Forecasts

Forecasts & Analysis | Technical

  • 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
Colin First
3 hours ago

Forex Monthly Outlook – May 2017

GBPUSD Spurts Higher GBPUSD pair had a very strong month during April as certain fundamental events ensured that the confidence in the pound skyrocketed during the course of the month and this was helpful for the bulls to push the pair higher. It started the month on the backfoot and as it has been doing … Continue reading Forex Monthly Outlook – May 2017

Colin First
3 hours ago

Global Indices Monthly Outlook – May 2017

The major stock markets around the world had a generally volatile month in April as several events had a direct bearing on the stock markets and the way that the investors viewed the risky assets like stocks and this helped to guide the direction in which the stock indexes moved. The main thing of note … Continue reading Global Indices Monthly Outlook – May 2017

Guest
9 hours ago

Looking for Epic Signs? Enter Silver

In our previous alert we wrote that the reversal in the precious metals market should once again not be taken at its face value and that one should not overreact based on it as the size of the potential rally was limited. Well, it turned out that “limited rally” was an euphemism for a decline. Gold, … Continue reading Looking for Epic Signs? Enter Silver

Christopher Lewis
11 hours ago

Major US Indices Forecast, May 1, 2017, Technical Analysis

S&P 500 The S&P 500 fell slightly during the day on Friday, but I think that there is enough support just below to bring buyers back in sooner rather than later. The gap of course should be supportive, and I believe that a supportive candle underneath will only attract more buyers… Read More S&P 500 … Continue reading Major US Indices Forecast, May 1, 2017, Technical Analysis

Christopher Lewis
11 hours ago

Major US Indices, Forecast for The Week of May 1, 2017, Technical Analysis

S&P 500 The S&P 500 gapped higher at the open of the week, and then shot towards the 2400 level. However, we turned around to form a less impressive candle, but I believe that any pull back from here will find buyers to continue the longer-term uptrend. I have no interest in shorting the S&P … Continue reading Major US Indices, Forecast for The Week of May 1, 2017, Technical Analysis

Colin First
12 hours ago

Gold Monthly Forecast – May 2017

After posting a strong performance in the month of March when it managed to recover from its lows below 1200 and finished the month strongly above 1240, it had a much slower and consolidating month of April where its range was pretty low as the traders decided to give gold a break and decided to … Continue reading Gold Monthly Forecast – May 2017

Colin First
12 hours ago

EUR/USD Monthly Forecast – May 2017

The EURUSD pair had a great month in April as the bulls took control of the pair during the later half of the month and pushed it higher and higher on a general risk on mode that was seen across the markets in the second half of the month. It was some tight consolidation trading … Continue reading EUR/USD Monthly Forecast – May 2017

James Hyerczyk
15 hours ago

AUD/USD Forex Technical Analysis – May 1, 2017 Forecast

End-of-the-month position squaring and profit-taking may have helped boost the AUD/USD on Friday, but the market is still likely to be under pressure over the near-term because the Reserve Bank of Australia is likely to remain neutral on interest rates. The RBA is not in a position to raise rates because of the weak labor … Continue reading AUD/USD Forex Technical Analysis – May 1, 2017 Forecast

Christopher Lewis
2 days ago

DAX Index Forecast for The Week of May 1, 2017, Technical Analysis

The DAX gapped higher at the open of the week, and then slammed into the €12,500 level. This is an area that will cause a significant amount of resistance, and therefore I think if we break above that level this market will go much higher. If we do pull back from here I recognize that … Continue reading DAX Index Forecast for The Week of May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

Dow Jones 30 and NASDAQ 100 forecast for the week of May 1, 2017, Technical Analysis

Dow Jones 30 The Dow Jones 30 had a very positive week, but did struggle at the 21,000 level. If we can break above there, the market should continue the longer-term uptrend. Even if we do pull back from here, I think that the 20,500-level underneath offer support. Dow Jones 30 and NASDAQ Index Video … Continue reading Dow Jones 30 and NASDAQ 100 forecast for the week of May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

