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- E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – August 7, 2018 Forecast
- September E-mini NASDAQ-100 Index futures are expected to open higher based on the pre-market trade. Strong earnings are overcoming concerns over the escalating trade dispute between the United States and China. This is leading to increased demand for hig...
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- E-mini S&P 500 Index (ES) Futures Technical Analysis – August 7, 2018 Forecast
- September E-mini S&P 500 Index futures are expected to open higher based on the pre-market trade. Increased demand for higher risk assets are helping to drive the price action. Investors seem to be ignoring concerns over the trade dispute between the...
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- Gold Price Futures (GC) Technical Analysis – August 7, 2018 Forecast
- December Comex Gold futures are trading higher but inside yesterday’s range. This typically indicates investor indecision and impending volatility. The weaker U.S. Dollar is underpinning gold today. Furthermore, the fact that hedge fund and mon...
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- EUR/USD Mid-Session Technical Analysis for August 7, 2018
- Increasing appetite for risky assets is helping to drive the Euro higher as it benefits from the shedding of the safe-haven U.S. Dollar. Early data shows the Chinese Yuan is also show signs of stabilizing, further pressuring the dollar. So essentially, it...
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- Technical Update For EUR/USD, GBP/USD, AUD/USD & USD/CHF: 07.08.2018
- EUR/USDNotwithstanding the break of six-week long symmetrical triangle support, EURUSD pulled itself back from 1.1530 rest-point to confront the support-turned-resistance, at 1.1615 now. If the pair manage to post a daily closing beyond 1.1615, the 1.1645...
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- Natural Gas Price Fundamental Daily Forecast – Testing Key Technical Level at $2.869, Will Hedgers S
- Natural gas futures are inching higher shortly before the regular session opening on Tuesday. The market is currently testing the top end of the key retracement zone. This suggests the buying is getting stronger and the market may be getting ready to brea...
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- USD/CAD Daily Price Forecast – USD/CAD Takes a Nosedive over Spike in Crude Oil Price
- The USD/CAD pair tried several attempts to resist above the 1.30 handle in early Asian market hours, but in vain as the bears regained control and dragged the pair back to 1.296 handle. The spot extends its consolidation mode near seven-week lows into a s...
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- Three great setups for the long-term traders!
- USDJPY is still under the influence of the inverse head and shoulders pattern, which in the last week resulted with a nice buy signal. Currently, we do have a correction but this is a flag and promotes the breakout of its upper line. Crucial here is the g...
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- Price of Gold Fundamental Daily Forecast – Weaker Dollar Underpinning Prices
- A weaker U.S. Dollar is helping to underpin gold futures early Tuesday. An easing of tensions over the trade dispute between the United States and China may be leading to increased demand for higher risk assets. This could be encouraging those investors w...
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- Commodities Daily Forecast – August 7, 2018
- GoldThe gold prices crased significantly during the Monday’s session reaching down to the $1205 level, only to bounce a bit. There is a significant amount of support present around this level and the market is expected to hold the region. If it...
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- Forex Daily Outlook – August 7, 2018
- EUR/USDThe pair started the week negative as it fell down towards the 1.15 level underneath which offered a bit of support. This area is likely to attract a lot of attention from traders and is expected to bounce to the 1.1550 level and 1.16 level. If it...
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- Oil Price Fundamental Daily Forecast – Iranian Sanctions Begin, but Trader Comfortable with Supply
- U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are inching higher early Tuesday as the United States renewed sanctions against major crude exporter Iran, tightening global supply.At 0736 GMT, September WTI crude oil is tr...
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- GBP/USD Daily Price Forecast – GBP/USD Hits New 2018 Lows on Brexit Woes
- The GBP/USD is trading above 1.2960 heading into Tuesday’s London market session after slipping from the 1.30 major handle on Monday amid fresh concerns regarding the UK’s ability to avert a hard Brexit. The UK’s efforts t...
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- EUR/USD Daily Price Forecast – EUR/USD Holds For At 1.155 Handle as German Data Missed Estimate
- The EUR/USD pair spent the Asian hours on Monday in a tight range near the 1.1560 handle but came under a renewed selling pressure during the European trading hours as the data from Germany missed market expectations by a wide margin and was weighed down...
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- NEO Technical Analysis – Support Levels in Play – 070818
- Key HighlightsNEO slid by 5.28% on Monday, more than reversing Sunday’s 3.29% gain, to end the day at $26.17.An early move through to an intraday high $28.31 saw NEO fall short of the day’s first major resistance level at $28.43 befo...
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- S&P 500 Price Forecast – S&P 500 challenging significant resistance
- The S&P 500 has been very volatile during trading on Monday, reaching towards the 2850 level, an area that was recent highs. If we can break above there, then the market will be free to go much higher. However, if we fail at here I think you can count...
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- Silver Price Forecast – Silver markets fall hard on Monday
- Silver markets pulled back a bit during the trading session on Monday, dropping $0.20 initially, but then found a bit of support near the $15.28 level. There was a significant rally from just under this level a couple of days ago, so it makes sense that v...
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- Crude Oil Price Forecast – crude oil markets very noisy on Monday
- WTI Crude OilThe WTI Crude Oil market initially surged higher during the trading session on Monday, especially in early morning electronic trading, as we reached as high as $69.60. However, we have pulled back from there to test the $69 level and found it...
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- Natural Gas Price Forecast – natural gas volatile early Monday session
- The natural gas markets have initially falling during the trading session on Monday, but then turned around towards the $2.83 level to show signs of strength again. The market is very volatile, but quite frankly the financial markets in general have been...
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- DAX Index Price Forecast – DAX Turned Positive Supported By Positive European Equities.
- German DAX is driven by bulls today as the pair clocks new monthly high and is expected to maintain stable uptrend movement during today’s market hours. DAX is currently trading at 12702.20 up 0.83% on the day after hitting an intra-day high of...
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- Gold Price Prediction – Prices Trade Sideways as Volatility Tumbles
- Gold prices attempted to move higher during the European trading session but were unable to gain traction despite a weaker dollar. U.S. yields moved higher in tandem with European yields, but lost ground allowing the euro to gain traction. Stock prices mo...
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- Crude Oil Price Update – Bullish API Report Could Trigger Move to $70.42 – $70.48
- September West Texas Intermediate crude oil futures are trading higher after the early session close as investors await the release of the weekly storage report from the American Petroleum Institute at 0830 GMT. Traders are looking for a drop in inventori...
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- AUD/USD Forex Technical Analysis – Close Over .7397 Will Generate Upside Bias
- The Australian Dollar rose on Tuesday, driven by friendly comments from the Reserve Bank of Australia (RBA) and a weaker U.S. Dollar.The RBA held its benchmark interest rate at a record low of 1.5% for the 24th consecutive month, but it also delivered an...
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- Forex Brokers Update — August 5th, 2018
- One new broker has been added to our website during the week ending today:JAFX — an offshore Forex company registered in St. Vincent and the Grenadines. They focus on crypto trading via MT4 platform, but also offer traditional currency...
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- Price of Gold Fundamental Daily Forecast – Move Over $1228.60 Shifts Momentum to Upside
- Gold futures are trading slightly higher early Monday as aggressive counter-trend investors try to capitalize on a steady U.S. Dollar and Friday’s potentially bullish closing price reversal bottom chart pattern.At 0332 GMT, December Comex Gold...
