Australian Dollar Analysis: AUD/USD Eyes 2020 High on Optimistic Sentiment

The risk-sensitive Australian Dollar was propelled higher along with a record-breaking day on Wall Street as markets cheered an improved picture for the 2021 outlook. The Asia-Pacific session may l...

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USD Price Outlook: US Dollar Eyes Fresh Two-Year Low as VIX Falls

USD price action is trading on its back foot again as the US Dollar stumbles toward two-year lows and the VIX 'fear-gauge' approaches pre-pandemic levels.

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Losers in FX Markets After the US Presidential Election: USD & Gold

Both the DXY Index and gold prices have exhibited weakness in the wake of the US presidential election results.

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Dow Jones Charges Above 30,000, What Can Stop the Rally?

The Dow Jones eclipsed 30,000 for the first time in history as covid vaccine hopes, potential stimulus and seasonality work to push the Industrial Average higher. Can anything stop this rally?

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USD/CAD Price Outlook: Canadian Dollar Climbs with Crude Oil

The Canadian Dollar is surging and steering spot USD/CAD price action sharply lower toward a critical technical support level as crude oil jumps to an 8-month high.

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Oil Price Outlook: Break of 3Q Range Sends RSI Towards Overbought Zone

Crude oil breaks out of the range bound price action from the third quarter, with the March high ($48.66) on the radar as the RSI approaches overbought territory.

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Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

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Mexican Peso Forecast: USD/MXN Rates Break Critical Support Region - Key Levels

USD/MXN rates have broken through critical support in recent days, continuing the pair’s descent since the US elections in early-November.

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EUR/USD to Face Range Bound Prices Amid Failure to Test Monthly High

EUR/USD may trade within a defined range ahead of the Thanksgiving holiday amid the string of failed attempts to test the monthly high (1.1920).

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Bitcoin (BTC) Eyes New All-Time High, Ripple (XRP) Rally Re-Ignites

Bitcoin (BTCUSD) looks likely to print a fresh all-time high soon, while Ripple (XRP) is back in the spotlight as volatility returns

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Will a Brexit Deal Force a Decisive Breakout in EUR/GBP Rates?

A Brexit deal is expected to be reached in the coming days.

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NZD/USD Outlook: Kiwi Flying High, NZD Looking Overvalued

NZD soars after NZ Finance Minister asks RBNZ to consider house prices. NZD risk-reward favouring pullback

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USD/ZAR Forecast: Global Sentiment Overshadows SA Ratings Downgrade

The ratings downgrade has added to South Africa's economic woes but the local currency continues to strengthen. How long can this go on before fundamentals play catch up?

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DAX 30 Forecast: US Presidential Transition, Vaccine News, DAX 40

DAX 30 looks set for another attempt at breaking key resistance, but bearish pressure could be building

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EUR/USD Price Nudges Higher as German Q3 GDP Beats Forecasts, US Dollar Slips

The German economy rebounded sharply in Q3, beating expectations, but the single currency is facing technical headwinds as it attempts to push higher against the US dollar.

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British Pound (GBP) Latest: GBP/USD Heading for September High Above 1.34

GBP/USD is well placed to hit the September 1 high at 1.3483 if resistance at the 1.34 ‘round number’ can be topped amid optimism about a post-Brexit EU-UK trade deal.

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Russell 2000, Dow Jones to Rise on Vaccine Results, Biden Transition

The Dow Jones and Russell 2000 indices seem poised to extend gains, buoyed by coronavirus vaccine progress and the triggering of the US presidential transition process.

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Gold Prices Tumble on Positive Vaccine News, ETF Outflows Accelerate

Gold pricesfell to a 4-month low following encouraging coronavirus vaccine trial results from Astra-Oxford. The world’s largest gold ETF has suffered an accelerated pace of redemption in recent weeks.

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Will Trade Wars Persist After the US Election?

What will the global economy and international trade regime look like under a Trump or Biden administration and how will that impact foreign exchange markets?

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US Dollar Still Sinking, What Are Upside Factors? USD/INR Eying Indian GDP

The US Dollar lost ground to most ASEAN currencies as Emerging Market assets climbed despite US economic woes. USD/INR is eyeing third-quarter Indian GDP at the end of the week.

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