TA Weekly – 37/2015

Along with our last week’s roadmap, USDCHF, GOLD, COPPER, CRUDE OIL WTI printed new highs meanwhile the Treasuries (Bund & US 10Yr), EURUSD, EURJPY, GBPUSD, AUDUSD slipped to lower levels and Equity Indices remained in consolidation mode as anticipated.

Highlights (Week 37):

DAX30 – make-or-break!
SMI – caught in the middle.
S&P500 – 1920 to hold?

EURUSD – further downside to come.
GBPUSD – to bounce or not to bounce?
EURJPY – bottom in sight?
USDCAD – do not chase upside!
USDJPY – was that the top?

GOLD – too early to turn bullish.
COPPER – bottom found?
CRUDE OIL WTI – to proceed its bounce?

…and more!

TA Weekly – 36/2015

As anticipated in our last week’s “Technical Weekly”, we expected further downside in DAX30 and SP500. Also according to our last weeks release, the German Bund and US-10 Year Notes have proceeded to higher highs along with EURUSD, USDCAD and Gold. Moreover, Crude Oil WTI has reached our suggested support at 38 and rapidly rebounded as expected. For the upcoming week, we have several make-or-break scenarios especially on the Equity Indices side.

Highlights (Week 36):

DAX30 – retest of recent lows to be expected?
SMI – is the panic over? New highs in sight?
S&P500 – trading at 50% retracement, now rebound to all-time highs?

GERMAN BUND – to proceed to higher highs?

EURUSD – to drop to 1.09?
EURCHF – swiss franc to weaken further?
USDCHF – parity in sight?
USDCAD – sky is the limit?

GOLD – proceed its rebound?
CRUDE OIL WTI – bottom found?

…and more!

GBPUSD (OPENING)

Hello again,
We see a bearish divergence in momentum in GBPUSD as well as momentum supportline break which leads GBP to weaken against USD.
Therefore I recommend to short GBPUSD at current levels (1.6708).
Target Limit 1.6625
Protective Stop 1.6771
Trade horizon <5 days
Happy trading!!!
So long,
revive13.com

GBPUSD-1