USD/CAD Rate Rebound Brings March/June Low on Radar

USD/CAD appears to be on track to test the March/June low (1.3315) for resistance as it breaks out of the range bound price action following Canada’s Employment report.

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AUD/USD at a Critical Juncture as Biden-Trump Spread Widens

AUD/USD is trading at what could be a trend-defining chart support as the US Dollar stages a comeback in tandem with a widening Biden-Trump spread.

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Dow Jones Forecast: Industrial Average Succumbs to Selling Pressures

The Dow Jones extended lower to start the week as US equities post their largest 3-day decline since March. Can technical support keep the Dow Jones afloat or will tech weakness reign supreme?

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Gold Price Forecast: XAU Bounces From Support, Gold Bulls on Return?

While Gold started August with strength, it finished with a whimper, and that's continued through the opening week of September trade.

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Dollar vs Mexican Peso Outlook: USD/MXN Ranges at Fibonacci Support

Mexican Peso has carved a well-defined range just below the September open. Here are the levels that matter on USD/MXN technical charts in the days ahead.

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Crude Oil Price Forecast: Crude Falters Alongside Tech as Selloff Broadens

Crude oil suffered a significant break down to start the week, falling to its lowest level since mid-June as a result. With risk appetite on the backfoot, will crude fall further now that support h...

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Euro Dollar Outlook: EUR/USD Indecisive as Political Pressure Looms

After four months of gains for the EUR/USD, price action has stalled around the psychological level of 1.1800

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DailyFX Education Summit: Trade Your Market

The DailyFX Education Summit will be held online from September 15 to September 17. Register now!

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Confidence in GBP/USD Ebbs, Gold and US Stocks Suffering Too | Webinar

Trader confidence in GBP/USD is ebbing away as the UK and EU squabble over Brexit. Meanwhile, market sentiment is also souring towards gold and US tech stocks, boosting USD.

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USD/ZAR Latest: Rand Falls on Dismal South African GDP Figures

After a 51% QoQ economic contraction, will USD/ZAR continue its bearish trajectory or will this be the catalyst for a shift in momentum?

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Japanese PM Frontrunner Signals Snap Election, USD/JPY Maintains Range

Japanese PM Frontrunner Signals Snap Election While Pledging Continuation of Abenomics

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Gold (XAUUSD) Price - Pressure on Supportive Trendline Increases as Trading Range Narrows

The price of gold remains stuck either side of $1,930/oz and is pressuring the multi-month supportive trend. Client sentiment is mixed despite retail traders being heavily long.

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British Pound (GBP) Latest: Further Losses Probable, No-Deal Brexit Comes Closer

The EU and the UK remain far apart on their post-Brexit relationship and, as the UK begins to prepare for no deal, GBP/USD and the GBP crosses look like falling further.

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Nasdaq, Dow Jones Could Extend Slide Amid Simmering US-China Tensions

The Nasdaq 100 and Dow Jones Industrial Average may extend declines as President Donald Trump suggests that the US economy could “decouple” from China.

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US Dollar Fundamental Forecast: USD/SGD, USD/IDR, USD/PHP, USD/MYR

The US Dollar may rise against the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit if stock volatility picks up pace, fueling emerging market capital flight.

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EUR/USD Rate Outlook Hinges on ECB Interest Rate Decision

The European Central Bank (ECB) interest rate decision on September 10 may influence EUR/USD if the Governing Council tames speculation for additional monetary support.

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DAX 30 May Lead Nikkei 225 and S&P 500 Higher, EU GDP Data in Focus

Germany’s DAX 30 stock index rebounded sharply ahead of the release of Eurozone 3Q GDP figures. The S&P 500 and Nikkei 225 index look set to rise.

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NZD/USD Rate Remains Under Pressure as RBNZ Prepares Stimulus Package

Recent remarks from the RBNZ appear to be dragging on NZD/USD as the central bank is “actively preparing a package of additional monetary policy tools.”

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Japanese Yen Outlook: Bank of Japan Policy to Push JPY Lower?

The Japanese Yen is at risk of extended declines as Prime Minister Shinzo Abe’s potential successor vows to maintain the current monetary policy framework.

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DailyFX Education Summit: Trade Your Market

The DailyFX Education Summit will be held online from September 15 to September 17. Register now!

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