Forex Technical Analysis for 9th October – Sell GBPUSD

Our early morning Signals reports service is now up and running. This morning’s highest conviction call was a sell in GBPUSD at 1.6060, a trade which is yet to be triggered as early price action was a sell off to … Continue reading

Silver Technical Analysis for 26th September

Our clients will be well aware that we have been getting increasingly bearish of Silver in recent days. Let’s have a look at what has prompted this shift in sentiment. “Bigger picture” charts have a major Fibonacci resistance at 35.16. This … Continue reading

FX Technical Analysis – EURGBP a BUY at 8078

This morning’s analysis for EURGBP suggested a buy at 8070 with a stop at 8044. Since we put that out pre 8am (UK time) the market has tested and held this level on a number of occasions. A buy trade … Continue reading

Natural Gas Technical Analysis for 15th August

Our Natural Gas commentary from this morning highlighted a developing pattern that suggests yesterday’s gains presented a selling opportunity. Here’s a snippet from our report: I’ve added a line to today’s chart which is slightly tentative but may be confirmed … Continue reading

FTSE, Eurostoxx, Brent, Gold, Silver and Bund Technical Analysis

I have been on CNBC this morning talking about the outlook for the FTSE and Eurostoxx after a big week last week.The link for the interview is on our “Media” page here. The crux of the comment was that the … Continue reading

Eurostoxx Technical Analysis – Market hits resistance

It was interesting stuff as the bulls had a look at the August high before turning tail and letting this drift back a level. The high was exactly at 2849 (we had suggested thinking in terms of a 2842 – … Continue reading

Gold Technical Analysis – Shining bright – Making new all time highs

A few days back we said: “Dips are being bought, the bulls are in charge, and we’re not going to be caught batting against such a solid trend. Oh no!” The market is in a rampant mood now, and put … Continue reading

S&P 500 Technical Analysis – Still holding firm

We’ve been asking 1131.50 to do a job as support and in the main it’s obliged. The couple of times we haven’t held this level, yesterday being one, we’ve got down to 1127 before bouncing neatly. We get the hint. … Continue reading

Bund Technical Analysis – Buy the dips!

After a strong session on Thursday that saw us back into positive territory we had a weak day on Friday, but we held above the 130.67 level that has now become our reference point to stay with the bulls. So … Continue reading

S&P 500 Futures Technical Analysis – Topping out?

The bears had the better of things yesterday as we sold off from 1134.50 to 1117.50 in European trade. When the day session kicked into life we caught a bid for a while, trading up to 1132.25 before a Shooting … Continue reading