USD May Rebound as Election Polls Narrow in Key States – What Next?
The US Dollar may catch a haven big as the spread between Biden and Trump narrow in a handful of key states which may determine the fate of this election.
GBP Technical Analysis: GBP/USD, GBP/JPY, GBP/NZD Key Levels to Watch
The British Pound could come under pressure, as bearish technical setups begin to take place on multiple GBP crosses. GBP/USD, GBP/JPY, GBP/NZD levels to watch.
S&P 500 May Lead Nikkei 225 Higher as Biden Wins Key Swing States
US equity futures climbed as Biden took Michigan – a key swing state. Rising odds of a Democratic president boosted sentiment. The Nikkei 225 index looks set to trade higher…
US Dollar Pressuring Support, at Risk? USD/SGD, USD/IDR, USD/MYR, USD/PHP
The US Dollar on the defensive against the Singapore Dollar, with the Indonesian Rupiah gaining. USD/MYR is following a long-term falling trend line, with USD/PHP pressuring key support.
USD/CAD IG Client Sentiment: Our data shows traders are now at their most net-long USD/CAD since Oct 15 when USD/CAD traded near 1.32.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bearish contrarian trading bias.
Stocks May Surge if Biden Claims Nevada and Arizona After Michigan Win
The S&P 500 will continue to be on edge as votes in key states like Nevada and Arizona cross headlines. What are the margins looking like?
Dow Jones Price Outlook: Election Rally Sends DJIA to Overbought Territory
An aggressive stock rally that surrounding the election has seen the Dow Jones rally from oversold to overbought territory in mere days. With the election still undecided, where is it…
Nasdaq 100 Forecast: Tech Stocks Soar Despite Election Uncertainty
The Nasdaq 100 was more than 4% higher during Wednesday trading despite ongoing election uncertainty and a plethora of other event risk to round out the week. Does this signal…
Gold Price Forecast: XAU Election Breakout Drives Fresh Highs
Gold finally broke out of the falling wedge that had built for much of the past three months. But can bulls continue the move?
Gold Price Outlook: The Post-Election Battle for 1900– XAU/USD Levels
Gold prices are testing multi-month downtrend resistance as markets await final election results. These are the levels that matter on the XAU/USD technical charts.