XAU/USD Forecast: Let’s Get Ready to Rally
Gold markets initially pulled back a bit during the New York trading session on Thursday but found enough buyers underneath near the $1500 level to turn the market around and form a bit of a hammer.
WTI Crude Oil Forecast :Expect a Continued Selloff
The West Texas Intermediate crude market initially tried to rally during the New York trading session on Thursday, running into a significant amount of resistance.
USD/JPY Forecast :Dollar Pullback Likely Against Yen
The US dollar fell a bit during the early New York trading session before bouncing on Thursday and we continued to see a lot of back and forth against the Japanese yen.
S&P 500 Forecast: Likely to Test the 2950 Handle
The S&P 500 pulled back a bit during the trading session on Thursday but has also found quite a bit of support to turn things right back around to form a hammer.
Natural Gas Forecast: Natural Gas Market in a Negative Trend
Natural gas markets initially tried to rally during the trading session on Thursday to slam into the $2.20 level.
