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Australian Dollar Eyeing Yearly High Ahead of RBA Minutes, Jobs Data

Posted by By 14/11/2020Posted inForex
The Australian Dollar is eyeing a push to fresh yearly highs on positive Covid-19 developments ahead of the RBA meeting minutes and employment data for October.
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Gold Price (XAUUSD) Forecast – Setting Up a New Trading Range

Posted by By 13/11/2020Posted inForex
After Monday’s heavy sell-off, gold is making baby steps higher but resistance lies ahead and further gains may prove difficult.
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GBP/USD Weekly Forecast: Sterling Eyes Final Stages of Brexit Negotiations

Posted by By 13/11/2020Posted inForex
GBP eye another showdown between the UK and EU with time running out for a UK-EU trade deal.
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Winners in FX Markets After US Presidential Election: CAD & MXN

Posted by By 13/11/2020Posted inForex
Both USD/CAD and USD/MXN rates showed significant weakness in the immediate reaction to the US presidential election results.
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Nasdaq 100 Outlook: Tech Stocks Consolidate Before Next Move

Posted by By 13/11/2020Posted inForex
The Nasdaq 100 has been subjected to considerable volatility this week, surging near a new all-time high before falling back to support around the mid-line of September’s move. Where is…
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Gold Price Ebbs, S&P 500 Wavers as Consumer Sentiment Worsens

Posted by By 13/11/2020Posted inForex
Consumer sentiment data from the University of Michigan just crossed the wires, which revealed a sharp decline, and appears to be weighing negatively on stocks as well as gold prices.
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USD/MXN Technical Outlook in Limbo as USD Still Has Loose Footing Against the Peso

Posted by By 13/11/2020Posted inForex
The Peso is still weighing on the Dollar in the near and intermediate-term, but longer-term outlook still remains tilted in favor of the Dollar.
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Bitcoin (BTC) Outlook – Positive Outlook But Beware of Volatility Risk

Posted by By 13/11/2020Posted inForex
Bitcoin continues to press higher and is looking at $17,000+ with little in the way of technical resistance to prevent fresh multi-year highs being printed. Beware of volatility pockets.
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Crude Oil Prices Eye JMMC Meeting as OPEC Look to Delay Production Hike

Posted by By 13/11/2020Posted inForex
Oil prices crude futures are on the backfoot to close out the week
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British Pound (GBP) Latest: Brexit Deadline, Covid Surge, Whitehall Infighting

Posted by By 13/11/2020Posted inForex
UK PM Boris Johnson is under increasing pressure ahead of the latest Brexit deadline as his chief adviser looks set to leave by Christmas
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