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!


USDCAD (1.2439) has broken its momentum downward sloping resistance line suggesting of upcoming strength. If USDCAD breaks the resistance line (yellow) in price, breakout is confirmed. This price trendline break is crucial for trade entry as divergences/trendline breaks in momentum and other indicators only provide warnings, trades should NEVER be implemented solely based on those “warnings” – one should always wait until price confirms.

Once price resistance line is broken, USDCAD is likely to test the upper channel line ~1.2650.


Good afternoon,
USDCAD is currently trading around 1.1240 and has almost reached our target at 1.1270. We decide to close our idea and take the profit of 250 PIPs accordingly.
Have an excellent weekend!


Good afternoon,
While USDCAD is on its way to test the old spring highs and therefore already being up 160 PIPs (currently trading at ~1.1150) with our trading idea since inception (1.0990), we recommend to raise the stop-loss just into the profit zone at 1.1000.
The overall setup is still in place and we expect USDCAD to soar another 100 PIPs before heading into some congestion.
In the meantime, we wish you an excellent weekend!


G’day everybody!
A head and shoulders formation has been built in USDCAD – this suggests of a mid-term reversal and test of March 2014 high (1.1279) which is also the upside target of this pattern.
Therefore, we recommend to go long USDCAD at current levels (~1.0990):
Target Limit: 1.1270 (+280 PIPs)
Stop-Loss: 1.0808 (-182 PIPs)
Time horizon: <3 months
See also attached screenshot.
Happy Trading!
So long,