USDCNY has fallen sharply following completion of a head-and-shoulders top, say David Sneddon and his team at Credit Suisse in London.
The 200-day moving average is the ideal pullback target for Bitcoin, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
“The ballooning Fed balance sheet is a party for gold,” says George Davis, Chief Technical Strategist at RBC Capital Markets.
While China and Japan remain the strongest equity markets based on their long-term trends, the overall message from Robin Griffiths and Ron William is “own gold, sell equities“.
The 3,000 level has held for the S&P 500 and the market remains in neutral, but Frank Cappelleri believes a resolution, one way or the other, will come in July.
Andy Dodd, Head of Technical Research at Louis Capital Markets, explains why US and European equities and looking bearish in the long-term.
EURUSD has posted a bullish key reversal day which should provide the platform for a clear break higher, according to David Sneddon and his team at Credit Suisse in London.
A bearish sell signal has been confirmed for V20 Live Cattle, according to James Dima, technical analyst at Marex Spectron.
Interest rate differentials are no longer having a substantial impact on FX markets, according to George Davis, Chief Technical Strategist at RBC Capital Markets.
Position size and risk management are particularly important for trading the S&P 500 right now, according to Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.