Nasdaq, S&P Outlook: FOMC Correction Potential As Hope Drives The Bid
In four months US equities markets have went from aggressively bearish to aggressively bullish, even as a global pandemi... Read more
S&P 500 Index Dictated By Coronavirus Relief Bill Talks, FOMC Rate Decision
The S&P 500 stock index may fall ahead of the Federal Reserve interest rate decision on July 29 as coronavirus relie... Read more
Mexican Peso Price Forecast: USD/MXN Drives Monthly Low, USD Smashed
As the US Dollar gets smashed to two-year-lows, USD/MXN crawls down to it's own monthly low. But with FOMC on deck, vola... Read more
IBEX 35, CAC 40 Stock Indexes May Fall As Covid-19 Fears Heat Up
Spain’s IBEX 35 stock index may extend declines after breaking its 4-month uptrend. France’s CAC 40 equities benchma... Read more
US Dollar Index Poised To Climb Higher On Escalating US-China Tensions
The US Dollar index seems poised to climb on escalating US-China tensions after Beijing asks for the closure of the US c... Read more
Canadian Dollar Price Outlook: USD/CAD Breaks The Range
After building into a range that held for more than a month, USD/CAD bears were on the prowl this week. Read more
DAX 30 Stock Index Stalling At Yearly Open As German Bunds Test Key Resistance
The DAX 30 stock market index could be at risk of a short-term pullback as Germany’s 10-Year Bunds attempt to break th... Read more
USD Breakdown Slows: Can Buyers Swing A Pullback? EURUSD, GBPUSD
The US Dollar finally broke down under the strain of persistent selling since the Q3 open. But with another big support ... Read more
US Dollar, S&P 500 Stock Index Hinge On Coronavirus Relief Bill Talks
The US Dollar and S&P 500 stock index hinge on the potential for the US Congress to approve the proposed $1 trillion... Read more
US Dollar Breakdown: EUR/USD, AUD/USD, GBP/USD Break Outs
The US Dollar has finally broken below support; but now that it has, the question is sustainability of breakouts in majo... Read more
Canadian Dollar Outlook: USD/CAD May Slide On Upcoming Retail Sales Data
The USD/CAD exchange rate seems poised to slide to fresh monthly lows after failing to climb above sentiment-defining re... Read more
Gold Price Forecast: XAU, Gold Threaten Bullish Breakout
Gold prices opened the week with another fresh eight-year-high; but buyers so far appear to be approaching the matter ca... Read more
EUR/GBP May Rise On EU Summit, Escalating UK-China Tensions
EUR/GBP looks poised to rise as the Euro is buoyed by EU recovery fund progress while the British Pound is anchored by e... Read more
EUR/USD Eyes Fresh Highs After Break Of Bullish Chart Pattern
The EUR/USD exchange rate may climb to fresh yearly highs after validating the breakout of a bullish trend continuation ... Read more
US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD
It's been a climactic week across global markets and the US Dollar is showing breakdown potential after re-testing a key... Read more