Expert Technical Analysis for Global Markets, Specialising in Energy
in Brent Crude, Bund, Commentary, DAX, Dow, Dutch TTF Nat Gas, EURUSD, FTSE 100, GBPUSD, Gold, S&P, Silver, Technical Analysis, Trading
Here are the levels that we have identified this week as ‘ones to watch’ from yesterday’s trade.
We cover a range of asset classes in different market sectors, providing concise and high-conviction levels to look for across the day. Featured regularly on the PiQ ‘Morning Blast’ Podcast hosted by Ryan Paisey and Michael Brown.
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 here at FuturesTechs. Let’s look at these to give further clues as to futures direction for this pair.
The chart …
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 is 38.2% of the sell off from the 2011 high. Shorter term Fibonacci retracement analysis suggested 35.12 might be a reference …
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 can be placed at current levels (8078) or a safer trade would be to buy a break through 8080, with …
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 got the nod on “QE3” from the Fed, and Gold ramped, getting up to 1775 by the end of the session. What now …
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 recovery into the close resulted in little change from the opening level.
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Like the Dow and …
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 for EURGBP:
Yesterday we said: ‘Buying dips to 7970 with a stop below 7940 is the play for today. Upside …
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. We have hit the first target and suggest stop is now moved to entry.
Yesterday’s first hour saw a rally …
One of our services offered to clients is providing trade recommendations in UK equities. After taking a step back from the market last July – October when Risk Reward opportunities weren’t viable given the intraday volatility, our service has resumed and run consistently since December. Capitalising on the year end rally and move so far this year recent recommendations report solid returns. …
Our clients are short the miners and banks – are you?
Over the last few weeks our viewing of the Technical Analysis charts has seen us increasing our bearish slant on the FTSE, mainly citing Financials and Miners as the sectors looking most vulnerable.
Last week we issued short trade recommendations in BHP Billition at …