Natural Gas (NG) Nearing Downchannel Support on Daily Chart

Natural Gas (Wkly/Dly/4hr/Hrly) Charts

Please Register/Login to view the complete edition of Today’s Top 10 Trades. Natural Gas (CME NG May15) Weekly/Daily/4hr/Hourly NG gapped down (from Friday’s close) on yesterday’s opening, and continued sliding throughout the session, sitting precariously at upchannel support (in the 4hr chart) and just above downchannel support (on the daily chart). At the same time,Read More

WTI Crude (CL) Breaks Above Symmetrical Triangle on Daily Chart

WTI Crude (Wkly/Dly/4hr/Hrly) Charts

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

EURUSD (Wkly/Dly/4hr/Hrly) Charts

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