• Black Facebook Icon
  • Black Twitter Icon

Copyright © 2012 - Management Joint Trust SA - FinGraphs

Blog

EUR/USD and GBP/USD have moved lower over the last 10 days, while the USD is really starting to accelerate vs defensive currencies such as the Swiss Franc and the Yen. We would still expect some quite of retracement down for the Dollar during May. It may be quite weak vs JPY and CHF. On the other hand, EUR and GBP may attempt to retest their highs. As a r...

The second equity sell-off since January is still underway, and despite a rebound over the last 36h, we believe that the risk/reward is still negative for now, possibly until the 2nd week, perhaps mid April. This ongoing correction may now be joined by some retracement on oil and related inflationary pressures. In such an environment, we would also expect...

The rebound from the sell off early February is still pushing and could continue to do so for another week or so. Following that, we expect a new period of consolidation on risk assets which may last into April. EUR/USD, Oil and Equity could come under pressure again, while USD and JPY battle it out for the ultimate safe haven position ...

The rebound from the sell off early February is still underway, and while the US Dollar did bounce during the sell-off, it is now retracing again vs most other assets. Rarely have we seen such coordinated market action, with the Dollar inversely correlated to US and European equities, The Euro, Gold, rates and even the Yen. We expect the current rebound t...

Following its strong breakout mid January, EUR/USD finally seems to be retracing down. While this situation leaves an S&P500, which seems very extended for now, it may enable European markets to play catch up over the next few weeks...

Since Friday, EUR/USD has pushed through previous highs for this cycle, and on the back of it, accelerated up quite rapidly, adding 2 more figures between Friday afternoon and today. That said, over the coming weeks, the risk/reward may now be extended. There is a lot of historical resistance that can be identified on EUR/USD between 1.23 and 1.25, furthe...

What outlook does the technical analysis give for currencies, commodities and equities? Jean-Francois Owczarczak, Director, Management Joint Trust and FinGraphs.com. While Equity markets have little potential left into 2018, they should hold into the Spring. Europe and Japan may have more potential left than the US. The Dollar could retest down towards th...

Following its September and October rebound, the Dollar has retraced strongly during November. We believe this situation may present an opportunity to enter and catch a further rebound into mid-December

When we came 10 days ago risk assets were still in linear uptrends. We then argued that given the exaggerations we saw then, the markets were probably due for some consolidation. And indeed, over the last 10 days, they have started to correct, slowly first and over the last few days with some acceleration. Our view is that this correction is not quite ove...

The September/October Equity rally has ploughed through previous highs. It also seems that cyclicality is re-accelerating with nice rebounds on the Dollar and interest rates, while more defensive assets have corrected (Gold, EUR/USD). These trends look unstoppable and by and large, we believe they should persist probably into Spring next year. Yet, we bel...

Please reload

Categories

Please reload

Archives

Please reload