Dow Jones Pulls Nikkei 225, ASX 200 lower on Alarming Covid-19 Resurgence
The Dow Jones tumbled 2.29% on Monday as a rapid surge in coronavirus cases across the US and Europe dampened growth prospects. The Nikkei 225 and ASX 200 risk a…
AUD/USD Forecast: Chinese Industrial Profits Flash Global Growth Warning?
The Australian Dollar didn’t appreciate fading Chinese industrial profits as roadblocks risk undermining global growth recovery bets. Will AUD/USD fall on bearish technical cues?
GBP, AUD, USD Volatility to Swell on Cross-Continental Geopolitical Risks?
The British Pound, Australian Dollar and US Dollar may all experienced heightened periods of volatility as geopolitical risks in North America, Asia and Europe rattle global financial markets.
Canadian Dollar Outlook: USD/CAD, AUD/CAD, NZD/CAD, CAD/JPY
What is the Canadian Dollar technical outlook? USD/CAD is pressuring resistance, with AUD/CAD and NZD/CAD eyeing inflection points. CAD/JPY may fall but will a lasting trend unfold?
Gold Prices Wilt as Virus Spike Spurs Haven Demand. Biden Leading in Polls
Gold prices may continue to slip if concern about rising Covid-19 cases pushes the haven-linked USD higher amid waning recovery prospects. Biden continues to lead in the polls.
The Nasdaq 100 is Poised for a Volatile Week as Key Earnings Arrive
The Nasdaq 100 is in a precarious position ahead of a week that is surely one of the most important periods in months with big-tech earnings, GDP and the election…
USD Price Outlook: US Dollar in the Hot Seat as Election Nears
The US Dollar looks primed for heightened volatility this week as election risk intensifies and key themes like stimulus talks, equity earnings, and COVID-19 restrictions exacerbate uncertainty.
Australian Dollar Forecast: AUD/USD Grinds into Downtrend Resistance
Australian Dollar is poised for a breakout as price coils into multi-month downtrend resistance. Here are the levels that matter on the AUD/USD technical charts.
Germany 30 IG Client Sentiment: Our data shows traders are now at their most net-long Germany 30 since Mar 19 when Germany 30 traded near 8,568.70.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bearish contrarian trading bias.
Gold Price Forecast: XAUUSD Coils Ahead of Next Big Break
Gold prices are approaching three months of digestion following the aggressive bullish backdrop from this summer.