Platinum (PLN15) has potentially formed a bottom and could start moving higher at this stage. Targeting 1234.0 on the median line if buy order triggered.
COFFEE (KCN2015) attempting a breakout to the downside from a 6weeks rectangle. A Strong close below support (132.00) will lead to 118.0 and possibly 100.0 as final target.
Aussie is forming a bottom here above 0.75 support. Dollar weakness a possible strength in metals could help the Aussie to move higher today.
Bean meal ZMK15 out of a triangle formation since mid march 2015. The current price action and re-test of the upper parallel suggests more downside. Targeting the median line by the end of the month (300.0)
E-mini S&P 500 ready to breakout to the upside - monitor
Look at this pair for a potential short trade at trendline breakout
Nice formation on British pound (B6M15)
Crude Oil (CLK15) is moving in a channel. Currently at upper bound. Shorts should aim at lower bound (43.0-44.0). By end of April15.
Copper (HGK2015) has recently tested the 2.88-3.00 resistance - see related idea linked below. A series of reversal bars during 15 trading days (23mar - 10apr) are signalling an incipient bear trend resumption. We are targeting the recent pivot low (2.5910) - 1st target. Drop should be fast (1-2 days)
M top on the Swiss Franc (S6). Targeting the next support (0.9873).
I'm bearish Cocoa (CCK2015). Double top in March15 followed by a steep sell-off. We are currently in consolidation and ready to resume the bear trend. I believe we could reach 2400-2500 in short time (beginning - mid April 2015)
Silver bear trend possibly resuming here. Upper parallel tested during retracement on 26Mar2015. Look for selling opportunities.
We have just tested the 2.93-3.00 resistance - trend is down + weekly reversal bar - look for selling opportunities in HG
The bear trend continues on coffee (KCK15). The recent retracement to the upper parallel offers a great opportunity to short at 140.0. Targeting lower parallel but we might find some short term support at 129.0 (first target)
The bear trend continues on coffee (KCK15). The recent retracement to the upper parallel offers a great opportunity to short at 140.0. Targeting lower parallel but we might find some short term support at 129.0.
Cotton (CTK15) broadening pattern. Selling at current market price 60.0 targeting bottom of the range (56.50).
Palladium chart showing a 5yr trend-line. Monitor breakout for shorts. Funds could start liquidating their longs below 746.