EUR/USD may continue to retrace the decline from the yearly high (1.2011) as the exchange rate appears to be reversing course ahead of the monthly low (1.1696).
Bitcoin prices may continue to track higher on the back of Democratic presidential nominee Joe Biden’s lead in the polls and rising inflation expectations.
Wall Street stocks fell a second day on stalling fiscal stimulus efforts, which overshadowed strong corporate earnings. Australia’s ASX 200 index surged after the RBA hinted at more easings.
The Australian Dollar may extend losses after rising unemployment underscored an increasingly dovish RBA, opening the door to AUD/USD resuming August’s top on bearish technical cues.
NZD/USD may continue to retrace the decline from the yearly high (0.6798) as the Relative Strength Index (RSI) breaks out of the downward trend established in September.
The Nasdaq 100 is lodged between the all-time swing high at 12074 and the September uptrend – will the index breakdown or prevail? 2020 election polls show Biden leading in…
Gold looked to be in the midst of a falling wedge pattern, a technical formation that typically leads to a topside break out. After failing at resistance, gold may continue…
AUD/USD price action fluctuated within a 50-pip trading range over the last two trading sessions as the Australian Dollar searches for direction against its US Dollar peer. Can high-impact data…