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: Buxl
EURUSD About to Complete Symmetrical Triangle on Daily Chart
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
GBPUSD About to Resume Upside
British Pound Philadelphia Index Weekly The British Pound index continues bottoming on the weekly chart, and should be close to resuming its upside after several days of consolidating. The MACD black line continues moderating in its negative slope, while the RSI and Stochastics climb slowly out of oversold territory. Let’s take a look at theRead More
Cotton (CT) Ready to Resume Upside
Cotton (ICE CT Dec14) Weekly/Daily/4hr/Hourly After yesterday’s late session rally, CT appears like it’s just about finished consolidating, and ready to form a higher low (as seen in the daily chart). On the 4hr chart, CT’s approaching downchannel resistance, but given the rising (or about to be rising) RSI, Stochastics and MACD across the weekly,Read More
Soybean (ZS) Weekly/Daily/4hr Charts Bullishly Aligning
Soybean (CME ZS Nov14) Weekly/Daily/4hr/Hourly ZS rallied strongly yesterday, breaking above its descending wedge resistance (as seen in the weekly chart) along with the downchannel resistance (as seen in the daily chart). On the 4hr chart, it is currently flirting with breaking an ascending triangle resistance. With its weekly, daily and 4hr RSI and MACDRead More
Pending Volatility Spike on Corn (ZC), Wheat (ZW), Soybeans (ZS) Post-Wasde
Cotton (ICE CT Dec14) Weekly/Daily/4hr/Hourly CT continued selling off yesterday after hitting a key resistance level (former ascending triangle support as seen in the daily chart), but found support at the 50% Fibonacci retracement of the rally from .61 to .653 (as seen in the 4hr chart). Its weekly and daily RSI, Stochastics and MACD,Read More
Accumulating Corn (ZC)/Wheat (ZW)/Cotton (CT)/Natural Gas (NG) Longs
Today’s going to be a busy day of trading as I’ll be accumulating fresh longs on Corn (CME ZC Sep14), Wheat (CME ZW Sep14) and Natural Gas (CME NG Sep14) after having traded in and out of them last week. I’m still holding two lots of Cotton (ICE CT Dec14) long from last week, andRead More
Netflix (NFLX) Rolling Over
Netflix (NFLX) has been exhibiting toppish behavior for a few weeks now, and is now added to the watchlist as both its weekly as well as daily charts now point lower. Given the downward pressure in the last few sessions, selling into a small bounce today or early next week may present better risk-reward. ArabicaRead More
Arabica Coffee (KC) Rallies Again
After a strong performance of over 4% in gains yesterday, Arabica Coffee (ICE KC Sep14) has reclaimed the 38.2% retrace level of the 2014 Jan-Apr rally. KC will likely experience a bit of profit taking today, but has now with an increasingly bullish weekly chart, laid a strong foundation for gains in the weeks ahead.Read More
BUXL (GBX) Added to Watchlist
Buxl (Eurex GBX Sep14) has been added to today’s watchlist, as the German bond complex (particularly the Buxl, Schatz and Bobl) is beginning to show signs of topping after a strong extended rally. Arabica Coffee (ICE KC Sep14) experienced a bit more profit taking yesterday after a strong Friday. Expect a little more downside pressureRead More