XAU/USD, Equity Markets Anxiously Eye First Presidential Debate

Gold prices and stock markets will be nervously eyeing the first 2020 US presidential debate between Joe Biden and Donald Trump amid ongoing US fiscal stimulus talks.
Source: News FX

Canadian Dollar Forecast: CAD/JPY Hovers Over Major Support

The Canadian Dollar has weakened alongside equity markets in September, sending CAD/JPY to test major support. With the market tip-toeing between risk appetite and aversion, where is the pair headed?
Source: News FX

DAX 30 Forecast: What to Expect in the Week Ahead

The DAX 30 rebounded to start the week until a continuation higher was undermined by weakness in US equities. Consequently, price has stalled at nearby resistance.
Source: News FX

Central Bank Watch: BOE, ECB, & Fed Rate Expectations; EUR/USD, GBP/USD, & USD/JPY Positioning Update

The ECB has seen rate cut odds creep forward, while BOE odds are unmoved by the latest Brexit headlines.
Source: News FX

US Dollar Price Forecast: USD Pulls Back as US Data Releases Begin

September has so far brought a bullish bump into the USD – but can it last through the next four days of high-impact data releases out of the US?
Source: News FX

GBP/USD, GBP/JPY, USD & More: Charts & Technical Analysis

Sterling looks vulnerable versus both USD and JPY, DXY pullback is taking price into support zone.
Source: News FX

How Does the Stock Market React to the First US Presidential Debate? – US Market Open

With all eyes on the First US Presidential Debate, here is how the stock market typically reacts.
Source: News FX

Market Sentiment Rally Lifts EUR, GBP, AUD, but Stocks Lag | Webinar

Trader confidence is rising in the FX market, benefiting ‘risk-on’ currency pairs like EUR/USD, GBP/USD and AUD/USD. However, there is less confidence in the stock markets.
Source: News FX

AUDUSD analysis for 29.09.2020

There are no major economic reports in Australia but there will be FOMC Members’ talks.
The support rests at 0.70770 with resistance at 0.71350 which the weekly pivot point at 0.71200 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is rising towards overbought area, the MACD line is above the signal line in the positive territory and the Stochastic is showing upward momentum. The ADX is showing buy clear signal. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing an upward trend and the Kijun-sen is showing a downward trend.
Long positions are recommended towards 0.71650.

Source: fxglory

Japanese Yen Outlook: Key USD/JPY Levels Amid Month-end Rebalancing

USD/JPY and cross-yen faces upside risks in the short term amid month-end rebalancing.
Source: News FX