Author: Mark Sturdy

The Commodity Specialist view – After the late Dec high Gold turned consolidative, but subsequent correction proved short-lived. The current upleg from a late Jan low shows no immediate signs of tiring, but there are some...

The Commodity Specialist view – The powerful upmove in Cotton #2 hit a temporary high in March, coinciding with Fibonacci projections. After a period of consolidation attention is on a key support area, below which a...

The price action in Dollar/Euro over the last several weeks has been quite dramatic as the Dollar struggles under the weight of the yet-to-be-tamed budget deficit and the Euro finds support from the increasingly hawkish rhetoric...

The outlook for Sterling against the other major currencies seems more or less unchanged – except against the Euro. Surprisingly, the Euro has emerged as the strongest of the leading currencies. Although the Sovereign debt...

The FX Specialist view – Long term support in EUR/JPY remains around a 76.4% pullback level (recently retested), and a better recovery is still a prospect following the recent brief sell-off. MONTHLY CHART The 76.4%...

The Commodity Specialist view – A correction in Natural Gas prices earlier this year has kept bulls’ hopes in check. We currently wait to see if nearby key resistance levels can be breached, which would provide an...

The recent sell-off in the S&P and other leading equity markets in reaction to the earthquake/natural disaster in Japan and fighting in Libya, appears to have run its course, since the S&P has rejected the recent lows....

The FX Specialist view – After some of the dust has settled since last week’s sharp, brief sell-off some initial ideas have formulated. These might begin to excite the bulls, but it is too early to draw conclusions...

The Commodity Specialist view – The recent bull move in Cocoa (ICE) achieved a new multi-year high, but so far the higher levels have not been sustained. The subsequent pullback has now neared technical support which could...