James Hyerczyk Articles

        Comex Gold Brick
        55 minutes ago

        Price of Gold Fundamental Daily Forecast – Could Remain Rangebound Until Comey Testifies Next Week

        Gold surprisingly closed higher on Thursday despite a firmer U.S. Dollar, rising equity prices and a plunge in crude oil prices. August Comex Gold futures finished the session at $1259.80, up $3.30 or +0.26%. If you want to understand gold at this time, you’re going to have to look at the charts and the technical … Continue reading Price of Gold Fundamental Daily Forecast – Could Remain Rangebound Until Comey Testifies Next Week

        NATURAL GAS
        1 hour ago

        Natural Gas Price Fundamental Daily Forecast – Stronger Demand May Provide Support Today

        Natural gas prices continued this week’s price slide on Thursday after U.S. government data showed that natural gas supplies in storage rose more than expected last week. July natural gas futures settled at $3.275, down -0.025 or -0.76%. According to the U.S. Energy Information Administration, natural gas storage rose by 75 billion cubic feet in … Continue reading Natural Gas Price Fundamental Daily Forecast – Stronger Demand May Provide Support Today

        Crude Oil
        2 hours ago

        Oil Price Fundamental Daily Forecast – Output Cut Extension Not Enough for Bullish Oil Investors

        U.S. West Texas Intermediate and internationally-favored Brent crude oil closed nearly 5% lower on Thursday after OPEC disappointed investors by failing to agree to deeper production cuts along with its approved nine-month extension. July WTI crude oil settled at $48.90, down $2.46 or -4.79%. August Brent crude oil closed at $51.77, down $2.47 or -4.55%. … Continue reading Oil Price Fundamental Daily Forecast – Output Cut Extension Not Enough for Bullish Oil Investors

        AUDUSD and NZDUSD
        2 hours ago

        AUD/USD and NZD/USD Fundamental Daily Forecast – Falling Crude Crushes Commodity-linked Currencies

        The Australian and New Zealand Dollars closed lower against the U.S. Dollar on Thursday. U.S. Dollar investors were reacting positively to the Fed’s plan to shrink its balance sheet and a steep drop in crude oil prices. The commodity-linked Aussie and Kiwi were under pressure after the OPEC-led group decided to extend their current production … Continue reading AUD/USD and NZD/USD Fundamental Daily Forecast – Falling Crude Crushes Commodity-linked Currencies

        Japanese Yen
        3 hours ago

        USD/JPY Fundamental Daily Forecast – Supported by Fed Plan and Higher Demand for Risk

        The Dollar/Yen posted a higher close on Thursday as investors reacted positively to the Fed’s plan to shrink its balance sheet and increased demand for higher risk assets. The USD/JPY finished the session at 111.822, up 0.346 or +0.31%. Trading was lackluster on Thursday as investors continued to digest the minutes from the Fed’s May … Continue reading USD/JPY Fundamental Daily Forecast – Supported by Fed Plan and Higher Demand for Risk

        4 hours ago

        Comex High Grade Copper Price Futures (HG) Technical Analysis – Supported by Grasberg Strike

        July Comex High Grade Copper futures reached their highest level since May 3 on Thursday as investors ignored the stronger U.S. Dollar and a steep break in crude oil. The market was supported by supply concerns after news of further disruption at Indonesia’s Grasberg, one of the world’s biggest copper mines. Freeport McMoRan, Inc. said … Continue reading Comex High Grade Copper Price Futures (HG) Technical Analysis – Supported by Grasberg Strike

        4 hours ago

        AUD/USD Forex Technical Analysis – Steep Drop in Crude Drives Commodity-Currency Lower

        The AUD/USD closed sharply lower on Thursday. An attempt to take out the high for the week failed early in the session, leading to some position-squaring and profit-taking. The selling pressure increased throughout the session as the U.S. Dollar mounted a strong comeback. Also contributing to the weakness in the commodity-based Australian Dollar was the … Continue reading AUD/USD Forex Technical Analysis – Steep Drop in Crude Drives Commodity-Currency Lower

        Fed and Stocks
        9 hours ago

        U.S. Stocks Rise as Investors Continue to Respond to Fed’s Plan to Trim Balance Sheet

        U.S. equities rallied on Thursday as investors continued to show a positive reception to the Federal Reserve’s plan to trim its balance sheet. The Minutes from the Fed’s May 3 meeting released on Wednesday said the Fed has devised a system where it will announce cap limits on how much it will allow to roll … Continue reading U.S. Stocks Rise as Investors Continue to Respond to Fed’s Plan to Trim Balance Sheet

        Crude Oil Plunges
        14 hours ago

        Investors Dissatisfied in OPEC’s Production Policy; Prices Plunge 5%

        U.S. West Texas Intermediate and internationally-favored Brent crude oil prices tumbled more than 5 percent on Thursday after OPEC and other major producers announced they would extend their current deal to curtail oil production for nine months, or through March 2018. Going into today’s meeting, traders were widely expecting a six to nine month extension … Continue reading Investors Dissatisfied in OPEC’s Production Policy; Prices Plunge 5%

        Dow Jones Industrial Average
        18 hours ago

        E-mini Dow Jones Industrial Average (YM) Futures Analysis – May 25, 2017 Forecast

