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GBP, USD Eye Brexit, Presidential Debate & Outlook for Stimulus Talks

Posted by By 29/09/2020Posted inForex
The British Pound and US Dollar will be contending with the rising geopolitical risks of Brexit, US fiscal stimulus talks and the first presidential debate in a data-packed week.
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AUD/USD to Stage Larger Rebound as RSI Reverses from Oversold Zone

Posted by By 29/09/2020Posted inForex
AUD/USD looks poised to extend the rebound from the monthly low (0.7006) as the Relative Strength Index (RSI) appears to be reversing from oversold territory.
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S&P 500 Surges on Fiscal Stimulus Hopes Ahead of Presidential Debate

Posted by By 28/09/2020Posted inForex
The S&P 500 surged after optimism about bipartisan stimulus talks crossed the wires and revived sentiment just less than 36 hours ahead of the first presidential debate.
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XAU/USD: Gold Price Attempts to Base as US Dollar Peels Back

Posted by By 28/09/2020Posted inForex
Gold prices advanced about 1% on Monday as precious metals aim to stabilize after falling sharply last week. XAU/USD likely recovered lost ground owing to a broad pullback in the…
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Why Did the Stock Market Rally Today? Nasdaq 100 Week Ahead

Posted by By 28/09/2020Posted inForex
US equities began the week with a show of force as they surged higher on the back of broad market strength. That said, the Nasdaq 100 will have to weather…
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Euro Forecast: Failed Breakouts or False Breakdowns? Levels for EUR/JPY & EUR/USD

Posted by By 28/09/2020Posted inForex
As the DXY Index has clawed back gains in recent weeks, EUR/USD rates have slid back. Their fates remain intertwined.
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Dollar vs Mexican Peso Outlook: USD/MXN Breakout Pending

Posted by By 28/09/2020Posted inForex
The Dollar gains keep mounting against the Mexican Peso with the USD/MXN rally now probing critical resistance. Here are the levels that matter on technical charts.
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Silver Prices Struggling – Will US Jobs Report Change Narrative?

Posted by By 28/09/2020Posted inForex
After an explosive start to the summer, the silver price rally has come to a screeching halt as the seasons have changed to the fall.
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Dow, Nasdaq Rally as USD Pulls Back to Start a Busy Week

Posted by By 28/09/2020Posted inForex
It's a big week as the door closes to Q3 and opens to Q4, and we have a busy economic calendar to work with.
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Canadian Dollar Forecast Another Loonie Letdown? Levels for CAD/JPY & USD/CAD

Posted by By 28/09/2020Posted inForex
USD/CAD rates have leapt higher in September, while CAD/JPY rates have sunk alongside crude oil prices and equity markets.
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