Credit Suisse remains bearish on GBPUSD and believes it will likely retest last week’s 1.1491 spike low in the short- to medium-term.
Monitor for a bearish close below the upper Bollinger Band on Natural Gas indicating a mean reversion pullback may be imminent, says James Dima, technical analyst at Marex Spectron.
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
A large price move is due on Eurodollar futures, says James Dima, technical analyst at Marex Spectron.
A major fall for US equities is expected this autumn, says Ron William, market strategist at RW Market Advisory.
USDCAD has rallied to test the top of its range and will likely fall back towards support around 1.3030, according to David Sneddon and his team at Credit Suisse in London.