US equites are robust and ready to go, according to Ron Meisels at Phases & Cycles.
EURGBP’s surge higher on Tuesday took it above key resistance, neutralising thoughts of a top and leaving it trading in a new sideways range, says David Sneddon and his team at Credit Suisse in London.
Ari Wald of Oppenheimer’s “chart of the week, month, and potentially year” is a chart of the iShares MSCI Emerging Markets.
A bearish signal has been confirmed for the Wheat vs Corn spread, says James Dima, technical analyst at Marex Spectron.
EURUSD is close to its post-French election target of 1.1500 and is now at level where it is “impossible to have a position either way”, says Tony Sycamore, Director of Australia-based TECHFX TRADERS.
Crude is trading around the neckline of a potential medium-term bearish reversal pattern, says Andy Dodd, Head of Technical Research at Louis Capital Markets.
Trend resistance continues to cap EURUSD’s move upwards, according to David Sneddon and his team at Credit Suisse in London.
The US 10 year note appears to have completed a four-month corrective bounce and the risk is now to the downside, says Tony Sycamore, Director of Australia-based TECHFX TRADERS.
The Dow Jones Transportation Average rallied to a new high last week, reaffirming the equity bull cycle, says Ari Wald, Technical Analyst at Oppenheimer
The S&P 500 is finding it difficult to get above the mid-2400s and is pulling back towards its 50-day moving average, says Ron Meisels at Phases & Cycles.