Forecasts & Analysis |
Gold, Silver, Copper Daily Forecast: XAU Eyes $2200 Ahead of Fed Insights
As gold flirts with $2200 ahead of critical Fed insights, market eyes turn to U.S. PCE data for future direction.
Natural Gas and Oil Forecast: Russia Production Cuts & Mideast Tensions; Buy Signal
Amid tightening supplies and geopolitical frictions, oil is on a bullish path, potentially reaching $100 a barrel as Russia cuts production and Middle East tensions persist.
NASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Retreats From Session Highs As NVIDIA Pulls Back
NVIDIA is down by 3% as traders take some profits off the table.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Mostly Flat After EIA Report
The EIA report indicated that U.S. domestic oil production remained unchanged, which is bullish for oil markets.
Gold, Silver, Platinum Forecasts – Gold Tests Key Resistance At $2190 – $2200
Gold traders remain bullish as central bank demand stays strong.
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Some Ground As Traders Stay Bullish
U.S. Dollar Index continues its attempts to settle above the strong resistance at 104.40 – 104.60.
Nasdaq 100, Dow Jones, S&P 500 News: Strong Performances, Bullish Outlook Prevail
Despite recent volatility, S&P 500 sentiment remains positive, driven by optimism on Fed cuts and strong corporate performance.
US Dollar (DXY) Index News: Fed’s Cautious Stance Boosting Greenback
Strong data lifts U.S. Dollar, weighing on yen. Investor sentiment shifts; Fed’s cautious stance boosts dollar, yen plunges to historic lows, Japan braces for defense.
Natural Gas News: Stockpile Surplus, Weather Trends Weigh on Prices
Mild weather and reduced demand impact natural gas futures, and despite production drops, surplus stocks continue to pressure prices.
Silver Prices Forecast: Struggling Amid Alternative Asset Competition
Silver faces tough competition from stocks and Bitcoin; its volatility swayed by bullish prospects shaped by inflation data and Fed policies.