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Technical Tuesday

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Nasdaq 100, S&P 500 and DAX analysis: Technical Tuesday - April 16, 2024

The S&P 500 extends losses to third week amid raised geopolitical risks and rising bond yields. Concerns over the escalation of the situation in the Middle East is at the forefront of investors’ minds. The situation remains volatile with Israel seeking revenge for Iran’s retaliatory attacks on Saturday.

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Gold analysis: Charts point to extreme overbought levels – Technical Tuesday

Gold analysis: Technical levels and factors to watch on gold as the metal hits a fresh record high. But at these extremely overbought levels, do watch out for a possible correction. Gold's resistance against rising yields may be short-lived.

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USD/JPY outlook: Technical Tuesday - April 2, 2024

Welcome to another edition of Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s report, we will get technical on the USD/JPY, which remains supported by rising bond yields and crude oil prices, as investors await NFP among key data highlights from the US this week.

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Gold and silver analysis: Technical Tuesday, March 26, 2024

Welcome to another edition of Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s report, we will get technical on precious metals.

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EUR/USD, FTSE and ETH/USD analysis - Technical Tuesday, March 12, 2024

Welcome to another edition of Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s report, we will analysis the EUR/USD, FTSE and Ether following recent bullish price action in all these markets.

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FTSE, China A50 analysis: Technical Tuesday - March 5, 2024

FTSE 100 attempts to join global rally, boosted by China's efforts to shore up its economy. China FTSE A50 analysis shows Chinese stocks are responding positively to needs China has set a 5% GDP target, which will needs policy support ‘from all fronts’

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Gold analysis: Short-term outlook remains murky despite bounce

Given that the odds of rate cuts have been trimmed by hotter inflation data last week, this is increasing the opportunity cost of holding gold over bonds. Therefore, the short-term gains could evaporate soon. Gold is more likely to hit new records closer to time of rate cuts, though.

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EUR/USD and US Dollar analysis: Technical Tuesday – February 6, 2024

In this shortened edition of Technical Tuesday, we will get technical on the EUR/USD analysis as the pair continues to show bearish price characteristics, while the Dollar Index is continuing to push higher following robust data and hawkish Fed signals.

Energy

WTI technical analysis: Crude oil turns positive - Technical Tuesday

Crude oil is already supported on raised geopolitical risks but now we also have improved demand outlook, after the IMF raised its global GDP forecasts thanks to a resilient US economy and fiscal support from China.

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Crude oil analysis: WTI hits $75 - Technical Tuesday, January 23, 2024

WTI hits $75.00 resistance again, as geopolitics support oil on dips. But crude oil faces some key risks, including weaker demand outlook and strengthening US dollar

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S&P 500 outlook: Technical Tuesday – January 16, 2024

S&P 500 outlook: Hawkish repricing of rate cuts could undermine overstretched equities. Fed Governor Chris Waller says 3 rate cuts appropriate (not 6 the markets are after) which is potentially bearish news. S&P 500 technical analysis suggests index is near extremely over stretched levels.

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January 16, 2024 05:30 PM
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EUR/USD technical analysis: Technical Tuesday – January 9, 2024

EUR/USD technical analysis: rates contained inside 1.09 support and 1.10 resistance, with euro hurt by German factory data, as investors eagerly await key US CPI data on Thursday.

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GBP/USD analysis: Technical Tuesday – Dec 19, 2023

Welcome to another edition of Technical Tuesday. In this final edition for 2023, we will get technical on the GBP/USD analysis as the pair continues to show bullish price characteristics ahead of a busy next few sessions, before the focus turns to the festive period.

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December 19, 2023 01:30 PM
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EUR/USD analysis: Technical Tuesday – Nov 28, 2023

Welcome to another edition of Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s report, we will analyse the EUR/USD pair.

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November 28, 2023 11:30 AM
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Gold analysis: Precious metals climb as yields dip – Technical Tuesday

Welcome to another edition of Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s report, we will analysis gold and silver following last week’s bullish price action.

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November 21, 2023 03:59 PM
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Gold and silver analysis: US CPI sends dollar and yields sharply lower - Technical Tuesday

US inflation turned out to be weaker than expected on both the headline and core fronts, and the market’s response was a swift one. We saw gold and silver rise, as yields and the dollar dropped, while index futures jumped with the pace of the rally gaining further momentum once the cash markets opened on Wall Street.

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Nasdaq 100 outlook in focus ahead of key earnings - Technical Tuesday

The Nasdaq 100 gave up earlier gains and was trading flat at the time of writing, ahead of major earnings. Stronger-than-expected PMI data earlier from the US, where both the services and manufacturing sectors showed moderate expansion with 50+ readings, boosted the “higher for longer” narrative.

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Crude oil, USD/CNH, EUR/USD outlook in focus - Technical Tuesday

Welcome to another edition of Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s report, we will get technical on crude oil, USD/CNH, EUR/USD and bond yields.

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S&P 500 and Dollar Index Analysis - Technical Tuesday

Welcome to another edition of Technical Tuesday. In this week’s report, we will get technical on the S&P 500 and Dollar Index. The benchmark index has bounced back as investors' focus turns to FOMC minutes, CPI and Consumer Sentiment, with US bank earnings also to start on Friday. Meanwhile, the Dollar Index chart shows a potential reversal signal ahead of all these events.

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WTI analysis: Crude oil in spotlight – Technical Tuesday

Investors’ focus will remain on oil prices after their recent sharp gains amid the ongoing supply cuts by the OPEC and allies, and in light of today’s bullish reversal. Owing to concerns over a crude supply deficit, there is a good chance we could see oil prices climb above $100 and thus stoke inflationary worries further.

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Dollar analysis: EUR/USD, DXY and Gold in focus - Technical Tuesday

Welcome to Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this edition of Technical Tuesday, we will analyse the EUR/USD, Gold and the Dollar Index.