Forecasts & Analysis |
Gold Price Prediction – Prices Whipsaw and Fail to Gain Traction
The dollar continues to surge
Natural Gas Price Fundamental Daily Forecast – Stable as Traders Await the Next Major Catalysts
Looking ahead to next week, early estimates call for a modest build that reflects the intense heat cooking the western United States in June, according to NGI.
USD/CAD Daily Forecast – Canadian Dollar Remains Under Strong Pressure Ahead Of The Weekend
USD/CAD tested resistance at 1.2480.
FOMC Sees Two Rate Hikes in 2023. Gold Didn’t Like It!
The newest Fed’s statement and dot-plot indicated a much more hawkish tone among the FOMC members than the markets expected, and gold dropped.
Why NVIDIA Stock is Up By 3% Today
The stock made an attempt to settle above $775.
Gold: The Fed Wreaked Havoc on the Precious Metals
Gold declined on Wednesday, or I should say, it rushed down at breakneck speed. And while it might have been a surprise for some, it wasn’t for me.
USD/INR: Rupee Snaps Eight-Day Losing Run
The Indian rupee snapped its eight-day losing streak on Friday, appreciating about 36 paise against the U.S. dollar, largely driven by stronger Asian currencies and lower oil prices.
Silver Price Daily Forecast – Silver Tries To Rebound After Yesterday’s Strong Sell-Off
Silver made an attempt to settle above the resistance at $26.30.
Adobe Shares Hit New Record High After Earnings Beat Estimates; Analysts Raise Target Price
Adobe shares scaled its fresh all-time high on Friday after the U.S. multinational computer software company reported better-than-expected earnings and revenue in the fiscal second quarter, prompting several analysts to raise their one-year price targets.
Oil Price Fundamental Daily Forecast – Traders Concerned Hawkish Fed May Curtail Demand Growth
Traders may be using this week’s hawkish tone in the Fed’s monetary policy statement as an excuse to book profits after posting a 17-day rally.
