Global Research Unlocked Technicals for 2026
Dec 20, 2025
Join Paul Ciana, a macro financial markets analyst at BofA Global Research, as he shares his insights on technical analysis for 2026. He discusses key indicators like RSI and MACD, explaining how they signal market trends. Paul predicts a bullish dollar-yen breakout and outlines potential yield increases in the U.S. 10-Year rates. He also expresses caution on gold while being optimistic about commodities and the S&P 500’s movement, hinting at new highs despite underlying challenges. A fascinating peek into future market dynamics!
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Combine Core Technical Indicators
- Use a mix of common indicators: moving averages, RSI, and MACD to capture trend, momentum, and shorter-term signals.
- Combine those with positioning, sentiment and flows for a fuller technical-framework view.
RSI Reveals Momentum Divergences
- RSI measures average up moves vs down moves and highlights momentum extremes and divergences that often precede trend endings.
- Divergences — price making higher highs while RSI makes lower highs — are particularly useful to spot trend exhaustion.
Technicals Begin With Price Charts
- Technical analysis begins with price charts but extends to positioning, sentiment, flows, seasonality and quantitative/CTA-like measures.
- Many market participants practise technicals implicitly when they read charts and use surveys or terminal tools.