Author: Mark Sturdy

Sterling Euro looks poised – for a further weakening of Sterling The Technical Trader’s view: MONTHLY CHART After the bull surge for the Euro from the completed Head and Shoulders Reversal the market has been...

The FX Trader’s view – The EUR/USD has continued to grind lower, reluctant to embark on any meaningful rebound phase. Earlier supports have given way but, now, the 61.8% pullback level has been neared, offering...

The Commodity Specialist view – A marked consolidation has been unfolding in the EUA (ICE ECX) contract, displaying a slow downward bias. So far bears have been unable to develop this more in their favour, but, now, they...

Greece has moved out of the spotlight after the Greek government received non-financial support from the EU/Euro zone leaders and pledged to enact a fiscal austerity package aimed at sharply reducing the budget deficit. Yet the...

The FX Trader’s view – After finding strong resistance last year GBP/USD has now started to break through 38.2% support, which was effective in Oct-09. Slightly lower support has emerged but s/term rallies should be...

The Commodity Specialist view – The second half of last year was marked by quite choppy action, with nevertheless a clear upward bias. Recently this succession of rising highs and lows was broken, establishing a bear trend...

The FX Trader’s view – After the 2009 decline clear support has been emerging from above the 1.0200 level. The signs are promising for the bulls, but they still require an extra effort before a base can be said to be...

The Commodity Specialist view – Another Key Reversal Week in Sugar has appeared, an earlier one seen in Sep-09, which marked a distinct pause in uptrend. Prospects for another pause/pullback phase are currently good, so we...

The Short Sterling futures market has been too bearish, expecting the Bank of England to begin raising interest rates both sooner and further than now appears the case. The Macro Trader’s view: The Short Sterling futures...