Bearish signs for DAX
Despite the recent rally in the DAX, Andy Dodd, Head of Technical Research at Louis Capital Markets, remains bearish for German equities.
February 2019
Copper at long-term resistance
A month-end close above 6,546 would be very bullish for Copper, says James Dima, technical analyst at Marex Spectron.
GBPUSD completes basing pattern
GBPUSD has surged dramatically higher to establish a head-and-shoulders reversal pattern, according to David Sneddon and his team at Credit Suisse in London.
S&P breaks above 200-day MA
On Friday the S&P 500 broke above its 200-day moving average following a move above its 50-day MA in January.
Pullback for FTSE
Whilst the FTSE 100 rally has stalled recently, Andy Dodd at Louis Capital Markets expects it to resume once the market pulls back to near 6927.
S&P completes correction?
Tony Sycamore, Director of Australia-based TECHFX TRADERS, thinks the S&P 500 has completed its correction and the medium-term outlook is now bullish.
Bullish crossover for Soybeans
A bullish long-term signal occurred for Soybeans last week, according to James Dima, technical analyst at Marex Spectron.
USD is vulnerable
Following this week’s Fed decision to effectively remove its tightening bias the USD is looking vulnerable, says George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
Decline in risk appetite fuels Gold
Global investor confidence underwent “a warp-speed deterioration” in January, according to Kenneth Froot at State Street Associates.