Author

        David Becker Articles

        2 days ago

        Natural Gas Technical Report for May 1, 2017

        Natural gas prices moved higher on Friday, as colder than normal weather is expected to cover most of the east coast over the next 8-14 days according to the most recent forecast from NOAA.  Colder weather during the spring adds additional heating demand which could help buoy natural gas.  Thursday’s slightly larger than expected build … Continue reading Natural Gas Technical Report for May 1, 2017

        Crude Oil Monthly
        2 days ago

        Crude Oil Price Analysis for May 1, 2017

        Crude oil prices attempted to move higher on Friday, climbing approximately 1/3% following news that Russia has complied completely with its production cut promises. With OPEC set to meet in May to determine if they should extend their production cuts, this message from a Non-OPEC producer is a welcome sign. Production in the U.S. is … Continue reading Crude Oil Price Analysis for May 1, 2017

        2 days ago

        Gold Price Prediction for May 1, 2017

        The deluge of European data showed mixed results, but Eurozone inflation and M3 growth point to higher inflation, which failed to buoy gold prices.  The yellow metal remains rangebound, edging lower forming a small bear flag pattern which is a continuation pattern, where prices could next test support near a horizontal trend line at 1,241. … Continue reading Gold Price Prediction for May 1, 2017

        2 days ago

        EUR/USD Daily Technical Analysis for May 1, 2017

        There was a deluge of European data on Friday, headlined by stronger than expected European inflation which was telegraphed on Thursday as German released country and state inflation figures.  The currency pair rose to the top end of the range, but was unable to pierce through resistance levels, and closed well off the highs of … Continue reading EUR/USD Daily Technical Analysis for May 1, 2017

        2 days ago

        Euro Jumps on Surprise EU Inflation Figures

        European stock markets are mixed, with the FTSE 100 underperforming following weaker than expected Q1 GDP numbers which will give the BoE some room before having to tighten rates. Eurozone markets managed to stabilized and are posting modest gains. It is the DAX that is underperforming flat on the day, while MIB and IBEX are … Continue reading Euro Jumps on Surprise EU Inflation Figures

        3 days ago

        Gold Price Prediction for April 28, 2017

        Gold prices continued to ease following the easing bias kept by the ECB.  The yellow metal is poised to test support near an upward sloping trend line that comes in near 1,235.  Resistance is seen near the 10-day moving average at 1,277.  Momentum is negative as the MACD (moving average convergence divergence) index recently generated … Continue reading Gold Price Prediction for April 28, 2017

        3 days ago

        Natural Gas Price Analysis for April 28, 2017

        Natural gas prices generated an inside day on Thursday, following the Energy Information Administration’s report on inventories. The indecision was reflected by a higher low and a lower high.  Prices continue to form the right shoulder of a head and shoulder pattern which is similar to the pattern seen in crude oil. Support is seen … Continue reading Natural Gas Price Analysis for April 28, 2017

        3 days ago

        Crude Oil Price Analysis for April 28, 2017

        Oil prices traded under pressure on Thursday despite Wednesday’s surprise draw reported by the Energy Information Administration.  Libya’s production is coming back on line which weighed on prices, as the bullish case for oil continues to ease.  OPEC is likely to begin to jawbone if prices fall below the $48 handle. Technicals Prices whipsawed sharply … Continue reading Crude Oil Price Analysis for April 28, 2017

        EUR/USD
        3 days ago

        EUR/USD Daily Technical Analysis for April 28, 2017

        The EUR/USD consolidated on Thursday following the ECB meeting were rates were kept unchanged as expected. Mario Draghi kept a dovish tone, but has left the door open for a change to QE at the June meeting. Inflation in both Germany and Spain was stronger than expected, while confidence rose showing sentiment is positive in … Continue reading EUR/USD Daily Technical Analysis for April 28, 2017

        3 days ago

        Stocks Consolidate as Anxiety Builds Ahead of Second Round of French Elections

        European stock markets are heading broadly south, halting six days of gains as investors await the ECB meeting, amid strong inflation and growth data. The Macron rally saw the DAX surging to new all-time highs and helped the CAC 40 to break its long term downtrend, but investors need new impetus to push gains out … Continue reading Stocks Consolidate as Anxiety Builds Ahead of Second Round of French Elections

