A shooting star top on the weekly chart and a potential shooting star on the monthly chart look ominously bearish for the Euro, according to Walter Zimmermann, Senior Technical Analyst at United-ICAP.
Brent Crude prices are falling back and the $45 level looks like it will come under pressure, according to David Linton, Chief Executive at Updata.
There is no reason to be short the S&P 500 from here in the medium-term, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
Congestion has been building for the December 2015 10-Year US Treasury Note and James Dima, technical analyst at Marex Spectron, says an at the money straddle will be a good way to trade the eventual breakout.
Now that the S&P rally has achieved Oppenheimer’s target of 2060, their technical analyst Ari Wald asks what’s next.
The S&P 500 Retail Index has grown at three times the rate of the S&P 500, says Riccardo Ronco, Head of Technical Analysis at Aviate Global, who thinks there is good reason to hold the S&P 500 Retail ETF rather than SPY.
Elliott Wave theory suggests there will be one more leg up for the WTI-Brent crude spread, according to Walter Zimmermann, Senior Technical Analyst at United-ICAP.
Ryan Bertrand, Southampton and England footballer, has launched a new London-based brokerage that aims to bring artificial intelligence and machine learning strategies to the wider trading community.
German Power is under pressure and testing an important level, says David Linton, Chief Executive at Updata.
Peter Lee, Chief Technical Strategist at UBS in New York, gives his technical outlook for 71 large cap stocks.