S&P 500 Outlook: Ominous Sign Appearing as US-China Tensions Rise

US-China tensions raising headline risk . S&P 500 upside capped at key resistance.

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Australian Dollar (AUD) Latest: Outlook Brighter on Strong Chinese Exports

The Australian Dollar, which is seen widely as a proxy for the Chinese economy, looks well placed to advance further after news of an unexpected increase in China’s exports last month.

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BoE Policy Decision - GBP Picks Up But Central Bank Warns of Slumping Q2 GDP

The Bank of England left all policy levers untouched this morning but warned that UK GDP could slump by in Q2 and that unemployment may jump to 9% in the same period. Sterling rose by 30 pips again...

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GBP/USD May Fall as the Bank of England Strikes a Gloomy Tone

The British Pound may fall against the US Dollar if a gloomy tone from the Bank of England sets the stage for stimulus expansion and sours overall risk appetite.

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Gold Prices Coiling Up for Breakout, Crude Oil Pierces Trend Top

Gold prices may be coiling up for a breakout higher while crude oil prices have broken resistance guiding them lower since the beginning of the year.

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AUD/USD Levels to Watch Following Failed Run at March High

The failed attempt to test the March high (0.6685) warns of a potential shift in AUD/USD behavior as the exchange rate snaps the upward trending channel from March.

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Copper Prices Could Offer Best Coronavirus-Recovery Steer

With oil prices wilting under the weight of their own market dynamics, and stock markets infectiously optimistic, could the key industrial metal be telling an important truth?

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NZD/USD Rate Vulnerable as Former Support Offers Resistance

NZD/USD may face a more bearish fate ahead of the RBNZ meeting on May 13 as the former support zone around 0.6170 to 0.6230 appears to be acting as resistance.

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Japanese Yen Gains as S&P 500 Falls, Australian Dollar Vulnerable

The Japanese Yen rose as the S&P 500 fell after US private payrolls shrank by a record 20.2 million. Asia Pacific stock markets may fall, leaving the Australian Dollar at risk.

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GBP/USD Price Volatility Eyed by US Dollar; BoE & Jobs Data Loom

GBP/USD price action throttles lower ahead of the Bank of England and initial jobless claims scheduled for Thursday's trading session, which might fuel Pound Sterling to US Dollar volatility further.

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Canadian Dollar Price Outlook: USD/CAD Re-Tests Fibonacci Resistance

Turbulence has led to mean reversion, but that may not last for long as both the US and Canada release jobs numbers on Friday. Buckle up.

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Stock Market Forecast: Should I Sell in May and Go Away?

Will the ‘sell in May and go away’ stock market anomaly come to fruition this year amid coronavirus recession risk and rekindled US-China trade war tension? Or will Fed balance sheet growth and fis...

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FTSE 100 Forecast Ahead of the Bank of England Rate Decision

The FTSE 100 will look to the upcoming rate decision from the Bank of England as it attempts to break above various technical levels overhead.

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Turkish Lira Outlook: USD/TRY Eyes Record High

USD/TRY Edges Towards Currency Crisis High. Eyes on Turkey’s State Measures to Curb Turkish Lira Drop.

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US Dollar vs Mexican Peso Price: USD/MXN Tightens Towards a Breakout

The recent Mexican Peso pullback against the US dollar continues and is now threatening a supportive trendline as oil prices pick-up and risk sentiment increases.

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Dow Jones, DAX 30: Index & Commodity Charts to Watch

Stocks are at a bit of a crossroad here after pulling off from resistance, precious metals continue to trade sideways but with a bullish tilt so far.

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Canadian Dollar Outlook – USD/CAD Rally Looks to Be on the Horizon

USD/CAD has been in retracement mode since March; this may keep opportunities minimal for now, but price action suggests another run could be coming.

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US Dollar and Yen May Rebound on Recession Fears, ADP Eyed

The anti-risk US Dollar and Japanese Yen may rise if incoming economic data stokes worries about an emerging global recession.

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Euro Latest - EUR/USD Sinks Further as Storm Clouds Gather

The Euro remains under pressure against a range of currencies as Tuesday’s German Court ruling continues to reverberate.

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DAX, Euro Stoxx 50 Outlook: Upside Potentially Capped

Tight ranges give little sense of direction in both the DAX and Euro Stoxx 50. Eyes on topside resistance to cap upside.

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