Commentary
3c Analysis Commentary Page - Adding Value
On these pages we will expand upon some of our forecasts, talk about other moving markets from a technical analysis perspective, explain technical analysis tools from a practical perspective and include guest commentary from a variety of roles across the financial markets.
At the beginning of April spot USDZAR prices traded positively through the 21 week moving average. This move confirmed a similar bullish crossover in our RSI indicators.The market was unable to extend that improvement as, after gains of 46 big figures, sentiment was overbought. However, although the subsequent reaction took USDZAR back below the average line... read more
3cAnalysis Performance figures for April 2017Below is a summary of the success of our daily calls for April 2017. These are broken down into an overview of percentage of directional success. ... read more
...Trading in EURCHF has been volatile over the last 2 months. Our RSI signal made a positive cross of it's moving average at the end of February. This was confirmed by a spot move through it's own average the following week. Since then spot prices fell back below the 21 week line but that was not... read more
I wrote on these pages in early March that NOKSEK was testing a key average. That average broke on a closing basis - confirming an earlier moving average break in RSI and turning our medium term bias for NOKSEK to negative on our Trend Table.Prices moved lower, then rallied but the underlying bearish tone was confirmed... read more
Longer-term signals have been bullish of Gold so far this year.The sell-off since the all-time high in 2011 at 1921.5 has attracted buyers back to the market in 2015 and 2016 from close to 1087.5. a key 50% pullback to the entire 2001-2011 ten year bull-run.Updates on 23rd January and 10th Feb have continued to highlight... read more
