Tuesday, 11 August 2020

Australian Dollar Price Forecast: AUD/USD Threatens Reversal

It's been a strong outing for the Aussie since fresh lows in March, but might that bullish run be nearing its end?

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Euro Price Outlook: EUR/USD Builds Range – Chart Levels Eyed

EUR/USD price action has drifted sideways over the last few trading sessions as Euro strength putters out and helps the US Dollar claw back recent losses. Where is EUR/USD headed next?

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FTSE 100 Forecast for the Week Ahead: Key Data Due as Momentum Fades

The FTSE 100 will await key data from the United Kingdom as bullish momentum has begun to fade over the last few weeks. Can a strong showing revive risk appetite?

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Central Bank Watch: BOC, RBA, & RBNZ Rate Expectations; AUD, CAD, & NZD Positioning

Even as global growth appears to be getting back on track, central banks are in no hurry to raise interest rates.

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Mexican Peso Outlook at the Mercy of US Economic Trends

Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN.

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GBP/USD, AUD/JPY & More: Charts and Technical Outlook

GBP/USD is holding up nicely around big resistance while AUD/JPY builds bullish-looking pattern; charts and potential paths for these two and other pairs/markets.

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Gold Losing Shine on Rising US Rates, NZD/USD Volatility Soars - US Market Open

NZD volatility gauge surges ahead of RBNZ meeting, while Gold corrects lower as US rates surge.

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NZD/USD Outlook: Can Bulls Maintain Control Ahead of RBNZ Decision?

Fibonacci resistance holds strong ahead of RBNZ decision

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British Pound (GBP) Latest: GBP/USD Shrugs Off UK Employment Data, Focus Now on Q2 GDP

The latest UK employment release has barely moved Sterling with Wednesday's Q2 GDP data a more accurate barometer of the state of the UK economy.

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Gold Prices Sink as Inflation Expectations Drop and US Dollar Gains

Gold prices are on pace to suffer their largest three-day drop since late March as cooling inflation expectations undermine the metal’s store-of-value appeal.

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USD Index Forecast: Bear Flag Pattern Emerges Amid US Stimulus Talks

The US Dollar appears poised to resume its decline from the March high, carving out a Bear Flag continuation pattern just below key chart resistance.

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Monday, 10 August 2020

AUD/USD Forecast: Rate to Watch Ahead of Australia Employment Report

AUD/USD may stay afloat ahead of the update to Australia’s Employment report as the crowding behavior in the US Dollar carries into August.

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US Dollar Comeback Ahead? US-China Tensions Push Havens Higher

The US Dollar may rise on haven demand as US-China tension grows over technology and intra-governmental friction afterTrump’s executive orders on coronavirus relief aid.

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Natural Gas Price At Risk Of Pullback Amid European Storage Concerns

Natural gas prices may pull back after surging 23% in August as European storage facilities near capacity and OPEC+ hikes daily crude oil quotas.

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S&P 500 Faces Key Chart Barrier, Hang Seng Index Looks for Support

The S&P 500 index is set to challenge a key resistance at 3,360 – the 200% Fibonacci extension level. The Hang Seng Index looks for support at around 24,400.

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USD/CAD Rate Rebound Undermined by Crowding Behavior in US Dollar

Current market conditions may keep USD/CAD under pressure as the crowding behavior in the US Dollar persists.

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AUD/NZD Broke Half-Decade Ceiling. Tech Stocks Retreat on Sino-US Risks

AUD/NZD has crossed a key technical threshold after being rejected by descending resistance for five years. Technology stocks continue to suffer amid growing US-China tension.

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Dow Jones & DAX 30 Forecasts: Lagging Industrials Stymie Gains

The Dow Jones and DAX 30 continue to lag the tech-heavy Nasdaq 100 as their greater exposure to industrial sectors looks to keep a lid on explosive gains.

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Gold Price Forecast Bright & Volatile as USD, Real Yields Swing

Gold price performance has garnered quite a bit of market attention over recent weeks as the precious metal hits new all-time highs thanks to a parabolic rally fueled by falling real yields and US ...

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Dollar vs Mexican Peso Price Outlook: USD/MXN Range Breakout Imminent

Mexican Peso has carved the August opening-range just below trend resistance- breakout to offer guidance. Here are the levels that matter on USD/MXN technical charts.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...