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Tuesday, 2 June 2020

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

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

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

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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 gr...

New Zealand Dollar Technical Outlook vs Japanese Yen & British Pound

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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 agg...

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

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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 t...

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

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The Australian Dollar may extend its gains versus the Japanese Yen ahead of the release of Australian GDP data. Sentiment may also help push...

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

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Stocks continue to surge and propel the S&P 500 Index within striking distance of record highs as bullish equity investors overlook thre...

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

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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 ...

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

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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 a...

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

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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. ...

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

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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 o...

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

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Traders are increasingly confident that the global economic recovery from the coronavirus pandemic will be swift and solid but they may be u...

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

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

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

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Both Euro Stoxx 50 and FTSE 100 push higher in global relief rally. Topside challenges remain. from DailyFX - Market News https://ift.tt/2...

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

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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...

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

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GBP/USD has broken to the upside from a symmetrical triangle pattern on the charts, suggesting further gains to come even as the ongoing pos...

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

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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 ...
Monday, 1 June 2020

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

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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 ey...

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

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

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

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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. ...

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

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