(MENAFN- DailyFX) Fundamental Forecasts:
Euro Forecast: ECB Meeting to Determine Next Major Move in EUR/USD
The longer-term EUR/USD outlook will hinge on Thursday's ECB guidance; any hint of a further easing of Eurozone monetary policy would weaken it, but that is far from guaranteed.
US Dollar Torn Between Q3 Corporate Earnings, US GDP Data, Virus Spike
The US Dollar may seesaw as investors navigate what could be a volatile week packed with US GDP data, rising Covid-19 cases, Q3 corporate earnings and more.
Sterling Weekly Forecast - Brexit Talks Continue, Is the End Game Near?
Talks between the EU and UK restarted today and will continue over the weekend as negotiators from both sides battle against the clock.
Nasdaq 100, DAX 30, Nikkei 225 Forecasts Ahead of Big Tech Earnings
Stocks are set to endure a string of data releases with market-moving potential in the week ahead in the form of tech earnings, European GDP and more, even as the US Presidential election clamors for the spotlight.
Gold Forecast: XAU/USD at the Mercy of a Fiscal Stimulus Deal
Gold prices lack broader direction as the precious metal trends sideways amid conflicting fundamental signals largely due to swings in real yields around fiscal stimulus negations.
Technical Forecasts:
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 serve as an immediate support.
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.
Mexican Peso Technical Forecast: Bearish pressure remains underway
USD/MXN pushes lower towards a critical support level in the midst of continued political uncertainty
Pound Technical Analysis: GBP/USD Maintaining Bullish Structure
As we round our way towards a new week, Cable is within the confines of a bullish structure with beginnings back in September.
Australian Dollar Technical Forecast: AUD/USD, AUD/JPY, EUR/AUD, GBP/AUD
The Australian Dollar was under selling pressure this past week, but it held its ground. Bearish patterns brew in AUD/USD and AUD/JPY . Will EUR/AUD , GBP/AUD try to break higher again?
US Dollar Technical Forecast: EUR/USD, AUD/USD, GBP/USD
The US Dollar has spent much of October giving back September's gains. Is there any hope for change?
US DOLLAR WEEKLY PERFORMANCE AGAINST CURRENCIES AND GOLD
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