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
Anil Panchal
12 hours ago

Technical Update: EUR/NZD, EUR/AUD And AUD/NZD

EUR/NZD EURNZD’s sustained weakness again drags the pair towards support-line of five-month old descending trend-channel with brighter chances signaling its dip to 61.8% FE of May – July downturn, at 1.4580, on the break of 1.4660. Given the pair continue declining below 1.4580, the 1.4540 may offer an intermediate halt before fetching prices to 1.4250-45 … Continue reading Technical Update: EUR/NZD, EUR/AUD And AUD/NZD

James Hyerczyk
15 hours ago

E-mini Dow Jones Industrial Average (YM) Futures Analysis – December 9, 2016 Forecast

December E-mini Dow Jones Industrial Average futures are called higher shortly before the cash market opening. The current rally is being fueled by momentum related to Trump’s pro-business economic plan and the European Central Bank’s extension of stimulus. The rally is not very complicated so there isn’t a lot of detail in this forecast. Since … Continue reading E-mini Dow Jones Industrial Average (YM) Futures Analysis – December 9, 2016 Forecast

James Hyerczyk
15 hours ago

E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – December 9, 2016 Forecast

December E-mini NASDAQ-100 Index futures are called slightly higher shortly before the cash market open. The current rally is being driven by post-election euphoria and a surprise monetary policy announcement from the European Central Bank (ECB). The main trend is up according to the daily swing chart. The new swing bottom is 4701.50. A trade … Continue reading E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – December 9, 2016 Forecast

James Hyerczyk
15 hours ago

E-mini S&P 500 Index (ES) Futures Technical Analysis – December 9, 2016 Forecast

December E-mini S&P 500 Index futures are trading flat shortly before the cash market opening. The main trend is up according to the daily swing chart. Momentum is also to the upside. Nonetheless, we are in the window of time for a closing price reversal top. Based on the last price at 2247.75, the key … Continue reading E-mini S&P 500 Index (ES) Futures Technical Analysis – December 9, 2016 Forecast

James Hyerczyk
15 hours ago

Comex Gold Futures (GC) Technical Analysis – December 9, 2016 Forecast

February Comex Gold futures are trading lower shortly before the cash market opening. The market is likely to begin the session on the weak side of a downtrending angle and a short-term pivot. Technical Analysis The main trend is down according to the daily swing chart. A trade through $1158.60 will signal a resumption of … Continue reading Comex Gold Futures (GC) Technical Analysis – December 9, 2016 Forecast

James Hyerczyk
16 hours ago

US Dollar Index (DX) Futures Technical Analysis – December 9, 2016 Forecast

December U.S. Dollar Index futures are trading higher on Friday. The move is essentially a follow-through rally, following yesterday’s major reversal to the upside. Technical Analysis The main trend is down according to the daily swing chart. However, momentum shifted to the upside on Thursday when the index formed a closing price reversal bottom. Overtaking … Continue reading US Dollar Index (DX) Futures Technical Analysis – December 9, 2016 Forecast

James Hyerczyk
16 hours ago

AUD/USD Forex Technical Analysis – December 9, 2016 Forecast

The AUD/USD is trading slightly higher in a lackluster trade. For the sixth out of seventh day, the Forex pair straddled a key 50% level. This indicates investor indecision and impending volatility. Technical Analysis The main trend is up according to the daily swing chart. However, the closing price reversal top at .7507 has temporarily … Continue reading AUD/USD Forex Technical Analysis – December 9, 2016 Forecast

James Hyerczyk
17 hours ago

EUR/USD Mid-Session Technical Analysis for December 9, 2016

The EUR/USD is trading lower on Friday. The market is still feeling pressure from yesterday’s European Central Bank Decision. Higher global equity markets and high expectations for a rate hike by the Fed on December 14 are also weighing on the Forex pair. Technical Analysis The main trend is up according to the daily swing … Continue reading EUR/USD Mid-Session Technical Analysis for December 9, 2016

David Becker
yesterday

WTI Crude Daily Update for December 9, 2016

WTI crude oil prices rebounded on Thursday, after testing support near the 10-day moving average at 49.39, but failing to continue to downtrend that began following Wednesday’s release of inventory numbers from the Department of Energy.  While total crude oil stocks declined, there was a noticeably large increase in inventories at Cushing were WTI crude … Continue reading WTI Crude Daily Update for December 9, 2016