S&P 500 forecast for the week of May 1, 2017, Technical Analysis

The S&P 500 gapped higher at the open of the week, and then shot towards the 2400 level. However, we turned around to form a less impressive candle, but I believe that any pull back from here will find buyers to continue the longer-term uptrend. I have no interest in shorting the S&P 500, it … Continue reading S&P 500 forecast for the week of May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

FTSE 100 forecast for the week of May 1, 2017, Technical Analysis

The FTSE 100 gapped higher at the open of the week, and then slammed into the 7300 level. However, we gave back almost all the gains and it looks as if we’re going to continue to grind to the downside. I would expect support at the 7100 level, and perhaps even the 7000 level. Because … Continue reading FTSE 100 forecast for the week of May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

Silver forecast for the week of May 1, 2017, Technical Analysis

The Silver markets initially tried to rally during the week, but found the $18 level to be far too resistive. We turned around and fell significantly, reaching towards the $17.15 level underneath. I believe that the $17 level underneath will be supportive, so longer-term traders will probably step to the side. Short-term charts might offer … Continue reading Silver forecast for the week of May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

Crude Oil forecast for the week of May 1, 2017, Technical Analysis

WTI Crude Oil The WTI Crude Oil market initially fell during the week but found enough support at the uptrend line to turn things around and form a hammer. I believe if we can break above the $50 level, the market will probably go looking for the $54 level. I would point out that the … Continue reading Crude Oil forecast for the week of May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

Natural Gas forecast for the week of May 1, 2017, Technical Analysis

The natural gas markets initially fell but found enough support near the $3 level to turn things around and break much higher. On top of that, we broke above the $3.25 level, which is a psychological barrier. However, longer-term traders will have to be aware of the $3.33 level, and a break above there is … Continue reading Natural Gas forecast for the week of May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

Gold forecast for the week of May 1, 2017, Technical Analysis

The gold markets gapped lower at the open on Monday, and broke down below the $1275 level. We fell from there, but started to see support near the $1260 level. Because of this, I believe that the buyers are coming back, so therefore I am bullish and I believe that the gold markets will reach … Continue reading Gold forecast for the week of May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

USD/JPY forecast for the week of May 1, 2017, Technical Analysis

The USD/JPY pair gapped higher at the beginning of the week, and then turned around to find support below. Ultimately, we rallied towards the 112 level, and I now think that if we can break above the 112.50 level, the market will then go looking for the 115 handle. Pay attention to the stock markets, … Continue reading USD/JPY forecast for the week of May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

USD/CAD forecast for the week of March 1, 2017, Technical Analysis

The USD/CAD pair broke out during the week, clearing the 1.36 handle. This is a major development, and it now looks as if the market is going to continue to go much higher. I believe that the 1.40 level above will be targeted, and then eventually the 1.45 handle. If oil markets fall apart, that … Continue reading USD/CAD forecast for the week of March 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

NZD/USD forecast for the week of May 1, 2017, Technical Analysis

The NZD/USD pair broke down significantly during the week, slicing through the symmetrical triangle that we had been in for some time. The 50% Fibonacci retracement level is offering support, and is an area where we had seen quite a bit of noise in 2015. Because of this, I think longer-term trading is going to … Continue reading NZD/USD forecast for the week of May 1, 2017, Technical Analysis

Christopher Lewis
2 days ago

GBP/USD forecast for the week of May 1, 2017, Technical Analysis

The GBP/USD pair broke out during the week, clearing the 1.2750 level. That being the case, I think that the market is going to reach towards the top of the previous consolidation area, near the 1.3450 level. I believe that it could be choppy, but we certainly have broken out to the upside and above … Continue reading GBP/USD forecast for the week of May 1, 2017, Technical Analysis

FX Empire - the company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as link result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
FX Empire may receive compensation from the companies featured on the network.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. FX Empire bears no responsibility for any trading losses you might incur as link result of using any data within the FX Empire.