Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index caved under continued downward pressure Friday on the back of a further strengthening of the USD. Expectations of the SNB selling some of its accumulated Euros in favour of the USD ahead of the January 22Read More
Tag: GBPUSD
SNB Surprise Fuels EURCHF Spike Up, EURUSD Weakness
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Cocoa (ICE CC Mar15) Weekly/Daily/4hr/Hourly CC has seen a surge in upward momentum over the last few weeks, and is currently just shy of a downchannel resistance line (as seen on the weekly chart). Nearer term, on the daily chart, CC is flirtingRead More
Silver (SI), Gold (GC) Bouncing Off 50% Fib Retrace of 2 Wk Dec Rally
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Cotton (ICE CT Mar15) Weekly/Daily/4hr/Hourly CT surged late in yesterday’s session, after having initially pushed below .6. By the close, CT was back in the upper half of the upchannel as seen in the 4hr chart. On the daily chart, CT continues itsRead More
USDX Sitting Back Below 4yr Upchannel Resistance Ahead of FOMC
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index charged higher yesterday on the back of the French and German Flash Manufacturing PMI, German ZEW Economic Sentiment, and US Building Permits. In the weekly chart below, the RSI is now firmly back above 30. WeeklyRead More
EURUSD, GBPUSD Trading Range Likely Tight Despite Busy News Day, as FOMC Looms
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index slid a bit yesterday on some profittaking ahead of today’s busy news schedule. At 3am EST, French Flash Manufacturing PMI will be released, followed by the 330am EST release of the German Flash Manufacturing PMI, andRead More
EURUSD, GBPUSD, VIX (VX) Refueling
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index pushed higher Friday after a bit of a dip on profittaking Thursday. Although a small gap exists between the current price level and the rising support line drawn connecting the 2010 and 2012 lows, the weeklyRead More
Strong Intraday Reversal on S&P500 (ES), Nasdaq (NQ)
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Cotton (ICE CT Mar15) Weekly/Daily/4hr/Hourly CT has been trending up gradually over the last month as seen in the daily chart, and is running into the October low but more significantly the descending wedge resistance line seen in the weekly chart. With theRead More
VIX (VX) Sharply Higher as Santa Claus Rally Unwinding
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index rallied decisively higher yesterday, and on the weekly chart below, is building on its upside momentum off of its current tradable bottom. Although a small gap exists between the current price level and the rising supportRead More
Silver (SI), Gold (GC) Spike on Greece Worries/Downtrend Break
Please Register/Login to view the complete edition of Today’s Top 10 Trades. Euro Philadelphia Index Weekly The Euro index staged a nice bounce yesterday, and on the weekly chart below, is the closest it has been in the last few weeks to forming a tradable bottom. Although a small gap exists between the current priceRead More
S&P500 (ES), Nasdaq100 (NQ) Breaking Upchannel Support (Late October-Yesterday)
Please Register/Login to view today’s complete Newsletter. VIX (CFE VX Dec14) Weekly/Daily/4hr/Hourly VX staged a decent rally yesterday, bouncing off descending wedge support as seen on the daily chart, and coming to within a whisker of the July/September lows at roughly 15. This resistance level coincides with the downchannel in the 4hr chart and theRead More