Indian Rupee, Nifty 50 Outlook: Technical Levels Pressured, Risks Brew

Are recent gains in the Indian Rupee and Nifty 50 warranted? Risks are brewing in the background, leaving USD/INR in a consolidative setting as the Nifty pressures resistance.

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Australian Dollar Dips as 1Q GDP Contraction Ends Record Growth Period

The Australian Dollar pulls back from January highs as the 1Q GDP report for 2020 signals an end to Australia’s record period of economic growth.

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New Zealand Dollar Technical Outlook vs Japanese Yen & British Pound

NZD/JPY continues to surge as it aims to challenge a critical inflection range while GBP/NZD flirts with key support and the prospect of aggravated selling pressure.

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Gold Price Levels to Watch Ahead of US Non-Farm Payrolls (NFP) Report

The price of gold may exhibit a bullish behavior ahead of the US NFP report as the pullback from the yearly high ($1765) reverses ahead of the May low ($1670).

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AUD/JPY May Rally With Stocks in Asia, Australian GDP in Focus

The Australian Dollar may extend its gains versus the Japanese Yen ahead of the release of Australian GDP data. Sentiment may also help push APAC stocks higher despite geopolitical strains.

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S&P 500 Forecast: Stocks Face Peril as Day of Reckoning Looms

Stocks continue to surge and propel the S&P 500 Index within striking distance of record highs as bullish equity investors overlook threats from US-China tension escalating, double-digit unemployme...

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Canadian Dollar Forecast: USD/CAD Extends Losses as Dollar Weakens

After suffering a break beneath support last week, USD/CAD continued lower and may suffer further losses in the days ahead as it grasps for support.

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US Dollar Spiking Lower Ahead of Services PMI & Jobs Data Due

The US Dollar keeps bleeding lower and sets the DXY Index on pace for its six-straight day of downside as USD price action weakens notably against major peers like the EUR, GBP, AUD and CAD ahead o...

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Dow Jones, Nasdaq 100, S&P 500 Forecasts: What is Fueling the Rally?

The US stock market has moved within reach of all-time highs as equities look to reclaim ground that was lost during the coronavirus crash. Is such a rebound warranted, and what is the driver?

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Dollar vs Mexican Peso Technical Outlook: USD/MXN Breakdown Levels

Mexican Peso surged more than 15% against the US Dollar with USD/MXN breaking to multi-monthly lows today. Here are the levels that matter on the technical charts.

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Trading Sentiment Upbeat for EUR/USD, GBP/USD, AUD/USD | Webinar

Traders are increasingly confident that the global economic recovery from the coronavirus pandemic will be swift and solid but they may be underestimating the risks posed by the turmoil in the US.

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Gold Upbeat as The US Dollar Continues to Crumble, Silver Nears a Full Retracement

Gold continues to probe higher, aided by a weak US dollar, while silver‘s recent surge may slow as resistance comes into view.

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Euro Stoxx 50, FTSE 100 Outlook: Rally to Challenge Key Resistance

Both Euro Stoxx 50 and FTSE 100 push higher in global relief rally. Topside challenges remain.

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Bitcoin (BTC) Jumps to Multi-Month High, Supportive Trend Back in Place

Bitcoin (BTC) rallies back above $10,000, making a fresh multi-month high, and if the supportive uptrend holds, further gains may be seen in the short- to medium-term.

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British Pound (GBP) Latest: Break Higher in GBP/USD Improves Outlook

GBP/USD has broken to the upside from a symmetrical triangle pattern on the charts, suggesting further gains to come even as the ongoing post-Brexit talks continue to make little progress.

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EUR/USD Looks Ahead to ECB as 'No Deal' Brexit Fears Return

The Euro has stalled at 8-week highs ahead of the ECB monetary policy announcement whilst ‘no deal’ Brexit fears have returned to haunt the British Pound.

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Gold Prices Rally, Crude Oil May Be in Limbo Ahead of OPEC+ Meeting

Gold prices rallied as the US Dollar sank in ‘risk on’ trade. Crude oil could remain in limbo ahead of this week’s OPEC+ meeting with all eyes on Saudi-Russia negotiations.

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AUD/USD Rate Nudges Higher as RBA Sticks to Status Quo

The Australian Dollar nudged higher after the Reserve Bank of Australia (RBA) kept the official cash rate (OCR) and the three-year yield target unchanged at 0.25%.

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USD/CAD Rate Eyes Price Gap from March Ahead of BoC Rate Decision

USD/CAD may struggle to fill the price gap from March if the Bank of Canada (BoC) takes additional steps to support the Canadian economy.

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Indian Rupee, Nifty 50 Outlook: Technical Levels Pressured, Risks Brew

Are recent gains in the Indian Rupee and Nifty 50 warranted? Risks are brewing in the background, leaving USD/INR in a consolidative setting as the Nifty pressures resistance.

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