Forecasts & Analysis
Natural Gas Price Prediction – Prices Whipsaw and Settle on their Lows
Prices fall on warm weather forecast
Gold Price Prediction – Prices Break Out of Cup and Saucer Pattern
Gold rallies despite a rise in the dollar
USD/JPY Fundamental Daily Forecast – Direction Dictated by Demand for Risk, Treasury Yields
The USD/JPY is likely to continue to be influenced by trader demand for risky assets and the direction of Treasury yields.
AUD/USD and NZD/USD Fundamental Daily Forecast – Weakening Yuan Dragging Aussie, Kiwi Lower
What happens in China with regards to the coronavirus will determine the direction of the Aussie and Kiwi.
Oil Price Fundamental Daily Forecast – Speculators Still in Control; Professionals Looking for Value
We’ve said since the start that with a sell-off fueled by speculators, the market will go down until it hits a value area attractive enough for the professionals to find value.
Silver Price Prediction – Prices Attempt to Rally on Coronavirus Scare
Silver prices attempted to push higher, but prices were rejected at higher levels. While the coronavirus has added volatility and uncertainty as it pertains to growth, the safe haven natural of silver demand helped buoy prices.Gold continued to rally, breaking out of a cup and handle pattern, but this was
S&P 500 Price Forecast – Stock Markets Gap Lower To Start Week
As there continues to be a lot of concerns around the world, the S&P 500 has broken down significantly. That being said, it looks as if the market is trying to find a bit of support at this uptrend line.
Silver Price Forecast – Silver Markets Gap Higher To Kick Off The Week
Silver markets gapped higher to kick off the week, reaching higher and towards the $18.40 level. That being said, the market has pulled back from there to try to fill the gap.
Crude Oil Price Forecast – Crude Oil Markets Test Support
Crude oil markets have gotten hammered during the trading session again on Monday, reaching down below the $52.50 level in the WTI grade. At this point, the market is due to bounce from an oversold condition.
