Please Register/Login to view the complete edition of Today’s Top 10 Trades. As some of the weekly charts in Today’s Top 10 Trades do not have much price history, 10 five year weekly charts are now being analysed for each upcoming week and published each Saturday by around noon GMT. The Videos contain technical analysisRead More
Tag: AUDUSD
Natural Gas (NG) Breaks Above Descending Wedge Resistance on Weekly Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Natural Gas (CME NG Mar15) Weekly/Daily/4hr/Hourly NG surged ahead in the second half of Friday’s session, leaving it roughly where it broke down Thursday just ahead of the storage figures release. With the strong performance Friday, NG has clearly broken above descending wedgeRead More
WTI Crude (CL) Nearing 50% Retrace of 44-54 Rally Ahead of Inventory
Please Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL Mar15) Weekly/Daily/4hr/Hourly CL sold off fairly aggressively in yesterday’s US morning session, briefly touching 50 around 1pm EST after having traded at a high of 54 Monday. The 4hr RSI, Stochastics and MACD are now all sloping down, suggestingRead More
Cocoa (CC) Targeting Downchannel Resistance on Daily Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Cocoa (ICE CC May15) Weekly/Daily/4hr/Hourly CC`s been rallying strongly off of the descending wedge support (on the weekly chart) and downchannel support (on the daily chart) since early last week. Although CC now sits at a horizontal resistance line (on the daily chart),Read More
WTI Crude (CL) Retesting Downchannel Resistance on Weekly Chart on Sharp Rebound
Please Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL Mar15) Weekly/Daily/4hr/Hourly CL pushed lower in the early part of yesterday’s Asian session, only to power ahead over 5% during the European session. CL is now retesting its downchannel resistance (on the weekly chart) and appears to have madeRead More
WTI Crude (CL) Plunges Over 5% from Downchannel Resistance
Please Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL Mar15) Weekly/Daily/4hr/Hourly CL has made a more than 50% retracement of the gains from the 3 day rally, and found its initial bounce in today’s Asian session at just above the 61.8% Fib retrace (of the same rally). TheRead More
WTI Crude (CL) Hits Downchannel Resistance on Weekly Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL Mar15) Weekly/Daily/4hr/Hourly CL plowed further ahead yesterday, easily slicing through 50 to 54 intraday, before encountering downchannel resistance (on the weekly chart). The weekly MACD green line is beginning to turn up, suggesting a positive crossover soon, and followingRead More
AUDUSD Testing Descending Wedge Resistance on Weekly Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. AUDUSD Weekly/Daily/4hr/Hourly The AUDUSD forged higher yesterday, exhibiting a roughly 150 pip range intraday. The AUDUSD bounce continues reflecting improving sentiment towards commodities especially in the energy, precious metals and softs complex. On the weekly chart, the AUDUSD is testing descending wedge resistance,Read More
Natural Gas (NG) Spikes Over 11% as it Bottoms on Weekly/Daily Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Natural Gas (CME NG Feb15) Weekly/Daily/4hr/Hourly NG spiked over 11% yesterday, solidly putting in a bottom on the weekly and daily charts. On the weekly, NG has reclaimed downchannel support, and on the daily chart, NG is solidly above a downchannel resistance line.Read More
S&P500 (ES) Testing 2000 Level
Please Register/Login to view the complete edition of Today’s Top 10 Trades. VIX (CFE VX Jan15) Weekly/Daily/4hr/Hourly The VX pulled back yesterday initially, only to power ahead in the US session slightly above the December high. On the weekly chart, the VX can be seen targeting the October high next, and has a fair amountRead More