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Feb 03 2012

3rd FEB - USD/CHF Slip Back Nearing First Supports

Recovery in USD/CHF from the Aug-11 low has been decisive, recently encountering resistance on the longer term chart. A pullback is currently in process, approaching first interesting support levels.

Feb 03 2012

2ND FEB - Dollar Euro is it a sell?

On balance we judge a correction has occured NOT A REVERSAL and the Dollar remains bullish.

 

Both technically and fundamentally...

Feb 02 2012

02nd FEB - Carbon Emissions Enjoy Modest Recovery

EUA Carbon Emissions prices have been falling back since last May's peak. Following a modest recovery off an early Jan low attention is on a key resistance area that could provide a portal to a better recovery phase.

Jan 27 2012

27th JAN - Cable remains delicately poised

Despite the recent rally from the 13th January the medium term situation remains pregnant with bear possibilities for Sterling - with successive critical levles beneath the market

Jan 26 2012

76.4% Support in USD/JPY Prompts s/term Recovery

After the Oct-10 low the USD/JPY settled into consolidation mode, finding interesting support from a short term 76.4% level. We continue to await a break from the current range.

Jan 26 2012

Crude Oil Holding Below Key Resistance

The latest upleg in Brent Crude, from a December low, broke initial resistance and put earlier bears on a cautious footing. The market has so far held below a key 76.4% retracement level and we wait to see if this will break or not.

Jan 20 2012

EUR/USD Bouncing Off 76.4% Support

2011 weakness in EUR/USD continued into 2012, recently testing interesting supports. These are so far holding and a temporary rebound is now in process.

Jan 19 2012

Key Resistance Area in CRB Index

Last year's slide back in the CRB Index found support at a key level, which was subsequently retested and held. There are now two key resistances that need overcoming before a recovery phase can be assumed underway.

Previous updates
Nov 11 2011

Oil's strength

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