…e above. Today’s Top 3 Trades includes technical analysis on: FX (EURUSD | GBPUSD) + Today’s Top Trade (VIX) Join the world’s largest asset manager and 2 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. As seen on Bloomberg, Refinitiv, FACTSET and Interactive Brokers, readers regularly include global top 10 investment banks. If you represent an institutional investor o…
…nical analysis on: Metals/Energy (WTI Crude | Silver) + Today’s Top Trade (GBPUSD) Join the world’s largest asset manager and 2 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM as daily readers of Tradable Patterns’ technical analysis. As seen on Bloomberg, Refinitiv, FACTSET and Interactive Brokers, readers regularly include global top 10 investment banks. If you represent an institutional investor or potential distribution p…
…orter timeframe charts below for a better idea of what might unfold today. GBPUSD Weekly/Daily/4hr/Hourly The GBPUSD has barely been holding a descending wedge support line as seen in the weekly chart, with a break beneath another descending wedge as seen in the daily chart last week. In the last 2 days though, the GBPUSD has been trying to form a tradable bottom off of a newly drawn downchannel support line (as seen in the daily chart). The GBPUS…
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…
…e above. Today’s Top 3 Trades includes technical analysis on: FX (GBPAUD | GBPUSD) + Today’s Top Trade (Nasdaq100) Join the world’s largest asset manager and 3 of the world’s 5 largest (and 5 of the 10 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 in…
…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…
…hnical analysis on one market from the most recent edition of FX (EURUSD | GBPUSD) + Today’s Top Trade (Cocoa) Join the world’s largest asset manager and 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 potent…
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…
…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…
…s view the GBPUSD charts below for a better idea of what may unfold today. GBPUSD Weekly/Daily/4hr/Hourly The GBPUSD erased all of the losses from the prior day yesterday, bringing it back above the key 1.57 level, and clearly above the descending wedge resistance line (as seen on the weekly chart). The GBPUSD is now just shy of the downchannel resistance line (seen on the daily chart). With the FOMC at 2pm EST today, near-term upside momentum is…
