The Nikkei is at a key level below which it would complete a large double top and suggest a more damaging selloff for the Nikkei and global equities more broadly, says David Sneddon and his team at Credit Suisse. Updated 5 February 2020.
EURUSD has completed a head-and-shoulders top and has scope to move towards 1.0879 in the short-term, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
Updated 10 February 2020.
The S&P 500 is ready to begin a period of strong outperformance relative to emerging market equities, according to Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight. Chart updated 6 February 2020.
Frank Cappelleri, Chief Market Technician at Instinet, discusses the outlook for the US Dollar in four charts.
Soybean Oil will likely rebound off strong support, according to James Dima, technical analyst at Marex Spectron.
The FTSE 100 is in neutral but may be close to continuing its upward trend, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
With increasing geopolitical tensions it is no surprise that Gold has spiked upwards and Frank Cappelleri at Instinet thinks conditions will remain bullish in the long-term.
J.P.Morgan’s Quantitative & Derivatives Strategy team has found a significant signal in news sentiment data. The signal, however, seems to decay rapidly after about two days.
A large bearish continuation pattern suggests EURCHF is ready to fall further, according to David Sneddon and his team at Credit Suisse in London.
Robert Colby, Chief Investment Strategist at Robert W. Colby Asset Management, sets out the technical environment for US equities at the beginning of 2020.
