The spread between December 2017 and December 2019 Brent Crude looks set to narrow, according to James Dima, technical analyst at Marex Spectron.
EURGBP’s rise has met key resistance which – though likely to hold for a while – will probably be broken within a few weeks, says David Sneddon and his team at Credit Suisse in London.
The technical picture for FTSE on election day suggests there is limited upside in the short-term and a reversal in momentum appears to be taking place, says Andy Dodd, Head of Technical Research at Louis Capital Markets.
Despite any summer weakness, the Euro should strengthen towards year-end and into early 2018, thereby reasserting its upwards trend, says Jean-François Owczarczak, technical analyst at Management Joint Trust SA in Geneva.
Key support has been removed for USDJPY and this turns the risks back lower in both the short- and medium-term, says David Sneddon and his team at Credit Suisse in London.
A short-term uptrend is expected for US equities, but there are signs emerging that we are in the late stage of the bull market, says Robert Colby, Chief Investment Strategist at Robert W. Colby Asset Management.
There are too many bullish stocks to be bearish about the S&P, but certain worries remain, says Ari Wald, Technical Analyst at Oppenheimer.
The recent rally in gold left a bullish candlestick on last Friday’s close, but Andy Dodd at Louis Capital Markets thinks that today’s close will prove decisive in whether gold is able to break out of its downtrend channel.
Tradesignal, provider of technical analysis and rule-based trading software, discusses the Turn of the Month Effect for equities and presents a 4-day strategy for trading it.
The FTSE 100 is overbought and is likely to pull back towards 7,400, says Ron Meisels at Phases & Cycles.