Forecasts
  • 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
James Hyerczyk
9 hours ago

E-mini Dow Jones Industrial Average (YM) Futures Analysis – December 8, 2016 Forecast

December E-mini Dow Jones Industrial Average futures are expected to open slightly higher as investors digest the European Central Bank’s decision to extend quantitative easing until December 2107. It also said it would reduce purchases to 60 billion Euros per month. We could see volatility early in the session because ECB President Mario Draghi will … Continue reading E-mini Dow Jones Industrial Average (YM) Futures Analysis – December 8, 2016 Forecast

James Hyerczyk
10 hours ago

Comex Gold Futures (GC) Technical Analysis – December 8, 2016 Forecast

December Comex Gold futures are trading lower after the European Central Bank’s decision drove the Euro lower and the U.S. Dollar higher. The market is trading inside yesterday’s range which suggests investor indecision and impending volatility. Technical Analysis The main trend is down according to the daily swing chart. The market is far from turning … Continue reading Comex Gold Futures (GC) Technical Analysis – December 8, 2016 Forecast

James Hyerczyk
11 hours ago

E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – December 8, 2016 Forecast

December E-mini NASDAQ-100 Index futures are trading slightly higher shortly before the release of the European Central Bank’s monetary policy announcement. Yesterday’s rally was fueled by the thought that the central bank will provide additional stimulus. If they meet or exceed expectations then we could rally sharply higher again today. Since the NASDAQ-100 Index is … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – December 8, 2016 Forecast

James Hyerczyk
11 hours ago

E-mini S&P 500 Index (ES) Futures Technical Analysis – December 8, 2016 Forecast

December E-mini S&P 500 Index futures are called flat shortly before the release of the European Central Bank’s monetary policy statement. Yesterday, the index surged to a new all-time high as investors priced in the possibility of additional stimulus from the central bank. Technical Analysis The main trend is up according to the daily swing … Continue reading E-mini S&P 500 Index (ES) Futures Technical Analysis – December 8, 2016 Forecast

James Hyerczyk
12 hours ago

US Dollar Index (DX) Futures Technical Analysis – December 8, 2016 Forecast

December U.S. Dollar Index futures are trading lower shortly before the release of the European Central Bank’s monetary policy decision. This decision is likely to create a volatile reaction. The price action suggests investors are expecting the central bank to announce additional stimulus, tapering and even setting the date for the end of quantitative easing. … Continue reading US Dollar Index (DX) Futures Technical Analysis – December 8, 2016 Forecast

James Hyerczyk
12 hours ago

EUR/USD Mid-Session Analysis for December 8, 2016

The EUR/USD is trading slightly better shortly before the European Central Bank monetary policy announcement. The central bank is widely expected to add stimulus. If it announces the end to quantitative easing then it may rally. Technical Analysis The main trend is up according to the daily swing chart. It was reaffirmed earlier today when … Continue reading EUR/USD Mid-Session Analysis for December 8, 2016

James Hyerczyk
12 hours ago

Comex High Grade Copper Futures (HG) Technical Analysis – December 8, 2016 Forecast

March Comex High Grade Copper futures are trading slightly higher on Thursday after recovering from an early session setback. Volume is light again and the market is still trading inside Monday’s wide range. This indicates investor indecision and impending volatility. There is a slight bias to the downside this week. Technical Analysis The main trend … Continue reading Comex High Grade Copper Futures (HG) Technical Analysis – December 8, 2016 Forecast

James Hyerczyk
14 hours ago

ICE Coffee Futures (KC) Technical Analysis – December 8, 2016 Forecast

March ICE Coffee prices continued to weaken on Wednesday despite the weaker U.S. Dollar and the news that Brazilian coffee exports were down to 2.78 million tonnes in November, compared to 3.01 million bags a year ago. Arabica coffee is flirting with bear market territory, having dropped nearly 20 percent from its peak a month … Continue reading ICE Coffee Futures (KC) Technical Analysis – December 8, 2016 Forecast

James Hyerczyk
15 hours ago

AUD/USD Forex Technical Analysis – December 8, 2016 Forecast

The AUD/USD is trading higher early Thursday, greater demand for higher risk assets and a weaker U.S. Dollar are behind the buying. Speculators may be betting on more stimulus from the European Central Bank later in the session. A 3.5% surge in iron ore prices is helping to underpin the Australian Dollar. Traders seem to … Continue reading AUD/USD Forex Technical Analysis – December 8, 2016 Forecast

