A potential bullish head-and-shoulders reversal pattern is forming on Crude, says Andy Dodd, Head of Technical Research at Louis Capital Markets.
Ari Wald, Technical Analyst at Oppenheimer, has upgraded his recommendation for the Financial sector to ‘Market Weight’ and downgraded the Consumer Staples sector to ‘Underweight’.
GBPUSD remains vulnerable and there is little in the way of support until the 1985 low of 1.0520, says Tony Sycamore, Director Institutional Foreign Exchange at Commonwealth Bank of Australia.
Peter Lee, Chief Technical Strategist at UBS in New York, gives his technical outlook for 49 key US stocks.
A pullback is likely for the FTSE 100, says Andy Dodd, Head of Technical Research at Louis Capital Markets