Forecasts & Analysis | Technical, Page 1

  • Blake Morrow
    Blake Morrow

    Is the Market’s Fixation on Bonds Justified?

    The Macro PerspectiveGlobal bond markets had been in a bull market for around 2 decades, having had arguably their best run in history. This has been a prolonged and strong trend, which at times looked unstoppable. Many benchmark government bonds yielded zero or negative, something unheard of a few years back.

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  • Bob Mason
    Bob Mason

    Cardano Technical Analysis – Up on the Day on a Bullish Trend 25/02/2018

    Key HighlightsCardano’s ADA slipped to a weekend low $0.289 on Saturday, reversing a 3% gain through the early part of the day that saw Cardano hit a day high $0.3296.It’s been quite a sell-off for Cardano when looking back at the start of the year’s high $1.384.For the week, Monday

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  • James Hyerczyk
    James Hyerczyk

    Crude Oil Price Update – Strengthens Over $63.15, Weakens Under $62.15

    April West Texas Intermediate crude oil futures closed higher last week, settling at $63.55, up $2.00 or +3.25%. Early in the week, the market was pressured by a stronger U.S. Dollar which weakened foreign demand. However, oil prices reversed the earlier losses following the shutdown of the El Feel oilfield

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  • James Hyerczyk
    James Hyerczyk

    Gold Price Futures (GC) Technical Analysis – Inside Trade Suggests Investor Indecision, Impending Volatility

    April Comex Gold futures closed lower last week, settling at $1330.30, down $25.90 or -1.91%. The catalyst behind the selling pressure was higher U.S. interest rates and a firmer U.S. Dollar. The inside move suggests investor indecision and impending volatility.Weekly April Comex GoldWeekly Technical AnalysisThe main trend is up according

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  • James Hyerczyk
    James Hyerczyk

    E-mini Dow Jones Industrial Average (YM) Futures Analysis – Bullish Over 25310, Bearish Under 24636

    The March E-mini Dow Jones Industrial Average futures contract closed higher last week, settling at 25314, up 78 or +0.31%. The market posted an inside move, indicating investor indecision and impending volatility.Weekly March E-mini Dow Jones Industrial AverageWeekly Technical AnalysisThe main trend is down according to the weekly swing chart.

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  • James Hyerczyk
    James Hyerczyk

    E-mini S&P 500 Index (ES) Futures Technical Analysis – Momentum Strong Over 2745.00, Weak Under 2703.75

    The March E-mini S&P 500 Index closed higher last week, settling at 2748.75, up 13.75 or +0.50%. This was the benchmark index’s second consecutive higher close since the massive sell-off the first week or February.Weekly March E-mini S&P 500 IndexWeekly Technical AnalysisThe main trend is up according to the weekly

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  • James Hyerczyk
    James Hyerczyk

    E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Main Trend Changes to Up on Move Through 7047.25

    The March E-mini NASDAQ-100 Index settled higher last week. The futures contract finished the week at 6909.75, up 123.00 or +1.81%.Weekly March E-mini NASDAQ-100 IndexWeekly Technical AnalysisThe main trend is down according to the weekly swing chart. A trade through 7047.25 will change the main trend to up.The short-term range

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  • James Hyerczyk
    James Hyerczyk

    AUD/USD Forex Technical Analysis – Inside Move Signaling Investor Indecision, Impending Volatility

    The AUD/USD closed higher on Friday despite the relatively low volume. The inside move indicates investor indecision and impending volatility.Daily AUD/USDDaily Technical AnalysisThe main trend is down according to the daily swing chart. A trade through .7789 will indicate the selling is getting stronger. A trade through .7758 will reaffirm

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  • James Hyerczyk
    James Hyerczyk

    Comex High Grade Copper Price Futures (HG) Technical Analysis – Light Holiday Volume, Firm Dollar Limiting Gains

    May Comex High Grade Copper futures settled slightly higher on Friday, but inside the previous day’s range. The inside move suggests investor indecision and impending volatility. Copper closed lower for the week, mostly pressured by a stronger U.S. Dollar.Daily May Comex High Grade CopperDaily Technical AnalysisThe main trend is up

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  • James Hyerczyk
    James Hyerczyk

    US Dollar Index (DX) Futures Technical Analysis – Building Support Base, but Facing Wall of Resistance

