TAG: video
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
Silver Price Forecast: Weekly Bullish Breakout Triggers
Silver pulled back to support last week around the 38.2% Fibonacci retracement and 20-Day MA with a low of 24.33. It was followed by an advance Friday and again today, Monday. Monday’s rally triggered a bullish weekly breakout above last week’s high of 25...
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
AUD/USD Forecast – Aussie Continues to Consolidate in Huge Range
Australian Dollar vs US Dollar Technical AnalysisYou can see that we have rallied a little bit during the trading session here on Tuesday, but really at this point in time, not a lot to see here. We are still very much in a consolidation phase. So, most t...
6 months ago
EUR/USD Forecast – Euro Continues to See Support
Euro vs US Dollar Technical AnalysisAs you can see, the Euro initially fell a bit during the trading session on Tuesday, but it looks like it is finding a little bit of support just above the 1.07 level, an area I’ve been talking about for some time. I th...
6 months ago
NASDAQ Price Forecast – NASDAQ 100 Continues to Grind Away
NASDAQ 100 Technical AnalysisTaking a look at the NASDAQ 100 you can see that we did pull back just a bit in the early hours on Tuesday as the market continues to be somewhat choppy and noisy. I expect that to be the case most of this week because quite f...
6 months ago
Gold Price Forecast – Gold Continues to Shine
Gold Markets Technical AnalysisYou can see gold has been a bit choppy and noisy as of late, but it certainly seems to be wanting to stretch higher. In this environment, I think you’ve got a situation where short-term pullbacks continue to attract a certai...
6 months ago
S&P 500 Price Forecast – Stocks Continue to Drift
S&P 500 Technical AnalysisThe S&P 500 fell a bit during the early hours on Tuesday as it looks like we are going to continue to consolidate and perhaps work off some of the froth from the move higher. Ultimately, this is a market that I do think e...
6 months ago
Bitcoin Price Forecast – Bitcoin Drops Back Into Consolidation
Bitcoin Technical AnalysisBitcoin has sold off rather drastically on Tuesday, but at the end of the day, it probably doesn’t change much. Ultimately, this is a market that had gotten way too ahead of itself with all the money flowing into the ETF. And the...
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 Price Forecast – Silver Continues to See Buyers
Silver Markets Technical AnalysisSilver rallied quite nicely during the trading session in the early hours of Tuesday, but we still face a major resistance barrier above that I think a lot of people are going to be paying attention to right here at $26. I...
6 months ago
USD/JPY Forecast – US Dollar Continues to Levitate
US Dollar vs Japanese Yen Technical AnalysisThe dollar-yen has gone back and forth during the course of the trading session in the early hours of Tuesday, as we continue to look at the 152-yen level with great interest. This is an area that obviously has...
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
Gold Price Forecast: Set to Close at New High, Higher Targets in Sight
Gold reached the 2,277-target zone today on a new trend high. This is the fifth day up for gold and it is set to close at a new record high again today, Tuesday. Momentum remains strong and although there might be a pause before prices move higher, demand...
6 months ago