DailyFX - Feeds all

DailyFX - Feeds all

Dollar vs Mexican Peso Price Outlook: USD/MXN Rally to be Short Lived

Posted: 07 Jul 2020 08:30 AM PDT

Mexican Peso is attempting to snap a five-day losing streak with USD/MXN rebounding off key support. These are the levels that matter on the technical charts this week.

Nasdaq 100 & Dow Jones Forecast: Are Stocks in for Another Leg Higher?

Posted: 07 Jul 2020 08:30 AM PDT

The Nasdaq 100 pressed to new heights as Asian equities surged higher on swelling volume. Will strength in other equity markets help extend the rally in US stocks?

Market Sentiment: Nasdaq, Gold and Copper all Trending Higher | Webinar

Posted: 07 Jul 2020 06:10 AM PDT

While many financial markets are currently moving sideways, Tech stocks, Gold and Copper prices are all looking technically positive as their prices continue to climb.

EUR/USD Slides After European Commission Downgrades Forecasts, Risks to the Downside

Posted: 07 Jul 2020 05:30 AM PDT

The latest European Economic Forecast warns of a deeper recession with wider divergences after the European economy suffered the deepest output contraction since World War II.

Copper Price: Rally Consolidates Back Into Supportive Trend

Posted: 07 Jul 2020 02:19 AM PDT

Copper's rally off its mid-March spike-low remains in place but fears over a further outbreak of COVID-19 are dampening further gains today.

British Pound (GBP) Latest: GBP/USD Still Struggling to Break Through 1.25

Posted: 07 Jul 2020 01:00 AM PDT

GBP/USD has yet to make a convincing break above the psychologically-important 1.25 level, with the near-term upside limited by strong resistance at that level.

CAC 40, IBEX 35 Poised to Fall Amid Souring Market Sentiment

Posted: 07 Jul 2020 12:00 AM PDT

France's CAC 40 stock index seems poised to fall alongside Spain's IBEX 35 equities benchmark as souring risk appetite weighs on European financial markets

Crude Oil Prices May Turn Lower as Covid-19 Fears Reemerge

Posted: 06 Jul 2020 11:39 PM PDT

Crude oil prices may fall as renewed fears about a second wave of Covid-19 lockdowns undermine risk appetite. Gold prices are struggling for direction.

US Dollar May Fall as 2021 GDP Outlook Remains Intact: ASEAN Forecast

Posted: 06 Jul 2020 10:00 PM PDT

The US Dollar is pressured as rising coronavirus cases fail to dent 2021 GDP bets. Could the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit rise?

Australian Dollar Rises as RBA Keeps Rates on Hold

Posted: 06 Jul 2020 10:00 PM PDT

The Australian Dollar continued to trek higher against its US Dollar counterpart as the Reserve Bank of Australia held interest rates steady.

Gold Holds Near 2020 High as Fed Main Street Program Goes Operational

Posted: 06 Jul 2020 09:00 PM PDT

Current market conditions may keep the price of gold afloat as the Boston Federal Reserve announces that the Main Street Lending Program is now "fully operational."

Bitcoin, Litecoin, Ethereum Outlook: BTC/USD, LTC/USD, ETH/USD

Posted: 06 Jul 2020 07:00 PM PDT

Bitcoin and Ethereum prices remain largely in range-bound trade, but a directionlsbias may soon be revealed while LTC/USD is gearing up for a potential spike.

S&P 500 Up as Virus Growth Slows, Asia-Pacific Stocks to Open Higher

Posted: 06 Jul 2020 06:00 PM PDT

The S&P 500 index climbed 1.59% last night as the Covid-19 growth rate fell below its 7-day average in the 'sun belt' states of the US. Asia-Pacific stocks aim to follow higher.

EUR/USD Bull Flag Still on Radar as RSI Preserves Bullish Trend

Posted: 06 Jul 2020 05:00 PM PDT

A bull flag formation remains on the radar for EUR/USD as the Relative Strength Index (RSI) continues to track the bullish trend from earlier this year.

AUD May Extend Gains on RBA Rate Decision After Wall Street Bounce

Posted: 06 Jul 2020 04:00 PM PDT

The Australian Dollar may glimmer in Tuesday's Asia-Pacific trading session as investors gear up for the Reserve Bank of Australia (RBA) rate decision.

Nasdaq 100 & Dow Jones Forecast: Are Stocks in for Another Leg Higher?

Posted: 06 Jul 2020 02:40 PM PDT

The Nasdaq 100 pressed to new heights as Asian equities surged higher on swelling volume. Will strength in other equity markets help extend the rally in US stocks?

Canadian Dollar Price Outlook: USD/CAD Stalls Ahead of Key Support

Posted: 06 Jul 2020 12:22 PM PDT

USD/CAD has been range bound over the past few weeks, with the 1.3500 area thwarting sellers on multiple occasions. Can bears take control?

DAX 30 Forecast: What Stock Will Replace Wirecard on the DAX 30 Index?

Posted: 06 Jul 2020 10:00 AM PDT

The accounting scandal that took down Wirecard has led to an implosion in share price for the tech stock, rendering it subject to removal from the DAX 30. What stock will take its place?
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