Australian Dollar Forecast: AUD/USD, AUD/NZD Levels to Watch

August 14, 2020 at 12:10PM

AUD/USD stalling, AUD/NZD makes key topside break on diverging monetary policy. Continue Reading…

From: Justin McQueen
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FX Street

Upside momentum in WTI falters near $40.50/bbl 28 September 2020

After printing fresh tops near $40.50 per barrel on Monday, prices of the West Texas Intermediate are now facing some selling pressure although they m

GBP/USD eases from one-week tops, still well bid around 1.2875-80 region 28 September 2020

The GBP/USD pair surged past the 1.2900 mark and shot to one-week tops during the mid-European session, albeit quickly retreated few pips thereafter.

EU's Sefcovic: UK position on Brexit far apart from what EU can accept 28 September 2020

The European Union's main message to the UK was on the much-needed acceleration of the trade deal, European Commission Vice President Maros Sefcovic s

USD/JPY to continue the consolidation phase amiad upbeat market sentiment 28 September 2020

The US dollar is under pressure as the market’s mood turned upbeat. The USD/JPY pair eased within range and trades around 105.35 as demand for safe-ha

Gold Price Analysis: XAU/USD bounces off 100-DMA support, climbs to $1866 level 28 September 2020

Gold reversed an early European session dip back closer to two-month tops and was last seen trading near the top end of its daily trading range, aroun

EUR/GBP weaker, meets support near 0.9020 28 September 2020

The strong start of the week by the British pound forces EUR/GBP to recede and test fresh 3-week lows in the 0.9025/20 band on Monday. EUR/GBP offered

Nikkei to challenge the long-term resistance at 23935/24115 – Credit Suisse 28 September 2020

The Nikkei 225 has surged higher after holding key support at 22880/50 to maintain its bull “triangle” and analysts at Credit Suisse look for a challe

AUD/USD extends daily rebound beyond 0.7060 supported by risk flows 28 September 2020

The AUD/USD pair closed the previous six trading days in the negative territory but started to erase its losses on Monday. As of writing, the pair was

EUR/USD Price Analysis: Next on the upside aligns 1.1700 28 September 2020

After recording fresh 2-month lows near 1.1650 on Friday, EUR/USD has started the week on quite an optimistic mood and managed to re-take the mid-1.16

US Dollar Index Price Analysis: Rally falters at the resistance line near 94.70 28 September 2020

DXY is eroding part of the recent gains and recedes to the initial support around 94.20 on Monday, where is located a Fibo level (of the 2017-2018 dro

EUR/JPY Price Analysis: A drop to the 200-day SMA is not ruled out 28 September 2020

EUR/JPY still navigates within a side-lined mood in the sub-123.00 region so far on Monday. The recent selling pressure seems to have met decent conte

US Elections: A decisive Democratic victory to hit the USD – Nordea 28 September 2020

The stakes are high and the result is far from clear in the US November elections. A Biden victory would drive EUR/USD higher, while his tax plans cou

Mexico Trade Balance s/a, $: $6.497B (August) vs previous $6.752B 28 September 2020

Mexico Trade Balance s/a, $: $6.497B (August) vs previous $6.752B

Germany proposes rule of law conditions for accessing EU's COVID recovery fund – Reuters 28 September 2020

European Union chair Germany has proposed a rule of law scheme for accessing EU funds in negotiations between member states and the European parliamen

USD/CHF: Scope for a correction higher with resistance seen at 0.9325/26 – Credit Suisse 28 September 2020

USD/CHF maintains base above 0.9200/9212 to suggest further corrective upside with next key resistance at 0.9344, per Credit Suisse. Key quotes “The c

NZD/USD climbs above 0.6560 on broad USD weakness 28 September 2020

The NZD/USD pair lost more than 200 pips last week but staged a rebound on Monday. As of writing, the pair was up 0.3% on a daily basis at 0.6562. Ris

EUR/GBP dives to multi-week lows, below mid-0.9000s 28 September 2020

The buying interest around the British pound picked up pace during the early European session and pushed the EUR/GBP cross to near three-week lows, ju

Singapore: Positive prospects for the industrial sector – UOB 28 September 2020

Economist at UOB Group Barnabas Gan reviewed the recent data from the industrial and manufacturing sectors in Singapore. Key Quotes “Singapore’s indus

CFTC Positioning Report: EUR net longs climbed further 28 September 2020

These are the main highlights of the CFTC Positioning Report for the week ended on September 22nd: EUR net longs climbed to fresh 3-week highs, clearl

UK's Truss: Making significant progress on trade deal with US 28 September 2020

"We need trade deals to protect us from others' protectionism," British Trade Minister Liz Truss said on Monday, as reported by Reuters. Truss further

Australian Dollar Forecast: AUD/USD, AUD/NZD Levels to Watch

August 14, 2020 at 12:10PM

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NEWS: ForexLive European FX news wrap: Currencies muted, stocks keep lower August 14, 2020 at 12:32PM

GBP/USD, USDJPY & More – USD Charts For Next Week

August 14, 2020 at 12:10PM

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