Gold to target $2400
Gold is ready to make a break for $2400, according to Ron William, director at RW Advisory.
July 2020
Pullback imminent for EURUSD
A short-term selloff is likely for EURUSD, says James Dima, technical analyst at Marex Spectron.
Blue skies for Gold
A clear break for Gold above $1920 would open the way towards $2000 and even $2400/2500, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
Strong support to temporarily halt USD decline
The USD is facing a big test at key long-term support, according to David Sneddon and his team at Credit Suisse in London.
US equity markets diverge
There are more technical reasons to think the S&P 500 will advance than fall, according to Frank Cappelleri, Chief Market Technician at Instinet.
Asia over Latin America
Relative strength dynamics highlight the outperforming trend of Asian over Latin American emerging market currencies, says George Davis, Chief Technical Strategist at RBC Capital Markets.
Commodities in recovery
Commodities have established a base after successfully holding multi-year support, according to David Sneddon and his team at Credit Suisse in London.
FTSE at turning point?
The FTSE is testing its short-term uptrend channel which if broken would usher in a sustained move lower, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
US Discretionary outperforming
The US consumer is yet to show signs of cracking despite mounting cases of Covid-19, says Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
Top complete for USDCNY
USDCNY has fallen sharply following completion of a head-and-shoulders top, say David Sneddon and his team at Credit Suisse in London.