A major inflection point is approaching for US yields, according to Peter Lee, Chief Technical Strategist at UBS in New York.
Conditions are developing for a resumption of the S&P 500’s uptrend, according to Ari Wald, Technical Analyst at Oppenheimer.
The DAX is trading in a Wave IV pullback and has reached uptrend support for the second time this year, says Tony Sycamore of TECHFX TRADERS.
If GBPUSD can get past major resistance at around the 1.43 level, there is little to stop it reaching 1.50, according to David Sneddon and his team at Credit Suisse in London.
A weekly close above 1366 would confirm a long-term target for Gold of 1694, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
It is too early to tell if the correction is over for the S&P 500, but the issue should be resolved in early Spring, says Ron Meisels at Phases & Cycles.
Bitcoin could fall to 3000 if the 7224 level is broken, according to Ron William of RW Advisory.
US yields have completed a correction and should now rally towards 3.05%, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
USDJPY’s downward trend looks set to continue, says David Linton, Chief Executive at Updata.
EURUSD may have halted its long-term decline and be on the brink of a significant bullish reversal, according to Peter Lee, Chief Technical Strategist at UBS in New York.