10-Year US Treasury Yield closes below major support of 2.30%

10-Year US Treasury Yield daily candlestick chart showing the break blow support of 2.30%.

Chart showing the 10-Year US Treasury Yield on a 9-month daily candlestick chart

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“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

Breakout for gold above 1260

I identified the shooting star candlestick in the chart. It indicates a yellow light for the uptrend. Caution is advised if you are trading the near-term uptrend.  There could be a test back to 1260 which would be normal. If you are trading the intermediate uptrend, I would hold the position unless there is a break below support around 1260.

Chart for gold showing the breakout above 1260 and the 200-day moving average.

Gold 7-Month Candlestick Chart

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“Technical Analysis is about putting the probabilities on your side.”

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2017 TradeOnline.ca

Near-term uptrend for Canadian dollar

But, the major trend is down and  the intermediate trend is down for the Canadian dollar

Canadian Dollar 8-Month Daily Chart

Canadian Dollar 8-Month Daily Chart

Reference the last chart analysis for the Canadian dollar when it was testing major support at $0.7400.

Market News: Canadian dollar notches six-week high as Bank of Canada turns less dovish

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“Technical Analysis is about putting the probabilities on your side.”

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2017 TradeOnline.ca

TSX Index holding above the 50-day moving average

Major trend is up, intermediate trend is up and near-term trend is up for the TSX Index

Weekly chart for the TSX Index with the moving averages.

Reference the last chart analysis for the TSX Index showing the percent of stocks above the 50-day moving average.

Market News: TSX falls; BlackBerry jumps to 1-year high on arbitration win

______________________________

“Technical Analysis is about putting the probabilities on your side.”

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2017 TradeOnline.ca

West Texas Intermediate will test major resistance at $55

Near-term uptrend for West Texas Intermediate. WTI will test major resistance at $55.

WTI 8-Month Daily Candlestick Chart

Reference my last post for West Texas Intermediate when it held support near $47.

______________________________

“Technical Analysis is about putting the probabilities on your side.”

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2017 TradeOnline.ca

10-Year US Treasury Yield at major support of 2.3%

10 year US treasury yield at major support around 2.3%

Reference the last chart for the US Treasury.

______________________________

“Technical Analysis is about putting the probabilities on your side.”
Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.
© 2017 TradeOnline.ca

 

 

Intermediate uptrend for gold with resistance at 1260

Gold daily chart showing the intermediate uptrend and resistance near 1260.

Gold 6-Month Daily Chart

Reference the last chart analysis for gold when it closed above resistance of 1220 back in February.

______________________________

“Technical Analysis is about putting the probabilities on your side.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2017 TradeOnline.ca

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