Squawk /
11 October 2018 at 5:47 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
USDCHF - Cautiously Bearish & Sell .9900 Rally. Stop .9935
The neutral range set in yesterday's report was unthreatened as the consolidation in USDCHF stretched to a 5th day in a row. That price action came against a background of a rising Keltner channel – although that channel is beginning to flatten - and above a Marabuzo line created on Oct 3rd. However the upside stalling has been translated into a more significant decline in Asia, and although an early positive reaction is probable, the immediate bias is now negative.
We lok to Sell at .9870 and .9900
Stop is .9935 bid
Targets - .9840, .9819 or even .9790
Closes - 4pm London time
Read the Squawk
Squawk /
09 October 2018 at 5:35 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
EURUSD - Temporarily Bullish & Buy 1.1470 Dip. Stop 1.1439, Tuesday
In line with this week's bearish outlook, selling pressure around last Wednesday’s Marabuzo line proved important. Selling interest was renewed Monday with the decline yielding our first downside target and new 7 week lows. But although net losses were posted, there was a significant profit taking bounce from the day’s base that is enough to give intraday bullish bias.
So we look to Buy in 1.1490/95 area and at 1.1470
The stop is 1.1439 offered
Targets - 1.1524, 1.1549 or even 1.1569
Closes 4pm London time
Read the Squawk
Squawk /
05 October 2018 at 5:43 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
GBPUSD - Temporary rebound to extend.
Like in EURUSD an Asian extension of Wednesday’s deterioration proved temporary. Europe attracted profit taking and CABLE steadily improved during the bulk of the rest of the day. The bounce here was more pronounced and although not strong enough to test the 13 day line, a close near the highs mean intraday signals for sentiment are bullish.
We look to Buy at 1.3005 and 1.2981
Targets 1.3039 and 1.3060
Stop 1.2941 offered
Closes 1pm London time
Read the Squawk
Squawk /
28 September 2018 at 5:42 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
GBPJPY - Supported by Key Average, gains to extend
Wednesday’s decline deepened initially yesterday – on the back of JPY strength like in AUDJPY. But levels below the 200 day average, and near the 13 day line attracted fresh buyers. The resulting rally meant that GBPJPY closed with only minor net movement – indecisive price action. But although that fact, coupled with stalling at the 200 day line, adds a note of caution, the downside rejection is expected to impact on price action.
We look to Buy at 148.50 and 148.16
Stop is 147.59 offered
Targets; 148.82, 149.22 or even 149.73
Closing 4pm London time
Read the Squawk
Squawk /
17 August 2018 at 5:46 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
GBPUSD - Weak rally points Lower
Thursday’s report highlighted a lack of clear direction for sentiment. That proved valid as price action was limited in range and net movement. Wednesday’s 14 month low was not retested but a profit taking attempt was limited and the highs not held. Taken in the context of a hugging of the lower end of a negative Keltner channel, we look for further downside.
Sell in 1.2725/30 area and any 1.2755 rally.
Stop is 1.2791 bid.
Targets 1.2698, 1.2662 or even 1.2629
Closes 4pm London time
Read the Squawk
Squawk /
16 August 2018 at 5:41 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
EURGBP - Bounce above key average to extend higher
For a 3rd day in a row EURGBP probed below the 13 day mvg avg. For a 3rd day prices below that point found buyers. Price action was more subdued than the last 4 days – in fact, all trading was contained by the previous day’s range. This price action does not create strong signals for sentiment going into Thursday but the downside failure, an end to a sequence of 4 down days and further demand in Asia means intraday sentiment is positive.
We look to Buy at .8950 and .8932
Stop is .8901 offered
Targets .8967, .8987 or even .9005
Closing 4pm London time
Read the Squawk
Video /
15 August 2018 at 14:37 GMT
Kim Cramer Larsson
Areas covered in this webinar by Saxo Bank technical analyst Kim Cramer Larsson include EURUSD, USDJPY, GBPUSD, EURGBP, gold, silver, S&P 500, the Nasdaq, the Dax, the FTSE and the Dow Jones.
watch video
Squawk /
15 August 2018 at 5:40 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
USDCAD - Negative reversal through key average
Tuesday’s report highlighted underlying positive sentiment but a lack of a buy signal. That proved justified as our Buy at 1.3073 was virtually the low of the day. USDCAD still found further selling at the end of the day in a move that took prices to test the 13 day line. That important point was only marginally breached but, despite minor gains in Asia, is enough to leave our intraday technical studies negative.
We look to Sell in 1.3075/80 area and at 1.3105
Stop is 1.3137 bid
Targets, 1.3040, 1.3020 and 1.3000
Closing 4pm London time
Read the Squawk
Squawk /
14 August 2018 at 5:37 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
EURUSD, Tracking Keltner channel lower
In line with this week's bearish call, early price action Monday saw EURUSD sold to the most negative point for 13 months. But the lows were not entirely maintained as some profit taking developed at oversold extremes. The rally was a weak one and a 3rd down day in a row was posted. Further rally attempts cannot be ruled out but sentiment is assessed as negative.
We look to Sell in 1.1405/10 area and at 1.1433
The stop is 1.1468 bid
Targets - 1.1365, 1.1334 or even 1.1312
Closing 4pm London time
Read the Squawk
if it shorts then it will be big one