Forecasts & Analysis
Crude Oil Price Forecast – Crude Continues to Find Buyers
Crude oil markets were rather quiet during the early hours of Tuesday, which is actually a very bullish sign considering that we have recently broken out. In other words, nobody’s looking to sell.
Bitcoin Price Forecast – Bitcoin Continues to See Pullback
Bitcoin pulled back again during the early hours on Tuesday as we have dropped roughly 8%. Ultimately, this is a market that is a little overdone and needs the pullback in order to find value for people to start buying into.
Silver Price Forecast – Silver Continues to Grind Back And Forth
Silver has gone back and forth over the last couple of days, and as we wait for the Federal Reserve, it makes quite a bit of sense that we will continue to do so.
Stocks: Another Failed Breakout, More Uncertainty Ahead of the Fed
The S&P 500 index continues to trade above an over month-long upward trend line, as we can see on the daily chart.
EUR/USD Forecast – Euro Continues Lackluster Movement
The euro of course has been in a trading range for some time, and it looks as if we are going to see more of the same going forward.
NASDAQ 100 Price Forecast – NASDAQ 100 Takes a Breather Ahead of FED
The NASDAQ 100 fell hard during the early hours on Tuesday, as traders start to worry about what the Federal Reserve may say or do on Wednesday.
USD/JPY Forecast – US Dollar Takes Off After BoJ
The US dollar has rallied rather significantly during the trading session on Tuesday, despite the fact that the Bank of Japan raised interest rates by 1/10 of a percent.
Natural Gas News: Weather Patterns, Production Shifts Underpin
In a striking turnaround, US Natural Gas futures firm as cooler forecasts and production cuts fuel optimism, heralding a potential market rebound.
S&P 500 Price Forecast – Stocks Slide in Electronic Overnight Session
The S&P 500 fell during overnight trading on Tuesday, as traders prepare for the Federal Reserve announcement on Wednesday.
AUD/USD Forecast – Aussie Continues to Trade in Range
The Australian dollar has drifted lower during the early hours on Tuesday, as we await the Federal Reserve decision on Wednesday, and therefore is likely that we continue to see a little bit of like Lester and hesitation.