Canadian Dollar Outlook: USD/CAD Breakdown Stalls Posted by By 13/10/2020Posted inForex Canadian Dollar offensive may be vulnerable here as the USD/CAD sell-off stalls near trend support. These are the levels that matter on the Loonie technical charts.
Negative Interest Rates – Can They Stimulate The Economy? Posted by By 13/10/2020Posted inForex Negative interest rate talk is now commonplace among central bankers across the globe. What are they and do they work?
Gold Price Forecast: False Breakout Potential amid Return to Wedge – Levels for XAU/USD Posted by By 13/10/2020Posted inForex Gold prices have fallen back below a key trendline, suggesting that the bull rally may not be ready to resume quite yet.
GBP/USD, EUR/USD, DXY: Charts & Technical Analysis Posted by By 13/10/2020Posted inForex Cable chart is titled bullishly, Euro tentatively so, while the DXY works its way back towards a major long-term test.
Dow Jones, S&P 500, Nasdaq 100 Technical Outlook as New Highs Come in Focus Posted by By 13/10/2020Posted inForex The U.S. markets are heading back towards record territory; a few scenarios and levels to watch.
EUR/USD Remains Under Pressure as ZEW Data Fuels Uncertainty Posted by By 13/10/2020Posted inForex EUR/USD continues to struggle to break higher and the latest weak ZEW report will weigh further on the pair.
USD/JPY Price – Testing Support on Multi-Year Descending Triangle Posted by By 13/10/2020Posted inForex Price action may point toward further downside for USD/JPY as volatility is likely to increase.
Japanese Yen Forecast: CAD/JPY, GBP/JPY Levels to Watch Posted by By 13/10/2020Posted inForex Dips in CAD/JPY remain supported, while GBP/JPY is on Brexit headline watch.
British Pound (GBP) Latest: Trending Higher Despite UK Unemployment Rise Posted by By 13/10/2020Posted inForex The trend higher in GBP/USD that began last week is looking increasingly significant, suggesting more gains to come despite poor UK unemployment data.
S&P 500 Index Approaches Resistance Ahead of 3Q US Earnings Season Posted by By 13/10/2020Posted inForex The S&P 500 index’s three-week rebound may be running out of steam as a delay in a promising Covid-19 vaccine trial gnaws at investors’ sentiment.