Forecasts

Forecasts & Analysis | Daily

  • Daily
  • Technical
  • Fundamental
  • Forex
  • Commodities
  • Indices
  • EUR/USD
  • USD/JPY
  • GBP/USD
  • USD/CAD
  • AUD/USD
  • Gold
  • Crude Oil
  • Natural Gas
  • Copper
  • Silver
  • S&P 500
  • DAX 30
  • FTSE 100
  • Video
Guest
9 hours ago

Looking for Epic Signs? Enter Silver

In our previous alert we wrote that the reversal in the precious metals market should once again not be taken at its face value and that one should not overreact based on it as the size of the potential rally was limited. Well, it turned out that “limited rally” was an euphemism for a decline. Gold, … Continue reading Looking for Epic Signs? Enter Silver

Christopher Lewis
11 hours ago

Major US Indices Forecast, May 1, 2017, Technical Analysis

S&P 500 The S&P 500 fell slightly during the day on Friday, but I think that there is enough support just below to bring buyers back in sooner rather than later. The gap of course should be supportive, and I believe that a supportive candle underneath will only attract more buyers… Read More S&P 500 … Continue reading Major US Indices Forecast, May 1, 2017, Technical Analysis

Christopher Lewis
11 hours ago

Major US Indices, Forecast for The Week of May 1, 2017, Technical Analysis

S&P 500 The S&P 500 gapped higher at the open of the week, and then shot towards the 2400 level. However, we turned around to form a less impressive candle, but I believe that any pull back from here will find buyers to continue the longer-term uptrend. I have no interest in shorting the S&P … Continue reading Major US Indices, Forecast for The Week of May 1, 2017, Technical Analysis

James Hyerczyk
15 hours ago

AUD/USD Forex Technical Analysis – May 1, 2017 Forecast

End-of-the-month position squaring and profit-taking may have helped boost the AUD/USD on Friday, but the market is still likely to be under pressure over the near-term because the Reserve Bank of Australia is likely to remain neutral on interest rates. The RBA is not in a position to raise rates because of the weak labor … Continue reading AUD/USD Forex Technical Analysis – May 1, 2017 Forecast

James Hyerczyk
16 hours ago

USD/JPY Fundamental Analysis – Forecast for the Week of May 1, 2017

The Dollar/Yen posted a strong gain last week, driven by strong demand for higher-yielding assets and a sell-off in safe haven assets like the Japanese Yen, The primary catalysts for the bullish tone were the favorable outcome of the French election, rising U.S. Treasury yields and a sharp increase in U.S. equity prices. The USD/JPY … Continue reading USD/JPY Fundamental Analysis – Forecast for the Week of May 1, 2017

James Hyerczyk
17 hours ago

AUD/USD and NZD/USD Fundamental Analysis – Forecast for the Week of May 1, 2017

The Australian and New Zealand Dollars closed lower last week with the Kiwi reaching its low for the year while plunging sharply. Investors in both currencies shrugged off a bullish tone for higher-yielding assets, instead choosing to focus on domestic issues. The AUD/USD closed the week at .7486, down 0.0057 or -0.75% and the NZD/USD … Continue reading AUD/USD and NZD/USD Fundamental Analysis – Forecast for the Week of May 1, 2017

Christopher Lewis
2 days ago

DAX Index Forecast may first, 2017, Technical Analysis

The DAX fell initially on Friday, but turned around to form a hammer. We continue to grind sideways overall, trying to break above the €12,500 level. If we can get above there, the market should continue to go much higher. Even if we fall from here, I see quite a bit of support below, especially … Continue reading DAX Index Forecast may first, 2017, Technical Analysis

Christopher Lewis
2 days ago

Dow Jones 30 and NASDAQ 100 Forecast May 1, 2017, Technical Analysis

Dow Jones 30 The Dow Jones 30 did very little during the Friday session as we continue to hover just below the 21,000 level. If we can break above the top of the shooting star from the Wednesday session, then the market should go much higher. A pullback from here should find plenty of support … Continue reading Dow Jones 30 and NASDAQ 100 Forecast May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

S&P 500 Forecast May 1, 2017, Technical Analysis

The S&P 500 fell slightly during the day on Friday, but I think that there is enough support just below to bring buyers back in sooner rather than later. The gap of course should be supportive, and I believe that a supportive candle underneath will only attract more buyers. I have no interest in shorting, … Continue reading S&P 500 Forecast May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

