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DailyFX - Feeds all

DAX Outlook: EC Proposes Ambitious Recovery Package, DAX Soars

Posted: 27 May 2020 04:00 AM PDT

DAX risk rally gains traction as European Commission proposes ambitious recovery fund package

US Dollar vs Mexican Peso Outlook: USD/MXN Remains Brittle After Sharp Sell-Off

Posted: 27 May 2020 02:30 AM PDT

The Mexican Peso hit its highest level against the US dollar in more than 10-weeks yesterday and in doing so tested an important support level.

British Pound (GBP) Latest: GBP/USD Price Breakout Imminent

Posted: 27 May 2020 01:00 AM PDT

GBP/USD continues to trade within a symmetrical triangle chart pattern but a breakout is close and the need for tight stops has therefore risen.

EU to Unveil Covid-19 Recovery Fund Plan, Swiss Franc Sinking

Posted: 26 May 2020 11:30 PM PDT

The EU Commission will unveil its proposal for a regional recovery fund to counter economic pain amid the coronavirus outbreak. The Swiss Franc faces selling pressure.

Gold Price Forecast: May Low on the Radar Amid Negative RSI Slope

Posted: 26 May 2020 10:00 PM PDT

The price of gold may continue to give back the advance from the May low ($1670) as Relative Strength Index (RSI) establishes a negative slope.

FTSE 100, S&P 500, CAC 40 Forecasts: Analyzing Signals in Positioning

Posted: 26 May 2020 08:30 PM PDT

Signals from IG Client Sentiment hint that the FTSE 100 and S&P 500 could have room for weakness ahead as the CAC 40 attempts to climb towards key resistance.

Crude Oil Prices Struggle Despite Market Cheer, Gold Aims Lower

Posted: 26 May 2020 07:00 PM PDT

Crude oil prices are struggling to find fuel for a push higher despite buoyant risk appetite across global financial markets. Gold prices may be set to fall below $1700/oz.

AUD/USD Rate Faces Key Test as March High Sits on the Radar

Posted: 26 May 2020 05:30 PM PDT

The Australian Dollar has outperformed against all of its major counterparts so far in May, but AUD/USD faces a key test as it approaches the March high (0.6685).

Yen Sank Despite US-China Hong Kong Tensions, USD/JPY May Fall

Posted: 26 May 2020 04:00 PM PDT

The Japanese Yen and US Dollar sank as the Australian Dollar rose despite escalating US-China tensions over Hong Kong. USD/JPY may be readying to turn lower after clearing support.

S&P 500 Forecast: Break Out or Fake Out?

Posted: 26 May 2020 12:35 PM PDT

The S&P 500 broke above 3,000 for the first time since March 6 as risk appetite appears to drive equities higher. Will the bullish breach spark a continuation rally or is this a false break?

Hang Seng Forecast: Pressure to Build as Mass Protests Planned

Posted: 26 May 2020 10:00 AM PDT

The Hang Seng index remains vulnerable to political and social pressures as mass protests are planned for Wednesday in response to increasing interference from China
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