Soybean (ZS) Testing Daily Chart Descending Wedge Resistance

The GBPAUD soared roughly 100 pips in today's Asia morning, and is now bumping up against descendin.....»»

Corn (ZC) is edging higher in today's Asia morning, nearing downchannel resistance (on the 4hr chart). Significantly, ZC is bumping up against the daily chart triangle resistance, and testing descending wedge resistance (on the weekly chart)......»»

The Nasdaq100 (NQ) is sliding almost 1% today going into the European morning, breaking below upchannel support (on the 4hr chart). Significantly, NQ is being rejected at upchannel resistance (on the daily and weekly charts)......»»

The VIX (VX)'s spot index surged more than 14% yesterday, breaking above a roughly 3 month descending wedge resistance (on the daily chart), and offsetting/invalidating the generic bear signal from the lower June low versus the.....»»

Corn (ZC) is rebounding to start the week following the 2 day slide going into the WASDE Friday. Significantly, ZC is trying to bounce off downchannel support (on the daily chart), descending wedge support (on the 4hr chart) and the 2018 low......»»

The AUDJPY is firming in today's Asia morning (following slight profittaking Friday) and testing downchannel resistance (on the daily and weekly chart). Despite havin.....»»

Arabica Coffee (KC) surged almost 3% yesterday, breaking out of 6 days of c.....»»

The Nikkei225 (NK) is edging lower going into today's European morning, and appears vulnerable to sliding further this week after having been rejected by ascending wedge resistance (on the daily chart) last week. The Eurostoxx 50 (FESX) along with t.....»»

Cocoa (CC) edged lower yesterday 2 weeks into its consolidation, and is nearing the end of a triangle (on the 4hr chart). Significantly, CC is readying to retest downchannel resistance (on the daily and weekly chart)......»»

Soybean (ZS) edged hig.....»»

The EURUSD rallied about 100 pips yesterday at one point, but .....»»

Cocoa (CC) bounced almost 2% Friday, piercing at one point above the 38.2% Fib retrace of the May to September fall. As CC nears ascending wedge resistance (on the 4hr chart), CC will likely have limited upside for today......»»

EURUSD slid roughly 175 pips at one point yesterday after getting rejected at the psychologically key 1.15.....»»

WTI Crude (CL) is forming a 7th straight green daily candle, and is vulnerable t.....»»

The EURUSD surged roughly 100 pips yesterday, breaking above the December and November highs. Significantly, the EURUSD has decisively pierced the psychologically key 1.15 whole figure level and descending wedge resistance (on the weekly chart)......»»

Soybean (ZS) bounced roughly 1% Friday, closing at triangle resistance (on the 4hr chart). Given the WASDE originally scheduled for Jan 11 has been postponed due to the on.....»»

The AUDUSD soared roughly 100 pips yesterday leading into and following the highly anticipated FOMC. The AUDUSD launch from former triangle resistance (on the daily chart) punctured above ascending triangle resistance (on the 4hr chart)......»»

Silver 1 OZ 999 NY (XAG=X) solid technical resistance at $15.31 May silver futures bears have the overall near-term technical advantage. Prices are in a seven-week-old downtrend on the daily bar chart. Silver bulls’.....»»

Gold 1 OZ (XAU=X) solid technical resistance at $1,330.00 Technically, April gold futures bulls have the overall near-term technical advantage. A three-week-old uptrend is in place on the daily bar chart. Gold bulls’ next upside near.....»»

Natural Gas (NG) tacked on another more than 1% yesterday as it rebounded for a 2nd day, continuing within an upchannel (on the 4hr chart) and consolidating last week's break above triangle resistance (on the daily chart). The bigger picture.....»»