Australian Dollar Outlook: AUD/USD Drops to Fresh Two-Month Low
AUD/USD price action fluctuated in a wide trading range on Thursday as bulls and bears battle over the market’s next direction, but the Australian Dollar closed the session in the…
Oil Price Outlook: Crude Caught at Resistance- WTI Breakout Pending
Crude oil prices are ranging, within a range just below long-term trend resistance and a breakout is brewing. Here are the levels that matter on the WTI technical chart.
Gold Price Forecast Sours as Losses Mount
Gold suffered a substantial pullback this week, erasing weeks of gains and severely damaging important technical structures. As a result, the outlook for the precious metal has soured.
IBEX 35 Forecast: Rising COVID Infections Exacerbates Bearish Technical Picture
The IBEX 35 index broke lower this week and continues to underperform against the DAX 30 Index and EU 50 Index, as Spain grapples with another round of lockdowns following…
USD/CAD Price Outlook: Canadian Dollar Recoils at 100-Day MA
Spot USD/CAD just reversed sharply lower after rejecting its 100-day moving average near the 1.3400-price level. Can the Canadian Dollar continue reclaiming lost ground or will USD/CAD resume its s...
S&P 500 Technical Outlook: Bears Challenge First Major Support
S&P 500 plummeted more than 10% off the record highs with price now testing the first major support zone. Here are the levels that matter on the SPX500 technical chart.
Dow, Nasdaq Price Forecast: Sellers Drive as Q4 Open Nears
It was a summer to remember for stock bulls - but now that the calendar has turned into fall, a different market tonality has begun to show itself.
No Respite for Euro as German Ifo Index Misses Expectations
Germany’s Ifo business climate index came in below economists’ forecasts in September, potentially adding further downside pressure on EUR/USD, which has been hit hard by US Dollar strength.
Gold Price Technical Outlook: Triangle Break Leading to Important 1800 Level
Gold broke out of a triangle to start the week, and is now heading towards an important area created back during the 2011/12 topping process.
US Dollar Winning the Safe-Haven Battle vs JPY and CHF
US Dollar takes the title of preferred safe-haven against the Japanese Yen and Swiss Franc