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.
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.
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.
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.
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.