Please Register/Login to view the complete edition of Today’s Top 10 Trades. AUDUSD Weekly/Daily/4hr/Hourly The AUDUSD edged higher yesterday but is increasingly tiring as it’s been clinging close to upchannel resistance (in the 4hr chart) and as it challenges the horizontal resistance around .775 (as seen in the daily chart). With the weekly and dailyRead More
Tag: $CL_F
Natural Gas (NG) Retesting 2015 Low Ahead of Storage
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Natural Gas (CME NG May15) Weekly/Daily/4hr/Hourly NG sold off strongly yesterday ahead of today’s storage figures, and now sits just above the 2015 low formed in February. As seen in the weekly chart, NG’s descending wedge appears to have some downside before itRead More
WTI Crude (CL) Nearing 2015 High Ahead of Inventory #s
Please Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL May15) Weekly/Daily/4hr/Hourly CL continued its rally off last week’s higher low yesterday, fueled in part by the break above symmetrical triangle resistance (on the daily chart). Yesterday’s rally to 54 matched the March high, and paves the way forRead More
WTI Crude (CL) Breaks Above Symmetrical Triangle on Daily Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL May15) Weekly/Daily/4hr/Hourly CL surged yesterday, trading briefly above 52 after breaking symmetrical triangle resistance on the daily chart. Next upside target appears at the March and February highs. The break above downchannel resistance (on the weekly chart) continues CL’sRead More
EURUSD Rallies to 1.1 on Far Weaker than Expected NFP
Please Register/Login to view the complete edition of Today’s Top 10 Trades. EURUSD Weekly/Daily/4hr/Hourly The EURUSD rallied strongly Friday on weaker than expected NFP (Non Farm Payrolls), breaking above a symmetrical triangle resistance line (on the daily chart) and positioning it nicely to challenge downchannel resistance (on the weekly chart). It is currently consolidating theRead More
Natural Gas (NG) Forms Double Bottom Off Storage Figures
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Natural Gas (CME NG May15) Weekly/Daily/4hr/Hourly NG spiked up yesterday on the weekly storage figures, bouncing off the 2015 low (made in February), forming a double bottom. Nevertheless, bulls should remain cautious as the descending wedge NG sits within (as seen in theRead More
WTI Crude (CL) Continues Rallying on Bearish Inventory
Please Register/Login to view the complete edition of Today’s Top 10 Trades. WTI Crude (CME CL May15) Weekly/Daily/4hr/Hourly CL rallied strongly yesterday on the back of its inventory figures, before stalling at the psychologically important resistance level of 50. The rally further reinforced the break above downchannel resistance on the weekly chart. On the dailyRead More
Soybean (ZS) Reverses Initial Spike Down Post USDA Figures
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Soybean (CME ZS May15) Weekly/Daily/4hr/Hourly ZS experienced a wild session yesterday on the back of the USDA figures, with initial sharp downside followed by a strong rebound. ZS has broken above a former upchannel support (on the 4hr chart), and formed a doubleRead More
Wheat (ZW) Approaching Horizontal Resistance on Daily Chart
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Wheat (CME ZW May15) Weekly/Daily/4hr/Hourly ZW powered ahead yesterday to within striking distance of a horizontal resistance line (seen on the daily chart). Importantly on the weekly chart, a double bottom has held, and ZW appears readying to challenge horizontal resistance at roughlyRead More
GBPAUD Doji Forming at Downchannel Resistance 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