All Market Live

Monday, 6 April 2020

EUR/USD May Fall on Covid-19 Eurozone Finance Minister Meeting

EUR/USD may break below key support if the meeting between Eurozone finance ministers inspires a liquidation in Euro crosses.

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Australian Dollar Steady As RBA Leaves Rates On Hold At Record Low

The Australian Dollar didn't move far despite a decision by its home central bank to leave rates alone. Futures markets had expected the third reduction since early March.

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EUR/USD Rate Eyes 2020 Low Amid Mixed Views Surrounding OMT

EUR/USD may continue to give back the advance from the yearly low (1.0636) as the exchange rate extends the series of lower highs and lows from the previous week.

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US Dollar Scarcity May Endure Despite Fed's Bold Coronavirus Response

The US Dollar suddenly seems scarce amid the coronavirus outbreak. That threatens short-term financing underpinning global supply chains, despite the Fed’s epic efforts.

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Euro, Crude Oil May Suffer From OPEC & Eurozone Political Rifts

The Euro and crude oil prices will be at the mercy of ongoing OPEC+ and Eurozone negotiations as members from each respective group attempt to reach a consensus on policy.

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AUD/USD Forecast: Wait-and-See RBA to Give Way to Bear Flag Formation

The RBA interest rate decision may do little to alter the near-term outlook for AUD/USD as the central bank is expected to retain the current policy in April.

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US Dollar, Japanese Yen Sink as Dow Jones Soars on Virus Easing Bets

The US Dollar and Japanese Yen fell as coronavirus cases seemed to stabilize in the US and Europe. The Dow Jones and S&P 500 soared. Local policymakers also hinted at more stimulus.

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Dow, S&P 500, Nasdaq 100 Pop to Fresh Three-Week-Highs

It was a brutal outing in March, but a different tone has so far shown in April.

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DAX 30 Price Outlook: Technical Traders Look to Overcome Resistance

The DAX 30 plummeted alongside other equity markets amid the recent stock market crash, with a peak-to-trough move of roughly -40%. Now, a recovery rally is looking to overcome resistance.

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AUD/USD Price Outlook: Virus Optimism Boosts Australian Dollar

Spot AUD/USD price action climbed over 100-pips during Monday’s trading session as risk appetite and the Australian Dollar recover, but will technical resistance thwart the rebound?

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British Pound Drops Abruptly After News Prime Minister Moved to Intensive Care

News broke in the afternoon that United Kingdom’s Prime Minister, Boris Johnson was admitted to the intensive care unit as precautionary measure as his coronavirus symptoms worsened. GBPUSD reacted...

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Dollar vs Mexican Peso Price Outlook: USD/MXN Fails at Key Resistance

Peso has plunged 23% YTD with the USD/MXN breakout taking price into resistance at fresh record highs. Here are the levels that matter on the weekly technical chart.

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Gold Price Ascends as Stimulus Continues, March High Now in Focus

Gold has edged higher to start the week as central banks and governments continue to pump liquidity into the global economy. In turn, the metal’s March highs around $1,704 are within reach.

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Canadian Dollar Forecast: USD/CAD Consolidates, Big Move Ahead?

USD/CAD edges lower after surging more than 5% last month. As the US Dollar breakout takes a breather, can the Canadian Dollar extend its recovery or is USD/CAD price action headed back higher?

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US Dollar Rises, Wall Street Falls. Oil Prices Surges, CAD Gains: Week Ahead

Wall Street edged cautiously lower last week as volatility cooled. The US Dollar soared. Crude oil prices surged in hopes of key output reduction bets, boosting the Canadian Dollar. The onslaught o...

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