Author: Mark Sturdy

As in the EUR/USD (Update 12/05/11) the EUR/GBP cross recently displayed a key reversal week, which implied at least a temporary halt in the 2011 uptrend. This week’s violation of key support now suggests a weakening in...

Over recent weeks Government Bond markets have staged a strong rally, at a time when traders and investors have become increasingly concerned about the Euro zone Sovereign debt crisis and the US budget deficit. Why is that? And...

The 2011 downleg in the US Dollar Index recently violated the 2009 low but has held above the more major 2008 low, finding support on the long term chart and producing an initial reversal sign too. WEEKLY CHART Current support...

The upmove in Gold recently stalled after reaching interesting resistance on the longer term chart. An initial reversal indication calls for shorter term bulls to be cautious now. WEEKLY CHART -CONTINUATION Our last Gold Update...

This year’s uptrend recently neared a 76.4% recovery level, but a sell-off last week has stopped bulls in their tracks for now, with current risk of further losses shorter term. WEEKLY CHART A warning to the bulls appeared...

In recent issues of the Commodity Specialist Guide we had been noting possible bull fatigue in Brent Crude Oil. A sharp sell-off found temporary support from a 38.2% pullback level, but failure here would herald a more prolonged...

Since May last year the USD/CAD chart has been drifting lower, eventually breaking support from a 76.4% retracement level. In the FX Specialist Guide we have been keeping an eye on certain Fibo projections, which have now been...

In our last Copper Update (16thFeb) Copper was in the process of testing long term resistance. The market has drifted back since then, with key support coming under scrutiny. WEEKLY CHART -CONTINUATION The upmove earlier found...

The Euro has emerged over recent weeks as one of the strongest of the major currencies and this has been felt particularly acutely against Sterling. This time last year the Euro zone was engulfed in the early stages of the...

Price swings in the GBP/JPY cross in 2010 continued into 2011. Following a deep shake-out in March the subsequent recovery has been decisive, providing a good bull signal. WEEKLY CHART The latest recovery here has now tested...