Commodities

Gold Price Forecast: XAU Bulls Tempt Breakout - But Can They Drive?

Gold prices are threatening a bullish breakout as they trade above the historically important 1920 level. But can Gold b... Read more

Canadian Dollar Outlook: Retail Sales Data May Fuel USD/CAD Downtrend

Retail sales and inflation data is likely to dictate the outlook for the Canadian Dollar after the Bank of Canada confir... Read more

US Dollar Index Trades In Price Channel Ahead Of US Stimulus Deadline

The US Dollar index continues to trade within the confines of a Descending Channel ahead of the deadline on US Congressi... Read more

Canadian Dollar Price Forecast: USD/CAD Support, AUD/CAD Breakdown

USD/CAD is re-testing a key area on the chart, but the breakdown in AUD/CAD has been fairly clear following last week's ... Read more

S&P 500 Index To Track Progress On US Stimulus Ahead Of Deadline

The benchmark S&P 500 index’s near-term outlook continues to hinge on US fiscal aid talks as House Speaker Pelosi ... Read more

EUR/USD Outlook: Vulnerable To Further Losses On Muted Inflation

EUR/USD at risk of extending its retreat from the monthly high if upcoming inflation data put further pressure on the EC... Read more

AUD/USD Dips On Traders Recalibrating Fiscal Stimulus Risks. Biden Leads In Polls

AUD/USD may continue to decline as traders reassess the risks of a delayed fiscal stimulus package amid a spike in Covid... Read more

British Pound Price Forecast: GBP/USD, GBP/JPY, EUR/GBP

GBP/USD may be brewing up a bear flag formation but nonetheless, there may be greener pastures elsewhere for GBP traders... Read more

US Dollar Outlook: DXY Struggles As Fed Calls For Fiscal Stimulus

The US Dollar Index (DXY) could rebound on disappointing US jobless claims data as the Federal Reserve pleads for additi... Read more

Nasdaq 100 To Break Short-Term Uptrend? Biden Leading In Swing States

The Nasdaq 100 is lodged between the all-time swing high at 12074 and the September uptrend – will the index breakdown... Read more

Canadian Dollar Price Forecast: USD/CAD, AUD/CAD, GBP/CAD

USD/CAD just set a fresh monthly low and is nearing the vaulted 1.3000 level. CAD traders may have more attractive avenu... Read more

EU Stoxx 50 Index At Risk As Europe Tightens Covid-19 Restrictions

Europe’s benchmark EU Stoxx 50 index is at risk of reversing lower as a record increase in coronavirus infections thre... Read more

S&P 500 Overextended On Fiscal Stimulus Optimism? Biden Leads Trump

The S&P 500 has rallied along with other equity indices as optimism about a fiscal stimulus package swells. Betting ... Read more

EUR/USD Technical Outlook: Euro Makes Round Trip Back To Key Zone

EUR/USD has pushed right back down to a key zone of support. Can Sellers take control or will this zone exhibit yet anot... Read more

S&P 500 Index Approaches Resistance Ahead Of 3Q US Earnings Season

The S&P 500 index’s three-week rebound may be running out of steam as a delay in a promising Covid-19 vaccine tria... Read more