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Jul 30 2010
Is the S&P a bull rally or a correction? IG 
Jul 29 2010
Initial Bull Signs in EUR/JPY Now in Place 
The decline in values in EUR/JPY earlier in 2010 slowed on the approach to a long term 76.4% support level. This did indeed halt the downmove, and now initial bull signals on the Daily chart are in place. What next...?
Jul 29 2010
Short Term Gold Losses Confirm Bear Scenario 
In our last Gold Update we had noted that there was a weakness creeping into the chart structures that put us on the alert for a bear attack. Latest developments have confirmed our suspicions.
Jul 23 2010
Irrepressible Eurodollars 
Short term interest rates in the US have been at virtually zero for a considerable period of time, as the US economy experienced one of its most difficult periods for decades, but combined with a sizeable fiscal stimulus, the patient had shown encouraging signs of recovery during the early months of 2010.
Jul 21 2010
Another 76.4% Level Looms in USD/CHF 
Since early June a relatively unbroken fall in USD/CHF has been seen, from a 76.4% resistance/recovery level. This has now neared a 76.4% pullback level and signs are creeping in of some bear fatigue...
Jul 21 2010
Silver Closing in on Key Support 
An earlier recovery in Silver this year peaked in May, with subsequent price action turning consolidative. The market is now not far from key support, and focus is currently very much on this.
Jul 16 2010
Cable perks up: can it be sustained? 
The Pound suffered a steep sell-off against both the Euro and the Dollar during
the financial crisis/recession as the UK's public finances deteriorated at a
faster pace than other developed economies.
But a change of government
in the UK with a focus on cutting the budget deficit, mainly through public
spending cuts has put a floor under the currency, especially against the Dollar.
Can Cable continue to go better?
Jul 15 2010
Fresh Support in EUR/CHF Now Visible 
So far in 2010 the bears in EUR/CHF have been the clear dominant force. Any support found has proved fleeting. Recently a temporary halt in downtrend was seen, so it is appropriate to take stock of the technical position.