Uptrend Quotes

Yesterday's sell-off has stopped the recent uptrend in its tracks, with the (gold) price now squarely back in the middle of the broader $535-$575 range that has held since the middle of January. - Alan Williamson

We've seen a technical improvement lately, with the indexes breaking out of the recent downtrend... We think there's going to be an uptrend in the market through the end of the year, although it certainly won't be without hiccups. - John Hughes

We'll probably see the yen gain a little if the BOJ changes policy today, but I would expect any gains to be short-lived, and the dollar's uptrend to soon resume. - Junya Tanase

We will continue to see a yen downtrend and dollar uptrend due to the widening gap in interest rates between the two countries. - Mitsuru Sahara

We should have a rebound today as we are oversold but it will be very difficult for the market to resume an uptrend for now. - Linus Yip

Under the microscope it is clear that an important watershed is approaching. The short-term downtrend is about to come into conflict with the medium-term uptrend. Typically we would side with the longer-term move but the length of the downtrend from the high is a major cautionary note. - Barclays Capital

U.S. consumer confidence will push up the dollar by backing speculation the Fed will raise rates further. The dollar's uptrend will likely continue today. - Michiyoshi Kato

Today's rise is a good sign. What we're seeing is that the bulls are not dead and the market had bounced off key short-term lows, which is what you would expect from an uptrend. - Ken Tower

This masks what we think is a modest uptrend in the core CPI. - Peter Hooper

There isn't much momentum in the banking sector; the sector simply moved along the general uptrend of the market today. - Alex Wong