US Dollar (DXY) Eyes Multi-Month Low But Speculators are Trimming Their Short Positions

The US dollar chart remains weak with a short-term series of lower highs and lower lows highlighting the greenback’s weakness. A new multi-month low may be on the horizon.

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Crude Oil Prices Eye US Jobless Claims Data as Lockdowns Return

Crude oil prices are taking their cues from market sentiment trends, tracking stock exchanges. US jobless claims data is now in focus as some states reinstate lockdowns.

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DAX 30, FTSE 100, Euro Stoxx 50 Outlook: Recovery Begins to Stall

DAX edges towards key pivot, Euro Stoxx 50 fails to hold 200DMA, while FTSE 100 momentum signals to downside risks

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British Pound (GBP) Latest: More Upside Likely in GBP/USD After Mini Budget

UK Chancellor Rishi Sunak’s summer statement has lifted GBP/USD and the pair may well continue to rise, although a period of consolidation first cannot be ruled out.

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US Dollar, S&P 500 Stock Index May Fall as Markets Eye Jobless Claims

The US Dollar and the S&P 500 stock market index may fall as market participants eye upcoming US jobless claims data.

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Gold Price Rally Pushes RSI Indicator Into Overbought Territory

The bullish behavior in the price of gold looks poised to persist as the Relative Strength Index (RSI) pushes into overbought territory.

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How AUD & NZD Exchange Rates Are Impacted by China’s Economy

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NZD/USD Eyes Yearly High, AUD/NZD Reversal Pattern May MArk Top

The New Zealand Dollar is aiming higher, with NZD/USD eyeing fresh yearly highs while AUD/NZD may be carving out a bearish Head and Shoulders chart pattern.

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S&P 500 Outlook: Market Shrugs Virus Case Surge, Hang Seng May Rise

The S&P 500 index climbed 0.78% on Tuesday despite a 2.7% jump coronavirus cases in the US. Asia-Pacific stocks aim to follow higher. Gold breaks US$ 1,800.

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EUR/USD Rate Eyes June High as Bullish RSI Trend Remains Intact

EUR/USD approaches the June high (1.1423) as the Relative Strength Index (RSI) continues to track the bullish trend from earlier this year.

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AUD Braces for China CPI Amid Strained Sino-Australian Relations

AUD will be closely watching the release of Chinese CPI data as geopolitical uncertainty surrounding Sino-Australia relations partially subdue the appeal of AUD/USD.

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Canadian Dollar Forecast: USD/CAD Languishes, NZD/CAD Breaks Out

While USD/CAD meanders around the same levels it has for weeks, NZD/CAD appears to be in the early stages of a break out. Are there further gains on the horizon?

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USD Price Outlook: US Dollar Tests Support as EUR, GBP, CAD Spike

The US Dollar takes another nosedive on Wednesday with the DXY Index trading off by more than 0.5% and near session lows, but will technical support hold as EUR, GBP and CAD rally against the USD?

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Gold Price Outlook: XAU Breakout Takes Out 1800 - Fresh 8-Year Highs

It only took eight years for Gold prices to climb back-above 1800; but now that is has, what's next?

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DAX 30, CAC 40 & FTSE 100 Forecasts for the Week Ahead

European indices missed out on the rally enjoyed by the Shanghai Composite and the Nasdaq 100, but will their recent consolidation prove healthier in the long run?

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S&P 500 Rallies as Key Insiders Dump Stock, Traders Add Shorts

The S&P 500 index may continue pacing higher as traders shift into an increasingly net-short position, but corporate insider activity flash worrying signals for broader market trends.

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GBP/USD Outlook Brighter, EUR/GBP Dimmer After UK Mini Budget

UK Chancellor Rishi Sunak’s summer statement included a package of spending measures broadly in line with expectations that will likely help keep GBP/USD trending higher and EUR/GBP lower.

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Australian Dollar vs New Zealand Dollar: AUD/NZD Nearing Key Support

NZD outperformance over AUD may soon end as RBNZ prefers a lower exchange rate.

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Gold Price Rally Continues Unchecked, XAU/USD Prints a Fresh 8-Year High

Gold continues to climb higher and has just printed a fresh eight-year high. The supportive trend from the early-June swing low remains in place but bullish sentiment is getting stretched.

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Gold Prices Aim Above $1800 After Chart Barrier Breach

Gold prices appear poised to probe above the psychologically-challenging $1800/oz figure after prices cleared near-term chart resistance.

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