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US Dollar Outlook Hinges on Presidential Election, Covid-19, FOMC

Posted by By 31/10/2020Posted inForex
A significant rise in coronavirus infections and US presidential election jitters may buoy the haven-associated US Dollar ahead of the FOMC interest rate decision.
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S&P 500, DAX 30, FTSE 100 Forecasts for the Week Ahead (Charts)

Posted by By 31/10/2020Posted inForex
Stock markets could be in for some more turbulence with the U.S. election next week; lines and levels to watch on the charts.
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Crude Oil Volatility to Surge on FOMC Decision, US Presidential Election?

Posted by By 31/10/2020Posted inForex
Sentiment-sensitive crude oil prices may have a volatile week ahead of the highly-anticipated US presidential election and the FOMC rate decision.
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Euro Technical Outlook: EUR/USD Breakdown Aims For Multi-month Lows

Posted by By 31/10/2020Posted inForex
A Euro reversal off technical downtrend resistance now risks a larger correction in price. Here are the levels that matter on the EUR/USD weekly chart.
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AUD/USD Breaks September Low Ahead of RBA, Fed Rate Decisions

Posted by By 31/10/2020Posted inForex
The future implications of the US election may influence AUD/USD following the RBA and Fed rate decisions as Congress struggles to pass another round of fiscal stimulus.
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Gold Technical Forecast: Election Raises Volatility Risk, But Support Holds

Posted by By 30/10/2020Posted inForex
Gold prices declined in the aftermath of bearish technical cues, but a key zone of support was reinforced. XAU/USD volatility risk is elevated ahead of the US Presidential Election.
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GBP/USD Weekly Forecast: US Election the Main Risk, BoE to Boost QE

Posted by By 30/10/2020Posted inForex
USD awakens, placing GBP/USD on the backfoot, while EUR/GBP cracks 0.90.
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Gold Price Reverses Ahead of September Low with US Election on Tap

Posted by By 30/10/2020Posted inForex
The price of gold may trade within a defined range ahead of the US Presidential Election as it reverses ahead of the September low ($1849).
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How Will Markets React to the 2020 US Presidential Election?

Posted by By 30/10/2020Posted inForex
A second term of Trump or a first term of Biden could have significantly divergent outcomes for the U.S. economy and global financial markets.
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EUR/USD, AUD/USD, Gold – Charts for Next Week

Posted by By 30/10/2020Posted inForex
Next week is the U.S. presidential election, and with it we may see unusual levels of volatility that lead to some charts breaking or extending recent price breaks.
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