3cAnalysis

The counter trend rally in EUR/GBP from Monday’s 20 month lows has been a limited one. In fact yesterday's highs, above .8000, were not maintained and prices closed for minimal net movement....

Against a background of bullish signals for GBP/JPY on the week, but with daily sentiment overstretched near May’s 173.55 high, Tuesday’s forecast was for a temporary profit taking...

Recent consolidation in bunds was further emphasised by yesterday's unchanged close. The price range was narrow with initial highs and subsequent lows rejected. The market remains above the 13 day...

Although the overall view for some time has been bullish of FTSE 100 and to buy dips, signals in each of the last 3 days of last week have pointed to a temporary profit taking sell-off. These have...

4 weeks of consolidation in EUR/GBP ended sharply last week. Selling interest below the key 13 day moving average accelerated as the week progressed and net losses of more than 130-pips were the most...

The Marabuzo line created on May 28th continues to show its relevance as a pivot point. Initially resistance it is now supporting CABLE with yesterday's demand regaining most of the preceding days...

The end to a sequence of higher daily lows turned Wednesday’s signals for EUROSTOXX to bearish. These were confirmed with losses of 32 Pts on the day, the worst trading day for sentiment since...

The market has conflicting signals. EUR/GBP remains capped by the 13 day moving average that has held the topside for almost 2 months but yesterday's downside stalled, and reversed at the same levels...

Tuesday’s bearish signals have been confirmed, investors selling GBP/JPY for a loss of almost 1 Big Fig. A long sequence of higher daily lows has been ended, though prices are trading in between...

Last week's demand stalled over the last 2 days of trading and this loss of upside impetus has now translated into selling in Asia this morning. This decline in GBP/JPY is not deep enough to clearly...

Similarly to Friday there was limited net movement in CABLE yesterday. In fact price action was contained within a narrower range – above the Ichimoku Cloud and 13 day moving average but without...

Q2 signals to buy FTSE 100 on the open and on a dip to 6445.5 have been confirmed, with sentiment posting a new 14 year high in May at 6880.0. Despite daily sentiment being much overstretched, last...

Last week's price action was totally dominated by Thursday’s exceptional movement while the rest of the week saw lacklustre trading. But after trading to the most negative levels for 18 months...

This week’s signals for DAX have continued to point higher, but with futures trading at record highs and close to the psychological 10000, the call is a cautious one, allowing room to buy dips....

Virtually all of Q2’s bullish targets for GBP/CHF have been met, as gains of 5 Big Figs since April’s low have taken sentiment to within 6 pips of January’s 18 month high at 1.5126....

The fluctuation around the 200 day moving average ended yesterday. The underlying negative tone – highlighted by both the 13 day avg and the Keltner channel – translated into increasingly...