Australian Dollar Forecast – Australian Dollar Could Ride US-China Trade Hopes Higher Again

The Australian Dollar nonetheless fully lacks home financial coverage assist, and that may weigh on it extra closely in time. Nonetheless, for now commerce is operating the desk.

Oil Forecast– Crude Oil Prices Risk Fresh 2019 Highs as RSI Sits in Overbought Territory

Crude oil prices might commerce greater over the approaching days because the Relative Power Index (RSI) sits in overbought territory for the primary time in 2019.

British Pound Forecast – Leaning Towards a Softer Brexit?

A softer Brexit consequence is starting to look extra seemingly after the UK Parliament took a no deal Brexit off the desk, whereas the potential for a 12 months lengthy Article 50. delay might usher in a second referendum.

Gold Forecast –Prices at Risk with ECB Rate Decision, FOMC Minutes in Focus

Gold prices might fall if downbeat feedback from the ECB and the Fed spur haven demand for US Dollar. Decrease bond yields might assist cap the draw back.

Euro Forecast – Bearish, EURUSD May Fall on ECB. Brexit Deadline Near

The Euro outlook is bearish as EUR/USD may fall on the ECB and Mario Draghi press convention. Brexit is a wildcard after US-China commerce talks supplied little upside momentum for EUR.

Equities Forecast – Dow Jones, S&P 500, DAX 30 and FTSE 100 Fundamental Forecast

The beginning of earnings season in the USA will play a key elementary function for each the S&P 500 and Dow Jones. Elsewhere, Brexit and commerce wars stay key themes.

See what stay protection is scheduled to cowl key occasion danger for the FX and capital markets on the DailyFX Webinar Calendar.

See how retail merchants are positioning within the majors utilizing the IG Client Sentiment readings on the sentiment page.


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