USD/MXN Technical Outlook Hinges on Direction of Stock Markets
The Peso has been getting crushed versus the Dollar, will likely continue if stocks keep selling off; big levels ahead to watch.
Australian Dollar Forecast: Key AUD/USD Levels to Watch
US correction and fuelling expectations of RBA easing weighs on the Australian Dollar.
British Pound Latest (GBP) – Are the UK and EU Nearing a Brexit Agreement?
GBP/USD to remain choppy, while optimism over EU-UK Brexit negotiations are rising.
EUR/USD Rates May Extend Slide Lower on Covid-19 Second Wave Fears
The EUR/USD exchange rate is at risk of extending its slide lower as a ‘second wave’ of coronavirus infections in Europe notably sours risk appetite.
Indian Rupee, Nifty 50 Technical View: USD/INR May Rise as Index Falls
The Indian Rupee may be at risk to the US Dollar as USD/INR attempts to refocus to the upside. This is as the Nifty 50, India’s benchmark stock index, could…
AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Sep 16, 2020 11:00 GMT when AUD/JPY traded near 76.69.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bearish contrarian trading bias.
Dow Jones Rebounds at 23.6% Fibonacci Level, Nikkei 225, ASX 200 Climb
Dow Jones Industrial Average futures climb in early Asia hours after rising 0.29% as the VIX volatility index fell. Asia-Pacific equities look for a relief rebound.
USD/CAD Rate Searches for Resistance as RSI Tracks Upward Trend
USD/CAD trades to a fresh monthly high (1.3418) and the exchange rate may continue to search to resistance as the RSI tracks the upward trend established in September.
AUD/USD at Key Support, Trump Popularity Edging Up Despite Virus Spike
AUD/USD may be at a turning point as the pair tests critical support following an intense selling bout. President Donald Trump’s popularity is slightly recovery ahead of the first presidential…
DAX 30 Price Outlook: German Index Broke Trendline Support, Now What?
The DAX 30 broke beneath a pivotal trendline this week which may have opened the door to further losses. With equity weakness persisting, where might the DAX find secondary support?