Vous êtes sur la page 1sur 18

Daily Technical Analysis Report

MARKET WATCH
A leading online forex broker that offers most constructive updates about forex market that helps you to recognize right possibilities to make profit. Get daily updates of market watch about Metals like Gold, Silver, Copper, Energy, and Foreign Currencies like Euro, Great Britain Pound, USD and many more

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

Commodities | Precious - Metals

GOLD
ST Trend
Obj: DECEMBER FUTURE RESISTANCES SUPPORTS 1284.00LEVEL1 1316.20 1300.30 TRP: LEVEL2 1320.60 1295.00

Down
1356.70 LEVEL3 1330.00+/1284.00-

Comment: The market is bearish and vulnerable to further washouts at 1284-1275. A sustained press under 1300- should help propel selloffs. Any corrections should try to setup a bear flag and stay under 1330-. A reluctance to climb over 1320 will encourage selloffs. A close over 133480* is needed for a near term flip up with retracements back to 135670*.

SILVER
ST Trend
Obj: DECEMBER FUTURE RESISTANCES SUPPORTS 19.520 LEVEL1 20.160 19.600TRP: LEVEL2 20.315 19.500

Down
20.990 LEVEL3 20.520 -

Comment: The market is short term bearish and warns for a wash to 1952-. A close under 1945 will send declines against old lows from Dec-January. If trade is reluctant to extend under 1950, be alert for a bounce into several corrective days, likely starting flagging ongestion up around 2030-2060. Closes over 2061 and 2099 are needed to signal a bullish turn.

COPPER
ST Trend
Obj: DECEMBER FUTURE RESISTANCES SUPPORTS 2.7100 LEVEL1 3.0300+/2.9745 TRP: LEVEL2 3.0885* 2.9255

Sdwys /Down
3.0885 LEVEL3 2.9000-

Comment: Overall the market is still bearish and lined up to test at 290-. A complete retracement of Tuesdays range will encourage selloffs. A close under 28770 is needed to add to washouts to 271. Another push over 303 would suggest friendly corrective forces are gaining control and will lift trade to

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

test at 30885* resistance for a bottoming turn.

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

Commodities | ENERGY

CRUDE OIL
ST Trend
Obj: JANUARY FUTURE RESISTANCES SUPPORTS 101.62 LEVEL1 100.77 99.71 TRP: LEVEL2 101.04 98.98 Sdwys/Down 98.32 LEVEL3 101.62* 98.32*

Comment: The climbing recovery weeks has muscled to a short term upturn and projects rallies to a retracement resistance level at 10162*. Trade is poised for rallies and stable action over congestion highs at 10025+ should encourage rallies today. Only a close under 9832* marks a reversing turn and rekindles a projection to 9658*.

NATURAL GAS
ST Trend
Obj: JANUARY FUTURE RESISTANCES SUPPORTS 4.248 LEVEL1 4.442 4.340 TRP: LEVEL2 4.460 4.338 Sdwys 4.504 LEVEL3 4.504* 4.248*

Comment: The market is still bearish and pressing to test a support point at 4248*. A close below 4248* is bearish and could send a wash to 4029*. Tuesdays surge higher hints for recovery action that could carry over into today, but only a close over 4504* signals a reversal turn to bull trending retracements. Rally attempts that struggle to climb past 4447 will likely roll off back into bear trending action.

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

T Bonds | INDICES

MINI S&P
ST Trend
Obj: DECEMBER FUTURE RESISTANCES SUPPORTS 1821.00 LEVEL1 1849.50 1837.00 TRP: LEVEL2 1854.25 1826.00

Up
1863.25 LEVEL3 1863.25* 1821.00*

Comment: Yesterdays outside bear day signals a short term negative turnover. The stalled / failed secondary rallies of recent weeks caution for a reactionary selloff. A close under 1821* should be respected for a larger topping downturn that could wash trade below 1800-. A close back over 186325* is needed to rekindle bull trend forces.

MINI DOW
ST Trend
Obj: DECEMBER FUTURE RESISTANCES SUPPORTS None LEVEL1 16287 16152 TRP: LEVEL2 16295 16094*

Up
16094 LEVEL3 16370+ 15950-

Comment : The market posture retains a short term bull bias, signaling for a secondary drive to challenge previous swing highs over 16400+. A breakout at new highs is needed to launch advances. Yesterdays outside bear day warns minor corrective consolidation for a few days below 16200-, but only a close under 16094* signals a turn to bear trending trade.

MINI NASDAQ
ST Trend
Obj: DECEMBER FUTURE RESISTANCES SUPPORTS 3531.00 LEVEL1 3596.00 3549.00 TRP: LEVEL2 3610.50 3531.00

Up
3671.25 LEVEL3 3671.25* 3488.00-

Comment: The market is showing topping / bearish signals and open to declines at 353100 and possibly lower. Yesterdays close under Mondays low should motivate selloffs into the end of the week. Any minor corrections should struggle just over 360000+ and sideways action will bear flag. Only

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

a close over 367125* rekindles bull trend forces.

