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- Natural Gas Price Fundamental Daily Forecast – Strengthens Over $2.869, Weakens Under $2.831
- Natural gas futures moved higher early in the session on Monday before turning lower. Production and weather-induced demand is expected to drive the price action the rest of the session.At 0403 GMT, September Natural Gas futures settled at $2.849, down $0...
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- Bitcoin Cash, Litecoin and Ripple Daily Analysis – 06/08/18
- Bitcoin Cash Takes a BreatherBitcoin Cash gained 2.07% on Sunday, partially reversing Saturday’s 3.86% slide, to end the week down 14.62% at $709.5.A choppy start to the day saw Bitcoin Cash fall to a late morning intraday low $686 before recov...
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- DASH Technical Analysis – Resistance Levels in Sight – 06/08/18
- Key HighlightsDASH rallied 3.26% on Sunday, reversing most of Saturday’s 4.49% slide, to end the day at $207.76.An early morning intraday low $200.32, coming off the back of Saturday’s sell-off, saw DASH steer clear of the first majo...
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- EUR/USD Daily Price Forecast – US Jobs Data Helped EUR/USD Make a Breakout In Favor of US Greenback
- The EUR/USD is on the defensive, having witnessed a pennant breakdown on Thursday and the fears of Italian fiscal crisis may accentuate the negative technical setup. As of writing this article, the pair is trading at 1.1557 wth 0.10% decrease in value and...
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- GBP/USD Daily Price Forecast – USD Breaches 1.30 level as Brexit Woes Weight down Sterling
- The GBP/USD is trading into the bearish side as the new trading week begins to unwind, and traders are remaining on edge as Brexit concerns return to the forefront. The Bank of England’s (BOE) Governor, Mark Carney, stepped up recently and voic...
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- Bitcoin and Ethereum Price Forecast – BTC Prices Correct Lower
- The BTC prices corrected lower during the course of the weekend but this is something that was expected as far as the bulls are concerned. We have been saying many times over the past couple of weeks that the best sign for a healthy trend is for some corr...
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- GBP/USD Double Trend Line Confluence
- The GBP/USD has broken the bearish consolidation below 1.3070 level. A retracement within 1.3055-3085 could spark a new wave of sellers. The POC zone is marked by two descending trend lines and EMA89. If the price gets in the zone, we should see a rejecti...
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- DAX Index Price Forecast – DAX Continues to Trade Weakly
- The DAX has continued to consolidate and range on Friday as there was no specific direction from anywhere. We saw that the news has basically not had much of an impact on the markets as yet. Even the NFP data from the US, which normally tends to rock the...
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- Forex Daily Outlook – August 6, 2018
- EUR/USDThe pair continued to trade noisy during the Friday’s session as the overall forex market witnessed a lot of volatility. The weak job numbers from the US didn’t help the pair to regain bullish momentum and fell back below the...
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- Commodities Daily Forecast – August 6, 2018
- GoldAfter falling for the most part of the week, gold prices significantly shot higher reaching towards the $1220 level. This area, the market has seen a lot of supply and buyers jumping into the market and if it breaks above the $1225 level in the next f...
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- EUR/USD Mid-Session Technical Analysis for August 6, 2018
- The Euro is trading lower on Monday shortly before the U.S. opening. The single-currency is being pressured amid escalating trade war rhetoric between the United States and its major trading partners – China, Canada and the European Union.At 10...
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- USD/CAD Daily Price Forecast – US Greenback Gains Ground As Saudi Arabia Freezes Trade with Canada
- The Canadian Dollar started Monday’s trading session sharply lower against its US counterpart after news of Saudi Arabia expelling the Canadian ambassador crossed wires. The Saudi Press Agency, the nation’s official news outlet, also...
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- AUD/USD Forex Technical Analysis – Low Holiday Volume Affecting Volatility
- Concerns over the escalating trade tensions between the United States and China are driving investors out of higher-yielding currencies like the Australian Dollar on Monday. Volume is thin because of an Australian bank holiday and ahead of Tuesday...
