Forex

Crude oil prices may seesaw between fiscal talks and corporate earnings with Brexit woes and the policy implications for a growing number of Covid-19 cases.

EUR/USD and EUR/GBP can be expected to tread water ahead of the European Council meting that starts Thursday and will discuss both the Covid-19 pandemic and EU-UK relations post Brexit.

The UK voted to leave the European Union over four years ago and we are now heading into the week when both sides, potentially, will finally say ‘deal or no-deal’.

Gold prices surged 4.2% off the September lows with the rally now approaching downtrend resistance. Here are technical levels that matter on the XAU/USD weekly chart.

The DXY Index is mired in a bearish technical quagmire as the fundamentals winds begin to shift to a headwind.

Path of least resistance is higher for S&P 500 in the absence of notable catalysts. FTSE 100 eyes de-facto Brexit deadline

The 200-Day SMA ($38.75) undermines the recent rebound in the price of oil as the simple moving average continues to track the negative slope from earlier this year.

Despite a post-RBA sell-off from a huge zone of resistance, AUD/USD bulls put-in a higher-low and prices jumped for the final three days of this week.

Gold’s resilience in the wake of fading fiscal aid hopes suggests that the price of Bullion may hinge on polling data ahead of US Presidential Elections in November.

The pullback from the August high in gold prices may be coming to the end of the road; the market is turning.