XAU/USD Set Up for V-Shaped Recovery, Fibonacci Levels Offer Resistance

Gold has staged a quick price reversal after bouncing off 5-month lows but bearish pressure is still present

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FTSE 100 Eyes a Fresh Six-Month High as Confidence Returns

The FTSE 100 is setting up to trade at its best level since early-June as the recent Covid-19 vaccination announcement gives the UK big board a shot in the arm.

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British Pound (GBP) Latest: GBP/USD Waiting for Outcome of EU-UK Trade Talks

GBP/USD will continue to be pummeled by headlines suggesting progress, or the lack of it, in the continuing EU-UK talks on their post-Brexit relationship.

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Crude Oil Prices May Rise on OPEC+ Deal, Lasting Gains Are Suspect

Crude oil prices may rise if OPEC+ officials agree on a deal to slow-walk oncoming output increases due in 2021, but any gains might be fleeing as Covid-19 keeps demand soft.

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S&P 500 Index Outlook: RSI Divergence Hints at Pullback Ahead of NFP

The S&P 500 index could be at risk of a near-term pullback ahead of Friday’s Non-Farm Payrolls report as RSI divergence and fading volume hints at a rally running out of steam.

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