Forecasts & Analysis, Page

Natural gas hit its highest price since March 14 on concerns over a possible supply gap going into cooling season, rising exports and stagnant production.July Natural Gas settled at $2.879, up $0.054 or +1.91%.On Thursday, natural gas prices rose shortly after the release of a weekly government report. The weekly

Gold fell victim to surging U.S. Treasury yields, a stronger dollar and the easing of geopolitical tensions, falling sharply lower last week.June Comex Gold futures settled at $1291.30, down $29.40 or -2.23%.The yield on U.S. 10-year Treasury note hit a new multiyear high last week, returning to a level not

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures closed higher for a third consecutive week. The markets were bolstered by strong demand, ongoing production cuts from the OPEC-led deal to stabilize prices and looming U.S. sanctions against major crude exporter Iran which could lead to supply disruptions. Gains

Bitcoin Cash on the MoveBitcoin Cash saw red again on Saturday, falling 2.29% to reverse Friday’s 0.98% rise and end the day at $1,176.5.A choppy start to the day saw Bitcoin Cash slide through to $1,145.3 testing the day’s first major support level at $1,146.73 before bouncing back to an

The USDCAD moved higher towards the end of the week after having spent much of the past week chopping around the 1.28 region. The region around 1.28 had seen a lot of activity over the past week as the bulls and the bears in the pair fought it out in

The DAX index had a pretty strong week where the most important point of note was the fact that the index managed to close the week above the 13000 region which should give a lot of hope for the bulls in the upcoming week. This has been a good turn

Though the pound has managed to show a lot of strength over the last couple of weeks in the middle of some serious dollar strength and it did manage to hold on to the 1.35 region during this period, the upcoming week is going to be a serious challenge for

The euro had a pretty disastrous week, by its own standards, and our forecast that the break of the pair below the 1.20 region only points to further weakness in due course of time turned out to be more or less true. Last week, we saw the EURUSD pair fall

ETH/USDEthereum fell during the week, reaching down towards the $620 level. This is an area that has seen a bit of support recently, so it’s not a huge surprise to see a bounce from there. If we can break down below this level, the market probably unwinds towards the $500

BTG/USDBitcoin Gold fell during the week, reaching towards the $50 level. The market had bounced recently, but quite frankly when you look at the longer-term charts you can see that we are a far cry from showing any significant strength. I think that the market is probably going to go

BTC/USDBitcoin fell again during the week, reaching down towards the $8000 level, an area that is massive support, not only from a psychological standpoint, but from a previous structural level. The uptrend line underneath is still massive support as well, and I think that the market will probably continue to

The German index rallied during the week, reaching towards the €13,100 level, as we have broken above the €13,000 level. The market should continue to show signs of value hunting on pullbacks, and I think that the €12,750 level will offer a bit of a floor. I believe that the

Dow Jones 30The Dow Jones 30 initially trying to rally during the week, reaching towards the 25,000 level above which is an area that of course obviously will form a bit of psychological resistance. We have turned around of form a bit of a shooting star, but we have a

The S&P 500 has gone back and forth during the week, testing the 2700 level for support. I think that the market has more than enough support underneath to keep the market going higher, with the 2700 level offering a support level, and beyond that we also have support at

The FTSE 100 has reached towards the highs again, and now I think we are getting ready to break out to the upside. However, we may get a short-term pullback to build up the necessary momentum to go much higher. The 8000 level is my longer-term target anyway, and even

The Silver markets continue to be choppy in general, as we felt towards the uptrend line only to turn around and form a somewhat supportive hammer like candle. This shows that the uptrend line is very much intact, but above we have a downtrend line that makes out a symmetrical

WTI Crude OilThe WTI Crude Oil market rallied significantly during the week as crude oil continues to get a bit of a boost from geopolitical tensions and of course the idea of the US leaving the Iranian deal taking product off the markets. I believe that short-term pullbacks should continue

Natural gas markets initially fell during the week but then turned around to break above the $2.80 level again and reach towards the $2.85 level. There is the top of the up-trending channel to pay attention to, and if we can break above the top of the uptrend line, it’s

Gold markets broke down significantly during the week, testing the uptrend line that has been crucial for the markets before. By breaking below the $1300 level, the market looks likely to continue to go lower, perhaps reaching towards the $1275 level followed quickly by the $1250 level underneath. Otherwise, if

The US dollar has rallied significantly during the week, slicing through the ¥110 level. By doing so, it looks as if we are ready to go higher, as the market has been banging up against that level for some time now, forming a couple of shooting stars on the weekly