GBP/USD Daily

 GBP/USD   Daily
14::35 GMT - Look above 1.6770 this am. has been sent back at some     speed this pm. to/ through the am. pivot 1.6735. Pull below 1.6720    now weakens the market- suggests a top reversal is trading (into 1.66/ next week.)

Trading the futures markets

 Learning to trade the futures markets can be a tough task.Traders need to learn what reports to follow and what chart indicators they need to use.traders need to investagate which ones to follow and research them.Look for future markets that you have interest in and read all you can before you start trading them. There are some futures that are less costly and using a screaner will help you find them. Research the fundamentals and what time of year there is more movement for a particulat futurs contract. Weather and other market conditions can effect the movement.Take the grain markets they react to the planting season, the yields, the weather.The same is true for beef,sugar,orange juice and so on.

Stock and Futures Market Trading Help

EUR/JPY

EUR/JPY is still not able to break free from the 50-day   MA/100-day MA zone right now. At this point, the upside is still      capped at the 140.87/141.25 zone. We do not see any new break clues to suggest that this mkt will fly through that    upper zone. There is risk of another pullback, but that would also be contained for now near the 100-day MA at 139.04.

AUD/USD trade

AUD/USD over the past few months, but that's starting to change.
For much of February it ranged between 0.8870, the 50% retracement of the January-February rise, and 0.9078/89, the 38% retracement of the October-to-January bear trade and the January failure high. Bullish trending conditions are already in place, reflected by the MACD being above its zero line and what looks like a 'higher high' this week, above the January low.

Traders should focus is now on momentum tools, which are threatening to cross higher again within the bullish trend. A close above 0.8975 would cause us to recommend a new long, looking to take out 0.9078/89 to rise as far as 0.9330, which is just below the 62% retracement level of 0.9338, with a stop initially at 0.8865, the retracement support.

Canadian dollar

 The Canadian dollar slumps in recent trading, pushing the currency back into negative territory for the day against the US dollar. Some analysts speculate the loonie will become sensitive to a possible election being called in Quebec, which is currently governed by the separatist Parti Quebecois. But for now, Velocity Trade's Jasmin Valade attributes the moves to flow-driven trading ahead the Bank of Canada policy announcement Wednesday. The central bank is expected to maintain its dovish stance.

Treasury accounts

After swinging back and forth between net-long and net-short positions since the start of the year, JPMorgan's active Treasury clients came out dead even in the latest weekly survey. With the 23% pro-Treasury accounts offsetting the 23% anti-Treasury accounts, those neutral on the market remained dominant at 54%. Such a divided stance reflects how uncertain the near-term forecast is, since most still believe yields will rise later this year. Weather-impacted data threaten to pause Fed tapering, while concerns about Ukraine spur flights to safety, hurting the mountain of short bets stacked up against Treasurys when 2014 started.

EUR/CHF

EUR/CHF has been under pressure this year, testing the lower limits of its broad sideways range. While this initially gave way on Monday, the current sharp recovery hightlights not only a rejection of the lower limits of the channel, but also a bullish Piercing Line Candlestick reversal pattern, if Friday's close is above last week's open/close mid-point at 1.2161.
Confirmation of the reversal pattern would be outright bullish and open the way to a test of the 1.2398 January failure high in the coming weeks, and even 1.2652, the May 2013 high, further out.
Traders will recommend a long position for a 2m to 3m horizon on a close Friday above 1.2161, targeting 1.2390, with a stop at 1.2020, below the November 2012 rally point. A short-term reversal may also be developing on the daily chart, adding to EUR/CHF bullishness.