Forecasts & Analysis | Daily, Page 1

  • David Becker
    David Becker

    Natural Gas Price Analysis for December 14, 2017

    Natural gas prices moved higher on Wednesday as cold weather covered most of the mid-west and east coast. Despite the current conditions, the forecast for the next 8-14 days is for warmer than normal weather according to the National Oceanic Atmospheric Administration.  Warmer than normal weather reduces heating demand which

    Read More
  • David Becker
    David Becker

    Gold Price Prediction for December 14, 2017

    Gold prices rebounded following a weaker than expected U.S. CPI report as the dollar lost ground paving the way for higher gold prices.  The Fed raised rates by 25-basis points which was widely expected, keeping gold prices buoyed. They also said that inflation declined, which also will keep the dollar

    Read More
  • David Becker
    David Becker

    Crude Oil Price Analysis for December 14, 2017

    Crude oil prices were trading lower on Wednesday following a mixed inventory report, which showed stronger U.S. oil production and higher week over week imports.  A large build in gasoline inventories were offset by a robust draw in crude, which means that refiners are trying to take advantage of elevated

    Read More
  • David Becker
    David Becker

    EUR/USD Daily Technical Analysis for December 14, 2017

    The EUR/USD continued to consolidate ahead of the FED and the ECB this week.  The Fed is widely expected to increase rates by 25 basis points while the ECB is expected to remain steadfast.  German inflation was confirmed with a gain relative to the prior month, while U.S. CPI missed

    Read More
  • James Hyerczyk
    James Hyerczyk

    E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – December 13, 2017 Forecast

    March E-mini NASDAQ-100 Index futures are expected to open slightly better based on the early trade. The strong overnight gains indicate that buyers may make a run at a new all-time high today.Daily March E-mini NASDAQ-100 IndexDaily Technical AnalysisThe main trend is up according to the daily swing chart. A

    Read More
  • James Hyerczyk
    James Hyerczyk

    E-mini Dow Jones Industrial Average (YM) Futures Analysis – December 13, 2017 Forecast

    March E-mini Dow Jones Industrial Average futures are trading nearly flat shortly before the cash market opening. Volume is expected to be light ahead of today’s Fed interest rate decision and monetary policy statement at 1900 GMT.The central bank is expected to raise its benchmark rate 25 basis points to

    Read More
  • James Hyerczyk
    James Hyerczyk

    E-mini S&P 500 Index (ES) Futures Technical Analysis – December 13, 2017 Forecast

    March E-mini S&P 500 Index futures are expected to open nearly flat based on the pre-market trade. Volume is expected to be on the light side with the major players stepping aside ahead of the Fed’s interest rate announcement and monetary policy statement at 1900 GMT.Daily March E-mini S&P 500

    Read More
  • James Hyerczyk
    James Hyerczyk

    EUR/USD Mid-Session Technical Analysis for December 13, 2017

    The EUR/USD is trading higher ahead of today’s Fed interest rate announcement and monetary policy decision. The Forex pair up ticked after U.S. consumer inflation came in as expected at 0.4%. This creates doubt as to how fast and how frequently the Fed will raise rates in 2018. Euro traders

    Read More
  • Nenad Kerkez
    Nenad Kerkez

    WTI is Bullish but Watch for Crude Oil Inventories Data

    Earlier this week, Oil prices rose as U.S. crude stockpiles showed a drawdown larger-than-expected late last week. In addition, Britain’s largest pipeline from its oil and gas fields in the North Sea had an unexpected shutdown for several weeks due to cracks appearing. This pipeline carries about 450,000 barrels per

    Read More
  • Anil Panchal
    Anil Panchal

    Technical Overview of GBP/USD, GBP/JPY, GBP/AUD & GBP/NZD: 13.12.2017

    GBP/USDAlthough better than expected UK Earnings triggered the GBPUSD’s bounce, the pair still remains below a short-term ascending trend-line, at 1.3370, that it broke yesterday. As a result, the pair’s pullback to 1.3300 round-figure can’t be denied if FOMC pleases the greenback Bulls; however, 50-day SMA level of 1.3245 might

    Read More
  • James Hyerczyk
    James Hyerczyk

    Gold Price Futures (GC) Technical Analysis – December 13, 2017 Forecast

    February Comex Gold futures are trading unchanged after giving up earlier gains ahead of today’s U.S. consumer inflation report and the Fed’s interest rate decision and monetary policy statement.At 1330 GMT, investors will get the opportunity to react to the latest U.S. consumer inflation data. It is expected to show

