Industrial metals give bullish outlook for ZAR
Industrial metals are having more of an impact on the South African Rand (ZAR) than Gold, according to George Davis, Chief Technical Strategist at RBC Capital Markets.
September 2020
Top forming for Growth/Value ratio
The US Growth/Value ratio is at a critical juncture, according to David Sneddon and his team at Credit Suisse in London.
S&P stretched but still bullish
The S&P remains in a short-term uptrend channel with momentum having picked up after it broke above 3392.5 on 24 August, according to Andy Dodd at Louis Capital Markets at Louis Capital Markets.
RBC raises target for US 10-year yields
George Davis, Chief Technical Strategist at RBC Capital Markets, has raised his 1 to 3 month target for US 10-year yields to 0.85%.
Gold in Wave IV correction
Elliott Wave specialist Tony Sycamore at TECHFX TRADERS says gold remains strong in the medium-term.