David Becker Articles

    daily market forecast
    6 hours ago

    Softer than Anticipated German Zew Weighs on European Shares

    European stock markets moved sideways on Tuesday. The DAX and FTSE 100 are posting slight gains, while IBEX and MIB are underperforming, as Spain’s Catalonia problem escalates with arrests among leading independence proponents and Madrid reportedly preparing to take over direct control if a second deadline on Thursday is not met. Slightly weaker than expected … Continue reading Softer than Anticipated German Zew Weighs on European Shares

    Natural Gas
    22 hours ago

    Natural Gas Price Analysis for October 17, 2017

    Natural gas prices whipsawed on Monday first moving lower and testing support and then rebounding higher but still closing down 1.50% on the session. After weeks of warmer than normal weather forecast by the National Oceanic Atmospheric Administration, the forecast is now for normal weather for most of the country, which allowed prices to gain … Continue reading Natural Gas Price Analysis for October 17, 2017

    Gold
    22 hours ago

    Gold Price Prediction for October 17, 2017

    Gold prices reversed course on Monday as the dollar gained traction, following a stronger than expected Empire Manufacturing headline which hit an 8-year high.  Support is seen near the 10-day moving average at 1,284, and then the 100-day moving average at 1,275.  Momentum has recently turned positive as the MACD (moving average convergence divergence) index … Continue reading Gold Price Prediction for October 17, 2017

    wti crude oil
    22 hours ago

    Crude Oil Price Analysis for October 17, 2017

    Oil prices surged higher on Monday after Iraqi forces seized the oil fields around Kirkuk. There were conflicting reports as of Monday, but oil supplies from the region may have been disrupted, although perhaps only temporarily.  Reports say as much as 350,000 barrels a day of crude are now offline. The military maneuver by Iraqi … Continue reading Crude Oil Price Analysis for October 17, 2017

    eur/gbp
    yesterday

    EUR/USD Daily Technical Analysis for October 17, 2017

    The EUR/USD was nearly unchanged as a strong than expected Eurozone Trade Surplus was offset by a 8-year high on the Empire Manufacturing Index.  The ECB says there is no agreement yet on a QE extension, while other ECB officials are opining on a Euro taper tantrum similar to the Fed tantrum when easing was … Continue reading EUR/USD Daily Technical Analysis for October 17, 2017

    Catalonia
    yesterday

    Catalonia Will Not Back Down which is Weighing on Spanish Stocks

    European stock markets are mostly slightly higher. The DAX is leading the way and is once again trying to clear the 13000 mark amid a weaker EUR and rising commodity prices. The FTSE 100 is still managing a small gain, but the Spanish IBEX is underperforming as the conflict between Catalonia and the central government … Continue reading Catalonia Will Not Back Down which is Weighing on Spanish Stocks

    Natural Gas
    4 days ago

    Natural Gas Price Prediction for October 16, 2017

    Natural gas prices moved higher for the second consecutive trading session, and is poised to test target resistance despite warmer than normal weather that is forecast to cover most of the United States for the next 8-14 days according to the National Oceanic Atmospheric Administration. Prices recaptured the 3 handle and are poised to test … Continue reading Natural Gas Price Prediction for October 16, 2017

    Gold Brick
    4 days ago

    Gold Price Prediction for October 16, 2017

    Gold prices broke out following softer than expected consumer inflation figures.  U.S. yields eased allowing the dollar to soften paving the way for higher gold prices.  Prices are poised to test resistance near the September 25, highs at 1,316.  Support is seen near the 10-day moving average at 1,282. Momentum has turned positive as the … Continue reading Gold Price Prediction for October 16, 2017

    Natural Gas Production
    4 days ago

    Crude Oil Price Analysis for October 16, 2017

    Oil prices moved higher on Friday, hitting a higher of 51.74, slightly shy of resistance near 52.05.  Prices were buoyed by declining active rig counts and news that President Trump was going to de-certify the current Iranian nuclear deal. While refinery operations have rebounded from their post-Hurricane Harvey lows, they have still not recovered back … Continue reading Crude Oil Price Analysis for October 16, 2017

    eur/usd
    4 days ago

    EUR/USD Daily Technical Analysis for October 16, 2017

    The EUR/USD was unable to gain traction on Friday as rumors that the ECB will consider cutting back QE in March, was offset by softer than expected U.S. consumer price inflation. Wages are not growing fast enough in Europe according to Draghi while inflation in German was confirmed at 1.8%. Technicals The EUR/USD formed a … Continue reading EUR/USD Daily Technical Analysis for October 16, 2017

