Commodities have bottomed out
“The ballooning Fed balance sheet is a party for gold,” says George Davis, Chief Technical Strategist at RBC Capital Markets.
2020
Equities: small upside, huge downside
While China and Japan remain the strongest equity markets based on their long-term trends, the overall message from Robin Griffiths and Ron William is “own gold, sell equities“.
July will be decisive for S&P
The 3,000 level has held for the S&P 500 and the market remains in neutral, but Frank Cappelleri believes a resolution, one way or the other, will come in July.
Bearish long-term signals for equities
Andy Dodd, Head of Technical Research at Louis Capital Markets, explains why US and European equities and looking bearish in the long-term.
Bullish development for EURUSD
EURUSD has posted a bullish key reversal day which should provide the platform for a clear break higher, according to David Sneddon and his team at Credit Suisse in London.
Bearish turn for cattle
A bearish sell signal has been confirmed for V20 Live Cattle, according to James Dima, technical analyst at Marex Spectron.
Yields and USD decouple
Interest rate differentials are no longer having a substantial impact on FX markets, according to George Davis, Chief Technical Strategist at RBC Capital Markets.
S&P sentiment is fickle
Position size and risk management are particularly important for trading the S&P 500 right now, according to Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
Cable topping out
After having broken above its trading range and then fallen back down, GBPUSD looks like it is forming a triple top, says Ron William, director at RW Advisory.
Wave recount for S&P?
For the first time since turning bullish in March the pathway forwards for the S&P 500 has become less clear, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.