Can USD rise above 200-day MA?
Frank Cappelleri, Chief Market Technician at Instinet, discusses the outlook for the US Dollar in four charts.
FX
Further weakness ahead for EURCHF
A large bearish continuation pattern suggests EURCHF is ready to fall further, according to David Sneddon and his team at Credit Suisse in London.
EURUSD range-bound into 2020
A reversal candlestick on Friday suggests EURUSD will finish the year in the same way it spent most of 2019, says Tony Sycamore, Director of Australia-based TECHFX TRADERS.
GBPUSD awaits election result
Despite the rally stalling in the last few sessions and DeMark sell signals appearing on the charts, clear candlestick reversals signals have not yet appeared for Cable, according to Andy Dodd at Louis Capital Markets.
Important week for USD/JPY
A bearish signal has appeared for USD/JPY and a medium-term reversal may be close, says Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
Bullish pattern in sight for Cable
GBPUSD is on the cusp of completing a classic bull wedge continuation pattern, says David Sneddon and his team at Credit Suisse in London.
GBP/AUD completes bull flag
GBP-crosses are heading higher fuelled by greater certainty to Brexit proceedings, says Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight, and GBP/AUD may be the most bullish expression of this move.
Major reversal for USDJPY
Several signs suggest that USDJPY is in the midst of a significant change of trend and will head back towards the 112.40 Spring high, according to David Sneddon and his team at Credit Suisse in London.
Sell-off resumes for USD
The US Dollar Index has been capped at its 200-day moving average and the risk is that it now turns back lower for a resumption of the sell-off, according to David Sneddon and his team at Credit Suisse in London.
Bitcoin at crossroads
Bitcoin has moved back above both its trend channel resistance and 200-day moving average – a positive bullish development according to Tony Sycamore at TECHFX TRADERS.