Upside risks if EURUSD tests 2013 high
George Davis, chief technical analyst at RBC Capital Markets, has said that a close of EUR/USD above this year’s high of 1.3829 opens the way for a move to the October 2011 high at 1.4245.
2013
CQG release new mobile product
CQG has launched CQG M, a mobile application that allows users to access market data and execute trades via their mobile phone. CQG says the new product uses HTML5 mobile technology that allows users to access CQG data on tablets and phones.
Coal bottoming out
Walter Zimmermann of ICAP says that despite unexciting price action for coal over the past year or so, a large head and shoulders bottom pattern may now be forming. This will target coal at the 71.50 to 72.00 range as long as the neckline is breached decisively.
Q4 outlook for commodities
Wang Tao, technical market analyst for commodities at Reuters Singapore, gives his comprehensive commodities outlook for the fourth quarter of 2013. His market coverage includes oil, base and precious metals, and agriculturals.
Brent crude in middle of larger correction
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Hope for US fixed income bulls
Clive Lambert, analyst at FuturesTechs, writes that because the recent decline in the 10-year US Treasury Note was on very low volume, this suggests a move back to beyond 128 which also coincides with a major Fibonacci level.
Tracking trend reversals in the S&P
Walter Zimmermann, chief technical analyst at ICAP US, discusses how a divergence between price and momentum indicators has produced a sell signal in the S&P500.
The pain in Spain
Paul Desmond, head of research at Lowry Research, explains how evidence of significance weakness in Spanish stocks signals further weakness for the IBEX.
Significant downward threat to S&P500
Peter Lee of UBS Wealth in New York explains why the recent corrections in the S&P500 and Nikkei may have further to go. With US stocks showing a long-term topping pattern, the worst case scenario points towards a decline back to 2009 lows.
Global Equity Perspective
Michael Sacchitello, chief technical analyst at Stone and McCarthy Research Associates, gives his outlook for global stocks including US, UK, Japan, Europe and emerging markets.