        4 days ago

        Natural Gas Price Analysis for April 27, 2017

        Natural gas prices rebounded sharply on Wednesday ahead of Thursday report from the Department of Energy on inventories. Weather appears to be the catalyst as the National Oceanic Atmospheric Administration is forecasting colder than normal weather across most of the United States which would generate stronger than usually cooling demand. Prices Rebound but Down Trend … Continue reading Natural Gas Price Analysis for April 27, 2017

        4 days ago

        EUR/USD Daily Technical Analysis for April 27, 2017

        The EUR/USD moved lower declining down to 1.0855, and finishing the NY session off its lows at 1.0897.  The exchange rate is trading close to former resistance near the March highs at 1.0906.  President Trump released his tax plan, at a press conference attended by Gary Cone the Budget Director and Treasury Secretary Mnuchin. Technicals … Continue reading EUR/USD Daily Technical Analysis for April 27, 2017

        4 days ago

        Crude Oil Price Analysis for April 27, 2017

        Crude oil prices whipsawed on Wednesday, first dropping and then climbing, following the larger than expected draw in crude oil inventories and the larger than expected build in heating oil, and gasoline inventories reported by the Department of Energy. Prices continue to form a head and shoulder reversal pattern, and a break of the neckline … Continue reading Crude Oil Price Analysis for April 27, 2017

        4 days ago

        Gold Price Prediction for April 27, 2017

        Gold prices edged lower on Wednesday, as consumer confidence declined, paving the way for lower gold prices.  The yellow metal hit a lower low, in addition to a lower high, which reflects a downtrend.  Resistance is seen near the 10-day moving average at 1,279.  Support is seen near an upward sloping trend line near 1,235.  … Continue reading Gold Price Prediction for April 27, 2017

        4 days ago

        European Stocks Consolidate Ahead of ECB Meeting

        European stock markets are mostly slightly down. The CAC 40 is the notable exception and managing to hold on to a 0.10% gain, but the DAX has lost -0.05% and the FTSE 100 is down -0.10%, although in particularly the DAX remains at very high levels. Italian and Spanish markets are underperforming ahead of tomorrow’s … Continue reading European Stocks Consolidate Ahead of ECB Meeting

        Crude Oil
        5 days ago

        Crude Oil Price Analysis for April 26, 2017

        Oil prices moved higher on Tuesday, ahead of Wednesday’s inventory report from the Energy Information Administration.  Seemingly ever increasing U.S. shale production, along with recent talk from Russia, which has said it will increase its own output in H2 of this year if OPEC-NOPEC production cuts are not extended beyond June, has weighed on Prices. … Continue reading Crude Oil Price Analysis for April 26, 2017

        5 days ago

        Natural Gas Price Analysis for April 26, 2017

        Natural gas prices continue to trade on the defensive as it appears that hedge funds remain long, which means that lower prices are the path of least resistance.  According to the latest commitment of trader’s report for the date ending April 18, managed money had accumulated a net long position equivalent to 3,511 billion cubic … Continue reading Natural Gas Price Analysis for April 26, 2017

        5 days ago

        Gold Price Prediction for April 26, 2017

        Gold prices edged lower as riskier assets gained traction, forcing investors out of safe haven assets which paved the way for lower gold prices.  The BOJ’s comments on CPI failed to buoy the yellow metal.  Prices are poised to test target support near the 200-day moving average at 1,252.  Additional support is seen near an … Continue reading Gold Price Prediction for April 26, 2017

        Stocks Daily News
        5 days ago

        EUR/USD Daily Technical Analysis for April 26, 2017

        The EUR/USD broke out on Tuesday surging above the March highs, as riskier assets continued to gain traction, and yield in Europe outpaced their U.S. counterparts.  The yield differential moved in favor the Euro, as European sentiment moved higher. The CAC 40 continues to climb, after surging more than 4% Monday on stronger than expected … Continue reading EUR/USD Daily Technical Analysis for April 26, 2017

        5 days ago

        Stocks Consolidate Gains as Euro Continues to Climb

        The global stock market rally, sparked by Macron’s advance towards becoming the next French President, started to run out of steam during the European session. The DAX surged to new record highs Monday and remains above 12,400, as the focus turns to the ECB meeting on Thursday. The FTSE 100, which underperformed Monday, is outperforming … Continue reading Stocks Consolidate Gains as Euro Continues to Climb

        TOP PROMOTIONS BY
        Top Promotions

        TOP BROKERS BY
        Reviews

        FX Empire - the company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as link result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
        FX Empire may receive compensation from the companies featured on the network.

        All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. FX Empire bears no responsibility for any trading losses you might incur as link result of using any data within the FX Empire.