    Read More
  • James Hyerczyk
    James Hyerczyk

    Crude Oil Price Update – Market Set-up for Volatile Reaction to EIA Report

    January West Texas Intermediate crude oil futures are trading higher shortly before the regular session opening. Traders are reacting to an industry group report which showed a larger-than-expected draw down. According to the American Petroleum Institute, crude oil stocks fell by 7.4 million barrels during the week-ending December 8. However,

    Read More
  • Yaron Mazor
    Yaron Mazor

    Pound Noise a Constant for Traders

    Inflation data from the U.K continues to deliver challenging circumstances. The Pound is testing important short-term support.Tidal Changes a Certainty for PoundThe Pound continues to deliver a variety of daily waves for traders. The British currency is near important support as critical central bank announcements lay ahead the next twenty-four

    Read More
  • Colin First
    Colin First

    USD/CAD Daily Fundamental Forecast – December 13, 2017

    The USDCAD pair is still trying to work its way higher and by the look of things, it has not been making a great job of it. The prices continue to chop around the 1.2850 region for the last 24 hours with no significant progress being made. It remains to

    Read More
  • James Hyerczyk
    James Hyerczyk

    AUD/USD and NZD/USD Fundamental Daily Forecast – RBA Chief Says “Speculative Mania” Surrounding Cryptocurrencies

    The Australian Dollar is trading flat and the New Zealand Dollar slightly higher after giving up most of today’s earlier gains as investors await the release of U.S. consumer inflation data and the U.S. Federal Reserve’s interest rate and monetary policy decisions.At 1007 GMT, the AUD/USD is trading .7558, up

    Read More
  • James Hyerczyk
    James Hyerczyk

    USD/JPY Fundamental Daily Forecast – Solid CPI Data, Faster Rate Hikes Should Trigger Breakout to Upside

    The Dollar/Yen is trading lower early Wednesday after reaching its highest level since November 9 the previous session. Investors are being cautious ahead of a report on U.S. consumer inflation and the U.S. Federal Reserve’s interest rate decision and monetary policy statement. The dollar is also under pressure after a

    Read More
  • Colin First
    Colin First

    Commodities Daily Forecast – December 13, 2017

    GoldThe gold prices were relatively weaker during the Tuesday’s session as the market is expecting a hawkish outlook from Fed on interest rate hike. The market is below the $1250 level, which is essentially the fair value in the market in the long term. The gold prices are well supported

    Read More
  • James Hyerczyk
    James Hyerczyk

    S&P 500; US Indexes Fundamental Daily Forecast – Soft Fed Rate Forecast Could Be Bullish for Stocks

    U.S. stock indexes finished mixed on Tuesday with the Dow and S&P 500 finishing higher and the NASDAQ closing lower. The rally was fueled amid growing optimism that Republican lawmakers would be able to reform the corporate tax system, a move that would be benefit banking stocks. The price action

    Read More
  • Colin First
    Colin First

    EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – December 13, 2017

    EUR/USDThe pair was slightly negative during the Tuesday’s session as it reached towards the 1.1750 level. The volatility in the counter is mainly due to the Federal Reserve releasing its interest rate hike announcement later in the day today. A hawkish outlook will make this market to fall lower. The

    Read More
  • R Ponmudi
    R Ponmudi

    Gold Daily Analysis – December 13, 2017

    Gold prices dipped lower on Tuesday, hit a five-month low on the dollar strength. The expected rate hikes in 2018 continue to pressure gold prices lower. Gold prices trade slightly higher on Wednesday morning but remain near yesterday’s low at $1243.The PPI index was released yesterday at 0.4%. In the

    Read More

Favorites

SymbolLast PriceChange
EURUSD
EUR/USD
1.1827
+0.0086
+0.73%
GBPUSD
GBP/USD
1.3408
+0.0090
+0.68%
XAUUSD
Gold
1255.5
+12.415
+1%
CL
Crude Oil
56.685
-0.7350
-1.28%
SPX
S&P 500
2669.2
+4.5000
+0.17%
DAX
DAX 30
13074.0
-98.000
-0.74%
Live Quotes

Top Promotions

Top Brokers

Don't miss a thing!

Discover what's moving the markets sign up for a daily update delivered to your inbox