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- Gold Price Futures (GC) Technical Analysis – August 6, 2018 Forecast
- December Comex Gold futures are trading lower shortly before the regular session opening after sellers rejected an earlier attempt to breakout to the upside. The catalyst behind the selling is the stronger U.S. Dollar. The greenback is being treated as a...
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- Crude Oil Price Update – Overtaking $69.64 Could Spike Price to $70.42 – $70.61
- September West Texas Intermediate crude oil futures are trading higher shortly after the regular session opening. The rally is being driven by an OPEC report that showed lower production than expected from Saudi Arabia in July.Saudi Arabia pumped around 1...
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- CHFJPY Bounces from the Horizontal Resistance
- Monday starts with a setup that was frequently mentioned by us on our Trading Sniper videos that we post here daily – CHFJPY. The situation here is great for the long-term position investors and can result in a long-lasting decline.Wha...
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- E-mini S&P 500 Index (ES) Futures Technical Analysis – August 6, 2018 Forecast
- September E-mini S&P 500 Index futures are trading mixed shortly before the cash market opening. Investors seem to be taking a cautious approach to today’s trade.Daily Technical AnalysisThe main trend is down according to the daily swing ch...
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- E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – August 6, 2018 Forecast
- September E-mini NASDAQ-100 Index futures are presenting a mixed picture shortly before the cash market opening. Investors are taking a cautious approach today in response to trade concerns between the US and China.Daily Technical AnalysisThe main trend i...
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- E-mini Dow Jones Industrial Average (YM) Futures Analysis – August 6, 2018 Forecast
- September E-mini Dow Jones Industrial Average futures are expected to open steady based on the pre-market trade. Although investors are expressing caution due to concerns over trade tensions between the US and China, there does appear to be an air of opti...
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- USD/JPY Fundamental Daily Forecast – Strengthens Over 111.459, Weakens Under 111.295
- The Dollar/Yen is trading slightly lower early Monday, but holding above Friday’s low. After popping to 112.152 following the Bank of Japan’s monetary policy decision last week, the market has erased all of those gains.With last week...
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- AUD/USD and NZD/USD Fundamental Daily Forecast – Slow Trade Ahead of Central Bank Decisions
- The Australian and New Zealand Dollars are trading mixed on Monday with the Aussie losing a little ground and the Kiwi slightly better. There’s not a lot going on in the markets at this time especially with Australia on a bank holiday, and cent...
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- Gold Price Prediction – Gold Consolidates Just Above Key Support
- Gold prices continued to trade sideways, edging lower on Monday, as the dollar gained traction.  This comes despite Friday’s weaker than expected U.S. employment report that disappointed on the headline number coming out at 157K as opp...
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- Bitcoin Cash, Litecoin and Ripple Daily Analysis – 05/08/18
- Bitcoin Cash DivesBitcoin Cash slid by 3.86% on Saturday, following on from five previous consecutive days of losses, to end the day at $696.6.An early move through the day’s first major resistance level at $736.9 to an intraday high $739 was t...
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- USD/JPY Fundamental Weekly Forecast – Increased Trade Tensions Between US-China Should Pressure Doll
- The Dollar/Yen posted a modest gain last week with most of the buying taking place on Tuesday, following the Bank of Japan’s interest rate decision and monetary policy statement.The USD/JPY settled at 111.273, up 0.257 or +0.23%.The BOJ surpris...
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- AUD/USD and NZD/USD Fundamental Weekly Forecast – RBA, RBNZ Decisions Should Highlight Divergence wi
- The Australian Dollar was under pressure most of the week until Friday when it gained back most of its loss on short-covering in response to a mixed U.S. jobs report.For the week, the AUD/USD settled at .7398, down 0.0004 or -0.06%.Early in the week, the...