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.
EURUSD - Bullish Rising Three dominatesThis week's report on EURUSD is a bullish one. This is due, in part, to;3 Up weeks in succession5 Week HighsTracking the upper band of a positive Keltner channelSupport of the 13 day moving average.But the other key feature to note is the Bullish Rising Three pattern that was completed by... read more
NOKSEK - Rally capped by key average.I have written a number of times on the deteriorating NOKSEK since a negative trigger was given last June with a move through the 21 week displaced moving average.Targets have been consistently met as the cross followed the lower end of the weekly Keltner channel lower. The strength of the... read more
For the ECB, it is easier to get therewith the use of two legsA guest article by Tor Vollaløkken from EURUSD InsiderLeading up to last week’s ECB monetary policy meeting we argued that for the ECB to get inflation closer to the objective, the ECB would need to see EURUSD below 0.95. We just used the... read more
Using RSI to trade EURUSDI've written about RSI on these pages before and many of you will already be using RSI in a number of different manners to aid your trading. I want to cover a rare, though not unique, method and am applying it to EURUSD on a daily time scale.What we're looking at here... read more
..Are buyers now getting on top in AUDNZD?The last 6 months have seen this cross in a very broad consolidation, oscillating around the important 21 week moving average. The downside has been constrained by a 62% correction point to the 14 big figure rise posting between April and June last year.Importantly the lows near that point,... read more
