USDCAD: long-term uptrend under threat
The result of the Canadian election has left USDCAD testing its long-term uptrend, says David Sneddon and his team at Credit Suisse in London.
Multi-Asset
Bullish developments for S&P
A bullish pattern on the S&P 500 has been triggered, says Frank Cappelleri, Chief Market Technician at Instinet.
EURUSD turning around?
The break and close above downtrend resistance at the end of last week is an indication that a medium-term low is in place for EURUSD, according to Tony Sycamore, Director
Market breadth is deteriorating
Significantly fewer stocks participated in the last S&P rally, warns Andy Dodd, Head of Technical Research at Louis Capital Markets.
US 10-year yield to re-test 2019 low
Bond markets remain bullish as the market takes a defensive approach to risk, according to George Davis at RBC Capital Markets.
Turkish Lira holding up… for now
USDTRY has risen sharply on geopolitical concerns, but not yet far enough to mark an important technical break higher, according to David Sneddon and his team at Credit Suisse in London.
FTSE 100 stays vulnerable
Global geopolitical pressures and Brexit continue to weigh on UK stocks and Steve Miley, CEO of Market Chartist, sees downside risk for the FTSE 100.
Satellite Copper Smelting Index launched
Earth-I, in collaboration with commodities broker Marex Spectron and the European Space Agency, have announced the launch of the SAVANT Global Copper Smelting Index, a unique new product built on satellite imagery.
Bullish outlook for European utilities
Andy Dodd, Head of Technical Research at Louis Capital Markets, gives his technical outlook for seven European equity sectors.
Pullback imminent for USD
Divergences on the US Dollar Index and EUR/USD warn that a short-term correction might be around the corner, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets.