Forecasts & Analysis | , Page 14
USD/JPY Price Forecast – US Dollar Continues To Press Resistance
The US dollar has pulled back a bit against the Japanese yen only to turn around and bounce to the upside. The ¥110 level above continues to be important due to the round figure, and of course the previous actions at that level.
Silver Price Forecast – Silver Confirms Strength that Points to Higher Prices
Silver getting strong as it rises above potential resistance following last week’s bullish trend continuation breakout.
GBP/USD Price Forecast – British Pound Continues To Stagnate
The British pound rallied a bit during the trading session after falling when it was announced that the UK budget was going through. That being said though, this is a market that is still meandering around the 1.30 level more than anything else.
GBP/JPY Price Forecast – British Pound Rallies Against Japanese Yen
The British pound initially pulled back during the trading session on Tuesday but found plenty of support at the 50 day EMA to turn around and show signs of life again. The fact that the British are going to go ahead with their budget certainly help the situation as well.
E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Holding Below 29374 Signals Weak Tone
Based on the early price action, the direction of the March E-mini Dow Jones Industrial Average the rest of the session on Tuesday is likely to be determined by trader reaction to the short-term 50% level at 29197.
What Can Stop the Stock Bull – Or At Least, Make It Pause?
Stocks are entering the holiday-shortened week on a strong note. There was no selloff on Friday, as has been the case three preceding weeks in a row.
AUD/USD Price Forecast – Australian Dollar Continues To Plummet
The Australian dollar fell significantly during the trading session on Tuesday, as we continue to see a lot of concerns when it comes to the RBA cutting rates and of course the entire situation in China.
Silver’s Valuable Insights Into the Upcoming PMs Rally
The analysis of the precious metals market isn’t just gold analysis – there are times when silver rises to the forefront of everyone’s attention.