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

Commodities | GRAINS

SOYBEANS
ST Trend
Obj: JANUARY FUTURE RESISTANCES SUPPORTS None LEVEL1 1442.00 1419.00 TRP: LEVEL2 1450.00 1411.00 Sdwys/Up 1401.50 LEVEL3 1460.00 1401.00

Comment: The market is still short term bullish, but another rejection up around the last swing high and drop off through 1411 3/4 / 1401 1/2* will mark a turn to peaking trade. A close under 1401 1/2* opens up retracement potential to 1360-. On the other hand, a breakout over 1460 signals a significant upside breakout and should trigger a drive to 1490+.

SOYMEAL
ST Trend
Obj: JANUARY FUTURE RESISTANCES SUPPORTS None LEVE1 471.50 462.50 TRP: LEVEL2 482.00+ 457.70*Sdwys/Up 446.50 LEVEL3 446.50*

Comment: The market has moved back int0 a short term bull position, ready to challenge for a breakout over 47150 and in turn launch a drive beyond 482+. Another back off from 470+ may yet foster a few defensive consolidation days. Mostly sideways action over 45770* will allow trade to bull flag. A close under 45770* marks a turn back against 44650*.

SOYBEAN OIL
ST Trend
Obj: JANUARY FUTURE RESISTANCES SUPPORTS 40.16 LEVEL1 41.31 40.60+/TRP: LEVEL2 41.68 40.16* Sdwys/Up 42.33 LEVEL3 42.33* -

Comment: The market is bearish. The sliding declines from last week show a bear target to a 4016* retracement support level. Any attempts to correct back through last Thursdays break will likely fade under 4200- and lead into a bear flag setup. Only a close over 4233* marks a turn into sustained

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

corrections. Watch for a bounce off 4016* on the first test.

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

WHEAT
ST Trend
Obj: MARCH FUTURE RESISTANCES SUPPORTS None LEVEL1 704.00 690.00* TRP: LEVEL2 708.00 687.00

Down
690.00 LEVEL3 716.00 674.00

Comment : The market is bullish, but needs to hold off 690* support to promote secondary rallies. A breakout over last weeks high creates potential for a blow off run over 750+. The past two day slide through Mondays range is hurting bull forces. A close under 690* marks a reversal into topping trade and likely selloff into the 670-660 levels.

CORN
ST Trend
Obj: MARCH FUTURE RESISTANCES SUPPORTS None LEVEL1 488.00 483.00 TRP: LEVEL2 491.00 477.00

Down
472.00 LEVEL3 495.00*+ 472.00*

Comment: The market is in a bull trend, but secondary rallies are being stopped by 491 1/2* and 495* resistance. A breakout over 495* rekindles the bull drive and breakout over the last spike high alerts for driving rallies beyond 515+. A press under 477 projects selloffs to attack 472* support. A close under 472* confirms a short term top and selloff under 460-.

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

Commodities | SOFTS

SUGAR
ST Trend
Obj: MARCH FUTURE RESISTANCES SUPPORTS 16.50LEVEL1 17.50 17.17 TRP: LEVEL2 17.60 16.96

Down
17.79 LEVEL3 17.79* 16.50-

Comment: The market remains in a bear downturn with potential for another selling wave to 1650.Yesterdays sharp retracement hints for corrections today-Friday, but only a close over 1779* rekindles bull trend forces. Recovery action that fades under 1779* will peel off into secondary selloffs. A close under 1697 renews bear trending moves.

COFFEE
ST Trend
Obj: MARCH FUTURE RESISTANCES SUPPORTS 159.50 LEVEL1 179.75 170.45 TRP: LEVEL2 183.30* 166.00 Sdwys/Up 193.05 LEVEL3 193.05* 159.00

Comment : The market is bearish and still suggests a larger selling wave to below 160-. We may see another flagging corrective day, but any corrections should struggle to rally over 18330*. Tight congestion will setup for selloff attempts to 15950-. A close over 19305* is needed to kick off a secondary bull drive.

COCOA
ST Trend
Obj: MARCH FUTURE RESISTANCES SUPPORTS 2910.00 LEVEL1 2970.00 2933.00 TRP: LEVEL2 2993.00* 2910.00

Up
2993.00 LEVEL3 3002.00 2909.00

Comment: The drop off late last week signals a short term turnover and warns for selloffs to test down along 2910-. A close under 2900 could open up a larger selling wave. Any corrections will likely remain

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

trapped to sideways congestion under last Thursdays gap. A close over 2993* is needed to rekindle bull trend forces.