    March U.S. Dollar Index futures closed higher on Friday, but inside the previous day’s range. This tends to indicate investor indecision and impending volatility. The market is trading in a position where buyers will either continue the rally by taking out a closing price reversal top, or sellers will confirm

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  • James Hyerczyk
    James Hyerczyk

    Crude Oil Price Update – Going to Need Strong Upside Momentum to Sustain Rally

    U.S. crude oil futures settled higher on Friday, supported by a drop in Libyan production and positive comments from Saudi Arabia that validated the OPEC-led plan to cut production, trim the global supply glut and stabilize prices.April West Texas Intermediate crude oil futures settled at $63.55, up $0.78 or +1.24%.Daily

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  • David Becker
    David Becker

    EUR/USD Daily Technical Analysis for February 26, 2018

    The EUR/USD continue to trade on the defensive as softer inflation was confirmed in the Eurozone.  German Q4 GDP was confirmed as expected and the Fed’s Monetary Policy report did not offer anything new.TechnicalsEUR/USD traded on either side of 1.2300 through the session, though has printed its fifth consecutive lower

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  • Anil Panchal
    Anil Panchal

    Technical Update For Gold, Silver & WTI Crude Oil: 23.02.2018

    GOLDFollowing its failure to extend latest bounce, the Gold prices re-test two-month old TL support, around $1325.50, breaking which 50-day SMA level of $1319 and the $1307 are likely rests that it could avail before testing the $1298 support-mark, near to 100-day SMA. Moreover, the Bullion’s sustained downturn beneath the

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  • Christopher Lewis
    Christopher Lewis

    Ethereum forecast for the week of February 26, 2018, Technical Analysis

    ETH/USDEthereum initially fell during the course of the week, turning around to bounce above the $860 level. The market looks likely to continue to find a certain amount of noise in this market, and I see this as a market that should continue to reach towards the $1000 level above.

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  • Christopher Lewis
    Christopher Lewis

    Alt Coins forecast for the week of February 26, 2018, Technical Analysis

    BTCBTC/USDBitcoin Gold has initially tried to rally during the week but has turned around to form a bit of a shooting star. There is a hammer that sits just below though, so I think that the market is going to continue to be difficult, and longer-term traders are going to

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  • Christopher Lewis
    Christopher Lewis

    Bitcoin forecast for the week of February 26, 2018, Technical Analysis

    BTC/USDBitcoin markets initially tried to rally during the week, but then fell rather significantly to form a shooting star. The shooting star is a very negative candle, and I think that if we can break down below the bottom of that shooting star, the market is probably going to drop

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  • Christopher Lewis
    Christopher Lewis

    DAX Index forecast for the week of February 26, 2018, Technical Analysis

    The German index initially fell during the week but turned around to find enough support to bounce and form a nice-looking hammer. The hammer of course is a bullish sign, and a break above the top of the hammer is a buy signal. The €12,750 level above should be resistive,

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  • Christopher Lewis
    Christopher Lewis

    Dow Jones 30 and NASDAQ 100 forecast for the week of February 26, 2018, Technical Analysis

    Dow Jones 30The Dow Jones 30 has fallen during most of the week but found enough support underneath at the 20 SMA in the Bollinger Bands indicator on the weekly chart to turn around and form a hammer. The hammer sits just above the 25,000 level, an area that should

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  • Christopher Lewis
    Christopher Lewis

    S&P 500 forecast for the week of February 26, 2018, Technical Analysis

    The S&P 500 initially fell during the week but found enough support just below the 2700 level to turn things around and form a hammer. The hammer is a good sign, and if we can break above the top of this hammer, we could to continue the uptrend, perhaps reaching

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  • Christopher Lewis
    Christopher Lewis

    FTSE 100 forecast for the week of February 26, 2018, Technical Analysis

    I believe that the FTSE 100 falling during the weekend then turning around to form a hammer is a very good sign. If we can break above the top of the weekly hammer, then the market should continue to work towards the 7500 level. Ultimately, I believe that the market

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Favorites

SymbolLast PriceChange
EURUSD
EUR/USD
1.2296
-0.0028
-0.23%
GBPUSD
GBP/USD
1.3971
+0.0021
+0.15%
XAUUSD
Gold
1328.9
-1.2800
-0.1%
CL
Crude Oil
63.575
+0.9550
+1.53%
SPX
S&P 500
2747.0
+34.250
+1.26%
DAX
DAX 30
12539.2
+37.750
+0.3%
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