FTSE 100 Forecast May 1, 2017, Technical Analysis

The FTSE 100 fell on Friday, testing the 7200 level for support. We bounced from there, which is a bullish sign, especially considering that there is a gap just below. However, we have spent most of the week pulling back so I think we’re going to see a massive amount of volatility. I do believe … Continue reading FTSE 100 Forecast May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

Silver Forecast May 1, 2017, Technical Analysis

Silver markets initially tried to rally on Friday but turned around to fall and form a shooting star like candle. I think that the markets going to continue to reach towards the $17 level where I would anticipate to see quite a bit of support. A breakdown below there will find a mass amount of … Continue reading Silver Forecast May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

Crude Oil Forecast May 1, 2017, Technical Analysis

WTI Crude Oil The WTI Crude Oil market rallied initially during the day on Friday but found the $50 level to be too resistive. We turned around to form a shooting star, and with the hammer from the previous session, and the weekly candle looking a lot like hammer, I think we’re going to see … Continue reading Crude Oil Forecast May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

Natural Gas Forecast may first, 2017, Technical Analysis

Natural gas markets rallied on Friday, breaking above the top of the hammer from Thursday and clearing the important $3.25 level. I believe that the market is going to continue to go higher from here, reaching towards the $3.33 level above. Once we break above there, the market should be free to go to the … Continue reading Natural Gas Forecast may first, 2017, Technical Analysis

Christopher Lewis
2 days ago

Gold Prices May 1, 2017, Technical Analysis

Gold markets had a relatively quiet session on Friday, as we continue to bounce around the $1260 level. There is quite a bit of noise just below, extending all the way down to the $1240 level. Because of this, I’m looking for some type of supportive candle to start going long, and a break above … Continue reading Gold Prices May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

USD/JPY Forecast May 1, 2017, Technical Analysis

The USD/JPY pair rallied on Friday, but found a bit of resistance at the 50-day exponential moving average. Nonetheless, it looks as if we are trying to build up enough momentum to break above the 112 handle, and if we do I think the market will continue to grind its way towards the 115 handle. … Continue reading USD/JPY Forecast May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

USD/CAD Forecast May 1, 2017, Technical Analysis

The USD/CAD pair initially rally during the day on Friday, but found enough resistance at the 1.37 level to turn around and form a resistive looking candle. I believe that a market dropping from here will probably look for support at the 1.36 handle. Alternately, a supportive candle should be a buying opportunity, and the … Continue reading USD/CAD Forecast May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

NZD/USD Forecast May 1, 2017, Technical Analysis

The New Zealand dollar fell slightly during the day on Friday as we continue to see support at the 50% Fibonacci retracement level. The 0.6850 level continues to be supportive, as it was resistive in the past. If we can break down below there I think that the market will drop down. A bounce from … Continue reading NZD/USD Forecast May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

GBP/USD Forecast May 1, 2017, Technical Analysis

The GBP/USD pair initially fell on Friday but turned around and continue to show bullish pressure. This market has clearly broken out, and I believe that we will continue to go much higher. The 1.3450 level above should be a target longer-term, as the market should reach towards the top of the consolidation area that … Continue reading GBP/USD Forecast May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

GBP/JPY Forecast May 1, 2017, Technical Analysis

GBP/JPY pair traded lower initially during the day on Friday but found enough support to turn around and continue the grind higher. In fact, we are starting to get close to the 145 level which has been my target. I think that could cause a little bit of a pullback, but quite frankly that pullback … Continue reading GBP/JPY Forecast May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

EUR/USD Forecast May 1, 2017, Technical Analysis

The EUR/USD pair rallied initially on Friday, breaking above the 1.09 handle. We continue the consolidation that we have seen all week, and it now looks as if we are starting to roll over slightly. If we do drop from here, I expect to see quite a bit of support near the 1.0750 level, and … Continue reading EUR/USD Forecast May 1, 2017, Technical Analysis

FX Empire - the company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as link result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
FX Empire may receive compensation from the companies featured on the network.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. FX Empire bears no responsibility for any trading losses you might incur as link result of using any data within the FX Empire.