Technical Analysis DayTradeIdeas
Daily Technical Analysis is provided by Jason Sen of Day Trade Ideas, who has been day trading since the late 1980’s. Jason has been a contributor of Traders Summit since the beginning. He primarily focuses on providing technical analysis of the financial markets, including stock chart patterns, Forex and Metals setups, and other useful technical analysis.
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Bearish Signals: GBPUSD Analysis Reveals Potential for Significant Fall
EURUSD Strong resistance at 1.0830/40 & 1.0880/1.0900.
GBPUSD strong resistance at 1.2680/1.2700 today – shorts need stops above 1.2720. NZDCAD resistance at 8080/8100 & shorts need stops above 8100
Targets: 8050 & 8025.
Gold is holding resistance at 1920/23 but shorts need stops above 1928.
Today’s signals sheet:
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Jason Sen, Director