Forecasts & Analysis
Bitcoin and Cardano’s ADA – Weekly Technical Analysis – March 1st, 2021
It’s a mixed start to the week. Steering clear of the week’s pivot levels, however, would support a run at last week’s highs…
EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – March 1st, 2021
It’s a bullish start to the day for the majors. Avoiding a fall through the day’s pivot levels would bring resistance levels into play.
Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 1st, 2021
It’s a mixed start to the day for the majors. A move back through early highs would bring resistance levels into play.
USD/JPY Fundamental Weekly Forecast – Yield Surge Means BOJ May Have to Become More Flexible and Effective
This week investors may begin focusing on whether the BOJ Will Step in to Cap Yields Ahead of Its Scheduled Review in March.
AUD/USD and NZD/USD Fundamental Weekly Forecast – RBA Shows It Won’t Tolerate Rapidly Rising Yields
The RBA is taking the lead in acting as a breakwater for rising yields, a role typically played by the Bank of Japan.
Oil Price Fundamental Weekly Forecast – OPEC+ Decision on Supply Cuts Could Set the Tone
Are the fundamentals strong enough to warrant another breakout to the upside, or are we due for a short-term pullback into a value area?
Price of Gold Fundamental Weekly Forecast – Powell’s Main Concern Remains Jobs Creation
U.S. Treasury yields have risen more than 50 basis points so far this year, eroding gold’s status as an inflation hedge.
Natural Gas Price Fundamental Weekly Forecast – Milder Weather, Production Boost Could Increase March Storage
Total inventories will start March down to 1.8 Tcf, but warmer temperatures are expected to weigh on demand so storage draws could be weak.
European Equities: Manufacturing PMIs and Prelim Inflation Figures in Focus
It’s a busy day ahead on the economic calendar. Manufacturing PMIs from China, the Eurozone, and the U.S, and Eurozone member state inflation figures are in focus.
Oil Price Fundamental Daily Forecast – Stronger Dollar, Supply Risk Likely to Fuel Short-Term Correction
Dollar-denominated crude was pressured on Friday after a jump in the U.S. Dollar was fueled by rising Treasury yields.