Australian Dollar May Reverse as Markets Bet on Coronavirus Vaccine

The Australian Dollar may have bottomed against the US Dollar as bets of a coronavirus vaccine sank that Japanese Yen. This is as EUR/USD declined on fading dovish Fed expectations.

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Key NFP Charts to Analyze Ahead of the Big Day

Forecasting labor market strength in the United States remains a popular theme among investors and various tools, indexes, and surveys exist that could aid investors as they attempt to forecast the...

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Crude Oil Price Decline Stalls at Support as OPEC Discusses Production Cuts

Crude oil trades near bear market territory after falling nearly 20% from a recent high. With the demand outlook muddied, crude may struggle to reclaim lost ground.

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Gold Technical Forecast: XAU Breakdown Finds Fibonacci Support

Gold prices have pulled back aggressively in the early-portion of this week, wiping out all of last week's gains and then some.

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DAX 30 Price Forecast: Can the Index Escape its Range?

The DAX 30 has enjoyed a parabolic rebound this week after plummeting to support last Friday. Still, fundamental concerns remain, and they may work to keep the DAX in check.

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S&P 500 Price Outlook: SPX500 Rally Targets Fresh Yearly Highs

The S&P 500 Index surged more than 2.7% this week with the rally eyeing uptrend resistance at fresh record highs. Here are the levels that matter on the SPX500 chart.

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USD Strength Continues on Solid ISM Services PMI

ISM Services index continued to grow in January with a reading of 55.5, beating expectations of 55.1

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USD/CAD Tests Resistance: US to Canadian Dollar Price Analysis

USD/CAD had a rough month of December to cap off a 700-pip loss for last year. But already in 2020 half of that sell-off has been clawed back.

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Coronavirus Vaccine Talk Supports Risk, GBP Boosted by PMI Data, Tesla Bubble - US Market Open

Talk that a vaccine for coronavirus has been found boosted risk assets in early turnover, while Sterling (GBP) received a boost from stronger-than-expected UK PMI data. All eyes on Tesla.

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Crude Oil, Gold, S&P 500 – Charts to Watch & More

Oil is looking to try and bottom around support, gold has room to roll over some more, while stocks look to try and tack on more gains.

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Sterling (GBP) Boosted by Robust PMI Data, Euro-Zone Sentiment Nudges Higher

The final UK PMI release this morning showed the UK economy picking-up post-general election, led by the dominant services sector. Euro-Zone data was also better, easing recession fears.

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British Pound (GBP), FTSE 100 Latest: China Stimulus Brings Markets Hope

GBP/USD and the FTSE 100 are steadying after their recent weakness on the coronavirus outbreak, and Chinese measures to stimulate its economy are alleviating concerns, potentially helping their rec...

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Euro May Rise on Retail Sales as Traders Eye Key Debt Release

The Euro may rise on retail sales data for the holiday-packed month of December with eyes on the European Commission’s release of a paper on revising debt rules in the Eurozone.

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Gold Prices Higher on Virus Fears Despite Asian Stock Gains

Gold prices’ underlying haven bid remained strong through Wednesday’s session despite some cheer for riskier assets generated by hopes for more Chinese stimulus.

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US Dollar Positioning Outlook: USD/CAD and NZD/USD Trends Analyzed

The US Dollar may rise against the Canadian Dollar and New Zealand Dollar based on trader positioning signals as USD/CAD short bets accumulate and NZD/USD long bets increase.

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Singapore Dollar at Risk, USD/SGD Soars as MAS Brings Up Coronavirus

The Singapore Dollar fell against the US Dollar as USD/SGD rose after the MAS hinted a more-dovish tilt on concerns that the coronavirus could dent local growth as China’s economy slows.

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Bitcoin Forecast: Key BTC/USD Levels to Watch

BTC/USD has rallied over 30 percent year-to-date, but recent price action shows upside momentum is fading as it approaches what could be a trend-defining intersection.

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New Zealand Dollar, NZD/USD Outlook May Shift Bullish as Yen Sinks

The New Zealand Dollar outlook may shift bullish as NZD/USD spawns a reversal formation. The Yen sank as the S&P 500 rose on cooling Wuhan virus fears and the Fed injecting liquidity.

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Australian Dollar Forecast: AUD/USD, AUD/JPY Bounce Off Support - What's Next?

The Australian Dollar rallied off support on Tuesday as resurgent risk appetite and an uneventful RBA rate decision worked to boost the growth-sensitive currency. Can it tackle resistance?

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Bitcoin Price Outlook: BTC/USD Rally Falters- Crypto Trade Levels

Bitcoin is trading just below resistance after rallying more than 40% off the yearly lows- bulls at risk. Here are the levels that matter on the BTC/USD technical chart.

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