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.
....I wrote back in late April how buying interest was dominating the background to NZDUSD.To be honest the market has been less than convincing since that point as consolidation has set in near a key 50% correction point to the April-September 2015 decline. But;the profit taking corrections from that point have been limited.the latest pullback has found... read more
I have written before on these pages of the negative sentiment that has dominated CHFJPY for a year now. This trend has been highlighted by a 'hugging' of the lower band of a falling weekly Keltner channel, by the capping of rallies by the mid-point of that channel, more clearly by the 21 week moving average and... read more
Project Fear - Implications of Brexit... a guest article.by Jeremy RaybouldPrivate Equity and Alternative Investments Specialist/Investor Relations and Equity Fund Distribution. Partner at Lancea LLP Brexit and Binary: when it is or when it isn't - or neither?The UK's EU referendum is, on the face of it, a binary event: either yes or no. Either of the 50:50... read more
...Is a Bearish Falling Three pattern on weekly candle charts developing?Last week's strong decline of more than a point ending a sequence of 3 weeks posting minor gains. This upside countered the strong fall that preceded it and forms the first candle in the potential 5 candle Bearish Falling Three.This move was enough, coupled with a... read more
...Yesterday I wrote about USDTRY and the positive break through moving averages in both spot and RSI.A very similar chart, and conclusion, can be found looking at EURAUD on a weekly time perspective. A break through the 21 week moving average by spot EURAUD was seen 2 weeks ago, and also in RSI.Those bullish triggers were... read more