S&P 500 Recovery in the Works? Biden Leading in Key Swing States
The S&P 500 index may be in the beginning of a recovery as Biden leads in key swing states following the last presidential debate.
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Nasdaq 100 May Pull Back, Eyeing 50-Day SMA for Support
The Nasdaq 100 index looks set to pull back amid bearish momentum in the near term. The 50-Day Simple Moving Average (SMA) line may ser...
Mexican Peso Technical Forecast: Bearish pressure remains underway
USD/MXN pushes lower towards a critical support level in the midst of continued political uncertainty
Gold Weekly Technical Forecast: Range Holds Ahead of US Election
A somewhat indecisive week for the precious metal, which maintains a narrow range ahead of the US election.
EUR/USD Weekly Outlook
EUR/USD’s rebound form 1.1612 resumed last week and hit as high as 1.1880. Though, a temporary top was formed with subsequent retreat. ...
GBP/USD Weekly Outlook
GBP/USD’s rebound from 1.2675 resumed last week and hit 1.3175, but retreated from there. Initial bias remains neutral this week first....
USD/CHF Weekly Outlook
USD/CHF’s decline from 0.9304 extended further to as low as 0.9030 last week before recovering mildly. Initial bias stays neutral this ...
AUD/USD Weekly Outlook
AUD/USD recovered ahead of 0.7005 last week but upside was limited well below 0.7243 resistance so far. Initial bias stays neutral this...
USD/CAD Weekly Outlook
USD/CAD’s decline from 1.3418 resumed last week and edged lower to 1.3081. But it then lost downside momentum and turned sideway. Initi...
GBP/JPY Weekly Outlook
GBP/JPY was bounded in range of 135.38/137.83 last week and outlook is unchanged. Initial bias remains neutral this week first. On the ...