S&P 500 and Oil Show Contrast Between Past Quarter and Next Week

S&P 500 and Oil Show Contrast Between Past Quarter and Next Week


Check out our Economic Calendar for upcoming economic data and central bank events.

Crude Oil Forecast– Crude Oil Prices Edge to 5-Month High, Doesn’t Feel Like a ‘Breakout’

US crude oil prices closed out this past week with a sense of progress that varies according to what time frame you evaluate. While the quarter (Q1) was extraordinary, the carry over into next week alone looks more tepid.

British Pound Forecast –No Brexit Deal- Pound Losses Mount

Sterling is set to close just above upslope support as a breakdown in Brexit negotiations weigh on price. These are the levels that matter on the GBP/USD weekly chart.

US Dollar Forecast – USD Starting to Look Exhausted

The recent batch of poor US data prints have been brushed aside by a resurgent US dollar in the past few days, but the recent push higher looks like it is running out of steam.

Gold Forecast – Gold Price Outlook Bearish in Long Run, Eying Support in Near Term

Gold prices concluded another month lower as a bearish reversal pattern formed, hinting of a top in the long-run. For now, the precious metal faces critical support that may hold.

Euro Forecast –Breakdown Potential for Q2

EURUSD has spent five months in a range through a number of Euro-drivers. But with overbought retail sentiment and bears persisting, might a break be in store for Q2?

Equity Forecast – Dow Jones Eyes Breakout, FTSE 100 in Brexit Limbo

The Dow Jones and FTSE 100 posted impressive gains over the final week of the first quarter, but where are the US and UK equity markets heading next?



Source link

admin