Daily Technical Analysis

Market Analysis - Daily Technical Analysis

10 Yr T Notes


Ten Year provided the buying opportunity we hoped for at 116.23 and held above 116.21 keeping you long as we bounced to 116.29/30 for a nice profit.


The key for today will be that...

Market Analysis - Daily Technical Analysis

GBP/USD


1.4950/40 remains good support in Cable from long term fib level. Now we do look under
a bit of pressure here but unless we can break 1.4940 short term would play this
from the long...

Market Analysis - Daily Technical Analysis

Currency Pair Daily ForecastsEUR/USD Daily Technical Reports

EUR/USD-market strategy indicates buying levels from the $1.3689

Technical oscillators are supporting the bullish trend for the...

Market Analysis - Daily Technical Analysis

Technical Analysis Daily: EUR/USD

EUR/USD 1.3630

EUR/USD Open 1.3645 High 1.3677 Low 1.3548 Close 1.3653

On Wednesday the European currency showed a sign of recovery although Germany's Trade...

Market Analysis - Daily Technical Analysis

Foreign Exchange Market Commentary

EUR/USD closed higher on Wednesday while extending the trading range of the past five weeks. The high-range close sets the stage for a steady to higher opening...

Market Analysis - Daily Technical Analysis

Daily Technical AnalysisEURUSD Outlook

The EURUSD didn't make significant movement yesterday. Overall price still consolidation in range area of 1.3450/35 - 1.3735/50. The bias remains neutral...

Market Analysis - Daily Technical Analysis

Bias:    It's not the clearest of pictures but while 90.10 supports we should see 90.93 at least and maybe 92.14.

Yesterday's follow-through higher was almost as expected but stopping slightly...

Market Analysis - Daily Technical Analysis

After touching the upper border of the falling price channel, GBPUSD dropped from 1.5195 and formed a short term cycle top on 4-hour chart. Deeper decline to test 1.4784 support is expected, a...

Market Analysis - Daily Technical Analysis

WTI remains under pressure now with the little top formation. Also the daily charts are showing there to be quite a large top formation now...so this should come lower over the next week... 8070 to...

Market Analysis - Daily Technical Analysis

Short Sterling


June hit resistance at 99.28 which gives us an excellent selling opportunity as stops can be tight above 99.30. Only a break above here allows moves to the upside to continue. If...

Market Analysis - Daily Technical Analysis

Dax March Contract


Dax bounced a few ticks above 5834 support and managed to reach 5909.

The market looks a little weakened after yesterday’s action.We have failed to reach our target of 5821...

Market Analysis - Daily Technical Analysis

Today Was Yesterday In Reverse

Market wrap

Monday's action in the major currencies was repeated today - only in reverse. At least that was the case for EURUSD and some of the JPY crosses, as...

Market Analysis - Daily Technical Analysis

Technical Analysis Daily: EUR/USD

EUR/USD 1.3605

EUR/USD Open 1.3607 High 1.3698 Low 1.3541 Close 1.3599

After rising on Monday to 1.3698, Euro/Dollar traded with a slight decrease on Tuesday...

Market Analysis - Daily Technical Analysis

Currency Pair Daily ForecastsEUR/USD Daily Technical Reports

EUR/USD-market strategy indicates buying levels from the $1.3603

Technical oscillators are supporting the bullish trend for the...

Market Analysis - Daily Technical Analysis

Foreign Exchange Market Commentary

EUR/USD closed lower on Tuesday while extending the trading range of the past five weeks. The mid-range close sets the stage for a steady opening on Wednesday...

Market Analysis - Daily Technical Analysis

Daily Technical AnalysisEURUSD Outlook

The EURUSD attempted to push lower yesterday. Price slipped below the minor bullish channel, bottomed at 1.3537 but closed higher at 1.3600 and now back...

Market Analysis - Daily Technical Analysis

FX Technical CommentaryEuro 1.3595

Initial support at 1.3531 (Mar 5 low) followed by 1.3436 (Mar 2 low). Initial resistance is now located at 1.3736 (Mar 3 high) followed by 1.3788 (Feb 17...

Market Analysis - Daily Technical Analysis

Bias:    Mixed - tend to look for the correction above 133.93 to extend

Losses were pretty solid and stalled just below the 134.00 support. I suspect this is probably enough for now and we could...

Market Analysis - Daily Technical Analysis

Technical Analysis Daily: EUR/USD

EUR/USD 1.3622

EUR/USD Open 1.3618 High 1.3698 Low 1.3605 Close 1.3633

Optimism is back after the U.S. Unemployment figures out better than expected on Friday...

Market Analysis - Daily Technical Analysis

Foreign Exchange Market Commentary

EUR/USD closed higher on Monday as it consolidated some of Thursday's decline. The mid-range close sets the stage for a steady opening on Tuesday. Stochastics...

Market Analysis - Daily Technical Analysis

Daily Technical AnalysisEURUSD Outlook

The EURUSD attempted to push higher yesterday, topped at 1.3703 but closed lower at 1.3632. The bias is neutral both in nearest and medium term as price...

Market Analysis - Daily Technical Analysis

FX Technical CommentaryEuro 1.3630

Initial support at 1.3531 (Mar 5 low) followed by 1.3436 (Mar 2 low). Initial resistance is now located at 1.3736 (Mar 3 high) followed by 1.3788 (Feb 17...

Market Analysis - Daily Technical Analysis

Bias:    I am bearish and look for losses with the only risk being a break above 0.9115 to reach 0.9169 before lower

The short term structure is a bit mixed but overall I remain with a bearish...

Market Analysis - Daily Technical Analysis

GBPUSD breaks below 1.4992 key support, suggesting that a short term cycle top has been formed at 1.5195 level on 4-hour chart. Deeper decline towards 1.4784 previous low is expected later today...

Market Analysis - Daily Technical Analysis

Technical Analysis Daily: EUR/USD

EUR/USD 1.3671

EUR/USD Open 1.3640 High 1.3745 Low 1.3545 Close 1.3620

Euro/Dollar depreciated first on Friday ahead of the US Nonfarm payrolls, the...