An insight into how we look at the markets here at FuturesTechs Mews… . . . Trade Set Up: Pivotal Intraday level and bottom of previous days Value Area holds as resistance twice in early trade setting Initial Balance. … Continue reading
The RBA cut rates 25 bps overnight and the Aussie has weakened against the US Dollar. What next for this currency pair? What do the charts say? Market Profile and Candlesticks are the two main “building blocks” of our analysis … Continue reading
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
All week now we’ve been suggesting that Marabuzo support at 1720.6 would be a good place for a buy order. Yesterday this was proved in some style. Just prior to the FOMC announcement we got a 1720 print. Then we … Continue reading
A number of intertesting developments on this chart in recent days. Here’s what we wrote today: Instead of gapping higher the NASDAQ failed at the previous days high and Marabuzo resistance. Selling down to 2775.25 was seen before a … Continue reading
This is what we sent to our clients on Monday talking about Corn Futures: Last week’s low was 788 so bold support at 786 held firm, keeping the bulls in the box seat. I’m not sure the scale of chart … Continue reading
FuturesTechs is looking to add to it’s Forex coverage in the coming weeks and months, and re-vamping our website to make it more “user friendly” for Individual traders, with extra emphasis on Forex. Below is an excerpt from today’s report … Continue reading
Here is an excerpt from our FTSE Futures report that was sent to our clients at 6.48 (UK time) this morning. As you can see our trade idea was to sell at 5745 with targets at 5720, 5695 and 5670. … Continue reading
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
Three charts to show you today: Here is a Weekly showing the gently sloping DOWNTREND LINE that can be placed above the lower highs since the failure/high in October 2007. What this shows is that the recent rise has taken … Continue reading