Australian Dollar Forecast: AUD/NZD May Rise On Positive Hong Kong GDP
Wall Street ended lower on the day as rising U.S. Covid cases pinged sentiment. Still, Asian economic data may boost ris... Read more
Nasdaq 100 Index Carving Out Bull Pennant Ahead Of US Inflation Data
The tech-heavy Nasdaq 100 index could be poised to break higher as prices carve out a Bull Pennant continuation pattern ... Read more
Japanese Yen: USD/JPY May Fall As Election Gives Way To Rising Covid Cases
The Japanese Yen may strengthen, causing USD/JPY to follow a falling wedge as election headlines fade away. The Covid si... Read more
US Dollar Clings To Long-Term Trendline, Confluent Support Lurks Below
USD weakness has run through the Presidential Election, but a major area of long-term support has come into play. Can it... Read more
EU Stoxx 50 Outlook: Rebound On Vaccine News Running Out Of Steam
The EU Stoxx 50 index could slip lower in the coming days as vaccine optimism begins to fade amid a backdrop of rising C... Read more
Russell 2000 Index May Continue To Rise On Rotation Trade, AUD/NZD Eyes RBNZ
Investors in the U.S. equity market continued to rotate out of tech as the 10-year Treasury yield climbed to its highest... Read more
Dow, Russell, Nasdaq Price Forecast: Equities Bifurcate On Covid News
Excitement punctuated this week's open but a number of questions remain on the Nasdaq, Russell and Dow. Read more
S&P 500 Aiming Higher On Vaccine Progress Despite Gridlock Fears
The S&P 500 index may continue to rise on positive Covid-19 vaccine developments despite Senate Majority Leader Mitc... Read more
USD/JPY May Rise On Vaccine Hopes Despite Election Dispute, Chinese CPI Eyed
Risk-on trading looks to continue following a broad-based rally during the U.S. trading session. Covid-19 vaccine hopes ... Read more
Gold Price Forecast: XAU Slammed To Support On Covid Vaccine News
When good news goes wrong, at least for Gold bulls, as the yellow metal is down approximately 5% after positive developm... Read more
British Pound Outlook: Looming Brexit Deadline May Weigh On GBP/USD
The British Pound may slide lower in the coming days on the lack of progress in Brexit negotiations ahead of the propose... Read more
Dollar May Turn Higher After US Election Outcome Applies Pressure
The US Dollar has turned lower as the outcome of the US presidential election solidified but the benchmark currency may ... Read more
Gold Price Outlook: Bullion Aiming Higher On Dovish FOMC, Biden Lead
Gold prices may continue to push higher on the back of the increasing likelihood of a Biden presidency, ‘Blue Wave’ ... Read more
EUR/USD Rates To Rise As Biden Closes In On Presidency Ahead Of FOMC
EUR/USD rates may move higher in the short term as a Joe Biden presidency becomes increasingly likely ahead of the FOMC ... Read more
EU Stoxx 50 Index Rebound At Risk As US Presidential Race Narrows
Europe’s benchmark EU Stoxx 50 index may reverse lower as the presidential race between incumbent President Donald Tru... Read more