The Commodity Specialist view – The long term picture in Silver still looks very bullish, but shorter term the chart structure could be changing, with certain signs of bull fatigue starting to appear. At this stage these...
Read MoreThe FX Specialist view – The downtrend in USD/JPY from the May high came close to the major 1995 low in early Nov, where support has emerged. After rebounding shorter term bull signs have been seen, and we expect further...
Read MoreThe long Bull Run in bonds that tracked the financial crisis/recession increasingly looks over. Earlier this year when growth started to return to the developed economies, Government Bond markets remained well supported, but not...
Read MoreThe Commodity Specialist view – The overall chart structure in Gold has remained firm, with consolidation at the higher levels occurring. However, we stay on the alert for early signs of bull fatigue with overhead...
Read MoreThe FX Specialist view – After reaching a high for the year in May USD/CHF slipped steadily back, piercing the major 2008 low in Oct. Subsequent recovery has been relatively modest so far, and key resistance is currently...
Read MoreThe change of sentiment at the ECB has allowed ECB President Trichet the freedom to warn the markets that the ECB could start buying Bonds in size and the mere prospect has lowered Bond yields of Portugal and Spain and seen...
Read MoreThe Commodity Specialist view – Earlier this year the slip back in Crude Oil price was supported by the 38.2% retracement, with bears unable to make further headway. The subsequent recovery still looks sound, with the May...
Read MoreThe Dax has been outperforming the other Western markets in a striking way over the last few months. Its reaction to the recent wobble arising from Euroland and Korea further has underlined the differences still further…...
Read MoreThe FX Specialist view – We last looked at EUR/CHF when bears seemed fully in control, but subsequent action has suggested that that tide is on the wane, with the first positive indication recently seen. The current...
Read MoreThe Commodity Specialist view – This year’s recovery in Sugar has been dramatic, recently exceeding the early 2010 high. However, the ensuing sharp correction has sidelined bulls for now, with the risk of further...
Read More
