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.
2019
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.
DAX: Sell rallies to neckline?
A medium-term target of 9799 in still in place for the DAX though more upside is possible in the short-term, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
Bitcoin to fall below $3000?
Ron William, director at RW Advisory, gives his medium- and long-term outlook for cryptocurrencies.
Oversold rates may provide firepower for S&P
US 10 year yields are extremely oversold and this may give the S&P an opportunity for a fresh bull run, says Frank Cappelleri, Chief Market Technician at Instinet.
China starts 2019 poorly
The Hang Seng China Enterprise Index has broken through key support and will likely target 9882 and possibly much lower, according to David Sneddon, Pascal Zingg and James Gilbert at Credit Suisse in London.