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Chart of The Day $Gold 11-11-2016 On the Gold daily chart we can see that the instrument is below 200 SMA (blue line) indicating a short term downtrend continuation. Strong support for the downside is 1300-1310 zone. First resistance for extended downside is 1250 followed by 1220...

Chart of The Day $SPX 11-10-2016 On the S&P 500 daily chart we can see a breakout above important 2150 resistance after a bounce from 200 SMA 2075 level. The trend is upside and instrument is on a road to 2200 at least. Support now is 2130-2150 zone. Medium term Trade alerts, Intraday trade...

Chart of The Day $Oil 11-08-2016 On the Oil daily chart we can see a bounce from well known horizontal support zone 43-43.60. Above 46 we could see extension higher to 48.20 at least. Only with a break and close below 43 downside extension could bring the instrument down to 40. Medium term...

Chart of The Day $GBPUSD 11-07-2016 On the GBPUSD daily chart we can see a retrace after the breaking of rectangle bottom. Support for the upside is 1.2350-1.2400 zone if the pair doesn’t reverse higher before that. Target level after rectangle break is 1.2750 at least. Medium term Trade...

Chart of The Day $GOLD 11-04-2016 On the Gold daily chart we can see an inside bar formed yesterday. Above 1308 level we could see extension higher for a test of 1330. Strong support for upside continuation is 1280 level. Medium term Trade alerts, Intraday trade alerts, Intraday tradable...

Chart of The Day $USDCAD 11-03-2016 On the USDCAD daily chart we can see rectangle formed just above the upper wedge line. Break below 1.3350 would expose 1.3200 and 1.3000 level lower. Only a break above 1.3460 would open extension higher. Additionally there is a negative RSI divergence...

On the CADJPY H4 chart we can see rectangle break below 77.800. Downside extension levels are 77 and 76. Invalidation of a downside move will be only in a case of break above 78.500. Medium term Trade alerts, Intraday trade alerts, Intraday tradable levels for majors, NY session tech...

Chart of The Day $AUDUSD 11-01-2016 On the AUDUSD daily chart we can see that the pair is going for a test of 0.7700 with RBA decision to keep interest rate decision unchanged. If we get a break higher we could see upside extension to 0.7800-0.7900 zone. Range is narrowing and we could get a...

Chart of The Day $AUDJPY 10-31-2016 On the AUDJPY daily chart we can see that the pair reached strong resistance level 80.230 tested and rejected from, four times previously since June 2015. 200 SMA is marked by 80.093 level. If we get a rejection from this zone again we could see the pair...

Chart of The Day $USDJPY 10-28-2016 On the USDJPY daily chart we can see that the pair reached strong resistance level 105.500. 200 SMA is sitting at 107.250 and if we get a break above 105.500 we could see a test of 200 SMA. If the pair is rejected here then lower broadening wedge border will...

Chart of The Day $FTSE 10-27-2016 On the FTSE daily chart we can see that it is rejected from 7100 level all time highs and instrument is now below 6900. It seems that Index has formed a medium term top and a slide to 6700 is not excluded before any directional move higher or lower. Medium...

Chart of The Day $AUDUSD 10-26-2016 On the AUDUSD daily chart we can see that it is testing strong 0.7700 level resistance . If we get a break and confirmation with follow through then the pair could target 0.7900-0.8000 zone to the upside. Only a fall below 0.7470 will invalidate this short...

Chart of The Day $USDCAD 10-25-2016 On the USDCAD daily chart we can see that it is rejected again at 1.3350-1.3390 zone, historically strong resistance to the upside before and now strong hold of the downside. We could get more sideways between 1.3000 and 1.3300 before any larger directional...

[URL deleted] Chart of The Day $Oil 10-24-2016 On the Oil daily chart we can see that it is supported by 49.40-50 zone and is trying to break 52. It looks like a this right shoulder of massive long term Inverse H&S is coming to an end. Definite break of the neckline 52 level could lead to a...

Chart of The Day $EURJPY 10-20-2016 On the EUR/JPY daily chart we can see that it is testing lower triangle line 112.800 level and if we get a break of that level first resistance to downside continuation is 112. The range between 112.800 and 116 is narrowing and we could get a break...

Chart of The Day $EURUSD 10-20-2016 Medium term Trade alerts, Intraday trade alerts, Intraday tradable levels for majors, NY session tech analysis, Intraday charts More on web site trendtradingdna

Chart of The Day $USDJPY 10-18-2016 On the USDJPY daily chart we can see rejection from 104-105 zone and a bearish stick sandwich pattern which would be confirmed with a break of 103 level to downside. Only a break and close upside of 105 level will invalidate bearish range move to 100-101...

Chart of The Day $EURUSD 10-17-2016 On the EURUSD daily chart we can see a break of the lower wedge line 1.11000 level and the pair is reaching support zone where the bounce is expected for at least a retest of broken 1.11000 level, if this zone 1.0930-1.0950 zone holds. Medium term Trade...

Market watch – $USDNOK 10-12-2016 Every week a new trading opportunity ! On our market watch today is the USDNOK. After a huge break downside of important levels 8.0300 and 7.9670 the pair is making a retrace, and if we look at the swing down July-Oct 2016 38.2% is sitting just at 8.2403 and is...

Chart of The Day $USDZAR 10-12-2016 On the USDZAR daily chart we see strong retrace all the way to important pivot 14.4600 and also 100 SMA 14.3271 which rejected the pair on a way higher. Today correction of a yesterday big swing is on the way and we could see a retest of 14.000 zone before any...