Forecasts & Analysis, Page 2

  • Colin First
    Colin First

    Bitcoin and Ethereum Price Forecast – Legacy Crypto Currencies Have Entered A Bottomless Decline

    The collapse on the cryptocurrency market has resumed after a short-lived respite and $4,000 for BTC/USD may not be ruled out at this stage. The BTC/USD pair declined over 15% today hitting an intra-day low of $4294 refreshing new 2018 lows. As of writing this article, the pair is trading

    Read More
  • Colin First
    Colin First

    USD/CAD Daily Price Forecast – USD/CAD Trades Near Weekly High’s As Geo-Political Woes Hurt Investor Sentiment

    The uptrend price action still remains intact for USD/CAD pair despite subdued demand for US Greenback in broad market and while the pair started on quite note yesterday the pair saw considerable loss during yesterday’s market hours. As headlines indicate escalating tensions between China & US, US greenback is likely

    Read More
  • James Hyerczyk
    James Hyerczyk

    Price of Gold Fundamental Daily Forecast – Contradictory News Holding Prices in Range, No Bias at This Time

    A rebound in the U.S. Dollar is putting a lid on gold prices early Tuesday. However, the market is being underpinned by a plunge in U.S. Treasury yields. It sounds contradictory, but it’s happening on the strength of safe-haven buying.Global stock market weakness early Tuesday is driving up demand for

    Read More
  • FBS
    FBS

    Trading plan for November 20

    $50 Welcome Bonus – the easiest way to progress on ForexThe economic calendar today is mostly empty, however, there are some data which you can use for trading.At 12:00 MT time we anticipate the Bank of England to testify the report on inflation. The hawkish comments made by the BOE

    Read More
  • Tomasz Wiśniewski
    Tomasz Wiśniewski

    Bitcoin reaches the pain threshold. EURUSD and NZDUSD on the run

    EURUSD and NZDUSD are having proper bullish reversals. Let me start with the EURUSD first. Here, it all started with the false breakout pattern. Then we had a denied flag and a breakout of the mid-term down trendline. After that, buyers broke the 38,2% Fibonacci resistance. That one is currently

    Read More
  • James Hyerczyk
    James Hyerczyk

    AUD/USD and NZD/USD Fundamental Daily Forecast – Drop in Treasury Yields Boosting Aussie, Kiwi

    After early session weakness, the Australian and New Zealand Dollars are trading higher. The weakening U.S. Dollar is behind the move. Dropping Treasury yields are also underpinning the Aussie and Kiwi. Earlier in the session, dovish Reserve Bank of Australia minutes weighed on the Australian Dollar.At 0839 GMT, the AUD/USD

    Read More
  • FXTM
    FXTM

    Tech Sector Drives Stocks lower

    Open your FXTM account todayWhat was expected to be a muted trading week ahead of the Thanksgiving holiday in the U.S. turned out to be a massive selloff in the equity markets led by the Tech sector. The Dow Jones Industrial Average plunged 395 points yesterday, while the S&P 500

    Read More
  • James Hyerczyk
    James Hyerczyk

    USD/JPY Fundamental Daily Forecast – Traders Eyeing U.S. Housing Numbers for Further Confirmation of Weakening Economy

    Safe-haven buying, lower Treasury yields and an easing of demand for higher-yielding assets continue to weigh on the Dollar/Yen early Tuesday. The Forex is pair has produced a lower-low for six consecutive sessions, changing the main trend to down on the daily chart in the process. The sell-off likely reflects

    Read More
  • Colin First
    Colin First

    DAX Index Daily Price Forecast – DAX To Continue Bearish Price Action For Fifth Consecutive Session

    Germany equities were lower at the close on Monday, as losses in the Software, Retail and Consumer & Cyclical sectors propelled shares lower. At the close in Frankfurt, the DAX declined 0.85%, while the MDAX index lost 1.24%, and the TecDAX index fell 1.67%. Declining stocks outnumbered rising ones by

    Read More
  • Colin First
    Colin First

    GBP/USD Price Forecast – GBP/USD Trades Flat Ahead of BOE Carney’s Testimony

    GBP/USD is trading in range bound fashion around 1.285 handle keeping tied to familiar levels for the week as Sterling traders enjoy a breather from a hectic circuit of buying on hopeful Brexit headlines and then selling short on suddenly bearish Brexit headlines. Brexit remains a main problem for both

    Read More
  • Colin First
    Colin First

    EUR/USD Price Forecast – EUR/USD Trades Range Bound As Italy – German Bond Spread Widens Capping Gains

    The greenback was the weakest currency across the FX board yesterday weighed by last week’s comments from Fed officials, dragging yields to their lower for this November. With no relevant clues from the macroeconomic calendar and some relief in the Brexit front, majors were confined to tight intra-day ranges. The

    Read More
  • Bob Mason
    Bob Mason

    Cardano’s ADA Technical Analysis – Slides through Support Levels – 20/11/18

    Key HighlightsCardano’s ADA tumbled by 15.5% on Monday, following on from last week’s 19.1% slide, to end the day at $0.0527.The day’s first major resistance level at $0.0638 was left untested with a start of a day intraday high $0.06242.A day long sell-off saw Cardano’s ADA slide through the day’s

    Read More
  • Bob Mason
    Bob Mason

    Bitcoin Cash – ABC / SV, Litecoin and Ripple Daily Analysis – 20/11/18

    Bitcoin Cash – The ABC – SV TumbleBitcoin Cash fell to sub-$300 levels on Monday, with BCH ABC tumbling by 23.52% to $218.86 and BTC SV sliding by 34.96% to $56.8, leaving investors none the wiser on which of the pair will ultimately dominate when viewing the latest price action.It

    Read More
  • David Becker
    David Becker

    Natural Gas Price Prediction – Prices Rebound and Remain Volatile

    Natural gas prices surged higher rebounding more than 7% on Monday as colder than normal weather is forecast to cover most of the mid-west and east coast of the United States for the next 2-weeks.  Demand rose significantly during the past reporting week, and inventories are well below the 5-year

    Read More
  • David Becker
    David Becker

    Gold Price Prediction – Gold Rallies for 5th Consecutive Session

    Gold prices rallied for a 5th consecutive trading session, driving higher by a declining dollar.  US yields have also continued to decline, with the 10-year hitting 3.05, after pushing up as high as 3.20% just 6-days ago.  It appears that the Atlanta Fed GDPNow forecast and the New York Fed

    Read More
  • Christopher Lewis
    Christopher Lewis

    S&P 500 Price Forecast – stock markets struggle to kick off week

    The S&P 500 initially tried to rally during the trading session on Monday, reaching towards the 2750 level. By fighting the resistance that we did there, we turned around to fall significantly. I believe that the 2700 level will be a target, and perhaps we could break down below there.

    Read More
  • Christopher Lewis
    Christopher Lewis

    Silver Price Forecast – Silver markets stall on Monday

    Silver looks as if it is struggling a bit during trading on Monday, just below the previous uptrend line, and then eventually the 50 day EMA. Ultimately, I think that we will probably make a move towards the $14 level, and it would only take a little bit of upward

    Read More
  • Christopher Lewis
    Christopher Lewis

    Crude Oil Price Forecast – crude oil markets get hammered again

    WTI Crude OilThe WTI Crude Oil market initially tried to rally on Monday, but then fell hard and back towards the $55 level as Russia has decided to delay a decision on production cuts. This of course is negative for the crude oil market, as an oversupply situation should continue.

    Read More
  • Christopher Lewis
    Christopher Lewis

    Natural Gas Price Forecast – natural gas markets gapped higher to start week

    Natural gas markets gapped higher to kick off the week on Monday, reaching towards the $4.75 level before rolling over. I believe that the $5.00 level above continues to be a major resistance, and I think the market will struggle to break above there. We have gotten far too overextended,

    Read More
  • Christopher Lewis
    Christopher Lewis

    Gold Price Forecast – Gold markets flat to kick off week

    Gold markets have stalled at the 50 day EMA, an area that of course would attract a lot of attention. There is also an uptrend line underneath, and if we break below that uptrend line, then I think the market probably goes down to the $1200 level, an area that

    Read More

Top Promotions

Top Brokers