Forecasts & Analysis |
Natural Gas Price Prediction – Prices Rebound on Cold Weather
Cost weather is spreading across the west coast
AutoZone Tops Q2 Earnings Estimates; Stock Has Over 15% Upside Potential
Memphis, Tennessee-based auto parts retailer AutoZone reported better-than-expected earnings in the second quarter, largely driven by government stimulus and recovery in consumer demand from the COVID-19 pandemic slump, sending its shares up over 1% on Tuesday.
USD/CAD Daily Forecast – Canadian Dollar Continues To Move Higher
USD/CAD managed to settle below the support at 1.2665 and is testing the next support at 1.2625.
Why NIO Stock Is Down By 8% Today?
NIO shares gained strong downside momentum.
Gold Continues Declines on Bond Yield Jitters
The economy seems to be recovering, while bond yields are increasing again, sending gold prices down.
Silver Price Daily Forecast – Support At $25.85 Stays Strong
Silver tested the support at $25.85 but did not manage to develop sufficient downside momentum.
Daily Gold News: Tuesday, Mar. 2 – Gold Bouncing From $1,700
The gold futures contract lost 0.34% on Monday, as it fluctuated after breaking below the previous local low and a support level of $1,750. The market is the lowest since mid-June of 2020. This morning gold is bouncing from $1,700 price level, as we can see on the daily chart
Zoom Trading Sharply Higher After Blowout Quarter
This bullish action completes a double bottom reversal that should signal the end of the five-month correction.
Oil Price Fundamental Daily Forecast – OPEC+ Supply Increase Worries Giving Traders an Excuse to Book Profits
We’re not too worried about a sell-off since OPEC+ has a pretty strong grip on supply and can add it and take it away, seemingly at will.
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