Today's focus: Oil
Pattern – Lower High
Support – 86.00
Resistance – 86.87 - 89.12
Hi, and thanks for checking out today's update. Today, we are looking at oil on the daily chart. Since price started to week with a sharp gap higher, we are continuing to watch these new levels and whether they will become set on the medium or long term.
Demand worries and peak...
Today's focus: GER30
Pattern – LH - Lower support test
Support – 15,055 - 15,015
Resistance – 15,287 - 15,504
Hi, and thanks for checking out today's analysis. The GER30 daily is today's focus. Due to the tragic events over the weekend, we have seen stock futures trading lower into the new week. The GER30 is testing Friday's firm finish and could be forming a...
Today's focus: GBPAUD
Pattern – LH Trend continuation
Support – 1.8935
Resistance – 1.9185
Hi, and thanks for checking out today's analysis. The GBPAUD daily is today's focus. What has our attention is the possible continuation that's setting up. This looks to be a bearish continuation at this point, but we want to see price hit a new lower low for the week to...
Today's focus: ASX200
Pattern – Support/ Regular Divergence
Support – 6885
Resistance – 7000 - 7070
Thanks for checking out today’s update. Today, we have run over ASX200, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
Interest today starts from the support hold we are watching from...
Today's focus: USDCAD
Pattern – LH Resistance Point
Support – 1.3441
Resistance – 1.3515
Hi, and thanks for checking out today's analysis. The USDCAD daily is today's focus, and it held up rather well after oil blasted higher yesterday. With the USD maintaining its run, this has kept things in check. Despite that, we still saw a failed high from buyers that have...
Today's focus: UK100 Index
Pattern – Continuation Pattern
Support – 7629 - 7588
Resistance – 7720, 7916
Thanks for checking out today's update. Today, we have run over UK100, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
The primary focus of today's look at the UK100 is the current...
Today's focus: USD Index
Pattern – Nill
Support – 105.00 - 104.45
Resistance – 105.10 - 105.55
Thanks for checking out today's update. Today, we have run over the USD Index, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
The USD index sits in an interesting spot with the FOMC to come....
Today's focus: USDJPY
Pattern – Ascending Triangle Pattern
Support – 146.50 - 144.75
Resistance – 147.92
Thanks for checking out today's update. Today, we have run over USDJPY, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
The USDSJPY continues to be locked up in a bullish continuation...
Today's focus: US2000
Pattern – Descending Triangle Pattern
Support – 1840
Resistance – 1870
Thanks for checking out today’s update. Today, we have run over US2000, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
The Russel isn’t a market I normally watch or trade, but the descending...
Today's focus: ETHUSD
Pattern – Divergence, demand bounce.
Support – 1538
Resistance – 1647
Thanks for checking out today’s update. Today, we have run over ETHUSD, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
ETHUSD continues to build after sellers look to have formed a washout bar...
Today's focus: GBPUSD
Pattern – LH low test
Support – 1.2456
Resistance – 1.2510
Thanks for checking out today’s update. Today, we have run over the GBPUSD, breaking down the overall price picture and levels and incorporating moving average and RSI into the analysis.
The GBPUSD continues to push lower after yesterday’s session. Price created a new LH and has...
Today's focus: EURJPY
Pattern – Range support test post LH trend break.
Support – 157.05 – 155.85
Resistance – 158.40 – 159.40 (area)
Thanks for checking out today’s update. Today, we have run over the EURJPY, breaking down the overall price picture and levels we are watching.
The JPY has started the week on a strong note with solid gains so far to the EUR,...
Today's focus: NDX100 Nasdaq
Pattern – Higher lower support point (LH Inc)
Support – 15,320 - 14,690
Resistance – 15,520 – 15,822
Thanks for checking out today's update. Today, we have run over the NDX100 on the daily chart. We have started with the overall picture and worked our way into the current short-term perspective with things we are watching and levels...
Today's focus: Bitcoin
Pattern – Range test
Support – 25,600 – 25,280
Resistance – 26,080 – 27,630
Today, we have run over Bitcoin. We have broken down current price action with our thoughts on what we see over the longer-term and short-term price structure.
Sellers continue to push at buyers in the short term after buyers made a quick push higher last week,...
Today's focus: USDJPY
Pattern – Resistance test
Support – 144.72
Resistance – 146.50 / 149.00 area
Today, we have run over the USDJPY price action and looked at the overall trend. Buyers have beaten resistance, but will we see a new move back up to test the key supply area that stopped the last rally?
Have a great day and good trading.
Today's focus: US30
Pattern – LH
Support – 34,560
Resistance – 35,030
• Price set a new failed high, pressuring the current rally
• US Employment data at due 8:30 am
Today, we have run over US30 technicals and price action after yesterday’s selling set up a failed rally that could become a new lower high. We don’t have a directional bias at the moment, but we...
Today's focus: USDCAD
Pattern – Support hold, retracement
Support – 1.3517
Resistance – 1.3597, 1.3640
• USDCAD price sits at a junction.
• USDCAD failed at its latest key resistance test.
Hi, and thanks for checking out our latest market update. Today, we have run over the USDCAD on the daily chart and discussed oil and the USD index, as well as upcoming news...
Today's focus: AUDCAD
Pattern – Reversal
Support – .8665 - .8625
Resistance – .8765 - .8790
• AUDCAD has posted four positive sessions in a row.
• Could this be the start of a new longer rally or just a counter-trend?
Hi, and thanks for checking out today’s analysis. Today, our focus is on the AUDCAD as price continues to rally after posting a failed low at...
