GBP/AUD completes bull flag
GBP-crosses are heading higher fuelled by greater certainty to Brexit proceedings, says Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight, and GBP/AUD may be the most bullish expression of this move.
November 2019
Correction expected for S&P
US stock market sentiment shows a high degree of bullish optimism, indicating a significant probability of a price pull-back for the short-term, according to Robert Colby at Robert W. Colby Asset Management.
Major reversal for USDJPY
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.
US rates to test August low
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.
Copper: bull signal pending
LME Copper is close to confirming a medium-term bullish signal, according to James Dima, technical analyst at Marex Spectron.
4th quarter boost for S&P?
Frank Cappelleri, Chief Market Technician at Instinet, examines S&P seasonality and asks whether the market is likely to rally in November and December.