USDRUB has breached key support and is heading towards the 60.00 area, say David Sneddon, Pascal Zingg and James Gilbert at Credit Suisse in London.
The S&P 500 is overbought and bearish divergences are appearing, says Robert Colby, Chief Investment Strategist at Robert W. Colby Asset Management.
EURUSD’s recovery and consolidation above 1.1300/20 confirms the decline to the 1.1176 low was a false break, according to Tony Sycamore, at TECHFX TRADERS.
London, 8 & 9 October 2019
The Dow Jones Industrial Average is targeting its 200-day moving average at 25,125, according to James Dima, technical analyst at Marex Spectron.
EURUSD is undervalued according to EU-US yield curve dynamics, says George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
Despite the recent rally in the DAX, Andy Dodd, Head of Technical Research at Louis Capital Markets, remains bearish for German equities.
A month-end close above 6,546 would be very bullish for Copper, says James Dima, technical analyst at Marex Spectron.
GBPUSD has surged dramatically higher to establish a head-and-shoulders reversal pattern, according to David Sneddon and his team at Credit Suisse in London.
On Friday the S&P 500 broke above its 200-day moving average following a move above its 50-day MA in January.