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.
Why it's not easy to move EURUSD outside its 2-year range - A guest articleWith the exemption of a few short-lived spikes and dips, EURUSD has over the last 24 months kept the range 1.05-1.15 - a long stretch with remarkable little volatility for a currency pair that has had its fair share of challenges despite... read more
EURCAD has been dominated by the post election upside reversal that sent the cross back below the 21 week moving average and, just as importantly, sending the RSI indicator below it's own moving average. That renewal of negative momentum took EURCAD to 18 month lows in December before the market attempted to rally. But two subsequent rally... read more
A negative trend has dominated GBPCAD for more than a year. A bearish move below the 21 week moving average in January 2016 confirmed an earlier breach of the RSI moving average and that tone has been threatened occasionally, by moves back to the moving average, but unbroken since.In fact, GBPCAD fell by 22% to October's... read more
Copper is the only market we cover in the trend table and following a long period of bearish sentiment our signals switched to bullish in the weeks leading up to, and confirmed following the US Election in November.The other base metals have signalled a similar switch, buyers returning to the market in early 2016, well before... read more
A sharp setback in AUDNZD from the 21 week moving average 3 weeks ago appeared to confirm a negative bias- a tone that has been the prime element for the cross since last May. But although demand from higher lows initially stalled at the average last week saw demand of almost 2 big figures in AUDNZD after... read more