David Becker
yesterday

EUR/USD Prediction for December 9, 2016

The EUR/USD whipsawed following the ECB meeting where the central bank disappointed market participants with an extension of their asset purchase program, that was combined with a potential tapering of the volume of assets from 80 billion per month to 60 billion per month.  The currency pair initially shot higher, zipping up to resistance near … Continue reading EUR/USD Prediction for December 9, 2016

David Becker
yesterday

Gold Price Prediction for December 9, 2016

Gold prices edged lower on Thursday as the dollar gained traction following the ECB decision to taper its bond purchases when the current program ends in March. The extension will continue to see large bond purchases but at 60 billion per month as opposed to 80 billion per month. A stronger dollar generates headwinds for … Continue reading Gold Price Prediction for December 9, 2016

David Becker
yesterday

Natural Gas Technical Report for December 9, 2016

Natural gas prices rebounded on Thursday following a report from the Department of Energy on Inventories.  Prices bounded following the report near support near the 10-day moving average at 3.47.  Resistance is seen near the December highs at 3.75.  Colder than normal weather is forecast to cover most of the United States for the next … Continue reading Natural Gas Technical Report for December 9, 2016

Christopher Lewis
yesterday

Nikkei 225 Forecast December 9, 2016, Technical Analysis

The Nikkei 225 gapped higher at the open on Thursday, as we reached towards the ¥18,900 level. This market has broken out as most indices around the world now, so pullbacks should be thought of as value. The ¥18,500 level is the “floor” as far as I can see, and I still believe that we’re … Continue reading Nikkei 225 Forecast December 9, 2016, Technical Analysis

Christopher Lewis
yesterday

DAX Forecast December 9, 2016, Technical Analysis

The DAX rose during the day on Thursday, testing the €11,200 level above. It looks as if we could pullback, in order to build up more momentum as we have recently broken out. I believe that the €10,800 level below should be essentially a “floor” in this market. With this, I believe that the buyers … Continue reading DAX Forecast December 9, 2016, Technical Analysis

Christopher Lewis
yesterday

NASDAQ 100 Forecast December 9, 2016, Technical Analysis

The NASDAQ 100 rallied on Thursday, as we continue to see quite a bit of bullish pressure in general. The 4900 level above should continue to be the target going forward, as the NASDAQ 100 has a bit of catching up to do. I think pullbacks should continue to offer bullish pressure and support, as … Continue reading NASDAQ 100 Forecast December 9, 2016, Technical Analysis

Christopher Lewis
yesterday

S&P 500 Forecast December 9, 2016, Technical Analysis

The S&P 500 rallied on Thursday, reaching towards the 2250 level. This is an area that has a certain amount of psychological importance, so pullback from here would be expected. A pullback should offer value though, and a market that is obviously very bullish. I have no interest in shorting this market, and I believe … Continue reading S&P 500 Forecast December 9, 2016, Technical Analysis

Christopher Lewis
yesterday

FTSE 100 Forecast December 9, 2016, Technical Analysis

The FTSE 100 initially fell during the day on Thursday, but found enough support underneath to turn things back around and form a hammer. The hammer of course is a bullish candle and it looks as if we are going to try to reach towards the 7000 handle above. If we can break above that … Continue reading FTSE 100 Forecast December 9, 2016, Technical Analysis

Christopher Lewis
yesterday

Dow Jones 30 Forecast December 9, 2016, Technical Analysis

The Dow Jones 30 rallied on Thursday, as it continues to move to the upside in a parabolic manner. The recent election of Donald Trump seems to have a lot of people thinking that the Dow Jones 30 should continue to go higher due to infrastructure spending, and of course the more regulatory positive environment … Continue reading Dow Jones 30 Forecast December 9, 2016, Technical Analysis

Christopher Lewis
yesterday

Silver Forecast December 9, 2016, Technical Analysis

Silver markets fell slightly during the session on Thursday, as we continue to test the $17 level for support and importance. We are in a longer-term downtrend though, so if we can break down below the bottom of the candle I am a seller. The $17.50 level above is resistive as well, so even if … Continue reading Silver Forecast December 9, 2016, Technical Analysis

Christopher Lewis
yesterday

Crude Oil Forecast December 9, 2016, Technical Analysis

WTI Crude Oil The WTI Crude Oil market went back and forth on Thursday as the $50 level continues to attract a lot of attention in the market. This is not only because there is a large, round, psychologically significant number of this area, but as you can see on the chart, there’s also a … Continue reading Crude Oil Forecast December 9, 2016, Technical Analysis

Load More