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Gold Price Outlook: Rising US Dollar Sinks XAU/USD, Will Losses Extend?

Posted by By 26/09/2020Posted inForex
Anti-fiat gold prices suffered the worst week since August as the US Dollar gained ground. Will losses extend? All eyes turn to fiscal stimulus hopes and non-farm payrolls data.
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Yen Technical Forecast: USD/JPY & AUD/JPY Rates Diverging

Posted by By 26/09/2020Posted inForex
The Japanese Yen churned sideways last week owing to mixed JPY price action across major FX peers like the US Dollar and Australian Dollar. This has caused USD/JPY and AUD/JPY…
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USD Volatility Ahead? Presidential Debate, Stimulus Talks & NFPs on Deck

Posted by By 26/09/2020Posted inForex
The US Dollar will be bracing for a cascade of political risks including the first presidential debate, ongoing stimulus talks, the Supreme Court vacancy against the backdrop of key employment…
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Nasdaq 100, DAX 30, FTSE 100, CAC 40 Forecasts for the Week Ahead

Posted by By 26/09/2020Posted inForex
Weakness in equity markets continued last week as losses built and technical patterns hint further bearishness might be ahead.
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Oil Price Rebound Stalls Ahead of Monthly High with OPEC on Sidelines

Posted by By 26/09/2020Posted inForex
The price of oil may continue to trade in a narrow range as the rebound from the September low ($36.13) appears to have stalled ahead of the month high ($43.43).
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Australian Dollar May Extend Fall Despite Easing Covid-19 Restrictions

Posted by By 26/09/2020Posted inForex
The Australian Dollar may extend its slide lower despite the planned easing of Covid-19 restrictions, as the market continues to price in an RBA rate cut on October 6.
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Gold Price Forecast: XAU/USD Plummets, Are the Bulls Done For?

Posted by By 25/09/2020Posted inForex
Gold prices have plunged nearly 11% off the record highs with a breakout risking further losses. Here are technical trade levels that matter on the XAU/USD weekly chart.
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GBP/USD Weekly Forecast: Cautious Optimism Signals a Brexit Deal is Near

Posted by By 25/09/2020Posted inForex
GBP turbulence persists as investors eye the next round of EU-UK Brexit negotiations. Cautious optimism signals a deal is near.
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South African Rand Price Forecast: USD/ZAR Breakout Potential Brewing

Posted by By 25/09/2020Posted inForex
South African Rand depreciates against major currencies but remains confined by trendline resistance
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EUR/JPY, USD/CAD, Nasdaq 100 – Charts for Next Week

Posted by By 25/09/2020Posted inForex
Lots of markets and currencies are on the move as a new week rolls around; a look at a few charts that may be of interest in the days ahead.
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