Our early morning Signals reports service is now up and running. This morning’s highest conviction call was a sell in GBPUSD at 1.6060, a trade which is yet to be triggered as early price action was a sell off to … Continue reading
Our clients will be well aware that we have been getting increasingly bearish of Silver in recent days. Let’s have a look at what has prompted this shift in sentiment. “Bigger picture” charts have a major Fibonacci resistance at 35.16. This … Continue reading
This morning’s analysis for EURGBP suggested a buy at 8070 with a stop at 8044. Since we put that out pre 8am (UK time) the market has tested and held this level on a number of occasions. A buy trade … Continue reading
Our Natural Gas commentary from this morning highlighted a developing pattern that suggests yesterday’s gains presented a selling opportunity. Here’s a snippet from our report: I’ve added a line to today’s chart which is slightly tentative but may be confirmed … Continue reading
I have been on CNBC this morning talking about the outlook for the FTSE and Eurostoxx after a big week last week.The link for the interview is on our “Media” page here. The crux of the comment was that the … Continue reading
It was interesting stuff as the bulls had a look at the August high before turning tail and letting this drift back a level. The high was exactly at 2849 (we had suggested thinking in terms of a 2842 – … Continue reading
A few days back we said: “Dips are being bought, the bulls are in charge, and we’re not going to be caught batting against such a solid trend. Oh no!” The market is in a rampant mood now, and put … Continue reading
We’ve been asking 1131.50 to do a job as support and in the main it’s obliged. The couple of times we haven’t held this level, yesterday being one, we’ve got down to 1127 before bouncing neatly. We get the hint. … Continue reading
After a strong session on Thursday that saw us back into positive territory we had a weak day on Friday, but we held above the 130.67 level that has now become our reference point to stay with the bulls. So … Continue reading
The bears had the better of things yesterday as we sold off from 1134.50 to 1117.50 in European trade. When the day session kicked into life we caught a bid for a while, trading up to 1132.25 before a Shooting … Continue reading