Gold Price Forecast: 2012 High Back on Radar, RSI Eyes Overbought Zone

Gold prices have traded to fresh yearly highs during every single month so far in 2020, and the bullish behavior may persist as the RSI approaches overbought territory.

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AUD, NZD May Cautiously Extend Gains Despite Rising Virus Cases

The Australian and New Zealand Dollars may rise in Asia, but their ascent may be curbed by growing fear of rising coronavirus cases in the world’s largest economy.

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Fed Stress Test: Bank Stocks Trim Gains on Dividend Restrictions

The Federal Reserve concludes that banks will come under stress, but remain sufficiently capitalized amid various scenarios that model possible COVID-19 economic outcomes, but places some restricti...

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Canadian Dollar Forecast: USD/CAD, CAD/JPY & NZD/CAD Levels

USD/CAD, CAD/JPY and NZD/CAD have recently begun to consolidate near support as each pair negotiates various themes and considerations. Here are the key levels to watch.

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Mexican Peso: USDMXN Rises on Bank of Mexico Rate Cut

Mexican Peso price action drifted lower following the country's central bank cutting its overnight rate by 50 basis points, as expected.

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US Dollar Price Outlook: USD Awaits a Big Week on the Econ Calendar

The US Dollar took on a bearish tone earlier this week; but soon found support and began to bounce. The next week is busy on the economic calendar for the USD.

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Dow Jones, Nasdaq 100, S&P 500 Forecasts: Stocks Pulled Higher by Tech

The Nasdaq 100 pressed to record heights this week as just a handful of big technology stocks continue to drag the rest of the market higher. Is this sustainable?

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Dollar vs Mexican Peso Price Outlook: USD/MXN Rally Testing June High

The US Dollar is attempting a third weekly rally vs Mexican Peso with USD/MXN now testing the monthly highs. Here are the levels that matter on the technical charts.

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Gold Price Outlook: Real US Rates Matter More than US Dollar for Gold

Gold prices hover around a near 8yr high, however, the US Dollar has not been the main driver.

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Gold Prices at Risk as Covid-19 Case Growth Rise Lifts US Dollar

Gold prices fell with stocks as the US Dollar gains amid worries about a pickup in Covid-19 case growth. The chart setup warns deeper losses may be ahead.

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British Pound (GBP) Latest: GBP/USD and FTSE 100 Under Pressure Again

Both GBP/USD and the FTSE 100 index are slipping lower on concerns about a surge in coronavirus cases in the US and the biggest one-day rise in infections in two months in Australia.

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EUR/USD, GBP/USD Rates at the Mercy of US Trade Talks

EUR/USD and GBP/USD may continue to slide as US-EU trade tension fuels risk aversion.

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Euro at the Mercy of US-EU Trade Tensions Again. US Dollar to Rise?

The Euro may find itself again surrendering to the US Dollar as renewed EU-US trade tensions threaten to imperil European growth prospects at a time of unprecedented vulnerability.

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EUR/USD Levels to Watch as Bull Flag Formation Takes Shape

EUR/USD pulls back from the weekly high (1.1349), but a bull flag formation may unfold over the coming days as the RSI preserves the bullish trend from March.

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Japanese Yen Outlook: AUD/JPY May Drop on Geopolitical, Virus Risks

AUD/JPY’s slide may intensify as US-EU trade tensions and the continued rise in global coronavirus cases fuels risk aversion.

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Asia-Pacific Stocks Set to Fall on Virus Concern; Crude Oil Prices Tumble

Stocks across the Asia-Pacific may fall sharply after a bloodbath trading session on Wall Street, as virus concerns contained risk appetite. Crude oil prices tumbled over 5%.

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NZD/USD Rate Vulnerable Following RBNZ as RSI Snaps Bullish Formation

NZD/USD may continue to give back the advance from the start of the month as the Relative Strength Index (RSI) snaps the upward trend carried over from March.

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AUD, APAC Stocks at Risk on US-EU Trade Tensions, Rising Virus Cases

The Australian Dollar and Asia-Pacific stock markets may be at risk to a selloff contagion during Wall Street trade amid mounting geopolitical tensions and rising Covid-19 cases.

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Dow Jones, Nasdaq 100, S&P 500 Forecasts: Stocks Pulled Higher by Tech

The Nasdaq 100 pressed to record heights this week as just a handful of big technology stocks continue to drag the rest of the market higher. Is this sustainable?

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Gold Price Eyes Jobless Claims Data as New Virus Cases Spike

Gold shows bullish breakout potential as the precious metal tops the $1,760-price level and sets its sights on eight-year highs amid exceptionally high unemployment and spiking coronavirus cases.

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