3cAnalysis

An early setback for Bund Futures on Thursday proved more limited than expected before demand reasserted. The resulting upside kept Bunds near the top of a rising Keltner channel, supported by...

Trading in EUR/GBP was muted yesterday. Price action was contained within a range similar to the preceding day with the downside stalling at the bottom of the daily Ichimoku Cloud but without...

After 4 days of consolidation in USDJPY and little net movement, levels above 104.00 attracted more significant selling interest yesterday. Negative divergence is being seen in strength indicators...

The market was unable to build upon Tuesday’s renewal of selling interest yesterday. Instead, reacting to oversold extremes, some profit taking developed. These gains were not extensive but...

The market opened with a positive gap higher yesterday from Friday’s close. The upside was extended modestly with these gains building upon the demand seen over the last 2 weeks and breaking a...

Yesterday was the 2nd consecutive day with little net movement. Prices remain comfortably above the 100 day moving average but lack the momentum to trade through the Marabuzo line drawn August 13th....

Against a background of bearish signals for sentiment for this week, selling pressure remains the main feature of EUR/USD trading. Yesterday's decline, primarily in Asia, produced a 5th down day from...

Asian trading yesterday began the week with some powerful gains that took GBP/JPY to 3 week highs, through the 100 day avg and to a test of the 50 day line. Those gains were firmly rejected however...

The decline from July's peak continues. A 7th down week in a row was posted last week - the first time for 6 years and 62% of the rise from this year's low has been corrected. The last 3 trading days...

Direction for sentiment on EURGBP changed for a 4th consecutive day yesterday. But more importantly the Marabuzo line created 13th August continued to prove it’s relevance as Wed’s...

This week's decline deepened yesterday. A 3rd down day in a row took EURUSD to the most negative levels traded for 11 months and to the bottom of a now declining Keltner channel.The scope of the move...

Bullish signals for USDJPY on the week and in each of the last 2 days have been confirmed, investors buying the market yesterday to post a 3rd strong up-day in a row and for a gain of almost 1 Big Fig...

Positive sentiment is what we believe dominates the background.From a medium term perspective the weekly Bullish Morning Star pattern completed 3 weeks ago is the key feature with profit taking...

Investors sold the rally on Tuesday from close to the 100 day average rate, for sentiment to close with a loss of 20 pips on the day. A trend of higher daily lows has been ended, which is negative for...

A daily Hammer at August’s 9 month low for the EURJPY left last week’s signals pointing cautiously higher. These were confirmed with a gain of just over ¾ Big Fig. Although signals...

This week’s signals for GBPCHF are bearish, but a recovery from close to the 100 day average rate has been expected and this is occurring, Monday’s trading opening on a bullish gap and...