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

COTTON
ST Trend
Obj: MARCH FUTURE RESISTANCES SUPPORTS 89.64 LEVEL1 93.30+ 91.05 TRP: LEVEL2 94.86* 90.00 Down 94.86 LEVEL3 97.35 89.64*

Comment: The reversal with yesterdays extreme range, signals a negative flip in the short term trend and calls for pressured trade to test a key 8964* support. A close under 8964* marks a multi-week peaking turn and should foster selloffs to 8600-. Suspect a fight to bounce off 9000-8964* on the first test to lift trade into sideways consolidation for several days. A close over 9486* is needed to rekindle bull trend forces.

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

Forex | CURRENCIES

EURO
ST Trend
Obj: DECEMBER FUTURE RESISTANCES SUPPORTS 1.3666 LEVEL1 1.3814 1.3760 TRP: LEVEL2 1.3882* 1.3747 Sdwys/Down 1.3882 LEVEL3 1.3930+ 1.3666*

Comment : Last weeks break still signals a bear turnover and potential for selloffs to 13666*. We may see additional sideways flagging days, but only a close back over 13882* rekindles bull trend forces. Most likely sideways congestion will setup for a bear leg selloff to 13666* before we see a turn into a sustained recovery phase.

B POUND
ST Trend
Obj: DECEMBER FUTURE RESISTANCES SUPPORTS 1.6440 LEVEL1 1.6591 1.6440 TRP: LEVEL2 1.6600 1.5356Sdwys/Up 1.6672 LEVEL3 1.6672* -

Comment: The market remains in a bear trend with potential for declines to 16440. Sustained action under 166- will likely roll trade back to bearish trending action. A close back under 16499 should release a bear leg to 16440-. Corrective rebounds will need to power back through congestion and close over 16672* to trigger a reversing turn back to higher prices..

J YEN
ST Trend
Obj: DECEMBER FUTURE RESISTANCES SUPPORTS None LEVEL1 0.9847 0.9668 TRP: LEVEL2 0.9893 0.9734*

Down
0.9734 LEVEL3 0.9920 0.9697

Comment: The market is hanging in the middle of recent congestion, but has a slight bull bias based on congestion holding off the balance point between bull / bear forces at 9734*. A close under 9734* signals for a selloff below 9680-. Further basing over 9734* could start rallies, but a close over 9893+ is needed

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

to project a drive over 100+.

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

AUSSIE$
ST Trend Obj: DECEMBER FUTURE RESISTANCES SUPPORTS 0.9362 LEVEL1 0.9210 0.9138 TRP: LEVEL2 0.9280 0.9075Down 0.8968 LEVEL3 0.9362+ 0.8968*

Comment: The market shows a bottoming upturn, signaling for rallies to 9200+ as well as potential for a run to 9362. Any corrective dips should hold along the upper edges of recent congestion at 9075to keep a friendly alignment. Likely any 2-3 day congestion off 9075 will bull flag. Only a close under 8968* marks a reversing turnover.

CANADIAN$
ST Trend Obj: DECEMBER FUTURE RESISTANCES SUPPORTS None LEVEL1 0.9006* 0.8957 TRP: LEVEL2 0.9050 0.8912 Sdwys/Down 0.9006 LEVEL3 0.9111 0.8875

Comment: Overall the market is bearish and retains potential for selloffs to 8750-8710. However, we need to see a drop off through 8875 to recapture bear trend forces. Trade has climbed up against the 9006* resistance and balance point between bull / bear trend forces. A close over 9006* will signal a reversal to bottoming trade and suggest rally attempts to push past 9100+.

SWISS FRANC
ST Trend
Obj: DECEMBER FUTURE RESISTANCES SUPPORTS None LEVEL1 1.1375 1.1278 TRP: LEVEL2 1.1381 1.1269

Sdwys
1.1321 LEVEL3 1.1418* 1.1219

Comment: The market has turned the trend down and drop out from congestion of the past few days should send a break below 11240-. A close under 11215 is bearish. Any corrective congestion that remains under Tuesdays range high will remain in a negative alignment. A pop over 11388 is needed to run trade to attack 11418* and attempt a new bull advance.
Disclaimer: This Report Is only for General Information. Opinions/Estimates Contained Herein is Subject to Change
without Notice. The Data/Information Herein Provided Is Believed to Be Reliable But Does Not Warrant for Its Accuracy/Completeness. We are Not Liable for Any Action Taken by Any Party Based on the above Information. This

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

Material Is Not Intended As An Offer Or Solicitation for the Purchase or Sale of Any Financial Instrument.

Please do not print this report unless it is absolutely necessary. Save a tree.

Date: 27/03/2014

www.sevenstarfx.com

Vous aimerez peut-être aussi