Following a strong price move on Friday, European banks look set for further gains, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
Gold has resolved an important triangulation pattern to the downside, according to Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
The S&P has rallied strongly since Boxing Day, rebounding from its most oversold extreme since 2011, but George Davis at RBC Capital Markets asks whether the rally is just a bear market correction.
The trading range for copper has shrunk to historically low levels and James Dima, technical analyst at Marex Spectron, thinks this means that a large move is pending.
GBPUSD continues to trend higher despite recent Brexit developments, according to David Sneddon, Pascal Zingg and James Gilbert at Credit Suisse in London.
EURCHF is looking bullish in the medium-term having found support from the confluence of two key levels, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
Last Friday’s US jobs data and dovish comments from Fed Chairman Jerome Powell have triggered a major reversal in the US 10 year inflation breakeven rate, says Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
A short-term top has completed for the Bloomberg Dollar Index and if EURUSD can now break above 1.1500 it can go on to target 1.1644, according to David Sneddon, Pascal Zingg and James Gilbert at Credit Suisse in London.
A medium-term target of 9799 in still in place for the DAX though more upside is possible in the short-term, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
Ron William, director at RW Advisory, gives his medium- and long-term outlook for cryptocurrencies.