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  • Squawk / 08 July 2015 at 14:42 GMT
    Partner at 3 C ANALYSIS / 3cAnalysis
    United Kingdom
    Crunch time for EURTRY?
    This year so far has been dominated by a steady rise in EURTRY. This has reached more than 52 big figures from low to high. But we now believe that this trend of higher lows and higher highs is under threat and that EURTRY is approaching Crunch Time.
    This is because the latest decline from June's 3.1285 top has extended to lower levels on each of the last 4 weeks - taking the cross to an important 38% retracement point and also close to the 21 week moving average that has defined the trend since February.
    Importantly also RSI which has reflected demand since January has breached it's own moving average. This has potential negative connotations - although a break of this week's low (and 38% point) in next weeks trading will be needed as confirmation.
    With demand attracted at the 38% point in the last couple of days, the jury is out on which way this cross will turn but we're watching this closely and so, we feel, should you.
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  • Article / 02 March 2015 at 10:30 GMT

    Daily Shot: Death by a thousand cuts? Team / Saxo Bank
    China has cut its benchmark interest rate for the second time this year as low growth and deflationary pressures hit the economy. The US, on the other hand, appears to be growing closer to a rate hike, but any timing errors from the Fed could put a real damper on equity markets.
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  • Article / 25 February 2015 at 10:30 GMT

    Daily Shot: A US housing crisis is brewing Team / Saxo Bank
    Daily Shot: A US housing crisis is brewing
    US house price appreciation continues to trend significantly above wage growth - which has been around 2%, indicating that homes are becoming increasingly unaffordable for a large portion of the population. With rents also rising faster than wages and new construction remaining subdued, lack of affordable housing may become a serious issue for the US in years to come.
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    donal truman donal truman
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