AUD/USD Price Forecast: Indecision Weighs in on Market Participants

Aussie bulls may run out of gas as price approaches new level of resistance. How will Q3 play out for AUD/USD?

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USD/CAD Sell-Off Continues, Focus Now on Multi-Month Low

The Canadian dollar continues to outperform its US counterpart, pushing USD/CAD down to levels last seen in March this year. This trend remains intact but warning lights are flashing.

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US Dollar, Gold, Silver Price Analysis: Cross Asset Correlation

Cross-Asset Correlations elevated as liquidity remains rife. Prevailing trends to persist as volatility drifts lower.

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British Pound (GBP) Outlook: Further Gains Likely for GBP/USD

GBP/USD continues to trend higher, largely on the persistent weakness of the US Dollar, with few signs yet of a pullback after the pair’s recent gains.

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Gold Prices Eye Record High, Rising with Stocks as the Dollar Falls

Gold prices look poised to challenge the record high above the $1900/oz figure. The metal is up alongside stocks while the haven US Dollar sinks.

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DAX 30 Stock Index Stalling at Yearly Open as German Bunds Test Key Resistance

The DAX 30 stock market index could be at risk of a short-term pullback as Germany’s 10-Year Bunds attempt to break through a pivotal inflection point.

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EUR/USD Rally Pushes RSI Into Overbought Zone for Third Time in 2020

EUR/USD trades to a fresh 2020 high (1.1602), with the appreciation in the exchange rate pushing the RSI into overbought territory for the third time in 2020.

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ASX 200 May Fall on Increasing Cases of Covid-19, Escalating US-Sino Tensions

The ASX 200 stock index continues to struggle at key resistance as rising cases of Covid-19 and escalating US-Sino tensions sour investor sentiment.

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Dow Jones Back to 27,000, Hang Seng Weighed by US-China Tension

The Dow Jones Index climbed to 27,000 on upbeat earnings. The Hang Seng Index fell after the US ordered a closure of China’s Houston consulate. The Offshore Yuan is under pressure.

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NZD/USD Rate Approaches 2020 High as Net Short Exposure Persists

NZD/USD appears to be on track to test the 2020 high (0.6733), with the RSI flirting with overbought territory amid the crowding behavior in the US Dollar.

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Yen Price Forecast: USD/JPY, AUD/JPY, CAD/JPY Charts & More

The Japanese Yen has surrendered gains notched earlier this year as safe-haven demand dissipates, but JPY price action looks constructive against its US Dollar peer despite potential for further we...

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Australian Dollar Outlook Bullish After AUD/USD Crossed Key Threshold

The Australian Dollar may extend its gains versus the USD as market optimism continues to punish havens and put a premium on risk-oriented assets.

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S&P 500 Forecast: Tesla Profitability Sees Stock Set for Index Inclusion

Four consecutive quarters of profitability has made Tesla eligible for inclusion in the S&P 500, even as the stock exhibits bubble-like symptoms. Elsewhere, a Microsoft beat could boost the Nasdaq.

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USD Breakdown Slows: Can Buyers Swing a Pullback? EURUSD, GBPUSD

The US Dollar finally broke down under the strain of persistent selling since the Q3 open. But with another big support level coming into play, can sellers continue to drive the move?

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Euro Price Analysis: EUR/USD Breaks Above Key Level of Prior Resistance

Bulls remain optimistic following the approval of a €750 billion recovery fund.

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Nasdaq 100 Forecast: Microsoft & Tesla Earnings Ahead, Beware of Bubbles

Tesla’s stock price has soared 260% in the year-to-date, outpacing other automotive makers and technology companies alike. The upcoming quarterly report will provide much-needed insight.

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US Dollar Drops to Huge Level: Risk of Breakdown if Support Fails

Weaker US Dollar remains the path of least resistance. However, focus resides at pivotal level.

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EUR/USD Hits an 18-Month High Then Wobbles After the US Orders China to Close its Consulate

EUR/USD hit its highest level since January 2019 in early trade but faded some of the move after the US ordered China to close its consulate in Houston.

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Crude Oil Prices May Turn Lower as US-China Tensions Heat Up

Crude oil prices may fall with stocks as escalating US-China tensions spook the markets. Gold prices may also suffer as the risk-off mood boosts the US Dollar.

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British Pound (GBP) Latest: GBP/USD Stable Despite Trade Deal Concerns

In a sign of Sterling’s underlying strength, GBP/USD has fallen only modestly on a report that the UK-EU negotiations on a post-Brexit trade deal are close to collapse.

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