSD Weekly/Daily/4hr/Hourly The EURUSD unwound pretty much all of its post-FOMC gains yesterday, but has b…

GBPJPY Coils Ahead of BoJ and UK Manufacturing PMI

AUDUSD 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…

A50 (CN) Testing Ascending Triangle Support on Daily Chart

A50 (Wkly/Dly/4hr/Hrly) Charts

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…

GBPUSD Breaks Above Downchannel Resistance on Daily Chart

GBPUSD (Wkly/Dly/4hr/Hrly) Charts

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…

Wheat (ZW) Daily MACD Positively Crossing

ZC (Corn) 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…

EURJPY Firming at 38.2% Fib Retrace of ~130-134 Rally

EURJPY Technical Analysis

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…

AUDJPY Trying to Reclaim Weekly Chart Ascending Wedge Support

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…

Corn (ZC) Breaks Downchannel Resistance on Weekly and Daily Charts

Corn (Wkly/Dly/4hr/Hrly) Charts

…week’s break above downchannel resistance (on the weekly chart). With the AUDUSD tiring at ascending wedge support (on the 4hr chart), bulls should temper their enthusiasm today as the AUDUSD may be vulnerable to more profittaking before resuming its rally. The daily and 4hr RSI and Stochastics are consolidating following Friday’s strong rally, while the weekly RSI, Stochastics and MACD and daily MACD are rallying. WTI Crude (CME CL May15) Weekly…

Nasdaq100 (NQ) Rejected Again @ Weekly Chart Upchannel Resistance

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…