Australian Dollar Forecast: Key AUD/USD Levels to Watch

US correction and fuelling expectations of RBA easing weighs on the Australian Dollar.

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British Pound Latest (GBP) - Are the UK and EU Nearing a Brexit Agreement?

GBP/USD to remain choppy, while optimism over EU-UK Brexit negotiations are rising.

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EUR/USD Rates May Extend Slide Lower on Covid-19 Second Wave Fears

The EUR/USD exchange rate is at risk of extending its slide lower as a ‘second wave’ of coronavirus infections in Europe notably sours risk appetite.

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Dow Jones Rebounds at 23.6% Fibonacci Level, Nikkei 225, ASX 200 Climb

Dow Jones Industrial Average futures climb in early Asia hours after rising 0.29% as the VIX volatility index fell. Asia-Pacific equities look for a relief rebound.

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USD/CAD Rate Searches for Resistance as RSI Tracks Upward Trend

USD/CAD trades to a fresh monthly high (1.3418) and the exchange rate may continue to search to resistance as the RSI tracks the upward trend established in September.

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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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