Gold Price Prediction - Gold Prices Pull Back as Dollar Gains Traction

Gold Price Prediction – Gold Prices Pull Back as Dollar Gains Traction

Gold prices pulled back after suring higher on Monday. Prices formed an inside day which is a sign of market indecision. Softer than expected US housing starts, initially put downward pressure on US yields which weighed on the dollar. As the trading session moved into the afternoon, US yields rebounded, allowing the dollar to gain […]

Bitcoin And Ethereum Daily Price Forecast

Bitcoin And Ethereum Daily Price Forecast

Cryptocurrency market today saw major cryptos move to test critical support but rebound to test psychological resistance levels. Major crypto coins are seeing bulls exhibit a high level of stability in price action over the recent past. Despite multiple attempts by bears to make a breakout, bulls have managed to keep the rally at most […]

Natural Gas Price Prediction - Prices Slip on Lower Demand

Natural Gas Price Prediction – Prices Slip on Lower Demand

Natural gas prices moved lower on Tuesday, as warmer than normal weather is expected to cover most of the United States for the next 2-weeks. The warm weather at the tail end of the withdrawal season is putting downward pressure on prices. Inventory levels are expected to decline by 53 Bcf this week according to […]

Forex Daily Recap - Risk Appetite Stabilising The Market

Forex Daily Recap – Risk Appetite Stabilising The Market

USD/JPY Today, the USD/JPY pair skyrocketed breaking all the in-between resistance levels. After the heavy plunge of Friday, the pair had tried to rally upwards on Monday but failed to break the major resistance levels. The pair sustained range bound movement between 109.73 and 110.23 levels. The USD/JPY pair began the day at 110.09 level. […]

USD/CAD Daily Price Forecast - Rangebound Action to Continue Ahead of US Macro Data Update

USD/CAD Daily Price Forecast – Rangebound Action to Continue Ahead of US Macro Data Update

The USDCAD pair opened on a positive note yesterday and traded positive for the majority of the trading session. However, as US Treasury Yield hit lowest since 2017 during American market hours, the US lost its upward momentum and fell sharply. This helped loonie gain positive momentum despite soft crude oil price and close on […]

USD/CAD Daily Price Forecast - The Loonie Pair Sets On Pullback With Crude Price Soar

USD/CAD Daily Price Forecast – The Loonie Pair Sets On Pullback With Crude Price Soar

The Loonie pair followed a mixed movement in the morning session. The USD/CAD touched both the day’s low of 1.3380 level and the day’s high of 1.3409 level. The US Treasury bond rebounded yields from 15-month lows. This favored the USD/CAD pair to start off the day skyrocketing from its lower vicinity. The loonie pair, […]

E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – March 26, 2019 Forecast

E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – March 26, 2019 Forecast

Dampened fears of a recession and a slight rise in Treasury yields are helping to drive up demand for higher risk assets on Tuesday, leading to the call for a firmer opening. At 13:21 GMT, June E-mini Dow Jones Industrial Average futures are trading 25730, up 153 or +0.60%. Daily Technical Analysis The main trend […]

E-mini S&P 500 Index (ES) Futures Technical Analysis – March 26, 2019 Forecast

E-mini S&P 500 Index (ES) Futures Technical Analysis – March 26, 2019 Forecast

June E-mini S&P 500 Index futures are trading higher on Monday as a rise in Treasury yields helped ease fears over a U.S. recession. At 12:58 GMT, the index is trading 2819.25, up 12.50 or +0.45%. Daily Technical Analysis The main trend is up according to the daily swing chart. A trade through 2866.00 will […]

U.S. and UK Residents Show Pessimism About Economy

In a recent survey, the Pew Research Center found that most of Americans foresee a gloomy future for the United States economy. The study, which was released last Thursday, shows the public mood about the current state of the economy and showed the highest dissatisfaction level in a year. 63% of the surveyed see a […]

NZDUSD

NZD/USD Forex Signal | DailyForex

Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s NZD/USD Signals Risk 0.75%. Trades may only be entered between 8am New York time Tuesday until 5pm Tokyo time Wednesday. Short Trade Go short following bearish price action on the H1 time frame immediately upon the next touch of 0.7000. […]