Forex

The Dollar has bottoming potential, but that is starting to lose weight as it fails to sustain any lift; next week could be a big one for USD’s near-term outlook.

Technology stocks continue to be a source of weakness for US equities, undermining risk appetite. Meanwhile, US-China tensions simmer beneath the surface creating uncertainty.

Oil prices saw a reprieve to the recent selling pressure but remain at risk while below downtrend resistance. Here are the levels that matter on the WTI technical chart.

The growth-linked New Zealand Dollar may rise on the upcoming RBNZ rate decision following rosy economic data. However, downside potential in the S&P 500 could offset NZD/USD gains.

It was a quiet week in Aussie as AUD/USD put in its second consecutive week of indecision. But taking a more granular look highlights the potential for a reversal scenario.

Copper rose to a fresh multi-year high as Chinese demand and supply-side issues continue to support price action amid a lackluster US Dollar

Sterling remains trapped by overarching fundamentals drivers and both GBP/USD and EUR/GBP are going to have to wait until the Brexit dust settles.

The Dollar is off more than 0.35% this week with the index paring nearly half of the monthly recovery. Here are the levels that matter on the DXY weekly technical…

The Dow Jones has edged higher off session lows as stocks attempt to claw back recent downside after the release of consumer sentiment data, which improved and topped market expectations.

The RBNZ may distinguish itself from the BOC and RBA in the first half of 2021.