Quarterly Outlook
Q3 Investor Outlook: Beyond American shores – why diversification is your strongest ally
Jacob Falkencrone
Global Head of Investment Strategy
You can access both of our platforms from a single Saxo account.
Technical Update - EURUSD and GBPUSD selling pressure coming back. Dollar Index on the rise
Kim Cramer Larsson
Technical Analyst, Saxo Bank
- EURUSD likely resuming down trend with potential to 1.07-1.0660
- GBPUSD could drop as low as 1.25-1.24.
- Dollar Index eyeing 1.0556 level
- Keep an eye on key levels for reversals
RSI is still showing negative sentiment with no divergence supporting the bearish view. To reverse to an uptrend, a daily close above 1.0885 is needed
GBPUSD spiked just a few pips above the 0.382 retracement at 1.2675 only to close below, and below both the 55 and 100 Moving Averages.
The strength indicator RSI is still showing negative sentiment with no divergence supporting the bearish view where GBPUSD is likely to test 1.25, possibly lower.
A break below GBP 1.25 could push GBPUSD towards 1.24.
For GBPUSD to reverse this bearish scenario and unfold, a close above 1.2685 is necessary
The strength indicator RSI is still showing negative sentiment with no divergence supporting the bearish view where GBPUSD is likely to test 1.25, possibly lower.
A break below GBP 1.25 could push GBPUSD towards 1.24.
For GBPUSD to reverse this bearish scenario and unfold, a close above 1.2685 is necessary
The Dollar Index found support at the 55 daily Moving Average, then got rejected at the 0.618 retracement at 104.40.
However, the underlying sentiment is bullish with the 21, 55, and 200 Moving Averages all rising.
The strength indicator RSI is supporting the bullish view where the Index is likely to take out last week’s peak at 104.84 and push on to 105.56–105.85
However, the underlying sentiment is bullish with the 21, 55, and 200 Moving Averages all rising.
The strength indicator RSI is supporting the bullish view where the Index is likely to take out last week’s peak at 104.84 and push on to 105.56–105.85
A daily close below 103.68 will demolish this bullish scenario
Latest Market Insights
Quarterly Outlook
-
-
Quarterly Outlook
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity
John J. Hardy
Global Head of Macro Strategy
After the chaos of Q2, the quarter ahead should get a bit more clarity on how Trump 2.0 is impacting... -
Quarterly Outlook
Upending the global order at blinding speed
John J. Hardy
Global Head of Macro Strategy
We are witnessing a once-in-a-lifetime shredding of the global order. As the new order takes shape, ... -
Quarterly Outlook
Equity outlook: The high cost of global fragmentation for US portfolios
Charu Chanana
Chief Investment Strategist
-
Quarterly Outlook
Asset allocation outlook: From Magnificent 7 to Magnificent 2,645—diversification matters, now more than ever
Jacob Falkencrone
Global Head of Investment Strategy
-
Quarterly Outlook
Commodity Outlook: Commodities rally despite global uncertainty
Ole Hansen
Head of Commodity Strategy
-
Quarterly Outlook
Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?
John J. Hardy
Global Head of Macro Strategy
-
Quarterly Outlook
Equity Outlook: The ride just got rougher
Charu Chanana
Chief Investment Strategist
-
Quarterly Outlook
China Outlook: The choice between retaliation or de-escalation
Charu Chanana
Chief Investment Strategist
-
Quarterly Outlook
Commodity Outlook: A bumpy road ahead calls for diversification
Ole Hansen
Head of Commodity Strategy