Tuesday, May 24, 2016

WTI Crude Oil Price Forecast: Support Holds As Supply Fears Fade

WTI Crude Oil Price Forecast: Support Holds As Supply Fears Fade


WTI Crude Oil Price Forecast: Support Holds As Supply Fears Fade

Posted: 24 May 2016 12:50 PM PDT

WTI Crude Oil (CFD: US Oil) Remains Supported Below $50 As The Shocks That Rocked The Market in 2015 Further Dissipate.

US DOLLAR Technical Analysis: A Fitting Finish To May

Posted: 24 May 2016 12:35 PM PDT

The Federal Reserve Presidents & A Dose of Extreme Bearish Sentiment Helped the US Dollar Correct In May. What’s Next?

AUD/JPY Moves to Support

Posted: 24 May 2016 11:00 AM PDT

After consolidating for the previous 12 sessions, the Aussie Dollar is approaching support relative to the Japanese Yen.

Near-term Setups in GBPUSD, GBPJPY & USDOLLAR

Posted: 24 May 2016 10:33 AM PDT

Trading highlighted intraday setups in GBPUSD, GBPJPY & USDOLLAR. Here are the updated targets and invalidation levels that matter.

GBP/JPY Rally Approaching Initial Resistance Hurdle at 162

Posted: 24 May 2016 09:45 AM PDT

GBP/JPY is eyeing make-or-break resistance targets just higher after clearing the weekly opening range. Here are the updated targets & invalidation levels that matter.

CAC 40 Advances Higher as Brexit Fears Ease

Posted: 24 May 2016 05:45 AM PDT

The CAC 40 has surged to a new weekly highs, with the Index trading up 1.48% on the day.

GBP/USD Still Bullish

Posted: 24 May 2016 05:38 AM PDT

GBP/USD action over the last few weeks (pullbacks into and strong rallies from support) fuels the bullish flame so that it may burn hotter.

Silver Prices Drift Lower Following Fed June Hike Speculation

Posted: 24 May 2016 05:11 AM PDT

Silver prices are short-term bearish below the May 20 high of $16.63, and the trend is bearish below this high as it’s a lower high in relation to the previous high of $16.90 formed on April 19.

USDOLLAR Index Tempered as GBP/USD Gains on BOE Brexit Commentary

Posted: 24 May 2016 04:00 AM PDT

'To Bremain or to Brexit, that is the question.'

DAX 30 Gains But Only Within Most Recent Range

Posted: 24 May 2016 02:59 AM PDT

It appears that each time price fails to trade lower, traders attempt to test the overhead resistance. This has been the norm as of late for the DAX 30, confined to the narrow range of 9776-9973 since Wednesday of last week.

S&P 500: Short-term Trend Lower, Broader Scenario Still Developing

Posted: 24 May 2016 02:59 AM PDT

Euro ZEW Survey Suggests Brexit Inhibits a More Optimistic Outlook

Posted: 24 May 2016 02:48 AM PDT

ZEW Survey showed experts expectations to developments in the Euro-Zone declined, Euro little changed versus US Dollar

FTSE 100: Range Trading Dominates

Posted: 24 May 2016 01:34 AM PDT

The FTSE 100 was range bound this morning, much as it has been since price reached the current levels on May 4.

NZD/USD Technical Analysis: Short Trade Confirmation Sought

Posted: 24 May 2016 01:20 AM PDT

The New Zealand Dollar is attempting to break below range support above the 0.67 figure against its US counterpart after re-testing a recently broken trend line.

AUD/USD Technical Analysis: Trying to Lay Path Below 0.71

Posted: 24 May 2016 12:57 AM PDT

The Australian Dollar is under pressure once again after brief consolidative period, with prices attempting to pave the way for a move below the 0.71 figure.

Gold Prices on Pace for Longest Loss Streak in 6 Months

Posted: 24 May 2016 12:30 AM PDT

Gold prices are on pace for the longest streak in six months as firming Fed rate hike speculation undermines demand for anti-fiat assets and boosts the US Dollar.

ASX 200 Technical Analysis: Index Nudging Lower, Held Above 5,300

Posted: 23 May 2016 10:53 PM PDT

The ASX 200 is nudging lower after the 5,380 resistance held, with short term support at the 5,300 level

US Dollar Strengthens as Fed-Speak Paves Way for Fed Rate Hike

Posted: 23 May 2016 10:06 PM PDT

The US Dollar gained against its major counterparts after speeches presented by Fed's James Bullard, John Williams, and Patrick Harper crossed the wires.

British Pound May Rise as BOE Officials Defend Brexit Outlook

Posted: 23 May 2016 09:08 PM PDT

The British Pound may rise as Bank of England officials defend their assessment of near-term Brexit implications published in the latest quarterly Inflation Report.

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