RBC raises target for US yields
The US 10-year yield is testing key resistance between 3.00 and 3.05, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
April 2018
Sell in May?
Despite the well-known and often prophetic “sell in May and go away” market adage, Ari Wald, Technical Analyst at Oppenheimer, remains optimistic for the S&P.
Rally over for FTSE?
Yesterday’s opening gap higher on the FTSE was rejected and resulted in a Bearish Engulfing candle, a sign of limited further upside or even a bearish reversal signal, according to Andy Dodd at Louis Capital Markets.
Top complete for GBPUSD
A bearish “reversal week” has been followed by a move below significant support, completing a top and putting GBPUSD firmly on a bearish footing, according to David Sneddon and James Gilbert at Credit Suisse in London.
Risk of 1930’s style deflationary spike
While a move to 4% for US Treasury Yields looks likely this would not necessarily mean an interest rate low would be in place, according to Ron William and Robin Griffiths, strategists at RW Advisory.
Seasonal tailwind for S&P
The second half of April is typically a bullish time for the S&P, says Frank Cappelleri, Chief Market Technician at Instinet.
Large move pending for Coffee
A large move is imminent for Coffee, according to James Dima, technical analyst at Marex Spectron.
All eyes on Gold
If Gold breaks above its four-year range it could signal the start of a significant move higher and a broader “risk-off” environment for the financial markets, say David Sneddon and James Gilbert at Credit Suisse.
Breakout for USDRUB
USDRUB is threatening to break above its 15 month range, according to David Sneddon and James Gilbert at Credit Suisse in London.
Contrarian signal on S&P
The S&P 500 has remained directionless over the last fortnight, but measures of sentiment and selling intensity suggest a more optimistic outlook, according to Ari Wald, Technical Analyst at Oppenheimer.