NZD/USD Pullback Takes Shape Amid Failure to Test September High
NZD/USD appears to have reversed course ahead of the September high (0.6798) as the US Dollar appreciates on the back of waning investor confidence.
Crude Oil Forecast: WTI Crude Oil Sinks to Fresh Four-Month-Lows
WTI Crude Oil broke down to a fresh four-month-low this morning; but found a bounce at an interesting level on the chart. Can sellers continue to push?
Gold Price Forecast: XAU/USD Pre-Election Breakdown to Monthly Lows
Gold is down 1.7% this week with price breaking to fresh monthly lows days ahead of the US Elections. Here are technical levels that matter on the XAU/USD weekly chart.
ECB Pre-Commits to More QE in December, EUR/USD and DAX Reaction
More stimulus on the way from the ECB as a second wave of COVID dampens outlook.
USD/CAD Eyes September High Following Break of Monthly Opening Range
Key market trends may continue to influence USD/CAD in November as the US Dollar reflects an inverse relationship with investor confidence.
How Will Markets React to the 2020 US Presidential Election?
A second term of Trump or a first term of Biden could have significantly divergent outcomes for the U.S. economy and global financial markets.
ECB Leaves Rates Unchanged, EUR/USD Remains Weak and Tests 1.1700
The European Central Bank (ECB) left all monetary levers untouched today, as expected, and will shortly add more color to its decision at the regular press conference
US Dollar Rally Pauses as 3Q GDP Report Tops Market Forecast
US Dollar is edging modestly lower in the wake of the 3Q-2020 GDP report that just crossed market wires, which posted the fastest quarterly growth rate on record.
Nasdaq 100 Technical Outlook in for a Big Test in Days, Weeks Ahead
The Nasdaq 100 is falling towards the top of the bull market channel it left behind in July; how price action unfolds soon could have big implications for the broader…
Euro Dollar Forecast: EUR/USD Apprehensive Ahead of ECB Meeting
EUR/USD faces political and economic pressure as Europe introduces fresh lockdown measures ahead of US elections.