Gilt reversal signals triggered
A series of bearish long-term trend reversals have been triggered on Gilts, says George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
June 2017
USDCHF teeters above key level
The spotlight for USDCHF remains on key support at 0.9558/49, below which a large top may form, says David Sneddon and his team at Credit Suisse in London.
Downtrend resumes for GBPUSD
Initial signs suggest GBPUSD has completed a medium-term top and its downtrend has resumed, says Tony Sycamore, Director of Australia-based TECHFX TRADERS.
S&P 500 strengthening
Broad-based participation in the S&P 500 suggests the bullish trend will continue, says Ari Wald, Technical Analyst at Oppenheimer.
Top forming on Brazil’s Bovespa?
A break below the recent low of 60315 would signal the start of a more significant move down for Brazil’s Bovespa, according to David Sneddon and his team at Credit Suisse in London.
S&P must stay above 2400
The S&P 500 has finally broken out of its 2330 to 2400 range and the 2400 level should now act as support for any pullback, according to Ron Meisels at Phases & Cycles.
S&P: Uptrend intact but indecision growing
The long-term uptrend in the S&P 500 is intact but momentum is lacking in
the medium term, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
Flatter US yield curve not a threat
The combination of tighter monetary policy by the Fed and accommodative policies overseas suggests the US yield curve should flatten further, says Ari Wald, Technical Analyst at Oppenheimer.
Record inflows to equities
We have just had the biggest week of equity inflows ($24.6bn) since the US election and the second largest week of inflows to Wall Street ever, says Michael Hartnett, Chief Investment Strategist at BofA Merrill Lynch Global Research.
Aluminium close to breaking down
A bearish signal could soon be confirmed for Aluminium, says James Dima, technical analyst at Marex Spectron.