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Wall Street stocks had a ‘V-shaped’ rebound after President Trump called to push through the fiscal stimulus. US jobless claim data disappointed. Japanese stocks may trade lower.

USD/CAD extends the rebound from the monthly low (1.3099) after carving a bullish outside day (engulfing) candle formation earlier this week.

AUD/USD may continue to decline as traders reassess the risks of a delayed fiscal stimulus package amid a spike in Covid-19 cases. Biden continues to lead in the polls.

The ASX 200 has been rangebound since early June, but has approached the topside of its range and threatens a bullish break out. Can bulls press higher or will resistance…

While supply-side disruptions have eased, copper prices continue near multi-year highs and upcoming Chinese GDP data could give copper bulls fuel to push higher

S&P 500 price action has gravitated lower over recent trading sessions as stocks slide due to reduced fiscal stimulus optimism, but fading election fears might support the broader equity index.

It looks increasingly like that the RBNZ will move to negative interest rates in 2021. Meanwhile, the RBA may be ready to move again this year.

GBP/USD may be brewing up a bear flag formation but nonetheless, there may be greener pastures elsewhere for GBP traders.

Gold prices are coiling below multi-month downtrend resistance with the recent recovery vulnerable here. These are the levels that matter on the XAU/USD technical charts.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bearish contrarian trading bias.