US Dollar May Rise on US-China Trade War Risks, F-16 Jet Sale to Taiwan

The US Dollar may find itself in a favorable light if tension between the US and China over arms sales to Taiwan and delayed trade talks put a premium on haven-linked currencies.

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NZD/USD Rates Poised to Rise Despite Extension of Covid-19 Restrictions

NZD/USD rates appear poised to climb higher despite the extension of stage-three coronavirus restrictions in Auckland, New Zealand’s largest city.

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S&P 500 Hits Record High, USD at 2-Year Low, Hang Seng Trades Lower

The S&P 500 index climbed to its all-time high at 3,389. The US Dollar index fell to its lowest level seen since May 2018. Hang Seng Index may open lower.

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EUR/USD Rally Pushes RSI Into Overbought Zone Ahead of FOMC Minutes

It remains to be seen if the FOMC Minutes will derail the EUR/USD rally as the Relative Strength Index (RSI) climbs above 70 for the fourth time this year.

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AUD/USD Eyes Key Ceiling as US Dollar Slides Deeper into 2-Year Low

AUD/USD is flirting with key resistance and is in part being aided by strong risk appetite and relentless selling pressure in the US Dollar.

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Gold Price Forecast: XAU/USD Rebounds, Will the Bull Case Continue?

Gold has been a hot commodity in the year-to-date, surging in the wake of the coronavirus pandemic. A recent price pullback sparked concern, but many of the underlying tailwinds remain.

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VIX ‘Fear-Gauge’ Lifeless as S&P 500 Index Price Hits New Record

The VIX ‘fear-gauge’ is floundering with the S&P 500 Index closing at its all-time record high set in February prior to the onset of the coronavirus pandemic, but can stocks keep pressing higher?

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Japanese Yen Forecast: USD/JPY, CAD/JPY, AUD/JPY

The Japanese Yen has witnessed some dramatic price swings across a variety of pairs in recent weeks, but few of the longer-term trends have changed. Here are the levels that could see price moves a...

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Crude Oil Price Outlook Buoyed by Falling Volatility; PMIs Eyed

Crude oil price action could keep edging higher as risk appetite flourishes while market volatility bleeds lower, but upcoming Markit PMI readings might hint at a stalling economic recovery.

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US Dollar Bear Flag Breakout Begins - Key Levels for DXY Index

The US Dollar (via the DXY Index) has fallen to fresh yearly lows after consolidating for the first half of August.

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Euro, Pound & More: Charts and Technical Outlook

The EUR and GBP are trading against the top of recent ranges versus the USD; breakout or range some more?

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Bitcoin (BTC) Consolidating Before the Next Leg Higher or Running Out of Steam?

Bitcoin is nudging lower in early turnover after rallying in excess of $1,000 in the last week. If support holds then Bitcoin may look at highs seen in June last year.

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EUR/USD Latest: Fundamental and Political Drivers in the Spotlight

EUR/USD traders have their eyes set on upcoming fundamental factors for long-term directional bias while the short-term favors bulls. How long can the rally last?

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Gold and Silver Prices Push Higher as US Real Yields Turn Lower

Gold and silver are rallying hard and continue to pull-back last week’s sharp sell-off and their rallies may continue if US real yields slide further into negative territory.

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Crude Oil Prices May Track Stocks on Walmart, Home Depot Earnings

Crude oil prices may track stock markets as earnings guidance from retail giants Walmart and Home Depot shape the outlook on global economic growth.

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Japanese Yen Forecast: USD/JPY, NZD/JPY CHF/JPY Reversal

Japanese Yen paying close attention to US yields. NZD/JPY maintains seasonal pattern. CHF/JPY reversal?

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GBP/USD Rates Outlook Hinges on Upcoming Brexit Negotiations

The GBP/USD exchange rate’s outlook may hinge on upcoming Brexit negotiations as EU and UK officials attempt to deliver a free-trade deal before the flagged October deadline.

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USD/CAD Eyes January Low Even Though Canada Finance Minister Resigns

USD/CAD trades to a fresh monthly low (1.3185) even though Canada Finance Minister Bill Morneau resigns and steps down as a member of parliament.

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US Dollar May Rise on US-China Trade War Risks, F-16 Jet Sale to Taiwan

The US Dollar may find itself in a favorable light if tension between the US and China over arms sales to Taiwan and delayed trade talks put a premium on haven-linked currencies.

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Silver Price Outlook: Bull Flag Pattern Emerges Amid Rebounding Bond Yields

Silver prices may be gearing up for another surge higher, carving out a Bull Flag continuation pattern just shy of key chart resistance .

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