EURCHF is looking bullish in the medium-term having found support from the confluence of two key levels, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
A short-term top has completed for the Bloomberg Dollar Index and if EURUSD can now break above 1.1500 it can go on to target 1.1644, according to David Sneddon, Pascal Zingg and James Gilbert at Credit Suisse in London.
Ron William, director at RW Advisory, gives his medium- and long-term outlook for cryptocurrencies.
After a ‘rampant’ rally since early October the Bloomberg NZD Index looks ready to enter a corrective phase, says Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
A close above the neckline of a potential inverted head-and-shoulders pattern would confirm a medium-term low for EURUSD, says Tony Sycamore, Director of Australia-based TECHFX TRADERS.
David Sneddon and James Gilbert at Credit Suisse in London remain bullish on the USD after the Bloomberg Dollar Index (BBDXY*) surges higher and holds neckline support from its large head-and-shoulders base.
GBP/USD is poised to return to the upper end of its Brexit trading range, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
The close correlation between Gold and the Chinese Yuan has broken and this has triggered a bullish breakout for XAU/CNH, says Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
A rally in the Bloomberg US dollar Index has left it in a position to remove pivotal resistance and begin a sustained phase of strength, according to David Sneddon and James Gilbert at Credit Suisse in London.
Emerging market currencies have formed a base and look ready to trend higher, according to David Sneddon and James Gilbert at Credit Suisse in London.