Commentary

Our Quarterly USDCAD view is a bullish one and is currently being driven by a weaker CAD across the board. That is reflected in positive moves last week in EURCAD and GBPCAD that confirmed a medium term bullish tone for these crosses.In EURCAD the spot price has been flirting with the 21 week displaced moving average... read more

A sharp move lower at the beginning of March in NOKSEK took the market below the 21 week displaced moving average and generated an outright bearish call. This move confirmed a 'dead' cross already provided in RSI. Prices then fell by more than 4 big figures  - correcting more than 62% of last year's rise - but... read more

Last week's strong move higher in USDTRY was the 3rd up week in a row - extending the rally from September's low for 2017. Our medium term signals had been bearish since April with the market falling by 16 big figures at the low. But the important aspect of last week's rise was confirmation of a... read more

What is That Really Makes Successful Traders? Welcome to Sensemaking.a guest article by Steven Goldstein,  Performance & Executive CoachWhat is it that really makes a successful trader?Scores of books, hundreds of journals, and reams of paper have been spent pondering this question. There are many different views, theories and ideas: Strong analytical abilities, high quality research, disciplined risk... read more

Last week's gains in GBPCAD were more modest than the previous week's upside but they were enough to confirm a change in investor sentiment to bullish.This is because this improvement took GBPCAD above the 21 week moving average for the first time in 3 months. Importantly that break confirmed a similar 'golden' cross of our RSI... read more