Nasdaq 100 Recovering? Biden-Trump Election Betting Spread Widens

The Nasdaq index may be at the beginning of a recovery as the Biden-Trump 2020 election betting averages widen to their broadest spread since mid-August.
Source: News FX

NZD/USD Price Outlook: Kiwi-Dollar Eyes RBNZ Decision & PMI Data

NZD/USD price action looks primed for potential volatility during Wednesday's trading session with the upcoming RBNZ decision and scheduled release of global PMI data.
Source: News FX

Nasdaq 100 Forecast: Exodus from Tech ETF Has Worrisome Historical Parallel

The Nasdaq 100-tracking QQQ ETF saw its largest outflow since October 2000 on Friday, revealing conviction behind recent declines in technology stocks. Will outflows continue?
Source: News FX

Canadian Dollar Price Forecast: USD/CAD Showing Reversal Tendencies

USD/CAD continues to carry hints of reversal potential, but will buyers back the bid to continue a short-term bullish trend?
Source: News FX

South African Rand: Risk-Off Mood Interrupts Recent ZAR Strength

With the global pandemic surging in Europe, the Rand has succumbed to a risk averse environment but will this just be a short-term blip before the ZAR continues its bullish run?
Source: News FX

EUR/USD Price Outlook: Euro Extends Slide to Probe Support Zone

EUR/USD price action remains under pressure after breaching its 50-day moving average, but the Euro now collides with a critical technical support level near the 1.1700-handle.
Source: News FX

EUR/USD, AUD/USD, DXY Charts and Technical Outlook

EUR and AUD look headed lower as USD is poised to continue to strengthen in the days ahead.
Source: News FX

UK to Face Lockdown Rules for as Long as 6 Months, GBP/USD Volatility Persists – US Market Open

Turnaround Tuesday thus far, UK faces lockdown 2.0, GBP volatility persists.
Source: News FX

Market Sentiment Still Negative Towards EUR/USD, GBP/USD, AUD/USD | Webinar

Trader confidence remains poor in riskier assets like stocks, the Australian Dollar and Sterling, while even gold, silver and the Japanese Yen are dropping as the US Dollar attracts most haven buying.
Source: News FX

AUDUSD analysis for 22.09.2020

The Australian dollar is acting weak against the USD. RBA Deputy Governor Guy Debelle Speaks.
The support rests at 0.71990 with resistance at 0.72490 which both lines are below the weekly pivot point at 0.72960. The EMA of 10 is moving with bearish bias in the ascendant channel and it is above the EMA of 200 and below the EMA of 100. The RSI is rising towards level 50, the MACD line is below the signal line in the negative territory and the Stochastic is showing upward momentum. The ADX is not showing any clear signals. The price is below the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a downward trend and the Kijun-sen is showing a horizontal trend.
Short positions are recommended towards 0.71700.

Source: fxglory