(MENAFN- DailyFX) Fundamental Forecasts:
Australian Dollar Outlook Hinges on Covid-19 Cases Ahead of RBA Rate Decision
The Australian Dollar looks set to extend gains against its major counterparts ahead of the RBA interest rate decision
USD/MXN Week Ahead: choppy price action to continue
Dollar weakness undermines USD/MXN performance as coronavirus cases continue to spook the market
Gold Price Weekly Outlook: Consolidating Near Record Highs
US Treasury real yields currently trade at, or close to, a record low, boosting the attraction of gold and underpinning any potential move lower.
USD Outlook Bearish on Earnings Data, Stimulus Talks, Accommodative Fed
The US Dollar may extend its losses as demand for the haven-linked asset dwindles amid strong corporate earnings from large-cap firms and uninterrupted support from the Fed.
Crude Oil Price Outlook Eyes OPEC Output Restart, US and China Demand
Crude oil prices may be torn between rising demand from the US and China as OPEC+ begins restoring output. Will the non-farm payrolls report give more life to WTI and Brent?
Nasdaq 100, DAX 30 & ASX 200 Forecasts for the Week Ahead
As the peak of earnings season fades into the rearview, equity markets will shift their focus back to more traditional economic data and possible election uncertainty in the United States.
Euro Forecast: EUR/USD Outlook Still Bright After Six Weeks of Gains
EUR/USD has now gained ground for six successive weeks, taking it back to levels last seen in 2018, and there is still no sign of its advance tiring.
Technical Forecasts:
Gold Price Forecast: Has Bullion Hit Resistance?
The extreme reading in the Relative Strength Index (RSI) may be accompanied by higher gold prices like the behavior seen earlier this year.
Euro Technical Outlook: EUR/USD Breakout Marks Week Six- Rally at Risk
The Euro rally is poised to mark a sixth week with the advance now testing critical technical resistance. Here are the levels that matter on the EUR/ USD weekly chart.
S & P 500, FTSE 100 Technical Forecast For Next Week
S & P 500 edging towards critical support, FTSE 100 makes bearish break heading into an seasonally unkind month
Japanese Yen Forecast: Can USD/JPY Get Out of Its Own Way?
USD/JPY rose sharply on Friday, but there are doubts as to whether it is a sustainable move.
British Pound Price Forecast: GBP/USD, GBP/JPY, EUR/GBP, GBP/CAD
It was a strong week for Sterling – but can it keep it up? GBP/USD and GBP/CAD put in explosive moves while GBP/JPY and EUR/GBP stare down significant obstacles on the chart.
US DOLLAR WEEKLY PERFORMANCE AGAINST CURRENCIES AND GOLD
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