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.
..Last week's strong demand for USDMXN confirmed the underlying tone that has marked this currency pair since April - taking prices to the top of an increasingly positive Keltner channel for the first time since June.April's bullish move out of an 8 week consolidation range led to gains of almost 9%. The move clearly above the 21... read more
..Bearish signals were given in EURCAD in February. Firstly with a negative cross in RSI through it's moving average, with this trigger then confirmed by a corresponding 'dead' cross in the spot price. This move resulted in a sharp decline in April that confirmed the view and yielded the year's lows. But there was a lack of... read more
3cAnalysis Performance figures for August 2016Below is a summary of the success of our daily calls throughout August 2016. These are broken down into an overview of percentage of directional success.The focus of the market in August was the aftermath of the Brexit vote and some of the majors were sidelined by that. But FX Majors and... read more
It wasn’t long ago that the British Olympic team (Team GB) was a firm “also ran” when it came to bringing home medals. At the Rio Olympics, however, they were remarkably successful, thanks largely to a concerted focus on the performance development of British sports talent. What lessons are there for the trading and investment industry... read more
...I wrote on these pages a few weeks ago that AUDNZD was testing, and likely to break, a key Marabuzo line.At the time, as you can see from the chart below, that line, 1.0503, held on a weekly closing basis. This led to a firm bounce which saw the 21 week average tested (our definition of trend... read more
