EURJPY: Spotlight on key resistance
After EURJPY’s accelerated recovery at the end of last week, Credit Suisse ask whether the currency pair will continue higher.
January 2017
EURUSD: Parity beckons
A long-term head-and-shoulders top warns of continued selling in EURUSD, according to Peter Lee, Chief Technical Strategist at UBS in New York.
Equities break higher
Equity markets broke above key short-term resistance levels yesterday and are now heading towards long-term targets, says Andy Dodd, Head of Technical Research at Louis Capital Markets.
Limited recovery for GBPUSD
Although GBPUSD remains bearish in the longer-term (one month and beyond), its recent recovery is testing the 100-day moving average at 1.2520 and is likely to break it, according to David Sneddon and his team at Credit Suisse in London.
DAX: Bullish rally for 2017
The German DAX is in the final wave of a cycle that started in 2009, according to Estêvão Oliveira, Head of Technical Strategy at Haitong Bank, who thinks a new all-time high could be reached later this year.
Airlines climb higher
The US Airline industry is likely to move higher throughout the course of 2017, says Ari Wald, Technical Analyst at Oppenheimer.
Bullish crossover on Sugar
Sugar looks set for a long-term rally, according to James Dima, technical analyst at Marex Spectron.
Gold to target 1450
There is a strong probability that gold will rise to 1450 within the year, according to Estêvão Oliveira, Head of Technical Strategy at Haitong Bank.
Long-term reversal in US yields
A multi-decade downward trend in US yields may be about to break, according to Peter Lee, Chief Technical Strategist at UBS in New York.
European resources testing resistance
European Basic Resources look set to surge higher once key resistance is broken, according to David Sneddon and his team at Credit Suisse in London.