The FX Trader’s view – Bulls are on the alert after a recent potential reversal signal on the Weekly chart. But so far not enough has been done on the downside to fully persuade the bears, and the jury is still out,...
Read MoreThe Commodity Specialist view – An impressive rally from a September low point has halted medium term bears in their tracks. And in the process an interesting reversal signal has been seen on the longer term continuation...
Read MoreGold rallied hard on Tuesday and again on Wednesday, after India announced it had purchased $6.9B worth of Gold Bullion from the IMF, approximately half of the IMF’s annual sales. But why does it matter whether or not...
Read MoreIn the event, Q3 GDP (released today) came in better than expected. Is this number of itself sufficient to re-establish the Bull trend? Probably not. But it does provide a floor to stocks and a cap on the Dollar’s recent...
Read MoreFrom June this year US, UK and European bond markets have lacked any bear impetus. Any medium and long-term structures that have developed are far from completion and markets are locked in trading ranges … The US, UK and...
Read MoreThe Commodity Specialist view – S/term strength in Brent Crude Oil has put former bears firmly on the sidelines, with new 2009 highs recently seen. Any pullbacks are now likely to be temporary ahead of further upside...
Read MoreThe FX Trader’s view – After nearing an interesting Fibo projection earlier this year the GBP/CHF cross rate recovery came to a halt. Subsequent weakness has been quite deep but we have just seen a potentially...
Read MoreThe Commodity Specialist view – The 2009 bull run ran out of steam in August, with price action turning consolidative. After an initial negative sign the bears have been reluctant to follow through, but downside risk stays...
Read MoreThe FX Trader’s view – The recent downtrend in USD/JPY has been trying to find support above the prior lows of Dec-08/Jan-09. It looks as though a s/term recovery signal has now been given, and it is now time to look...
Read MoreThe S&P has enjoyed a sustained rally since March and although there have been periodic corrections driven by doubts over the durability of the fledgling recovery, traders have on each occasion overcome their anxiety and the...
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