TAG: hp3
Natural Gas and Oil Forecast: Middle East Risks Elevate Bullish Oil Trends
Market OverviewOil prices experienced a surge, driven by promising demand indicators from China and the U.S., alongside escalating Middle East tensions impacting supply concerns. Improved manufacturing activity in China and the U.S. hints at a robust dema...
6 months ago
Natural Gas Price Forecast: Bullish Weekly Reversal Points to Higher Prices
Natural gas triggered a bullish reversal on Monday in both the daily and weekly time frames, as it advanced above Friday’s high and then exceeded last week’s high of 1.83. It continues to trade near the highs of the day at the time of this writing and is...
6 months ago
Hang Seng Index, Nikkei 225, ASX 200: Forecasting Responses to US and China Indicators
US Equity Markets React to Inflation and Manufacturing PMIsOn Monday, the US markets had an opportunity to react to the US Personal Income and Outlays Report and Fed Chair Powell commentary. The Core PCE Price Index increased by 2.8% year-on-year in March...
6 months ago
Natural Price Forecast – Natural Gas Continues to Bounce From Bottom
Natural Gas Technical AnalysisAnd as I’ve been saying for a while, we’re just kind of bumping along the bottom. And this big move in the early hours on Monday doesn’t change anything. It just suggests that we are going to continue to see people look at th...
6 months ago
Crude Oil News Today: Russia’s Taneco Refinery Attack Stirs Supply Worries
Light crude oil futures are showing significant strength on Tuesday, as they near levels not seen since October last year. This bullish trend is being fueled by a complex interplay of geopolitical events, evolving demand in key markets, and strategic move...
6 months ago
Natural Gas News: Choppy Trade Mirroring Weather Oscillations
Natural Gas Market Outlook: Weather and Supply Influences on FuturesRecent fluctuations in U.S. natural gas futures are a result of changing weather forecasts impacting demand, and evolving supply conditions. This creates a complex environment for traders...
6 months ago
Natural Price Forecast – Natural Gas Continues to Bounce Back And Forth
Natural Gas Technical AnalysisAs you can see, we have pulled back as we continue to consolidate overall. This is a market that quite frankly, is more of an investment market and less of a trading market. It’s almost impossible to really get a grip on this...
6 months ago
Natural Gas Price Forecast: Breakout Potential Above 50-Day MA
Natural gas rallies to test resistance around the 50-Day MA with the day’s high of 1.88. So far, resistance has been seen off the high leading to a minor intraday pullback. Nonetheless, at the time of this writing, natural gas is on track to close strong,...
6 months ago
Hang Seng Index, Nikkei Index, ASX 200: Futures Flash Red Pre China Services PMI
US Equity Markets: US Factory Orders and Job OpeningsOn Wednesday, overnight US economic indicators warrant investor attention amidst increasing uncertainty about a June Fed rate cut.JOLTs job openings remained steady at 8.75 million in February after a d...
6 months ago
Bitcoin ETFs: BlackRock adds Citi, Goldman Sachs and others as Authorized Participants
BlackRock has added four more Wall Street firms as authorized participants (APs) for its spot Bitcoin ETF. With this addition, the asset manager’s Bitcoin-based fund now boasts a total of nine APs.This announcement follows BlackRock and several other firm...
6 months ago
Bitcoin (BTC) News Today: Senator Lummis Hints at US Government Crypto Strategy
BTC-Spot ETF Market Flow Data Drove Buyer Demand for BTCOn Saturday (April 6), BTC gained 1.56%. Reversing a 0.95% loss from Friday, BTC closed the session at $68,979.BTC-spot ETF market flow data for Friday (April 5) fueled buyer demand for BTC. Inflows...
6 months ago
Dogwifhat (WIF) Price Forecast: What Next for Solana’s top dog after 500% gains in March?
Dogwifhat (WIF) price closed March 2024 at $4.60, with remarkable gains in excess of 500%. After a turbulent start to April, recent social media trends suggests an imminent bullish reversal.After 5 consecutive red candles can the growing media traction he...
6 months ago
Hang Seng Index, Nikkei Index, ASX 200: Geopolitical Risks and US Jobs Report Impact
US Equity Markets: US Jobless Claims and Equity Market GainsOn Monday, the hotter-than-expected US Jobs Report and US equity market reaction warrant investor attention.Nonfarm payrolls surged 303,000, beating expectations of a 200,000 increase. The US une...
6 months ago
Natural Gas and Oil Forecast: Oil to Exhibit Buying Opportunity Today
Market OverviewOil prices fell over $1 per barrel as tensions in the Middle East subsided, with Brent dropping below $90. This decrease followed Israel’s partial troop withdrawal from Gaza and its engagement in ceasefire discussions, tempering fears of su...
6 months ago