Charts to watch and things to do

Published on: July 14th, 2018

With Donald Trump touring the UK, and both Europe and Russia in a combative mood, geo-politics will fill the summer’s headlines. The charts below illustrate where we are as we head into a long, hot summer.

Comments

  • CS
    C S.
    15 July 2018 @ 08:26
    1 0
    Any scope for a retracement of EURUSD to 1.20 and DXY to 92, forming head and shoulders which takes EUR to 105 and DXY to 102?
    • JB
      Julian B. | Contributor
      19 July 2018 @ 19:53
      0 0
      1.20 would be a huge retracement. My guess is maybe 1.1850
  • MG
    Miguel G.
    17 July 2018 @ 08:50
    1 0
    Julian, given we may be at an important crossroads with faang stocks could we get an update for potential initial targets if were to assume faang has peaked?
    • MG
      Miguel G.
      20 July 2018 @ 12:37
      0 0
      Awesome, thanks Julian!
    • JB
      Julian B. | Contributor
      19 July 2018 @ 19:51
      2 0
      Hi Miguel we just sent you a flash update on Netflix, which at this stage looks the most vulnerable
    • SH
      Santiago H.
      18 July 2018 @ 12:46
      4 0
      My two cents...I'd be extremely careful at this. As many people, Julian had (has?) a perma bearish view on tech equities (go back one year one of his first articles talks about a potential tech bubble citing AMZN and NFLX which were roughly at 1000/200 at the time if I'm not mistaken). Yes, it is possible that FAANG will peak - but to try to assume that peak happens before hand has proved disastrous for many. Therefore, be sure you consider the risk/reward profile of such a move. Apologies if you find this patronizing, it's not my intention but I hear/see so many "bear on tech" messaging here (which hasn't panned out in the 1 year of existence of this platform) so I want to weigh in with a cautious view.
  • JB
    Johan B.
    24 July 2018 @ 06:39
    0 0
    Excellent summary.
  • JC
    Justin C.
    6 August 2018 @ 16:44
    0 0
    Julian, Are your downside targets for AU in USD at the Dec. 2016 lows, or do you think it there is a reasonable probability it could fall further?