    E-mini Dow Jones Industrial Average
    4 days ago

    The Nikkei Rumbles to Fresh Highs Driven by Earnings Optimism

    European stock markets are narrowly mixed after a largely positive session in Asia, where Japanese bourses outperformed and the Nikkei closed with a 0.96% gain helped by technology stocks and future earnings optimism. Elsewhere gains were less impressive and Eurozone markets also moved sideways. The DAX is hovering around the 13000 mark after manage to … Continue reading The Nikkei Rumbles to Fresh Highs Driven by Earnings Optimism

    Comex Gold Brick
    5 days ago

    Gold Price Prediction for October 13, 2017

    Gold prices were higher on Thursday but formed a doji day where the open and the close were at the same level. Prices were initially buoyed following Wednesday Fed minutes, but the stronger than expected PPI data released on Thursday buoyed the greenback, which weighed on the yellow metal. Support is seen near the 10-day … Continue reading Gold Price Prediction for October 13, 2017

    Comex Gold Brick
    5 days ago

    Natural Gas Price Analysis for October 13, 2017

    Natural gas prices rebounded on Thursday rising more than 3.5%, despite warmer than normal weather that is expected to cover most of the United States for the next 8-14 days.  The EIA reported a larger than expected build in natural gas inventories. Prices surged to resistance near 3, and a close above this level would … Continue reading Natural Gas Price Analysis for October 13, 2017

    Crude Oil
    5 days ago

    Crude Oil Price Analysis for October 13, 2017

    WTI futures are down 1.3% at 50.58, following a mixed inventory report from the DOE. The Weekly API data showed a 3.1 million barrel rise in U.S. stocks in the last reporting week, which sparked the correction, offsetting threats from Trump to impose sanctions on Iranian oil, and possible supply disruptions in Venezuela. The EIA … Continue reading Crude Oil Price Analysis for October 13, 2017

    US Dollar Index
    5 days ago

    EUR/USD Daily Technical Analysis for October 13, 2017

    The EUR/USD reversed course on Thursday following a stronger than expected U.S. PPI report. Jobless claims also moved lower as job losses that occurred following the multiple hurricanes in the United States. Eurozone Industrial production was stronger than expected while French Inflation was confirmed. Technicals The EUR/USD initially moved higher but ran into resistance near … Continue reading EUR/USD Daily Technical Analysis for October 13, 2017

    asian stocks
    5 days ago

    Strong Eurozone Production Numbers Fail to Buoy Stocks

    European stock markets are narrowly mixed, with DAX and FTSE 100 only posting minimal gains. Asian markets still closed solidly higher after yesterday’s positive close on Wall Street, but the optimistic mood fizzled out in Europe and U.S. stock futures are slightly in negative territory, and oil prices have fallen back below the USD 51 … Continue reading Strong Eurozone Production Numbers Fail to Buoy Stocks

    oil analysis
    6 days ago

    Natural Gas Price Analysis for October 12, 2017

    Natural gas prices whipsawed and attempted to move higher despite warmer than normal weather which is expected to cover most of the United States for the next 8-14 days according to the most recent NOAA forecast. Above normal weather reducing cooling demand which generally reduces inventories even at the beginning of the fall. Prices Whipsaw … Continue reading Natural Gas Price Analysis for October 12, 2017

    gold daily analysis
    6 days ago

    Gold Price Prediction for October 12, 2017

    Gold prices were nearly unchanged on Wednesday following the Fed’s minutes from the September FOMC meeting. It appears that the December rate hike is fully baked in the cake, but inflation expectations are lower in 2018.  This will all change in 2018 when new Fed members take the voting reigns.  Prices formed a doji day … Continue reading Gold Price Prediction for October 12, 2017

    crude oil
    6 days ago

    Crude Oil Price Analysis for October 12, 2017

    Crude oil climbed further above USD 51 per barrel, as OPEC Secretary General reiterated that a rapid market rebalancing is underway, citing improved momentum in the global economy and oil-destocking over the summer. Oil producers in the U.S. cut output by 59% because of Tropical Storm Nate, according to the Bureau of Safety and Environmental … Continue reading Crude Oil Price Analysis for October 12, 2017

    US Dollar Index
    6 days ago

    EUR/USD Daily Technical Analysis for October 12, 2017

    The EUR/USD moved higher bumping up against resistance levels, as yield in the Eurozone outpaced their U.S. treasury counterparts.  The ECB’s Visco welcomes gradual policy normalization which helped buoy the currency pair. The U.S. MBA mortgage market index declined in the latest week, but this news was offset by hawkish comments from the Fed’s Evans. … Continue reading EUR/USD Daily Technical Analysis for October 12, 2017

    Top Promotions
    Top Brokers

    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.