US Dollar Price Outlook: DXY Eyeing Yearly Lows Ahead of FOMC Minutes

The US Dollar Index (DXY) is eyeing a test of the yearly low on vaccine progress and robust economic data ahead of the release of the FOMC November meeting minutes.

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Crude Oil Prices Break Key Chart Resistance as Vaccine Rally Heats Up

Crude oil prices are propelled by vaccine breakthroughs and prospects for a swift economic recovery. WTI reached an 8-month high after breaking a key resistance. A large API inventory build may thr...

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Canadian Dollar Forecast: AUD/CAD, CAD/CHF Nearing Key Levels

An improving economic backdrop is bolstering crude oil prices and in turn, the Canadian Dollar. Still, the risk-sensitive Australian Dollar continues to move higher. However, CAD/CHF looks to be ne...

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Nasdaq 100 May Lead Hang Seng, ASX 200 Higher as Vaccine-Rally Carries On

Asia-Pacific stocks look set to follow strong US leads higher on Wednesday. Sentiment was lifted by positive vaccine news alongside a kick-off of a presidential transition in the White House.

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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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