Corrective phase for EUR/USD gains momentum
The recent bearish breakout in EUR/USD has added further fuel to its corrective phase, according to George Davis, Chief Technical Strategist at RBC Capital Markets.
Multi-Asset
Correction could strike at any time
A few cracks have begun to appear for the S&P 500, according to Robert Colby, Chief Investment Strategist at Robert W. Colby Asset Management.
Rising bond yields supportive for Small Caps
The Russell 2000 continues its steady push higher, having broken with ease above its downtrend from February, according to David Sneddon and his team at Credit Suisse in London.
S&P to rally after mid-March low?
Seasonality and recent market behaviour suggest the S&P 500 will rally after reaching a mid-March low, according to Frank Cappelleri, Chief Market Technician at Instinet.
$42,000 is key level for Bitcoin
There is some risk that Bitcoin has completed a 5-wave rally and a possible medium-term high, according to Elliott Wave specialist Tony Sycamore, Director of Australia-based TECHFX TRADERS.
Late-cycle exhaustion for S&P
A “broadening top” exhaustion pattern is building for the S&P 500, according to Robin Griffiths and Ron William at RW Advisory.
Staying bullish Chinese equities
The Shanghai Composite Index has strong bullish targets all the way up to 4733, according to David Sneddon and his team at Credit Suisse in London.
S&P: uptrend losing power
Investor sentiment has reached levels of euphoria and greed that exceed the excessive optimism at the stock market top in 2000, says Robert Colby, Chief Investment Strategist at Robert W. Colby Asset Management.
Health stocks to target 2020 highs
European Health Care stocks have seen a strong start to the week and look ready to complete a head-and-shoulders base, according to David Sneddon and his team at Credit Suisse in London.
Soybeans extremely overbought
Soybeans are overbought and likely to correct soon, according to James Dima, technical analyst at Marex Spectron.