TAG: hp5
DAX Index Today: German Inflation Data, ECB Rate Cut Odds, and 18,650
Overview of the DAX Performance on ThursdayThe DAX advanced by 0.08% on Thursday, closing the session at 18,493. Significantly, the DAX rallied 4.61% in March and ended the first quarter up 10.39%.German Employment Figures Offset the Impact of Retail Sale...
6 months ago
AUD to USD Forecast: RBA Minutes and US Labor Stats to Influence Market Sentiment
Aussie Labor Market and the RBA in the SpotlightOn Tuesday, the RBA was in the spotlight. The RBA Meeting Minutes from the less hawkish March policy meeting warranted investor interest. On Thursday, Aussie retail sales and the recent Monthly CPI Indicator...
6 months ago
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs Amid Rising Tensions In The Middle East
Natural GasNatural Gas 010424 Daily ChartNatural gas is moving higher as traders bet that it would not be able to settle below the key support at $1.60 – $1.65.If natural gas stays above the $1.80 level, it will head towards the resistance at $1.95 – $2.0...
6 months ago
Crude Oil Price Forecast – Crude Oil Rallies Again
WTI Crude Oil Technical AnalysisThe WTI crude oil market has rallied rather significantly during the course of the early hours on Tuesday as we have now reached the crucial $85 level. $85 is an area that a lot of people will be paying attention to. It doe...
6 months ago
Silver Prices Forecast: XAG/USD Hits Two-Week High Amid Global Tensions
Silver Market SurgeIn a notable display of strength, silver prices have soared to a two-week high, testing the significant level of $25.91 set on December 3. This rally, extending over four consecutive days, reflects a trend also evident in the gold marke...
6 months ago
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As Traders Stay Focused On The Middle East
Natural GasNatural Gas 020424 Daily ChartNatural gas is moving higher as the rebound continues. Colder weather forecasts provide support to natural gas markets.From the technical point of view, natural gas is moving towards the nearest resistance level a...
6 months ago
AUD to USD Forecast: China in Focus Pre-Fed Chair Powell and US ADP and ISM Reports
China Services in the SpotlightOn Wednesday, the Chinese economy will be in the spotlight again. The China Caixin Services PMI could show if the Chinese economy has turned a corner. Economists forecast the China Caixin Services PMI to increase from 52.5 t...
6 months ago
Natural Gas News: Will Decreasing Production Underpin Prices This Week?
Natural Gas Market Weekly Recap and OutlookThe U.S. natural gas market last week displayed a surprising resilience, registering a modest uptick in futures despite a complex blend of bearish factors. This gain was chiefly influenced by the projection of co...
6 months ago
Crude Oil News Today: Will Escalating Global Tensions Further Boost Prices?
Week in Review: A Surge in Crude Oil PricesLast week’s oil market saw a significant rally, with Brent and West Texas Intermediate (WTI) crude oil benchmarks rising nearly $4 a barrel. This increase, reaching the highest levels since October, was spurred b...
6 months ago
AUD to USD Forecast: Analyzing Australian Home Loan Trends and US Inflation
Australian Home LoansOn Monday, Australian home loan numbers for February will garner investor interest. Economists forecast a 2.25% increase in home loans for February, following a 4.6% decline in January.Home loan trends could give investors a view of t...
6 months ago
DAX Index Today: Navigating German Industrial and Trade Data and US Inflation
The Friday Overview of the DAX PerformanceThe DAX slid by 1.24% on Friday. Reversing a 0.19% gain from Thursday, the DAX ended the session at 18,175. The DAX saw only its second loss from twelve sessions.The Middle East, German Factory Orders, and Eurozon...
6 months ago
Crude Oil Price Forecast – Crude Continues to See Upward Pressures
WTI Crude Oil Technical AnalysisWest Texas Intermediate Crude Oil Market broke down below the $85 level. And as you can see, we have seen a lot of buyers and now it looks like we will continue to see a lot of upward pressure. That being said, I think this...
6 months ago
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Hamas Rejects Ceasefire Proposal
Natural GasNatural Gas 080424 Daily ChartNatural gas is moving higher despite weather forecasts, which indicate that demand will be weak in the upcoming days.In case natural gas manages to settle above the $1.85 level, it will head towards the nearest res...
6 months ago
Natural Gas Price Forecast: Daily Bullish Reversal Signals End to Pullback
Natural gas triggered a daily bullish reversal on Monday, pointing to the likely completion of a three-day correction. Following a new pullback low of 1.75 earlier in the session and test of support at the purple 8-Day MA, also at 1.75, natural gas turned...
6 months ago