Author: Mark Sturdy

The FX Trader’s view – The expected recovery in the US Dollar is now nicely underway. With a second upleg in process our focus is on the next target/resistance area, where the uptrend is likely to pause. MONTHLY...

The Commodity Specialist view – After deep losses in the CRB Index in 2008, 2009 was marked by a recovery attempt – and to date it has fallen short of the 38.2% retracement. This has been accompanied by certain bear...

We are currently in the middle of the US Q4 earnings reporting season, which hasn’t gone too badly. But equities are not moving higher, instead they are suffering a correction lower. Why? The Technical Trader’s...

The FX Trader’s view – We alerted readers to the bearish possibilities in EUR/USD in our 10th December Update, when further confirmation was still needed. There have since been some encouraging developments, and the...

The Commodity Specialist view – The impressive 2009 recovery in Silver began to show signs of maturing in the latter part of the year, with price action in Dec giving a hint of bear fatigue. We remain content with the...

Over the last two weeks the Gilt (with other bond markets) has managed a steady recovery away from the lows. Retracement or reversal? The Macro Trader’s view We started the New Year bearish of bonds as we judged the global...

The FX Trader’s view – The downmove in 2009 culminated in an acceleration in November, below prior 87.11 Dec-08/Jan-09 lows, which seemed to justify a bearish stance. However, an equally rapid recovery led us to...

The Commodity Specialist view – The recovery in Copper that started in late 2008 continued through 2009 without much reaction to the downside. The upmove has finally reached the 76.4% recovery area of the major losses seen...

The FX Trader’s view – During 2009 the technical interest in the EUR/CHF cross steadily waned, as price action remained confined in a relatively narrow range. One or two preliminary bull signs soon evaporated; and...