Author: Mark Sturdy

The Euribor chart has had a nasty lurch down…but the recent sell-off in Euribor that has seen the two month old range break, isn’t so much a market view on the ECB tightening interest rates, but a reflection of...

The FX Specialist view – Earlier in June the Daily EUR/USD chart had shown signs of bear fatigue, although subsequent action proved muted on the upside. However, Thursday’s strength re-focuses attention on nearby...

The Commodity Specialist view – Until recently the 2010 price action in ICE Coffee was relatively uninteresting, with bears looking a real threat. However, the recent surge upwards has brought the chart to life, with the...

Wheat Tries To Find Support Once More – Wheat is again trying to find support, with the 2009 low having held the latest slide. We are currently waiting to see if certain bull triggers can be activated. WHEAT MONTHLY CHART...

The FX Specialist view – An initial recovery off long term 76.4% support in USD/CAD has been followed by a deep setback, which has just found support from a shorter term 76.4% level. Bulls waiting in the wings now need...

The Commodity Specialist view – A few weeks ago we looked at Sugar’s test of a long term 76.4% pullback level. So far it has held nicely, and initial bull signs have started to appear… SUGAR #11 (ICE) WEEKLY...

The FX Trader’s view – The EUR/JPY cross has remained weak, but the trend looks to have slowed on the approach to a long term 76.4% retracement level. There are initial, though inconclusive, signs of bear fatigue and...

The Commodity Specialist view – We had recently been looking at potential resistance in Copper, from a long term 76.4% level. This was forthcoming and the subsequent slip back has now reached interesting technical support,...