Christopher Lewis
16 hours ago

Major US Indices Forecast, December 8, 2016, Technical Analysis

NASDAQ 100 The NASDAQ 100 initially fell on Wednesday but found enough buyers underneath to turn things around and break above the 4800 level. As I have been saying, move above that level should send this market looking for the 4900 level above. That is the top of the recent consolidation area and as a … Continue reading Major US Indices Forecast, December 8, 2016, Technical Analysis

David Becker
19 hours ago

WTI Crude Daily Update for December 8, 2016

WTI crude oil prices rebounded off their lows but still moved down more than 1.25% following a larger than expected build in total petroleum inventories reported on Wednesday by the Department of Energy. Crude oil stocks built more than expected in Cushing Oklahoma where WTI is prices which also weighed on prices.  Resistance is seen … Continue reading WTI Crude Daily Update for December 8, 2016

David Becker
19 hours ago

EUR/USD Prediction for December 8, 2016

The EUR/USD consolidated edging slightly higher as weaker than expected German production data failed to erode the value of the currency pair.  The EUR/USD is forming a bull flag pattern after generating an outside reversal date earlier in the week.  Resistance is seen near the October lows at 1.0850, while support is seen near the … Continue reading EUR/USD Prediction for December 8, 2016

David Becker
19 hours ago

Gold Price Prediction for December 8, 2016

Gold prices edged higher testing resistance near the 10-day moving average at 1,178.  U.S. yields were stable as stock prices surged, allowing gold to edge higher just above support near the December lows at 1,156.  With the dollar holding steady, gold prices have stopped accelerating lower. The RSI (relative strength index) has moved slightly higher … Continue reading Gold Price Prediction for December 8, 2016

David Becker
19 hours ago

Technical Natural Gas Report for December 8, 2016

Natural gas prices whipsawed for a second straight trading session as prices attempted to break out and failed again.  Resistance is seen near the daily highs at 3.75, while support is now seen near the 10-day moving average at 3.42.  Colder than normal weather is expected to cover most of the United States over the … Continue reading Technical Natural Gas Report for December 8, 2016

Christopher Lewis
19 hours ago

Nikkei 225 Forecast December 8, 2016, Technical Analysis

The Nikkei 225 had a slightly positive session on Wednesday, as we continue to test the ¥18,500 region. If we can break out above, I believe that this market will continue to reach higher, and eventually head towards my longer-term target of ¥20,000. Pullbacks at this point should continue to see quite a bit of … Continue reading Nikkei 225 Forecast December 8, 2016, Technical Analysis

Christopher Lewis
19 hours ago

DAX Forecast December 8, 2016, Technical Analysis

The German index broke higher during the day on Wednesday, as we have completely cleared the €10,800 level. This should continue to send the market higher, and pullbacks at this point should find plenty of buyers underneath in order to continue to push towards the longer-term target of €12,500. I believe that every time we … Continue reading DAX Forecast December 8, 2016, Technical Analysis

Christopher Lewis
19 hours ago

NASDAQ 100 Forecast December 8, 2016, Technical Analysis

The NASDAQ 100 initially fell on Wednesday but found enough buyers underneath to turn things around and break above the 4800 level. As I have been saying, move above that level should send this market looking for the 4900 level above. That is the top of the recent consolidation area and as a result I … Continue reading NASDAQ 100 Forecast December 8, 2016, Technical Analysis

Christopher Lewis
19 hours ago

S&P 500 Forecast December 8, 2016, Technical Analysis

The S&P 500 broke out during the day on Wednesday, as we have now broken above the 2225 level. This is an area that is very bullish, and it appears that we are going to continue to go even higher. I believe that given enough time will reach towards the 2250 level. I think pullbacks … Continue reading S&P 500 Forecast December 8, 2016, Technical Analysis

Christopher Lewis
19 hours ago

FTSE 100 Forecast December 8, 2016, Technical Analysis

The FTSE 100 rallied on Wednesday, as we continue to see buyers enter this market. Now that we are clearly above the 6800 level, it looks as if we’re going to reach towards the 7000 handle given enough time. That is the top of the larger consolidation area, so having said that I believe it … Continue reading FTSE 100 Forecast December 8, 2016, Technical Analysis

Christopher Lewis
19 hours ago

Dow Jones 30 Forecast December 8, 2016, Technical Analysis

The Dow Jones 30 broke out to the upside on Wednesday, absolutely smashing through various forms of resistance. I believe that every time we pullback we will find buyers, and I believe more than ever that we should reach towards the 20,000 handle. That’s my longer-term target, and I will continue to buy this market … Continue reading Dow Jones 30 Forecast December 8, 2016, Technical Analysis

Load More