3cAnalysis

Although prices consolidated beneath the 13 day moving average, the bulk of yesterday's losses in GBPUSD were regained into the close. This profit taking from oversold extremes was not extensive...

A Hammer at last week’s base has left this week’s signals for FTSE 100 sentiment pointing temporarily higher. However, as a near 350 Pt rally since last week’s 13 month low had left...

Initial, modest, gains were seen in EURGBP yesterday but the underlying bearish tone soon reasserted. The resulting net decline was not extensive but it was the 5th down day in a row and sustained...

Following Monday’s indecision, the break of the 100 day average rate turned yesterday’s signals for GBPCHF to bullish. These were confirmed with sentiment posting a 3rd higher daily high...

Against a background of bearish sentiment for this week generated by a Bearish Shooting Star on weekly candle charts, Monday’s indecisive ‘Inside’ day was followed by a renewal of...

EURUSD was sold at lower levels for a thirs day in a row yesterday. However this decline remains limited with the setback unable to sustain levels below the Marabuzo line created by last...

GBPJPY sentiment has been improving since Wednesday’s 7 month low at 168.02. However, although Monday’s trading has posted a 3rd higher daily low and high in a row, investors are likely to...

All of last week’s bearish targets for GBPCHF were met, sentiment posting a 2nd lower weekly high & low in a row and an initial losses of 4 Big Figs. However, the analysis also highlighted...

A 2nd negative weekly performance in a row last week emphasised the stalling of upside demand. Selling pressure dominated the beginning and middle of the week with intervening profit taking weak.With...

All of this week’s bearish targets for GBPJPY have been met with losses of 4 Big Figs and Thursday’s signals continued to point lower. These too were confirmed, investors selling the cross...

The market failed to extend Wed’s strong gains yesterday. Instead, in volatile trading, profit taking was attempted but while the downside was extensive it was not maintained below Wed’s...

The last 5 days of trading in EURUSD has fluctuated around the key 13 day moving average. A lack of more significant profit taking from this month’s low or a clear renewal of selling pressure...

Bearish signals for USDJPY on the week have been confirmed, Tuesday’s trading posting a 7th lower daily high in a row, though with downside momentum stalling for sentiment to close little...

Although this week’s signals for FTSE have continued to point lower, with daily and weekly signals much oversold, the outlook is to also sell rallies. A near 50 Pt bearish gap open on Monday has...

Early demand for sterling was not maintained yesterday. This upside stalled ahead of the 13 day moving average and all upside was reversed into a virtually unchanged close. The resulting...

The end to a sequence of higher weekly lows following October’s 3 ½ year high at 1.5537 turned last week’s signals for GBPCHF to bearish. These were confirmed with an overall loss...