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.
Our Trend Table medium term view for EURHUF changed from Neutral to Bearish 3 weeks ago as the 21 week moving average was broken, confirmed by EURHUF RSI indicators moving below their moving average.This confirmed an end to the broad range trading that had dominated the second half of 2015 - this trendlessness was also reflected... read more
Self-Awareness and Understanding your Risk Personality, Why it Matters for your Trading and Investment Success. by Steven GoldsteinIn my work as a performance coach working with traders, I find far too many traders and risk professionals lacking adequate levels of self-awareness. They have huge knowledge about 'the enemy', their market, however they suffer a dearth of... read more
...Negative RSI signals in July last year were confirmed with a 'dead' cross of the AUDNZD spot through the 21 week moving average in Septmber.That bearish tone resulted in 2 downside attempts culminating ( in October & December) in lows near a 62% correction to the April - June improvement.November's bounce lacked the momentum to turn... read more
...3cA signals for Crude Oil have been bearish on our Trend Table page for some time. However there are some early signs that sentiment may continue to improve since January's 13 year low at 26.19. Last week's rally has formed a bullish Hammer and this week's gains have ended a sequence of lower weekly highs. Along... read more
A bearish trend was confirmed in CHFJPY last August when the spot price closed below the 21 week moving average - RSI had broken it's relevant moving average 3 weeks before. Since that time the cross has deteriorated by almost 11 big figures with the key moving average only threatened on two occasions (Aug & Dec) but... read more