3cAnalysis

GBP/USDDemand for CABLE continued yesterday with a 3rd up day in a row resulting. This kept the currency pair ‘hugging’ the upper end of a positively trending Keltner channel. The highs...

GBP/USDTuesday’s gradual gains accelerated yesterday. The most positive levels since 2009 were posted and CABLE moved to the top of a bullishly trending Keltner channel. Intraday sentiment is...

EUR/GBPAlthough EUR/GBP traded to our 1st upside target yesterday, gains above the 13 day moving average proved limited. The resulting reversal of sentiment proved the relevance of that average, on a...

GBP/USDDemand for GBP/USD saw our forecast for this week turn positive with prices reaching the most bullish levels since 2009. However, those highs, like Asian lows, were not held. For a 2nd day in...

EUR/USDLast week's report highlighted a lack of clear signals for EUR/USD, with the upside stalled but a Marabuzo line protecting the downside. This proved to be correct as, for a 2nd week in a row,...

EUR/GBPA sequence of 7 lower highs was broken be EUR/GBP yesterday as profit taking developed at oversold extremes. The resulting gains were the most aggressive since the first day of the month and...

GBP/USDAfter 3 days of indecisive trading that showed a lack of clear direction, yesterday saw buying interest return to CABLE. This improvement took the market back to the top of the Keltner channel...

EUR/USDAgainst unclear signals for sentiment in EUR/USD for this week, and with muted trading, yesterday saw some selling interest develop. This move lower was enough to take EUR/USD through the 13...

GBP/USDAlthough the bulk of yesterday's trading saw GBP/USD consolidate after Tuesday’s strong gains, late buying interest confirmed the underlying tone. This move kept prices...

GBP/USDOur bullish call on GBP/USD yesterday was confirmed as Monday’s improvement not only continued, but accelerated. This created a bullish weekly outlook, reached the first target and took...

GBP/USDYesterday saw a reaction to last week's GBP/USD decline. A sequence of four down days ended as some buying interest was renewed. Although Friday’s losses were reversed, the upside was not...

EUR/USDOur EUR/USD Sell Rally level last week was virtually the top of the 5 days of trading. More importantly, the failure, and renewal of selling interest, emphasised the importance of the 13 day...

EUR/GBPIn line with our bearish call on EUR/GBP, yesterday saw the top of the daily Ichimoku Cloud and the 13/100 day averages cap EURGBP. Net downside was limited – unable to reverse half of...

GBP/USDA sequence of six up days ended yesterday as profit taking developed at overbought extremes. Net losses were modest but enough to reverse Friday’s entire net upside with the market...

GBP/JPYThis week’s bullish signals are so far being confirmed, investors buying GBP/JPY on Monday to post a sixth up-day in a row and a gain of just over 1 Big Fig on the day. The buying has...

EUR/GBPA sequence of 3 up weeks ended as, in line with our bearish call, the failure at the base of the weekly Ichimoku Cloud translated into a renewal of selling. Initial upside failed to retest the...