USD strength threatens EM
Emerging markets are under threat from a strengthening US dollar, according to Riccardo Ronco, Head of Technical Analysis at Aviate Global.
October 2014
Dips bought!
Last week saw massive equity inflows of USD 20.4bn, the largest in over a year, says Michael Hartnett, Chief Investment Strategist at BofA Merrill Lynch Global Research, providing bullish evidence that the dips are being bought.
EURUSD: Further to fall
Confirmation of a head and shoulders continuation pattern suggests EURUSD will extend its move downwards, according to Steve Jarvis, Chief Technical Analyst, at Tradermade.
S&P: Long-term uptrend intact
S&P remains in a long-term uptrend despite being tested in a pullback a couple of weeks ago, says Andy Dodd, Head of Technical Research at Louis Capital Markets.
Gold to spike above $2000
A major bottom is forming in gold and offers a good opportunity to buy at current levels before moving back to record highs, according to Ron William of RW Advisory.
RavenPack data for BattleFin contestants
RavenPack will provide their news analytics data to contestants in the Elite division of BattleFin’s eighth Tournament.
Still no sign of life for commodities
An ominous development is occurring in the DJUBS Commodity Index, according to Walter Zimmermann, Senior Technical Analyst at United-ICAP.
Buy S&P 500 on dips
Whilst oversold indicators support a short-term rally, Ari Wald, Technical Analyst at Oppenheimer says that if internal breadth fails to confirm the next S&P 500 high, volatility will continue in the medium-term.
1964-84 replay for US equities
Peter Lee, Chief Technical Strategist at UBS in New York, asks where US equities are in terms of the key economic cycles and models of investor behaviour.
Dead cat bounce for gasoline futures
There has been nothing in the recent gasoline futures price action to suggest bottoming action, says Walter Zimmermann, Senior Technical Analyst at United-ICAP, leaving “serious room open to the downside”.