Citi flags some medium-term signals from the formation of bullish and bearish outside year in 2020.
"Courtesy of CitiFX Technicals, a handful of yearly reversals completed across markets which are meaningful signals in the medium-term:," Citi notes.
– Bullish outside year: EURUSD, AUDUSD, GBPUSD, NZDUSD, ADXY, Silver, Copper, Bloomberg Industrial Metals Index, SPX Index, and KOSPI Index.
– Bearish outside year: DXY, BBDXY, USDSEK, USDCAD. USDKRW," Citi adds.