Trade Week Analysis for 04/08/14

Last week:  There were no TC signals in another choppy week marked by increased Geo-political tension across the Middle East and Russia/Ukraine region. Market jitters were further …
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US Stocks: some further warning bells

Fri 1st Aug There were significant losses across US stocks last night but I want to put these moves into greater perspective. There was a warning even before last night’s carnage …
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Large stops above 1.10500 in AUDNZD

AUDNZD Daily There are likely a number of large stops sitting above the 1:1 (White) that capped the market back on the 04/06/14. A solid break and close above this level will see t …
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28 July. Euro under pressure. More downside to come?

EUR/USD: 1.3428 Due to travel commitments, the daily outlook this week will be limited.The coming week is going to be a big one for data. It will be busy on most days but the focus …
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28 July: DXY looking healthy, with potential to accelerate higher.

USD/DXY: 81.15  As we said last Sunday, “the DXY could well head higher towards 81.15, beyond which would be a tough nut to crack.” It finished right on 81.15 though and the m …
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Trade Week Analysis for 28/07/14

Last week:  There was only one TC signals in another choppy week: U/J= -20. It was another rather choppy week marked by continued geo-political tension across the Middle East and …
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Aussie stocks carve out a bullish weekly close.

Sat 26th July Amid all of the global uncertainty over the last few weeks Aussie stocks have managed to carve out a significant bullish weekly close. Three key Aussie stock indice …
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Weak stops below 136.000 in EURJPY

EURJPY Daily The 1:1 (Yellow) that offered solid support for the bulls back on the 04/02/14 is now under threat with a number of weak stops likely sitting under 136.000. A break be …
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E/U and that break of the 1.35.

Wed 23rd July (9 pm) Much is being made of the E/U breaking down through the 1.35 level. This is certainly bearish and follows on from the break down through a weekly trend line su …
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