Copper targets 375
Pullbacks to the long-term trendline should present good buying opportunities for copper, says Andy Dodd, Head of Technical Research at Louis Capital Markets.
October 2017
Top confirmed for EURUSD
EURUSD has broken through significant support to confirm a head-and-shoulders top, according to David Sneddon and his team at Credit Suisse in London.
WTI ready to explode
A large move is imminent for light crude, according to James Dima, technical analyst at Marex Spectron.
October 1987 vs October 2017
Ari Wald, Technical Analyst at Oppenheimer, compares today’s equity markets with the markets prior to the Black Monday crash of thirty years ago and finds no reason to believe we are near a similar major top.
Pullback expected for S&P
The S&P 500’s next major move will be up and any corrective period in the coming weeks should be seen as a buying opportunity, according to Ron Meisels at Phases & Cycles.
EURUSD rise under threat
While Tony Sycamore, Director of Australia-based TECHFX TRADERS, still expects EURUSD to eventually test recent highs in the 1.2100 area, he sees some evidence that this bullish view may be under threat.
Short-term obstacle for bullish Brent
A bullish reversal pattern for Brent Crude has been confirmed and suggests a medium-term target of 88.49, says Andy Dodd, Head of Technical Research at Louis Capital Markets.
US 30-year yield to target 3.10
The US 30-year yield faces a major hurdle at 2.95 percent, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets, though he expects this level will eventually be cleared.
Bullish signals for Gold
Two signals have come together to give a bullish outlook for Gold in the weeks ahead, says James Dima, technical analyst at Marex Spectron.
Top cancelled for EURUSD?
The broad uptrend for EURUSD may be resuming, according to David Sneddon and his team at Credit Suisse in London.