Forecasts & Analysis

After Friday’s pullback, failure to revisit the yesterday’s highs would leave the majors under pressure.

Gold prices ended the week with little change on the day, and little change when compared to last Friday’s close.

US Yield rise

Silver moved sideways on Friday, forming a doji day despite a stable dollar and rising yields. The greenback was able to gain traction as yields surged higher in the wake of the Fed’s commentary. The U.S. data was mixed. Despite softer than expected PMI and Jobless claim data released on

Natural gas prices rallied sharply, rising more than 3.2% and demand continues to outstrip supply. The weather is expected to remain warmer than average throughout most of the United States during the next two weeks. Warm weather should increase cooling demand during a period when the weather is expected to

China recently declared all crypto-currency transactions illegal. What does that mean, and could a liquidity crisis cause a flash crash in crypto?

The S&P 500 has fallen significantly during the course of the week only to turn around and show signs of life again. Because of this, we are hanging around a significant uptrend line.

Crude oil markets initially fell during the course of the week but then turned around to show signs of life again. By doing so, the market looks as if it is ready to continue to go much higher.

The S&P 500 has pulled back just a bit during the course of the trading session on Friday but have also recognize the 50 day EMA as being important.

The crude oil markets have rallied a bit during the course of the trading session on Friday, to close out the week on the highs as momentum continues to pick up.