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USD Price Outlook: US Dollar Selling Subsides – Levels to Watch

Posted by By 08/12/2020Posted inForex
USD price action edged higher across the board during Tuesday's trading session as US Dollar selling pressure subsides. What might be in store for the DXY Index ahead?
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AUD/USD Rate Outlook Hinges on Looming RSI Signal

Posted by By 08/12/2020Posted inForex
AUD/USD consolidates after trading to a fresh yearly high (0.7454), RSI may show the bullish momentum gathering pace as it flirts with overbought territory.
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Australian Dollar Forecast: AUD/USD Looks to Extend Gains Above 0.74

Posted by By 08/12/2020Posted inForex
AUD/USD may look to continue higher as USD weakness seems to persist across the board and the Australian Dollar enjoys gains from a recovering global economy. What can stop it?
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Gold Price Outlook: Gold Stages December Rally- Is a Low In Place?

Posted by By 08/12/2020Posted inForex
Gold surged more than 6.2% off the November low with the rally now eyeing the first test of resistance. Here are the levels that matter on the XAU/USD technical charts.
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Canadian Dollar Forecast: CAD Bulls in Control Ahead of BOC – Levels for CAD/JPY, USD/CAD

Posted by By 08/12/2020Posted inForex
The Canadian Dollar rally may be slowing, but a deceleration in gains doesn’t mean the bullish trajectory has been altered.
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Silver Price Forecast: XAG/USD Remains at the Mercy of Risk Sentiment

Posted by By 08/12/2020Posted inForex
The potential for additional fiscal stimulus drives price action into triangle formation.
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Swiss Franc Attracts Speculators as Brexit Concerns Hamper GBP/CHF, EUR/CHF Rates

Posted by By 08/12/2020Posted inForex
The Swiss Franc has attracted capital flows during the Brexit saga whenever it appears more likely that a ‘no deal, hard Brexit’ will take place.
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Crude Oil Price Forecast: Post-Breakout Flag Builds – Levels for Crude Futures

Posted by By 08/12/2020Posted inForex
Crude oil prices have been trading sideways for the past week, continuing the flag that was identified in the prior update.
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EUR/USD Analysis: RSI Holds in Overbought Zone Ahead of ECB Meeting

Posted by By 08/12/2020Posted inForex
The technical outlook for EUR/USD remains constructive as the RSI continues to track the upward trend established in November and holds in overbought territory.
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DAX Price Outlook: Germany 30 Index Showing Signs of Fatigue

Posted by By 08/12/2020Posted inForex
The DAX failed to break above the September high and now multiple indicators suggest a short-term retracement may be on the cards�
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