Concerns are growing for a no deal Brexit and this is keeping negative pressures on sterling, says Steve Miley at The Market Chartist.
Researchers from Hull University and the ICMA Centre have tested technical trading rules in several cryptocurrency markets and found they yield higher risk adjusted returns than a simple buy and hold strategy.
Several European equity markets have rallied more powerfully than expected but Andy Dodd at Louis Capital Markets says they still need to break above their downtrends in order to change his bearish outlook.
The Dow Jones Transportation Average is now in a downtrend signalling a possible bearish signal for the overall index, says Sejul Gokal at Go Technikal Insight.
Risks remain on the downside for sterling against the euro say analysts at Credit Suisse.
This month’s rally in euro sterling has been checked at the declining 200-day moving average at 87.92, say the technical analysis team at Credit Suisse.
A new study by researchers at Massey University and Auckland University of Technology has found that technical indicators are especially good at forecasting the price movements of individual small cap stocks.
The Bloomberg-JPMorgan Asia Currency Index has broken through key support raising the prospect of further significant weakness for Asian currencies against the USD, according to David Sneddon and his team at Credit Suisse in London.
At a recent seminar hosted by The Technical Analyst in central London, Trevor Neil gave a talk on the methodology behind Relative Rotation Graphs (RRGs).
Gold is set for a short-term rally although the longer-term outlook remains uncertain, according to Tony Sycamore at TechFX Traders.