Gold is approaching a key event – the Swiss referendum of 30 November. George Davis, Chief FIC Technical Analyst at RBC Capital Markets, looks at the possible outcomes.
EUR/USD will focus on the 1.2000 zone going into 2015, according to independent research company 4CAST.
No OPEC meeting has ever marked a major low in crude oil prices, says Walter Zimmermann, Senior Technical Analyst at United-ICAP, who thinks that crude can continue to fall for some weeks or months to come.
The short- to medium-term upside is limited for most US and European equity markets, with many indices approaching key resistance levels, according to BNP Paribas.
Peter Lee, Chief Technical Strategist at UBS in New York, looks at the relative performance of US, Japanese, Emerging Market and European equities.
A daily close above resistance at 1.1350 is required in order to end the correction in USD/CAD, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
While justifiable concerns for US equities exist, Ari Wald, Technical Analyst at Oppenheimer believes that the positive evidence is more convincing and he recommends staying long the S&P 500.
The recent gains in the S&P may not be sustainable in the medium-term, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
Walter Zimmermann, Senior Technical Analyst at United-ICAP, gives his weekly technical assessment for the major commodity markets plus also the USD, EUR, S&P and the Ten Year T-Note.
Investors in Japanese equities should take note of the warning from the Net Margin Debt figure, according to Riccardo Ronco, Head of Technical Analysis at Aviate Global in London.