Several signs suggest that USDJPY is in the midst of a significant change of trend and will head back towards the 112.40 Spring high, according to David Sneddon and his team at Credit Suisse in London.
Tony Sycamore, Director of TECHFX TRADERS, says the US 10-year yield is in the middle of a corrective rally and will shortly resume its downtrend.
LME Copper is close to confirming a medium-term bullish signal, according to James Dima, technical analyst at Marex Spectron.
Frank Cappelleri, Chief Market Technician at Instinet, examines S&P seasonality and asks whether the market is likely to rally in November and December.
Ominous signs are gathering for the FTSE 250, says Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
The US Dollar Index has been capped at its 200-day moving average and the risk is that it now turns back lower for a resumption of the sell-off, according to David Sneddon and his team at Credit Suisse in London.
All eyes are on the 12k line of Egypt’s EGX30, according to Ron William, director at RW Advisory.
Bitcoin has moved back above both its trend channel resistance and 200-day moving average – a positive bullish development according to Tony Sycamore at TECHFX TRADERS.
The MSCI World Index has left a series of higher lows on each of its recent pullbacks, which Andy Dodd, Head of Technical Research at Louis Capital Markets, says indicates the uptrend is still intact.
Brexit optimism is fuelling a significant shift in sentiment for GBPUSD, according to George Davis, Chief Technical Strategist at RBC Capital Markets.