Category Forecasts

WTI Oil 050626 Daily ChartWTI oil is losing ground as traders react to U.S. economic data and stay focused on the news from the Middle East. U.S. dollar rallied against...

At the same time, U.S refineries are already running aggressively, with Crude inputs averaging 17.0 million barrels per day and utilisation near 94.5%. That leaves limited spare capacity if supply...

Expectations of the start of the new rate hike cycle put significant pressure on gold that pays no interest. U.S. dollar gained ground against a broad basket of currencies as...

USD/JPY 050626 4h ChartUSD/JPY gains ground as traders focus on the strong rally in Treasury yields. The yield of 2-year Treasuries jumped above the 4.16% level, while the yield of...

That being said, the market is also worth watching the interest rate scenario because of the situation in the Middle East. The Middle East, of course, is still a mess,...

Silver is difficult to trade when you have raised interest rates because silver is a non-yielding asset. That being said, we find ourselves at the end of the week near...

Bearish factors are starting to pile up. The market is not only on the weak side of the 50-day moving average at $104.20, but it’s also trading on the bearish...

Longer term, we’ll see if this matters. This is a Friday reaction, it’s going into the weekend, there’s probably a bit of liquidity issues as well. But it is worth...

So, with that being the case, it’s not a huge surprise to see that silver fell, after all, silver is a non-yielding asset, so it tends to react very poorly...

Bitcoin The multi-month rebound in Bitcoin ended at the 200-day moving average, consistent with prior bear market behavior. Historically, after testing the 200-day, prices have fallen an additional 60% before...

Citi said it is trimming equity exposure after the rally, citing inflation concerns and crowded positioning. The bank kept a constructive long-term view on U.S. equities but the near-term message...

The British pound is actually threatening the 200-day EMA and is above the 1.06 level, showing signs of life. Ultimately, I think this is a market that once it breaks...

The 50-day EMA sits just below the $100 level, and I do think we’ll try to get there eventually, but as we head into the weekend, I think we’ll just...

Crypto Fear and Greed Index – Source: CoinMarketCapThe market panicked, and a key sentiment gauge, the Crypto Fear and Greed Index, just swung to “Extreme Fear” for the first time...

But it’s hard to tell, this time of year typically there isn’t a massive amount of demand, although temperatures are somewhat warm at the moment, the reality is it’s not...

The Kospi in South Korea has fallen as well, and a lot of this comes down to tech stocks getting wrecked. This, of course, is due to a little bit...

The Dow Jones 30 did rally early, but it’s given back some of the gains to show signs of exhaustion. That’s not a huge surprise after the massive move that...

Shell looks like it’s getting ready to rally as well, perhaps trying to recapture the $90 level given enough time. It has had nice little pullback here over the last...

Bitcoin MVRV Extreme Deviation Pricing Bands. Source: GlassnodeThat overlaps with the bear-flag target near $51,400, creating a clear downside cluster. In other words, three separate signals are now pointing to...

VICR designs, develops, manufactures, and sells modular power components, including AC-DC converters, complete power systems, and related accessories that are being used to power AI data centers. VICR’s first-quarter fiscal...