        June E-mini Dow Jones industrial Average futures are called higher shortly before the cash market opening. Investors have been reacting positively to the Fed Meeting Minutes which outlined a few of the details of its plan to shrink its balance sheet. Prior to the release of the minutes, investors were concerned that the central bank … Continue reading E-mini Dow Jones Industrial Average (YM) Futures Analysis – May 25, 2017 Forecast

        E-mini NASDAQ-100 Index
        18 hours ago

        E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – May 25, 2017 Forecast

        June E-mini NASDAQ-100 index futures are called higher shortly before the cash market opening. Investors continue to digest the Fed Meeting Minutes released late Wednesday. The rally through the previous top at 5727.25 has erased all of last week’s concerns over the political turbulence in Washington. This doesn’t mean the possibility of political turbulence has … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – May 25, 2017 Forecast

        E-mini S&P 500 Index
        18 hours ago

        E-mini S&P 500 Index (ES) Futures Technical Analysis – May 25, 2017 Forecast

        June E-mini S&P 500 Index futures are trading higher shortly before the cash market opening. With economic reports limited today, traders are likely to react to fresh news regarding the OPEC production cut extensions while continuing to digest the impact of yesterday’s Fed minutes. Traders will also get the chance to respond to comments from … Continue reading E-mini S&P 500 Index (ES) Futures Technical Analysis – May 25, 2017 Forecast

        Gold
        20 hours ago

        Comex Gold Price Futures (GC) Technical Analysis – May 25, 2017 Forecast

        August Comex Gold futures are holding steady on Thursday as investors continue to digest the impact of the Fed Meeting Minutes and the potential political fallout from issues involving President Trump. The Fed minutes may actually be putting a lid on gold prices. Although the central bank suggested it would take a more cautious approach … Continue reading Comex Gold Price Futures (GC) Technical Analysis – May 25, 2017 Forecast

        20 hours ago

        Crude Oil Price Update – Down on Rumors of Nine-Month Extension, No Further Cuts

        July West Texas Intermediate crude oil futures are trading lower after an early attempt at a break out to the upside failed. The market is breaking lower on rumors that OPEC reportedly announced it would extend cuts in oil output by nine months to March 2018. The current price action suggests a potentially bearish closing … Continue reading Crude Oil Price Update – Down on Rumors of Nine-Month Extension, No Further Cuts

        EUR/USD
        20 hours ago

        EUR/USD Mid-Session Technical Analysis for May 25, 2017

        The EUR/USD is trading lower at the mid-session after giving up its earlier gains. The Euro moved higher shortly after the opening as investors continued to focus on U.S. monetary policy, as they digested the release of the minutes of the U.S. Federal Reserve’s meeting in early May. Today’s turnaround in the EUR/USD may be … Continue reading EUR/USD Mid-Session Technical Analysis for May 25, 2017

        US Dollar Index
        yesterday

        US Dollar Index (DX) Futures Technical Analysis – May 25, 2017 Forecast

        June U.S. Dollar Index futures are under pressure early Thursday as investors continue to digest the less-hawkish-than-expected Federal Reserve Meeting Minutes released late Wednesday. The current price action suggests investors are going to have to make a decision soon regarding the effects of U.S. politics and monetary policy on the U.S. Dollar. With interest rate … Continue reading US Dollar Index (DX) Futures Technical Analysis – May 25, 2017 Forecast

        Comex Gold Brick
        yesterday

        Price of Gold Fundamental Daily Forecast – Rangebound Until Comey Testimony Next Week

        Gold is trading steady to better on Thursday as investors continue to react to the impact of the less-than-hawkish Fed Meeting Minutes released late Wednesday. Yesterday, August Comex Gold futures settled at $1256.50, down $2.40 or -0.19%. Despite the lower close, the market did erase most of its earlier losses. Gold rallied after the U.S. … Continue reading Price of Gold Fundamental Daily Forecast – Rangebound Until Comey Testimony Next Week

        Crude Oil
        yesterday

        Oil Price Fundamental Daily Forecast – Set Up for Classic “Buy the Rumor, Sell the Fact” Situation

        Crude oil prices are trading slightly higher while hovering near yesterday’s high early Thursday ahead of the planned OPEC meeting later in the day. The price action suggests investors are expecting OPEC and other major producers to extend a production cut aimed at tightening supply into at least March 2018. On Wednesday, July West Texas … Continue reading Oil Price Fundamental Daily Forecast – Set Up for Classic “Buy the Rumor, Sell the Fact” Situation

        NATURAL GAS
        yesterday

        Natural Gas Price Fundamental Daily Forecast – Two Different Weather Models Causing Choppy Trade

        Natural gas futures eased lower on Wednesday on forecasts for more mild temperatures next week that is expected to reduce heating demand and power generators’ use of the fuel. July natural gas futures settled at $3.300, down $0.012 or -0.36%. Additionally, investors also sold natural gas in reaction to an expected drop in gas usage … Continue reading Natural Gas Price Fundamental Daily Forecast – Two Different Weather Models Causing Choppy Trade

        Copper Smelting
        yesterday

        Comex High Grade Copper Price Futures (HG) Technical Analysis – Sellers Still Defending the Downtrend

        July Comex High Grade Copper futures are trading flat early Thursday, after selling off the previous session on concerns that slowing economic growth in China could hit demand from the world’s top metals consumer. Prices plunged early Wednesday on the news that Moody’s Investors Service downgraded China’s credit ratings for the first time in nearly … Continue reading Comex High Grade Copper Price Futures (HG) Technical Analysis – Sellers Still Defending the Downtrend

        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.