Andy Dodd, head of technical research at Louis Capital Markets, presents his trade ideas for 2014, including analysis of the IBEX, Nikkei, FX and gold.
Riccardo Ronco of Aviate Global has noted that the VIX/MOVE ratio (S&P/T Note vol) has recently hit a low after moving in a well defined trading range over the last 20 years. This, he says, indicates that equity versus volatility will increase significantly in 2014.
A close below 1.3526 would open the way for further declines to 1.3402 for EUR/USD, according to George Davis at RBC Capital Markets. The 200-day moving average at 1.3354 is a further test with resistance at 1.3634 and 1.3697 expected to attract more selling interest.
Maxime Viemont, head of technical and quantitative strategies at BNP Paribas Personal Investors, presents his weekly technical review for 21 January. His research covers equities, bonds, FX , and commodities.
As the Amazon share price continues to rise, breaking through a key level at 397.03, the stock may be set to rise further still to 472.53, according to Walter Zimmermann at United-ICAP.
Trading in USD/JPY since September has seen selling interest repeatedly fail to continue for more than 3 days in a row, says Max Knudsen at ADS Securities . Against this background the forecast is to be cautious and expect no new momentum until prices break 102.99- 103.54.
Clive Lambert of FuturesTechs gives his in-depth short and longer-term outlook for bund futures for 2014. This includes analysis of the potential formation of a significant head and shoulders pattern.
A bottoming pattern in the FTSEMIB vs MXWO ($ adj) could mean a significant outperformance by the Italian index if the ratio resistance level (see chart) is broken, according to Riccardo Ronco at Aviate Global.
Maxime Viemont of BNP Paribas Personal Investors presents his ranking of 300 stocks from the Eurostoxx index based on his team’s trend-following quant model. Read more…
The S&P500 needs a break above 1850 to clear the way for a move to 1950, according to Maxime Viemont, head of technical and quantitative strategies and BNP Paribas Personal Investors in Paris. His latest weekly report also includes European stocks, bond and currencies. Read more…