Quarterly Outlook
Equity outlook: The high cost of global fragmentation for US portfolios
Charu Chanana
Chief Investment Strategist
Access both platforms from your single Saxo account.
Technical Update - AEX25, BEL20 & CAC40
Kim Cramer Larsson
Technical Analyst, Saxo Bank Group
Summary: AEX25, BEL20 and CAC40 have reversed downtrends but Strength and Sentiment Indicator haven't yet confirmed it. But if buyers can stay in control previous peaks are in sight
AEX25 is back above 55 daily MA and the resistance at around 747.50 currently testing the 0.618 retracement.
RSI is still showing negative sentiment and must close above 60 to reverse that. But if AEX closes above 748 the Index is in an uptrend that could take the Index to test the upper Cloud span A. A close above is likely to push AEX higher towards February peak at around. 777.
But if RSI is rejected at 60 threshold AEX could experience a set back down to around 730. IF closing below 727 bear trend is resumed with support at around 712.
BEL20 is testing 0.618 retracement and the lower part of the Cloud – Span B at 3,795. RSI is still in negative sentiment suggesting we could see a correction in BEL20 from current levels possibly down to around 3,700.
But the short-term trend is up and if BEL20 closes above 55 daily MA and RSI closes above 60 it will give the uptrend further energy. BEL20 could test January peak at around 3,792.
However, if BEL20 closes back below 3,690 downtrend is likely to resume.
CAC40 is back above the Cloud testing 0.786 retracement and RSI is still showing negative sentiment. RSI must to close above 60 to reverse that. However, the short-term trend is up and CAC 40 could very well test all-time high once again.
If CAC40 closes above all-time highs at around 7,491 there is potential up to around 7,632.
However, if CAC40 slides back below 55 daily SMA and RSI is being rejected at 60 threshold bear trend is likely to resume.
Latest Market Insights
Quarterly Outlook
-
-
Quarterly Outlook
Commodity Outlook: Commodities rally despite global uncertainty
Ole Hansen
Head of Commodity Strategy
-
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
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
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
-
Quarterly Outlook
FX outlook: Tariffs drive USD strength, until...?
John J. Hardy
Global Head of Macro Strategy
-
Quarterly Outlook
Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges
Althea Spinozzi
Head of Fixed Income Strategy