AUD/USD at Key Support, Trump Popularity Edging Up Despite Virus Spike

AUD/USD may be at a turning point as the pair tests critical support following an intense selling bout. President Donald Trump’s popularity is slightly recovery ahead of the first presidential debate.

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Australian Dollar Outlook: AUD/USD Drops to Fresh Two-Month Low

AUD/USD price action fluctuated in a wide trading range on Thursday as bulls and bears battle over the market’s next direction, but the Australian Dollar closed the session in the red and at fresh ...

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DAX 30 Price Outlook: German Index Broke Trendline Support, Now What?

The DAX 30 broke beneath a pivotal trendline this week which may have opened the door to further losses. With equity weakness persisting, where might the DAX find secondary support?

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Gold Price Forecast Sours as Losses Mount

Gold suffered a substantial pullback this week, erasing weeks of gains and severely damaging important technical structures. As a result, the outlook for the precious metal has soured.

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USD/CAD Price Outlook: Canadian Dollar Recoils at 100-Day MA

Spot USD/CAD just reversed sharply lower after rejecting its 100-day moving average near the 1.3400-price level. Can the Canadian Dollar continue reclaiming lost ground or will USD/CAD resume its s...

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IBEX 35 Forecast: Rising COVID Infections Exacerbates Bearish Technical Picture

The IBEX 35 index broke lower this week and continues to underperform against the DAX 30 Index and EU 50 Index, as Spain grapples with another round of lockdowns following a rise in Covid cases

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Dow, Nasdaq Price Forecast: Sellers Drive as Q4 Open Nears

It was a summer to remember for stock bulls - but now that the calendar has turned into fall, a different market tonality has begun to show itself.

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No Respite for Euro as German Ifo Index Misses Expectations

Germany’s Ifo business climate index came in below economists’ forecasts in September, potentially adding further downside pressure on EUR/USD, which has been hit hard by US Dollar strength.

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US Dollar Winning the Safe-Haven Battle vs JPY and CHF

US Dollar takes the title of preferred safe-haven against the Japanese Yen and Swiss Franc

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British Pound (GBP) Latest: More GBP/USD Weakness Ahead of Sunak Speech

GBP/USD is continuing to slide on a strong US Dollar as traders wait for a speech by UK Chancellor Rishi Sunak in which he will announce new plans to support jobs through the winter.

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Dow Jones Industrial Average Eyeing 200-DMA as Risk Appetite Abates

The Dow Jones Industrial Average looks poised to slide back to its 200-day moving average as risk appetite continues to evaporate in the absence of additional stimulus

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Crude Oil Prices Swing Lower on Demand Concerns, Strong USD

Demand concerns and a rising US Dollar sent crude oil prices lower on Wednesday. Cloudy economic recovery prospects weighed on sentiment, despite falling US crude inventories.

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EUR/USD Rate Takes Out August Low as RSI Tracks Downward Trend

EUR/USD may face a further decline as it takes out the August low, while the RSI continues to track the downward trend carried over from the end of July.

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Gold and Silver Vulnerable on Stagnating Stimulus Talks, USD Resurgence

Gold and silver are at risk of extending their slide from monthly highs as the lack of additional fiscal stimulus and rising geopolitical tensions underpin USD.

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S&P 500 Breaks 23.8% Fibonacci, Hang Seng and Straits Times Fall

Asia-Pacific equities face a cloudy day ahead after a bloodbath US trading session. The US Dollar climbs, the VIX volatility index surges and risk assets are in a “risk off” mode.

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Market Outlook Ahead of the First Biden-Trump Presidential Debate

What is the outlook for financial markets ahead of the first presidential debate and how are Democratic nominee Joe Biden and President Donald Trump doing in the polls?

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NZD/USD Forecast: Bearish Price Sequence Brings August Low on Radar

NZD/USD appears to be on track to test the August low (0.6489) as it extends the series of lower highs and lows from earlier this week.

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EUR/USD Selloff to Accelerate? Biden-Trump Race for Florida Tightens

EUR/USD crossed a key threshold, potentially marking the start of a deeper reversal as the spread between Biden and Trump in Florida tightens; but what does general election data indicate?

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Nasdaq 100 Forecast: Exodus from Tech ETF Has Worrisome Historical Parallel

The Nasdaq 100-tracking QQQ ETF saw its largest outflow since October 2000 on Friday, revealing conviction behind recent declines in technology stocks. Will outflows continue?

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USD/CHF Price Outlook: Swiss Franc Falls Sharply Ahead of SNB

The Swiss Franc has floundered over recent trading sessions as the US Dollar strengthens sharply, which has sent USD/CHF price action ripping higher headed into a monetary policy update from the SNB.

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