Here a new report from HSBC’s global research team. I like this report. Its not a technical report but it is a very thought provoking report. They nicely and properly include the bullion within their global fx view. Contrary to what Ben thought Gold is a currency class all by it self which HSBC appear …
Continue reading “HSBC GR GlobalFX (Inc Bullion) Tech 11th Oct 2013”
Here yet another report from the professionals on the UK with some accompanying FX forecasts. Summary Nordea: In spring the recovery was seen as the slowest in 100 years. Now, PMIs are the highest on record. In spring Governor Carney was the dove above doves. Now, he sees no need for more QE and is …
Commerz-WklyMacroEcon-11-10-13 Not a bad report covering the macro and outlining some key levels across the various asset markets. All the best Rich
Here the usual excellent observations from the wealth man team of CS in Zurich. CS-Wkly-WealthMan-11-10-13 Rich
Here a new regular report care of new vip. Many thanks to you know who you are. Comments to follow but as general comment, their report reflects the current total confusion in the market across the major pairs.. eg JPY, USD, EUR and GBP. JPM-FX-11-10-13 Rich
The usual excellent report from the SChartered private high net worth banking team. A mix of macro and tech across the major asset markets. SC-WklyMktview-11-10-13 rich
The usual good report from SC. SC-FXwkly-08-10-13
Commerz-Wklytech-Multimarket-10-10-13 Where they site technical weakness which has subsequently reversed read as technical strength and momentum! “From failed moves come fast moves” will pay you handsomely over the years. All the best Rich
The Swiss team’s technical report was released just as the price action was passing their key levels kicking off hedging actions for protection of longs. SOX, CYC consumer discretionary, OSX, Nasdaq Composite and the Russell-2000 have all broken last week’s pivotal reaction low. Of note the Russell really fell out of bed today as did …
Some good FX charts and trade comments recommendations from the French team. SG-FX-Wklytech-02-10-13 I continue to participate in the eurgbp pair. Its been long running one for me and i faded the recent two day strength into the closes of both sessions, thurs,frid. Near term participants have been wrong footed but nothing has changed in …
Continue reading “SG – FX Weekly Technical Analysis – 02-10-13”
As a general comment, the main US equity market indexes appear to be in a giant distribution since May. Higher highs have been achieved but at the cost of weaker and weaker technicals. Its not a hugely positive market in spite of higher prices being achieved. Europe has more momentum and price support for the …
Continue reading “Weekly Macro,Commodity & Econ Focus inc Japan & UK (CS, Epstein, WF, JP, etc)”
The Swiss team are sticking to their view that this is all part of the price distribution that marks out a top building period for the US indexes. The recent break of 1709 on the sp500 as well as the euro index strength were game changes for them and hence they have extended their call …
Continue reading “Weekly Technical Analysis – “S&P500 To Make Minor Low This Week””