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.
This year’s gradual gains have reached a key point but 3cAnalysis signals show no sign of anything other than temporary and limited setbacks.The latter part of 2014, and the bulk of last year, was dominated by a declining NZDUSD. This was a move that was marked by a hugging of the lower end of a falling... read more
I was recently questioned on a short-term chart that I drew that showed bearish triggers being given by moving average crossovers on the spot price, RSI, Momentum and DMI Diff.The client had seen and used RSI and Momentum (nearly everyone has tried those indictors at some point) but wasn't aware of the usefulness of DMI Diff... read more
. EURCHF - Sentiment turning BearishFor 6 weeks EURCHF has fluctuated around the key 21 week moving average without clearly breaking to the downside, on a closing basis, or attracting any significant renewal of buying interest.But last week's decline resulted in a clear break below that point for the first time since last July. More importantly... read more
Where does demand take Bunds next?For a change we'll take a look at the direction for sentiment in Bunds from a yield persective. As you can see from the chart this year has been dominated by a decline in rates with this week's movement taking prices below February's low. The strength of this negative trend can... read more
Crude - Sellers return at 62% pointThis year's trading has been dominated by a reaction to negative technical divergence that resulted in a Double Bottom and a rally of almost $16.Crude was bought to higher levels for 6 weeks in a row and recovered 62% of the October - January/February deterioration. But that level has capped... read more
