Training

Events

Awards

Winners Announced

Awardsmain
The Technical Analyst announced the winners and runners-up of the 2014 awards at its annual awards dinner that took place on April 24 at the Le Meridien Piccadilly Hotel, London W1.

Latest Research and Commentary

Bloomberg-Stats

VIX warning for US stocks but uptrend intact

The lowest level of the VIX in 7 years signals a possible warning for US stocks as the index continues to climb. The Bloomberg Technical Strategies Q3 Core Asset Allocation Reviews also looks at all asset classes with proprietary indicators and in-depth sentiment analysis.
euro-currency

Wedge breakout a major sell signal for EUR/USD

The downward breakout from a rising wedge pattern is a major sell signal for the EUR versus USD, says Walter Zimmermann at United-ICAP. Also, scenarios for US stocks and T-bonds as possible reaction to Putin affects sentiment.
inhouse

GBP/USD and FTSE may struggle for further gains

Levels above 1.7000 may prove hard to sustain for Cable in Q3 according to analysts at 4CAST. A further short-term rally followed by a downward correction is most likely, targeting the 1.6500 area. The FTSE may see limited gains but 7000 is a significant resistance level even if the all-time high of 6951 is breached.
SP-500

Stocks outlook bullish but EUR heading lower

The outlook for the major stock markets remains bullish but the euro is set for further losses, according to Maxime Viemont at BNP Paribas. This is because the S&P and the major European indices remain within their upward bullish channels. The euro is now targeting 1.2750 and below.
Prev Pause Next

Equities

US equities still in ‘bubble territory’

ronwilliam
Ron William, principal market strategist at RW Market Advisory, appearing on IG Index TV discusses how the US equities market remains in bubble territory and how August to October will be a key timing window should the market exhaust.

FTSE future bullish despite resistance at 6861

FTSE-index-stock-prices-006
The long-term uptrend of the FTSE future remains intact, gaining further strength after this month’s rally off support at 6669.5, writes Andy Dodd at Louis Capital Markets. However, strong resistance remains in place at 6861.5, a significant barrier to gains beyond this level.

Fixed Income

COT report suggests no top in 10 year T-bonds.

BFevent
Sentiment measured by the Commitment of Traders Report suggests that a major top (yield low) in the 10-Yr Treasury is not on the cards. says Mike Sacchitello at Stone & McCarthy. This is because there is no significant contrarian signal of an extreme in the large speculators less commercial hedgers.

Strategies and Techniques

FX

Ichimoku shows USD strength vs EUR & GBP

Ichimoku
Ichimoku (cloud) chart analysis shows the US dollar index continuing to gain strength following the low touched at the beginning of July, says David Linton at Updata. Gains against the euro and GBP should be expected although for Cable, a move below 1.6730 is needed for the longer-term rally to end.

USDINR continues to meet resistance at 60.40

rupee
The dollar continues in failing to make gains versus the India Rupee meeting resistance at the 60.40, a Fibonacci retracement level, says Chris Williams at Soc Gen. Along with a weak RSI reading this, he says, provides a good selling opportunity with a target of 58.23 over the coming months.

Commodities & Energy

Gold to move to $1100 before rally

silver-gold-171
A triangle breakout will bring a downward move to $1100 for gold before a countertrend rally is seen, says Tarun Dang at Trendwise. A decline will also form a 5th wave of an Elliott Wave pattern thereby reinforcing the conviction of a possible downward break.

Software & Technology

Updata connects to Trading Technologies

Updata
Updata has added Trading Technologies’ direct execution to its charting and technical analysis platform. With direct access to Trading Technologies, Updata users can now deal straight from charts and set trading alerts off backtested strategies.