Natural Gas closed lower on Tuesday. The low-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are bearish hinting that a double top with April's high might be forming. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted. If it renews the rally off May's low, April's high crossing is the next upside target.

Natural Gas closed lower on Tuesday. The low-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are bearish hinting that a double top with April's high might be forming. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted. If it renews the rally off May's low, April's high crossing is the next upside target.

GBP/USD closed lower on Tuesday. The low-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish hinting that a low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If June renews the decline off May's high, the reaction low crossing is the next downside target.

GBP/USD closed lower on Tuesday. The low-range close sets the stage for a steady to lower opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish hinting that a low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If June renews the decline off May's high, the reaction low crossing is the next downside target.

US Coffee CFD closed lower on Tuesday. The mid-range close set the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If it extends this month's decline, the 62% retracement level of this winter's rally crossing is the next downside target. Closes above the 20-day moving average crossing would confirm that a short-term low has been posted.

US Coffee CFD closed lower on Tuesday. The mid-range close set the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If it extends this month's decline, the 62% retracement level of this winter's rally crossing is the next downside target. Closes above the 20-day moving average crossing would confirm that a short-term low has been posted.

USD/YEN closed higher on Tuesday as it extends this week's rally. Tuesday's high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish with signaling that sideways to higher prices are possible near-term. If it extends this week's rally, May's high crossing is the next upside target. If it renews the decline off May's high, February's low crossing is the next downside target.

USD/YEN closed higher on Tuesday as it extends this week's rally. Tuesday's high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bullish with signaling that sideways to higher prices are possible near-term. If it extends this week's rally, May's high crossing is the next upside target. If it renews the decline off May's high, February's low crossing is the next downside target.

SILVER closed slightly higher on Tuesday. The mid-range close set the stage for a steady opening when Wednesday's night session begins trading. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near-term. If it extends last week's decline, weekly support crossing is the next downside target. Closes above the 20-day moving average crossing are needed to confirm that a low has been posted.

SILVER closed slightly higher on Tuesday. The mid-range close set the stage for a steady opening when Wednesday's night session begins trading. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near-term. If it extends last week's decline, weekly support crossing is the next downside target. Closes above the 20-day moving average crossing are needed to confirm that a low has been posted.

USD/CHF closed lower on Tuesday. The mid-range close sets the stage for a steady opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish hinting that a high might be in or is near. Closes below the 20-day moving average crossing would confirm that a short-term high has been posted. If it extends the rally off May's low, the 75% retracement level of the January-March-decline crossing is the next upside target.

USD/CHF closed lower on Tuesday. The mid-range close sets the stage for a steady opening when Wednesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish hinting that a high might be in or is near. Closes below the 20-day moving average crossing would confirm that a short-term high has been posted. If it extends the rally off May's low, the 75% retracement level of the January-March-decline crossing is the next upside target.

US OIL closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing are needed to confirm that a low has been posted. If it extends the decline off June's high, the 75% retracement level of the 2009-2011-rally crossing is the next downside target.

US OIL closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing are needed to confirm that a low has been posted. If it extends the decline off June's high, the 75% retracement level of the 2009-2011-rally crossing is the next downside target.

Natural Gas closed higher on Thursday. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bullish hinting that a short-term low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If June renews the decline off April's high, April's low crossing is the next downside target.

Natural Gas closed higher on Thursday. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bullish hinting that a short-term low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If June renews the decline off April's high, April's low crossing is the next downside target.

US 500 Index CFD closed lower on Tuesday. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near-term. If it extends this year's rally into uncharted territory, upside targets will be hard to project. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted.

US 500 Index CFD closed lower on Tuesday. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near-term. If it extends this year's rally into uncharted territory, upside targets will be hard to project. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted.

Natural Gas closed lower on Wednesday. The low-range close sets the stage for a steady to lower opening when Thursday's session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If it extends today's decline, July's low crossing is the next downside target. If it renews the rally off July's low, the 38% retracement level of the June-July decline crossing is the next upside target.

Natural Gas closed lower on Wednesday. The low-range close sets the stage for a steady to lower opening when Thursday's session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If it extends today's decline, July's low crossing is the next downside target. If it renews the rally off July's low, the 38% retracement level of the June-July decline crossing is the next upside target.

Pinterest
Search