Forecasts & Analysis | Daily, Page

  • James Hyerczyk
    James Hyerczyk

    Oil Price Fundamental Daily Forecast – Prices Firm After API Reports Drop in U.S. Inventories

    U.S. West Texas Intermediate and international-benchmark Brent crude oil futures closed lower on Tuesday as investors continued to express concerns over a possible increase in OPEC crude supply. Also pressuring prices were the escalating trade dispute between the United States and China.August WTI crude oil settled at $65.07, down $078

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  • James Hyerczyk
    James Hyerczyk

    USD/JPY Fundamental Daily Forecast – Prices Firm, but Investors Remain on Edge Over US-China Trade Dispute

    The Dollar/Yen fell on Tuesday after U.S. President Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods, prompting a swift warning from Beijing of retaliation. The news drove global stock markets sharply lower, sending investors scurrying for the safety of the Japanese Yen.A drop in

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  • Christopher Lewis
    Christopher Lewis

    S&P 500 Price Forecast – S&P 500 rocked by continued escalating trade tensions

    The S&P 500 has broken down significantly during the trading session on Tuesday as the announcement came out that another $200 billion worth of tariffs were going to be leveled against the Chinese. The Chinese will certainly retaliate, and this shows that we are going to escalate the trade war.

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  • Christopher Lewis
    Christopher Lewis

    Silver Price Forecast – Silver markets hammered on Tuesday

    Silver markets have been hammered on Tuesday as we continue to worry about trade tariffs between the United States and China, and an escalation of the potential trade war. Silver of course is greatly influenced by the US dollar as the commodity is bought in that currency, and the US

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  • Christopher Lewis
    Christopher Lewis

    Crude Oil Price Forecast – crude oil markets fall apart on Tuesday

    WTI Crude OilThe WTI Crude Oil market has been noisy during the trading session on Tuesday, losing 1.5% right off the bat. The market still has plenty of support underneath though based upon the uptrend line, and I don’t think that we will break down below there before we get

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  • Christopher Lewis
    Christopher Lewis

    Natural Gas Price Forecast – natural gas markets get hammered on Tuesday

    Natural gas markets fell rather hard during the day on Tuesday, reaching down to the $2.90 level, but at the end of the day I think there is still plenty of bounce left in this market. I don’t know that we reach new highs again, and quite frankly I think

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  • Christopher Lewis
    Christopher Lewis

    Gold Price Forecast – Gold markets fall again on Tuesday

    The strengthening US dollar in the Forex market certainly has played a certain amount of part two the selloff in gold, as it takes less of those US dollars to buy gold. By breaking through the $1275 level, we have seen significant support broken through, but as I record this

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  • Christopher Lewis
    Christopher Lewis

    USD/JPY Price Forecast – markets rattled by increased tariffs

    The US dollar has been very noisy against the Japanese yen, breaking down towards the ¥109.50 level, an area that of course attract some attention, before bouncing towards the ¥110 level. We have rolled over since then, but only slightly so. I feel that the markets are probably in more

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  • Christopher Lewis
    Christopher Lewis

    GBP/USD Price Forecast – British pound falls hard during trade spat

    The British pound has broken down significantly during the trading session on Tuesday, as the United States as added more trade tariffs against the Chinese. Obviously, the Chinese will retaliate, and this is what the market is contemplating. I think that the breaking of 1.32 is a significant signal, that

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  • Christopher Lewis
    Christopher Lewis

    GBP/JPY Price Forecast – British pound collapses against Japanese yen on Tuesday

    The British pound has broken down during the trading session on Tuesday, as it was announced that the US was slapping more in the way of tariffs against the Chinese, which of course has a lot of a “risk off” feel to it, as people are concerned about the next

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  • Christopher Lewis
    Christopher Lewis

    EUR/USD Price Forecast – Euro falls in risk off environment on Tuesday

    The EUR/USD pair has fallen a bit during the trading session on Tuesday but remains above the vital 1.15 handle below. That’s an area that is psychologically important, just as it is structurally important. The 1.15 level has a ton of noise underneath it, and I think it should be

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  • Christopher Lewis
    Christopher Lewis

