Gold Prices May Drop if the FOMC Sours Stimulus Expansion Hopes
Gold prices may recoil from chart resistance if Fed officials signal that stimulus expansion is not in scope near-term at the final policy announcement of the year.
Natural Gas Prices May Rise on Temperature Outlook, Chart Setup
Natural Gas prices rose as colder temperatures looked likely across the southwest U.S. over the next two weeks. Near-term technical cues appear bullish but follow-through may be limited.
Dow Jones, S&P 500 Outlook: Turn Lower Ahead as Momentum Fades?
IG Client Sentiment is hinting that the Dow Jones and S&P 500 could turn lower ahead as upside momentum appears to be fading. What are areas of support to watch…
New Zealand Dollar Technical Analysis: NZD/USD, NZD/JPY, GBP/NZD
The cyclically-sensitive New Zealand Dollar looks set to extend its climb higher against its major counterparts. Key levels to watch for NZD/USD, NZD/JPY and GBP/NZD.
Nasdaq 100 Approaches All-Time High, Will Hang Seng and ASX 200 Follow?
The Nasdaq 100 index surged 1.25% and closed near its all-time high as traders awaited a bipartisan stimulus plan ahead of the FOMC meeting on Wednesday. The Hang Seng and…
Australian Dollar Analysis: AUD/USD Flirts with New Highs on US Stimulus Hopes
The Australian Dollar is flirting with fresh multi-year highs as renewed stimulus hopes in the U.S. bolsters market sentiment. Traders look ahead to the Federal Reserve decision and Australia's job...
USD Price Outlook: US Dollar Braces for Fed Decision, PMI Data
US Dollar veered back toward two-year lows as USD price action weakened against major FX peers like the Pound, Canadian Dollar, Yen and Euro. Volatility may accelerate with PMI data…
Canadian Dollar Forecast: USD/CAD Breaks Down. Will it Fall Further?
USD/CAD fell to its lowest level since April 2018 this week amid fresh USD weakness. Devoid of major nearby support, the pair could continue lower in the weeks ahead.
Euro Forecast: Bull Flags Take Shape in EUR/JPY, EUR/USD Rates
Both EUR/JPY and EUR/USD rates have retained their bullish posture, even as the Euro lags its peers elsewhere.
Brexit Latest: Deal Speculation Sinks Ranging EUR/GBP Rates
EUR/GBP rates have reversed lower in the confines of their multi-month triangle and sideways consolidation.