The US dollar against the Singapore dollar is on the verge of completing a bullish continuation pattern, says Sejul Gokal at Go-Technikal Insight.
Wednesdays move higher for EURGBP saw the completion of a 50% retracement of the entire 2017/18 fall setting the stage for further gains, say David Sneddon and his team at Credit Suisse.
US stocks can be expected to continue to rally to new highs as internal breadth points to further strength, says Ari Wald at Oppenheimer.
The US trade war means that commodity markets are no longer behaving typically as an homogeneous group but have decoupled, says Robin Griffiths at The ECU Group.
Further new highs can be expected for the S&P500 in the coming weeks although it remains to be seen how sustained these will prove to be, says Ari Wald at Oppenheimer.
Despite the continued bullish outlook for the S&P500, the second half of the month has proved more challenging for the index this year, says Frank Cappelleri of Instinet.
Commodity indices have turned down after reaching recent tops, exacerbated by a stronger dollar, say analysts at Credit Suisse.
Trading equities using news sentiment produced positive returns in 41 out of 49 studies in a new study by Ravenpack.
The S&P 500 has broken above the key 2800-2802 level paving the way for a resumption of the bull trend, according to David Sneddon and his team at Credit Suisse.
The weakness in commodities, brought about by global trade tensions, has been a positive for the US dollar resulting in its bullish long-term trend reversal, says George Davis, Chief FIC Technical Analyst at RBC Capital Markets.