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Nasdaq 100 Technical Outlook: FANMAG May Soon Send NDX Much Higher

Posted by By 08/12/2020Posted inForex
The Nasdaq 100 trend continues and may soon get a further boost from its leading group of stocks.
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Market Sentiment Neutral but Nasdaq, Copper, Iron Ore Trending Higher | Webinar

Posted by By 08/12/2020Posted inForex
Trader confidence is being pulled one way then the other, leading to largely static markets. However, trending assets can still be found, including US tech stocks and several commodities.
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USDCAD Price Outlook – Canadian Dollar Remains Firm Ahead of BoC Policy Announcement

Posted by By 08/12/2020Posted inForex
The Canadian dollar remains buoyed against the US dollar and the pair may get another shot in the arm from Wednesday’s Bank of Canada policy announcement.
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FX Week Ahead – Top 5 Events: Brexit, BOC & ECB Meetings, Mexican & US Inflation

Posted by By 08/12/2020Posted inForex
The second week of December brings about significant event risk from around the globe, including two central bank rate decisions and a potential conclusion to the Brexit saga.
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Euro Latest: EUR/USD Risks Balanced, EUR/JPY Challenges Key Trendline

Posted by By 08/12/2020Posted inForex
EUR/USD risks more balanced, pullbacks to find dip buyers. EUR/JPY challenges multi-year resistance.
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British Pound (GBP) Latest: GBP/USD Downside Risk as EU-UK Leaders Meet

Posted by By 08/12/2020Posted inForex
Boris Johnson and Ursula von der Leyen are to meet to try and thrash out a post-Brexit EU-UK trade deal but Sterling traders may be underestimating the chances that the…
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Nasdaq 100 Aiming Higher On Fiscal Aid Talks Despite Covid-19 Surge

Posted by By 08/12/2020Posted inForex
The tech-heavy Nasdaq 100 index could be at risk of a short-term pullback as rising coronavirus case numbers weigh on market sentiment. However, fiscal aid talks may limit the index’s…
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US Dollar Vulnerable as SGD, INR Gain with Emerging Markets. What are Risks?

Posted by By 08/12/2020Posted inForex
The US Dollar sank, with the Singapore Dollar and Indian Rupee rising. Emerging markets eye external risk as the first vaccine dose is circulated. With stocks at new highs, could…
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Crude Oil Price Forecast: MACD Death Cross Signals a Deeper Pullback

Posted by By 08/12/2020Posted inForex
Crude oil prices declined for a second day amid fears of a post-Thanksgiving viral resurgence which may dampen the demand outlook. Traders expect a 1-million-barrel draw from US crude inventories.
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Natural Gas Prices May Fall Further on Warmer Weather, Technical Outlook

Posted by By 08/12/2020Posted inForex
Natural gas prices may see further losses despite a perch above chart support after falling last week as NOAA called for warmer temperatures.
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