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- EUR/USD Daily Price Forecast – EUR/USD Hits 13-Month Low on Continued Woes from Turkish Crisis &
- The EURO has continued to struggle with the situations in Turkey, as there is contagion fears of European banks, especially in France and Spain, being so heavily exposed to Turkish debt. Also market saw added woes over CNY as Chinese Yuan (CNY) fell to a...
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- Gold Price Futures (GC) Technical Analysis – Downside Momentum Could Drive Market into $1184.00 Toda
- The free-fall in gold is continuing early Wednesday after yesterday’s temporary slowdown. The price action continues to be driven by flight-to-safety buying into the U.S. Dollar. Renewed concerns over the financial turmoil in Turkey is sending...
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- AUD/USD Forex Technical Analysis – August 15, 2018 Forecast
- The Australian Dollar is trading lower early Wednesday. Traders are continuing to react to lower demand for risky assets due to the currency turmoil in Turkey. Earlier today, Westpac reported that consumer sentiment fell 2.3% from the previously reported...
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- NEO Technical Analysis – On the Rebound – 15/08/18
- Key HighlightsNEO gained 3.51% on Tuesday, partially reversing Monday’s 15.5% slide, to end the day at $16.2.A bearish start to the day saw NEO slide through the first major support level at $14.52 to an intraday low and new swing lo $13.68.Sup...
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- S&P 500 Price Forecast – S&P 500 continues to bounce around
- The S&P 500 has tried to rally during the day on Tuesday, reaching towards the 2838 handle, before pulling back again to test the 2830 level. At this point, the market has been consolidating between the 2840 level, and the 2820 level. I think that it...
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- Silver Price Forecast – Silver markets test $15
- Silver markets right now are basically a function of risk tolerance. What I mean by this is that as the US dollar rallies significantly, we continue to see Silver markets taken on the chin. We are currently hovering right around the $15 level, an area tha...
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- Crude Oil Price Forecast – crude oil markets continue to push higher
- WTI Crude OilThe WTI Crude Oil market has been very noisy during trading on Tuesday, breaking above the $60 level. However, the market went back and forth and continues to show a lot of noise. By breaking above the recent high, it looks as if we are ready...
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- Natural Gas Price Forecast – natural gas markets break resistance again
- Natural gas markets rally during the US session on Tuesday, breaking above the $2.97 level. That’s a very bullish sign, but quite frankly I think the significant resistance barrier is closer to the $3.00 level, so I look at this as a market tha...
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- Gold Price Forecast – Gold markets bounced slightly
- Gold markets bounced slightly during the trading session on Thursday, as the market participants for the most part seemed comfortable taking profit after such a strong run. Ultimately, I believe that the market will find the $1200 level in area of interes...
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- USD/JPY Price Forecast – US dollar noisy against Japanese yen
- The US dollar has tried to rally during the trading session initially on Tuesday but found the area just above the ¥111 level be far too resistive to continue going higher. That’s not a huge surprise though, it’s an area whe...
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- GBP/USD Price Forecast – British pound tries to bounce on Tuesday
- The British pound has been very noisy during the Tuesday session, bouncing from the psychologically important 1.2750 level, an area that is also structurally important on longer-term charts, a bounce is in so much a surprise as you would think, even in th...
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- GBP/JPY Price Forecast – British pound noisy against yen for Tuesday session
- The British pound initially rallied during the trading session on Tuesday but continues to be very noisy which makes a lot of sense with the concerns that we have coming out of Turkey, and of course the trade war that has been so noisy as of late. Ultimat...
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- EUR/USD Price Forecast – Euro continues to suffer at the hands of Turkey
- The EUR/USD pair has been somewhat noisy during the trading session on Tuesday, as we continue to see the markets worry about the Turkish situation. Because of this, I think it’s only a matter of time before we need to make some type of move, a...
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- AUD/USD Price Forecast – Australian dollar drifts lower
- The Australian dollar has drifted a bit lower during the trading session on Thursday, as we continue to worry about global trade and geopolitical issues. The Turkish lira rallied a bit during the day, giving a bit of a relief to the “risk off&a...
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- Gold Price Futures (GC) Technical Analysis – August 13, 2018 Forecast
- A stronger U.S. Dollar helped drive December Comex gold futures to a multi-year low earlier in the session. There is no major support until $1162.00 so unless this market posts a dramatic reversal to the upside today, we could be headed in that direction....
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- E-mini S&P 500 Index (ES) Futures Technical Analysis – August 13, 2018 Forecast
- September E-mini S&P 500 IndexDaily September E-mini S&P 500 Indexfutures are called flat shortly before the cash market opening. However, this is a little deceptive since the index has actually clawed back nearly all of its earlier loss. This sug...
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- Natural Gas Price Prediction – Prices Consolidate Following Last Weeks Breakout
- Natural gas prices continued to consolidate trading sideways for the second straight trading session after breaking through trend line resistance last week. The warmer weather pattern appears to be changing with a cool front making its way into the middle...
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- Gold Price Prediction – Gold Breaks Down and Prices Should Test Lower Levels
- Gold prices took it on the chin on Monday, moving lower as concern about Turkey’s currency crisis is buoying the dollar and weighing on gold.  The Yuan, the Chinese currency continues to also decline which appears to be correlated to t...
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- NZD/USD Forex Technical Analysis – Short-Covering Rally Forms New Minor Bottom at .6564 but NZ Still
- The New Zealand Dollar is trading slightly higher early Tuesday as selling eased after the currency hit a two-and-a-half year low. None-the-less, investors remain nervous about Turkey’s financial crisis, which suggests the price action is likel...
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- Bitcoin Cash, Litecoin and Ripple Daily Analysis – 14/08/18
- Bitcoin Cash Hits ReverseBitcoin Cash slumped by 7.02% on Monday, more than reversing Sunday’s 1.21% gain, to end the day at $530.9, the day’s losses marking the 11th day in the red for the current month.A positive start to the day s...
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- AUD/USD Price Forecast – Australian dollar recovers after initial move lower
- The Australian dollar was a rather noisy during the trading session on Monday, initially gapping lower with all other risk assets as people became increasingly concerned about the situation in Turkey. However, things seemed to calm down when the Americans...
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- DASH Technical Analysis – DASH Tanks – 14/08/18
- Key HighlightsDASH tumbled by 14.15% on Monday, reversing Sunday’s 2.35% gain with venom, to end the day at $143.989.An early move to an intraday high $170 saw DASH come within reach of the day’s first major resistance level at $170....
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- GBP/JPY Price Forecast – British pound turns around violently on Monday
- The British pound has been the center of the Forex world’s attention lately, and of course this pair is highly sensitive to risk appetite in general. Because of this, it’s not a surprise that when it looked like the Turks are perhaps...
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- EUR/USD Price Forecast – Euro has a wild ride to open the week
- The fear of contagion with European banks had the Euro suffering over the last two trading days. However, their reports coming out now that the pastor that had been detained in Turkey may be released, and that should calm down some of the tensions between...
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- USD/JPY Price Forecast – US dollar surges against Japanese yen after initial selloff
- The US dollar initially gapped lower based upon fears of what’s going on in Turkey, but as it looks like the Turks may back down a bit, this has given the markets a little bit of breathing room to rally after initially selling off drastically....