S&P 500 Near Key Resistance After First US Presidential Debate. Who Won?

The S&P 500 is trading near key resistance following the first US presidential debate. Subsequent polling data showed one candidate significantly outperformed his counterpart.
Source: News FX

Dow Jones, Nasdaq 100, S&P 500 Forecast for the Month Ahead

US equity markets concluded an expectedly volatile month of September with notable losses as investors juggled stimulus hopes with continued covid outbreaks and election uncertainty. What’s next?
Source: News FX

US Dollar: Ready to Rumble with High-Impact Data – EURUSD, AUDUSD

We're now in the final hours of Q3 and the rest of this week brings a plethora of high-impact data points out of the US.
Source: News FX

Will Trade Wars Persist After the US Election?

What will the global economy and international trade regime look like under a Trump or Biden administration and how will that impact foreign exchange markets?
Source: News FX

Rand Report: Why “Lower” Unemployment May Hurt the Rand, USD/ZAR

Stats SA have released the unemployment figures for Q2 showing a decrease in unemployment at a time when the local economy contracted 51%, on an annual basis, in the same period
Source: News FX

EUR/USD Price Remains Under Pressure on Lowly Inflation Expectations

The European Central Bank will need to act further if growth remains low and inflation subdued, President Christine Lagarde suggested earlier today, weighing on the single currency.
Source: News FX

USDCHF analysis for 30.09.2020

KOF Economic Barometer was reported above the forecasted rate and ZEW-CS Survey will be released in Switzerland. The US will publish ADP Non-Farm Employment Change and Pending Home Sales.
The support rests at 0.91990 with resistance at 0.92680 which the weekly pivot point at 0.92240 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 200 and 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 showing buy signal. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
Long positions are recommended towards 0.93000.

usdchf
Source: fxglory

GBPUSD analysis for 30.09.2020

GDP, Current Account and Business Investment data were reported in the UK. Pending Home Sales, Crude Oil Inventories and ADP Non-Farm Employment Change will be released in the US.
The support rests at 1.27800 with resistance at 1.28770 which the weekly pivot point at 1.27950 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 falling towards level 50, the Stochastic is showing downward momentum and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals.
GBPUSD is fluctuating within the Bollinger bands. While considering pullbacks, buyers can target 1.29500.

gbpusd
Source: fxglory

British Pound (GBP) Latest: GBP/USD Easing After Debate, UK GDP, House Prices

GBP/USD is slipping lower after the US Presidential debate led to a modest ‘risk-off’ tone in the markets. UK second-quarter GDP has been revised higher and UK house prices have risen again.
Source: News FX

EURUSD analysis for 30.09.2020

The consumer confidence indicator failed to empower USD. Traders are attracted to EURUSD.
The support rests at 1.17210 with resistance at 1.17570 which both lines are above the weekly pivot point at 1.17050. 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 falling towards level 50, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.

The chart may be creating a dead cat bounce. Considering the price growth buyers can target 1.17700 however the bearish pressure may push the price down towards 1.16800.

eurusd
Source: fxglory