Challenge ahead for Hang Seng
A bullish chart pattern has completed on the Hang Seng Index but tough resistance remains not far above current levels, say David Sneddon and his team at Credit Suisse in London.
January 2019
Bullish signal for Coffee
A bullish medium-term signal has been triggered for Coffee, according to James Dima, technical analyst at Marex Spectron.
More upside for Euro banks
Following a strong price move on Friday, European banks look set for further gains, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
Large move pending for Gold
Gold has resolved an important triangulation pattern to the downside, according to Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
Is the rally in equities a correction?
The S&P has rallied strongly since Boxing Day, rebounding from its most oversold extreme since 2011, but George Davis at RBC Capital Markets asks whether the rally is just a bear market correction.
Copper on the move
The trading range for copper has shrunk to historically low levels and James Dima, technical analyst at Marex Spectron, thinks this means that a large move is pending.
Risk higher for GBPUSD
GBPUSD continues to trend higher despite recent Brexit developments, according to David Sneddon, Pascal Zingg and James Gilbert at Credit Suisse in London.
Firm support for EURCHF
EURCHF is looking bullish in the medium-term having found support from the confluence of two key levels, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
Reversal for US inflation gauge
Last Friday’s US jobs data and dovish comments from Fed Chairman Jerome Powell have triggered a major reversal in the US 10 year inflation breakeven rate, says Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
Short-term weakness for USD
A short-term top has completed for the Bloomberg Dollar Index and if EURUSD can now break above 1.1500 it can go on to target 1.1644, according to David Sneddon, Pascal Zingg and James Gilbert at Credit Suisse in London.