    AUD/USD Price Forecast – Australian dollar falls significantly in risk off event

    I have a hard time thinking of a currency that would be much more sensitive to the plight of the Chinese economy than the Australian dollar, as Australia is where most of the hard commodities for the Chinese factories come from. Ultimately, I think that the Australian dollar will continue

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  • James Hyerczyk
    James Hyerczyk

    AUD/USD and NZD/USD Fundamental Daily Forecast – Demand for Risk Controlling Price Action

    The Australian and New Zealand Dollars plunged on Tuesday as investors dumped higher risk and commodity-linked currencies in reaction to an escalation of trade tensions between the United States and China.The selling pressure was also fueled by a steep drop in global equity markets after President Trump threatened China with

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  • James Hyerczyk
    James Hyerczyk

    AUD/USD Forex Technical Analysis – June 20, 2018 Forecast

    The Australian Dollar is trading slightly better early Wednesday as tensions over the trade rift between the United States and China eased, at least temporarily. Persistent worries about a possible trade war and a drop in U.S. Treasury yields could cap the currency’s gains, however.At 0241 GMT, the AUD/USD is

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  • James Hyerczyk
    James Hyerczyk

    Crude Oil Price Update – Bullish Over $65.82, Bearish Under $64.67

    August West Texas Intermediate crude oil futures settled lower on Tuesday as investors continued to brace for the announcement of production hikes at the OPEC meeting in Vienna on June 22-23. Volatility is still at heightened levels, however, because no one is sure of the size of the increase in

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  • James Hyerczyk
    James Hyerczyk

    Gold Price Futures (GC) Technical Analysis – June 19, 2018 Forecast

    Gold futures are trading lower on Tuesday as safe-haven buyers once again failed to react as expected to stock market volatility. One would think that gold would be higher given the soft stock market and lower Treasury yields, however, the stronger U.S. Dollar appears to be putting pressure on the

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  • James Hyerczyk
    James Hyerczyk

    E-mini Dow Jones Industrial Average (YM) Futures Analysis – June 19, 2018 Forecast

    September E-mini Dow Jones Industrial Average futures are trading sharply lower shortly after the cash market opening. Earlier in the session, the Dow reached a low of 24569. However, since then it has clawed back some of those losses.Daily September E-mini Dow Jones Industrial AverageDaily Technical AnalysisThe main trend is

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  • David Becker
    David Becker

    Gold Price Prediction – Gold Drops as Momentum Turns Negative

    Gold prices are trading under pressure after breaking through trend line support.  Momentum has turned negative and will likely weigh on prices as it targets the 2018 lows. A strong dollar and continued trade spat threats is generating demand for U.S. dollars, which is countering, and safe-haven bid gold might

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  • James Hyerczyk
    James Hyerczyk

    EUR/USD Mid-Session Technical Analysis for June 19, 2018

    The EUR/USD is under pressure on Tuesday due to a dispute in Germany’s governing coalition and renewed concerns over the European Central Bank’s plans to hold interest rates steady into 2019.Daily Technical AnalysisThe main trend is down according to the daily swing chart. The downtrend resumed earlier today when sellers

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  • Anil Panchal
    Anil Panchal

    Technical Checks For EUR/USD, NZD/USD, USD/CAD & USD/CHF: 19.06.2018

    EUR/USDHaving failed to clear the 1.1835-50 horizontal region, the EURUSD is likely revisiting the 1.1510-1.1500 support-zone; though, oversold RSI might confine the pair’s following downturn, if not then the 1.1475 and the 1.1440 could quickly appear on the chart. In case if the pair continue trading southwards after 1.1440, the

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Favorites

SymbolLast PriceChange
EURUSD
EUR/USD
1.1570
-0.0017
-0.15%
GBPUSD
GBP/USD
1.3160
-0.0012
-0.09%
XAUUSD
Gold
1274.1
-0.6400
-0.05%
CL
Crude Oil
65.195
+0.1250
+0.19%
SPX
S&P 500
2772.2
+5.0000
+0.18%
DAX
DAX 30
12708.5
+36.000
+0.28%
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