“Credit Suisse: Unveiling Secrets Beneath the 4195 YTD High – Reach the Top in Style!”
The S&P 500 remains capped below its year-to-date high of 4195, and analysts at Credit Suisse maintain their bias of looking for a top, which will be confirmed if the index falls below the 4052/48 range. With the daily MACD momentum having turned lower, the broader risk is shifting towards a “risk off” phase, suggesting […]
“EUR/GBP Plummets to 0.86: Credit Suisse Predicts Massive Downturn Ahead!”
Rewrite and expand this content to 900 words Share: EUR/GBP is already below key support from its lows for the year and 200-Day Moving Average (DMA) to suggest a top is already in place here, analysts at Credit Suisse report. Resistance at 0.8770 set to cap “EUR/GBP has broken key support from the […]
“EUR/CHF Plunges Below 0.97: Credit Suisse Predicts Unprecedented Breakthrough!”
EUR/CHF has recently turned back from an upward trajectory over the past couple of days within its broad range of approximately 0.9700-1.0101. Economists at Credit Suisse expect to witness further weakness in EUR/CHF due to a renewed phase of risk-off, as weekly MACD momentum is turning freshly lower back into negative territory. Alongside a risk-off […]
“Final Leg Higher Soon: Targets 1.2668/1.2758 to Rock the Market, Predicts Credit Suisse!”
Rewrite and expand this content to 900 words Share: Economists at Credit Suisse discuss GBP outlook and expect Cable to extend its gains. Break below support at 1.2344 to warn of a deeper setback “We still see scope for one final leg higher to our core target at 1.2668/1.2758 – the May 2022 […]
S&P 500 Stuck Below 4195 YTD High, Will Turn Lower, Warns Credit Suisse!
Economists at Credit Suisse recently discussed the potential outlook of the S&P 500 index, stating that they expect the index to experience a downward trend. According to their analysis, the S&P 500 has repeatedly failed to break through key resistance levels at the 4195 year-to-date (YTD) high, with daily Relative Strength Index (RSI) and Moving […]
“Fed Greenlights UBS Takeover: Credit Suisse US Subsidiaries Set for Major Acquisition!”
The Federal Reserve has given its approval for UBS Group AG to acquire the US subsidiaries of Credit Suisse Group. As part of the agreement, UBS has committed to provide the Fed with an implementation plan outlining the process for combining the US businesses of the two firms. This plan will be updated quarterly and […]
“US Dollar’s Bleak Outlook: Credit Suisse Foresees Drop to 98.98 Amid Economic Uncertainties”
The recent rebound in the US Dollar Index seems to be over. Economists at Credit Suisse are maintaining a tactically negative outlook, looking for a move back to the 100.82 year-to-date (YTD) low and eventually target stronger support at 98.98/97.89. They remain skeptical about the potential for a continued recovery in the US dollar, given […]
“USD/JPY Bearish Triangle Looms: Credit Suisse Sees Q2 Downtrend Amid ‘Risk-Off’ Sentiment”
Share: USD/JPY has extended its recovery; however, economists at Credit Suisse view the current price action as a potential bearish “triangle” continuation pattern and continue to look for the range to be eventually resolved lower. “Triangle” consolidation phase may last a while: “We now look for further near-term strength in what is looking like the […]
Gold Surge: Testing All-Time High, Crucial Factors Ahead
Gold prices have been on the rise recently, thanks to a decrease in yields and a weakening US dollar. This trend has economists at Credit Suisse predicting a possible test of the metal’s all-time high resistance levels at $2,070/75. While gold investors may be optimistic about these projections, a break under the 55-day moving average […]