USD May Rise on Virus-Hit Q1 GDP Data & Jobless Claims Report

The US Dollar may catch a haven bid if secondary Q1 GDP data and jobless claims statistics rattle markets and puts a premium on anti-risk assets.

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Australian Dollar Analysis vs British Pound & New Zealand Dollar

GBP/AUD is trading within a critical support range just above a three-year uptrend as AUD/NZD retreats from five-year resistance. Is a selling streak ahead for both of these pairs?

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New Zealand Dollar, NZD/USD Eye Uptrend Resumption. Dow Jones Gains

The sentiment-linked New Zealand Dollar is attempting to resume its dominant uptrend, but NZD/USD struggled to capitalize on a turnaround in the Dow Jones today.

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US Dollar Eyes Rising China Tension as Jobless Claims Mount

US Dollar found support during Wednesday's trading session driven by rekindled safe-haven demand after Secretary of State Mike Pompeo declared Hong Kong no longer autonomous from China.

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Nasdaq 100 Price Outlook: Trading Range Remains Intact, Will it Break?

The Nasdaq 100 has long been the leader of the major US indices and may look to continue its melt higher as long as the ascending channel remains intact. What will create a break?

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Dow Rallies as Nasdaq 100 Drops - Swapping Trends or Topping Out?

For the past two months the Nasdaq 100 has handily outperformed the Dow but so far this week the script has flipped.

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S&P 500 Forecast: Break Out or Fake Out?

The S&P 500 broke above 3,000 for the first time since March 6 as risk appetite appears to drive equities higher. Will the bullish breach spark a continuation rally or is this a false break?

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DAX Outlook: EC Proposes Ambitious Recovery Package, DAX Soars

DAX risk rally gains traction as European Commission proposes ambitious recovery fund package

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Crude Oil Prices Struggle Despite Market Cheer, Gold Aims Lower

Crude oil prices are struggling to find fuel for a push higher despite buoyant risk appetite across global financial markets. Gold prices may be set to fall below $1700/oz.

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EU to Unveil Covid-19 Recovery Fund Plan, Swiss Franc Sinking

The EU Commission will unveil its proposal for a regional recovery fund to counter economic pain amid the coronavirus outbreak. The Swiss Franc faces selling pressure.

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US Dollar vs Mexican Peso Outlook: USD/MXN Remains Brittle After Sharp Sell-Off

The Mexican Peso hit its highest level against the US dollar in more than 10-weeks yesterday and in doing so tested an important support level.

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British Pound (GBP) Latest: GBP/USD Price Breakout Imminent

GBP/USD continues to trade within a symmetrical triangle chart pattern but a breakout is close and the need for tight stops has therefore risen.

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Gold Price Forecast: May Low on the Radar Amid Negative RSI Slope

The price of gold may continue to give back the advance from the May low ($1670) as Relative Strength Index (RSI) establishes a negative slope.

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FTSE 100, S&P 500, CAC 40 Forecasts: Analyzing Signals in Positioning

Signals from IG Client Sentiment hint that the FTSE 100 and S&P 500 could have room for weakness ahead as the CAC 40 attempts to climb towards key resistance.

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AUD/USD Rate Faces Key Test as March High Sits on the Radar

The Australian Dollar has outperformed against all of its major counterparts so far in May, but AUD/USD faces a key test as it approaches the March high (0.6685).

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Yen Sank Despite US-China Hong Kong Tensions, USD/JPY May Fall

The Japanese Yen and US Dollar sank as the Australian Dollar rose despite escalating US-China tensions over Hong Kong. USD/JPY may be readying to turn lower after clearing support.

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S&P 500 Forecast: Break Out or Fake Out?

The S&P 500 broke above 3,000 for the first time since March 6 as risk appetite appears to drive equities higher. Will the bullish breach spark a continuation rally or is this a false break?

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Hang Seng Forecast: Pressure to Build as Mass Protests Planned

The Hang Seng index remains vulnerable to political and social pressures as mass protests are planned for Wednesday in response to increasing interference from China

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

Dow Jones skyrockets higher as the stock market recovery continues on the back of coronavirus vaccine hopes and rebounding economic activity, but the 'sell in May and go away' anomaly still threate...

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Dow Jones Index Remains at Multi-Month High Following Consumer Confidence

The Dow Jones Index remains higher after The Conference Board's Consumer Confidence Index printed 86.6 for May, stabilizing the index from its sharp drop in the months prior.

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