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EUR/USD Bullish Price Sequence Pushes RSI Towards Trendline Resistance

Posted by By 01/10/2020Posted inForex
The Relative Strength Index (RSI) may offer a bullish signal for EUR/USD as it reverses ahead of oversold territory and approaches trendline resistance.
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S&P 500 Near Key Resistance After First US Presidential Debate. Who Won?

Posted by By 30/09/2020Posted inForex
The S&P 500 is trading near key resistance following the first US presidential debate. Subsequent polling data showed one candidate significantly outperformed his counterpart.
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Canadian Dollar Forecast: CAD/JPY Hovers Over Major Support

Posted by By 30/09/2020Posted inForex
The Canadian Dollar has weakened alongside equity markets in September, sending CAD/JPY to test major support. With the market tip-toeing between risk appetite and aversion, where is the pair headed?
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Dow Jones, Nasdaq 100, S&P 500 Forecast for the Month Ahead

Posted by By 30/09/2020Posted inForex
US equity markets concluded an expectedly volatile month of September with notable losses as investors juggled stimulus hopes with continued covid outbreaks and election uncertainty. What’s next?
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US Dollar: Ready to Rumble with High-Impact Data – EURUSD, AUDUSD

Posted by By 30/09/2020Posted inForex
We're now in the final hours of Q3 and the rest of this week brings a plethora of high-impact data points out of the US.
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Sterling Outlook: Pound Rebound to be Short Lived- GBP/USD Levels

Posted by By 30/09/2020Posted inForex
Sterling is testing a critical support pivot with the bears on notice heading into the October open. Here are the levels that matter on the weekly technical chart.
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Will Trade Wars Persist After the US Election?

Posted by By 30/09/2020Posted inForex
What will the global economy and international trade regime look like under a Trump or Biden administration and how will that impact foreign exchange markets?
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Gold Price Forecast: Losing Luster as Real Yields Turn Higher – Levels for XAU/USD

Posted by By 30/09/2020Posted inForex
Gold prices have struggled through September after being one of the best performing assets since global financial markets bottomed out in March.
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DAX 30, CAC 40 Technical Outlook Leans Neutral to Bearish

Posted by By 30/09/2020Posted inForex
European indices are in bounce mode, but is that all it is before another wave of selling comes, or more sideways chop?
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Rand Report: Why “Lower” Unemployment May Hurt the Rand, USD/ZAR

Posted by By 30/09/2020Posted inForex
Stats SA have released the unemployment figures for Q2 showing a decrease in unemployment at a time when the local economy contracted 51%, on an annual basis, in the same…
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