Commentary

A guest article byTor VollaløkkenCentral bankers are generally not too happy about sticking their heads out and talking about what the future will bring. They are economists used to study facts and figures, and while their jobs are very much about making assumptions and forecasting several elements about how the future will look like in terms... read more

This week's powerful move to new all-time USDTRY highs above 3.1000 looks incomplete. Prices are now tracking the upper band of a rising weekly Keltner channel and although volatility is likely to remain a constant there is no sign yet of significant exhaustion.Our Trend Table call turned positive in April after an aggressive bounce from this... read more

....The underlying trend in NZDUSD has been positive throughout this year but is now being questioned by the market.Strength indicators (RSI) became bullish more than a year ago and have proved more resilient than the spot price where the trend was threatened strongly in January, and less so in May (RSI did give a minor downside... read more

3cAnalysis Performance figures for September 2016Below is a summary of the success of our daily calls throughout September 2016. These are broken down into an overview of percentage of directional success.The focus of the market remains, to a great degree, sterling. The aftermath of the Brexit vote is a key element to trading and is likely to... read more

..CADJPY remains in a negative trend but this week's firm rejection of 4 year lows is asking some questions of the cross.The 21 week moving average capped CADJPY during May and early June and it was a negative move of the RSI beneath it's moving average that confirmed a bearish tone for the cross in mid-June.... read more