Technical forecast for USD/JPY
USDJPY has sold off over night to 98.43 but we have recovered above support at 98.76/70. The outlook is quite negative with resistance at 99.15 but above here we could stretch to 99.45/50 for a selling opportunity with stops above 99.75
Technical forecast for GBP/USD
GBPUSD beat 1.5850 to hit all our targets & over night has continued higher to 1.5958. The next big resistance is now at 1.5990/6010. If this target is
Technical forecast for EUR/USD
EURUSD hit 1.3315/20 for a selling opportunity & this trade worked perfectly as we dipped back to 1.3255 on Friday. This morning we have broken above 1.3315/25 to
Technical forecast for US and Euro Stock markets
EuroStoxx just held on to 2597 but below here today risks a retest of 2589/83 support & a second chance to buy in to medium term longs in
USD/JPY: Yen Under Pressure as BOJ Minutes Discuss Further Easing Options
The Japanese yen is deemed to maintain its decline opposite the Australian dollar today after minutes of the Bank of Japan’s rate review revealed additional options for expanding
Today’s technical forecast for Energy Futures
WTI Crude Oil was predicted to sell off on Friday & we saw sharp losses for a retest of Feb lows at 95.06/94.97. We bounced just above here
Technical forecast for Spot Gold
Spot Gold fell just short of 1656/57 resistance where we expected a top. We have now retested the 1641/39 support & bounced as hoped, so we have a
Today’s technical forecast for Energy Futures
WTI Crude Oil went for a retest of 98.15/25 highs where we expected prices to top out with over bought indicators flashing in the short term & a
Technical forecast for US and Euro Stock markets
EuroStoxx broke 2661 but failed below 2671. Daily charts are more positive but short term we are overbought so looking for buying opportunities if we drift lower in
Technical forecast for Spot Gold
Spot Gold dipped below 1643/42 but only to 1639 before recovering. If we can now hold above 1649 we should push on to 1656/57 resistance. We could top