US Dollar Divided Between 3RD Quarter Corporate Earnings, Virus Spike, US GDP Data
US DOLLAR TECHNICAL FORECAST – BEARISH US GDP data for the 3rd Quarter might be strong, but the 4th Quarter will face tougher times ahead…
Forex
Mexican Peso Technical Outlook – Bearish pressure Still Underway
USD/MXN TECHNICAL OUTLOOK – BEARISH The USD/MXN seems to head into a new week of downtrend momentum with the Mexican peso still showing some resilience…
Forex Market Outlook for the Week October 26 – 30, 2020
In the upcoming week, America’s GDP growth rate for the third quarter will be in focus. There are a few other economic data scheduled for…
Benefits of Trading Online with XM Forex Broker
Finding the right broker is the most important decision you can make in the forex trading industry. By finding a broker that you trust and…
Australian Dollar Technical Outlook – AUD/JPY, GBP/AUD, AUD/JPY, AUD/USD
AUSTRALIAN DOLLAR, AUD/JPY, AUD/USD, GBP/AUD, EUR/AUD – TECHNICAL OUTLOOK Australian Dollar face selling pressure, but still, hold its place The bearish technical pattern in the…
AUD/USD Extends Weekly Gains Towards 0.7150 After Australian PMIs
The AUD/USD currency pair on Friday extended the current weekly gains towards the key level at 0.7150 following the latest round of PMI data. The…
Brazilian Real Weakens As Interest Rates Expected to Be Unchanged Next Week
The Brazilian real weakened against multiple currency rivals on Friday as markets are betting that the central bank will leave interest rates unchanged next week….
GBP/USD Pulls Back Off 10-Week Highs to Trim Weekly Gains
The GBP/USD currency pair on Friday extended the current 2-day pullback towards 1.3030 following the latest round of the UK and US data. The currency…