Please find attached the requested US Dollar update
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Cryptocurrency Report – 10 Mar 2025
Please find attached the periodic crypto currency report.
Note: ETH has exceeded our bearish targets.
Whilst we do appreciate the concept of limited cryptographic supply, the demand side that should focus on intrinsic value is very vague in the crypto world.
The fear of not bottoming in a bear trend like in Ethereum’s case is therefore exacerbated.
USD/ZAR Update – 06 Mar 2025
Please find an interim Rand update. As requested.
JSE TOP 40 Index Note – 04 Nov 2024
The expected and current market consolidation seems to be forming a bullish continuation pattern.
This phase is most probably building a base for further gains, as part of the larger bull trend.
Weekly Rand Report – 04 Nov 2024
Please find attached the weekly USD/ZAR report.
Brent: The bigger Picture – 31 Oct 2024
Please find attached the preferred medium and long term outlook on Brent.
US Dollar: The Bigger Picture – 30 Oct 2024
Our longer- term bearish stance on the Greenback remains valid and is ongoing.
Recent gains have, however indicated that the 18-month-old consolidation phase remains in force, effectively postponing the larger bearish potential.
The long-term monthly analysis confirms the respective weekly views.
The US presidential election and upcoming FOMC meeting could result in volatility, but this report does not take any fundamental drivers in consideration as a purely technical outlook.
Users can overlay and include their own perceptions and analyses.
JSE TOP 40 Index: The Bigger Picture – 29 Oct 2024
Please find attached the monthly, long term JSE TOP 40 index update.
Cryptocurrencies- The Bigger Picture – 28 Oct 2024
Bitcoin and Ethereum’s technical pictures continue to diverge.
While BTC is consolidating as part of a cyclical bull trend, the long-term outlook for ETH remains more muted with volatile moves within a wide triangular trading range.
The main goal of long-term analysis is to portray possible large trends as the primary driver of returns and profits.
It is not a trading or timing input but can be used confirm the medium- and shorter-term views.
Rand Monthly Report – 28 Oct 2024
Please find attached the month-end Rand report where we examine the local currency against the major global counterparts.
US Dollar Weekly Report – 22 Oct 2024
While the longer- term bearish outlook on the US currency remains valid, medium- and short-term outcomes were adjusted since last week’s report.
The alternative outcome of consolidating market action was validated by extended short term appreciation beyond pivotal levels.
Further medium - term range trading has postponed the still relevant and eventual bear trend to new lows.
JSE Top 40 Note – 22 Oct 2024
The JSE TOPI Index update.
Cryptocurrency Weekly Report – 21 Oct 2024
The medium-term bullish outlook on Bitcoin could be materializing as the market breaks above initial key resistance.
Interim overbought conditions are likely to result in a corrective phase, but this would remain part of the larger bullish bias, if pivotal support holds.
The expected bull trend should complete the cyclical upside that started at circa $ 16 000.
Ethereum remains less certain. The general view of a medium-term bottom, however, seems to be materializing.
Rand Weekly Report – 21 Oct 2024
The USD/ZAR medium- and short- term expectations remain in line with recent market moves.
We expect volatile range trading within medium term parameters for the rest of the year.
The occurrence of a rare running correction with extended bullish consequences remains possible,
but is not the preferred outcome. We will keep a close watch as price action develops and clarifies the situation over time.
US Dollar Report – 16 Oct 2024
The US Dollar Report for the 16th of October 2024.