Thierry Laduguie

The FTSE managed to finish higher on Tuesday after better-than-expected trade data out of China saw money flow into mining sectors. Anglo American climbed by 4.7% and Rio Tinto rallied 4.2% as traders bet that the recent volatility in equities was overdone. Overall though, it was a positive session after last weeks near 3% drop. […]

Early this week stock markets resumed their declines after more evidence of a global slowdown emerged following the release of poor German industrial production. In September, markets had been unsettled by weak economic data, the latest news coming from Germany added to the bearish tone. The FTSE 100 is down 5.5% from its September high. […]

As I have explained many times in the past twelve months, the bull market of 2009-2014 is coming to an end.  I have written a number of articles on ADFVN about the impending reversal in global stock markets. Yes, I know there is a large proportion of bulls, I don’t have the exact number but […]

I often look at other types of traditional charting techniques, such as chart patterns, trendlines and support & resistance levels as a natural complement to my more advanced Elliot Wave analysis. In fact my daily reports include Key Levels of support & resistance as part of my premium service. Using technical analysis  can help traders […]

Our timing indicator 13-day BTI is still near the overbought level, a continuation of the rally in the FTSE 100 will push this indicator to overbought. Such a move would create a sell signal. A more ominous signal could be given by the second timing indicator, 34-day BTI. This indicator is approaching overbought too. This […]

Sentiment is still bullish and stock markets rallied further on positive news. Markets were lifted by strong US housing starts and building permits on Tuesday, and strong earnings from Dow component Home Depot. Investors are focusing on the economy and earnings instead of geopolitical concerns, however, the situation in Iraq and Ukraine is volatile and […]

The break lower in EUR/USD is now clearly in train and Euro bulls are no longer ignoring the fundamentals. Selling of this pair was encouraged during the day as the market was presented with uninspiring preliminary German inflation data combined with the first Q2 GDP growth reading out of the US, which easily topped expectations. […]

This week’s data calendar contains plenty of minor indicator updates from both the US and the Euro Zone, nothing however that contains the potential to alter the current direction of the EUR/USD pair. Market momentum has been persistently bearish since the single currency’s failed attempt to take out the key 1.37 level at the beginning […]

The key fundamental EUR/USD risk event of the week has passed without too much reaction from the currency pair. European Central Bank Chief, Mario Draghi, did express concern in a speech last night that the high value of the Euro was a drag on the Zone’s recovery, this is not the first time that he […]

My sentiment indicator remains bearish but the stock market is now near a bottom. On the chart below we can see a support line crossing 6615, according to basic technical analysis, there will be some support above that level. The decline accelerated yesterday after concerns emerged about the financial health of Portugal ‘s top listed […]