Forecasts & Analysis, Page

It’s yet another bearish start to the day as Friday’s late gains failed to continue into the early hours. Another choppy day ahead in store…

Dovish Fed cannot save the markets

Natural gas prices rebounded from session lows, but still closed in the red. For the first time in recent memory, there are several storms brewing which could turn into a hurricane. There is a wave that is sitting off the coast of Florida that the National Oceanic Atmospheric Administration believes

Gold prices close at a 6-year high

The stock markets initially tried to rally during the day on Friday but broke down as the 50 day EMA has come back into the fold to start selling. We are still stuck between a couple of major EMA indicators, so that’s something to pay attention to as well.

Silver markets continue to show signs of strength during the day on Friday, using the $17.00 level as a launching point. All things being equal, this is a nice uptrend that should continue to show itself, but we are running into a bit of resistance.

The crude oil markets broke down rather significantly during the day on Friday as global markets continue to find plenty of reasons to look soft. At this point, it’s obvious that the downtrend is still very much intact.

Natural gas markets went back and forth during the trading session on Friday as we continue to try to find either our footing, or some type of breakdown. At this point, it’s likely that we continue to see volatility.

Gold markets rallied significantly during the trading session on Friday as we continue to see the bully should run pick up momentum. This was especially interesting considering that Jerome Powell spoke during the day, and that means we are looking through the speech and now at the likelihood of central

The S&P 500 rallied initially during the week but has ran into a bit of a brick wall near the 2950 level. This is a sign that we can’t take off to the upside very easily. Because of this, I think it’s very likely that we continue to see downward

During the week, the Silver markets initially pulled back but found buyers underneath the $17.00 level to continue the situation of buying on the dips.

Crude oil markets continue to struggle overall, as the markets show signs of failure every time we try to rally. There is a downtrend line that the markets continue to test and fail at.

Natural gas markets initially tried to rally during the week but have given back quite a bit of the gains, forming a bit of a shooting star which of course is a very negative sign. With that, it looks like the negative and massive downtrend should continue.

Gold markets initially fell during the week but found enough support near the $1500 level to turn things around of form a bit of a hammer. We are at extended levels though, so the question then becomes whether or not we can continue this move.

The US dollar has gone back and forth during the week but has broken down from the same resistance barrier that we have seen. Ultimately, this is a market that continues to see a lot of trouble at the same levels after a less than clear Jerome Powell speech.

The British pound initially fell during the week but then rallied towards the crucial 1.2250 level again. This is an area that has been important more than once, so it makes sense that we are struggling just a bit here. That being said though, I think that the market is

The British pound recovered a bit during the week, breaking back above the ¥130 level, showing signs of life yet again. That being said, the question now remains whether or not this is the real thing, or is it simply just that a bounce from extremely low levels?

The Euro continue to hover during the week, going back and forth as there is a lot of uncertainty out there. Ultimately, the Federal Reserve and the ECB are both looking very dovish, so it causes a bit of confusion. Ultimately, one should take a look at the greater economic

The Australian dollar continues to show a bit of weakness, as the US/China trade situation does not seem to be getting any better. If that’s going to be the case, then there’s no reason to think that the Australian dollar will be able to pick it up.

The US dollar has initially tried to rally during early trading on Friday but has ran into a little bit of a brick wall. That being said, the inclusion of the Jerome Powell speech will certainly have a significant amount of influence on this market.