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Markets Week Ahead: Gold, EUR/USD, Nasdaq 100 Soar as US Yields Sink, Oil Tanks

Few high-impact events are expected in the coming days, with a shorter trading week in the U.S. due to the Thanksgiving holiday. This could lead to some consolidation of the most recent market moves.

US Dollar Outlook Shaky as Yields Tank, Setups on EUR/USD, GBP/USD, AUD/USD

This article explores the technical outlook for EUR/USD, GBP/USD and AUD/USD, focusing on price action dynamics and key levels in play

Canadian Dollar Outlook: USD/CAD Eyes Fib Resistance as Bulls Regain Upper Hand

USD/CAD’s technical signals have turned more positive after the pair recaptured its 200-day simple moving average and overtook a key rising trendline in play since June of last year.

S&P 500 Stalls at Trendline Resistance as Sentiment Sours Where Next for Stocks?

S&P 500 turns lower after failing to clear trendline resistance at 4,140, a sign that bullish momentum may be vanishing just as sentiment begins to sour again.

News Highlights: Top Global Markets News of the Day

Provided by Dow Jones Stocks Tumble as Delta Variant Sends Investors to Bonds U.S. stock indexes, oil prices and government-bond yields slid, amid concerns that the spread of the Delta coronavirus variant would hold back the global economy. Oil Prices Slide on Fears Delta Variant Will Crunch Demand Crude falls alongside stocks and government-bond yields as traders fret about a possible economic slowdown. U.S. Coronavirus Recession Lasted Two Months, Ended in April 2020 The announcement from the National Bureau of Economic Research also marks April as the official start of the economic recovery from the initial shock of the Covid-19 pandemic last spring.

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