Silver markets have broken down significantly during the trading session on Wednesday, breaking below the $18 level.
Blogs
S&P 500 Forecast: Ready to Break Out Above a Major Cluster – 04 June 2020
The S&P 500 has rallied above the 3100 level, which of course is a very bullish sign.
Gold Forecast: Markets Testing Bottom of Major Triangle – 04 June 2020
The gold markets have broken down significantly during the trading session on Thursday, but are clearly hanging around the $1700 level
WTI Crude Oil Forecast: Moving in Mass Confusion – 04 June 2020
The West Texas Intermediate Crude Oil market has gone back and forth during the trading session on Wednesday, as we await some type of decision by OPEC
Bitcoin Forecast: Showing Resistance at Same Level – 04 June 2020
The Bitcoin market has gone back and forth during the trading session on Wednesday, after initially trying to poke above the $10,000 level on Tuesday.
NASDAQ 100 Forecast: Reaches All-Time Highs Again – 04 June 2020
The NASDAQ 100 continues to elevate to the upside, reaching towards the all-time highs again on Wednesday.
EUR/USD Forecast: Continues to Stretch to Massive Overbought Levels – 04 June 2020
The Euro has extended its gains during a very volatile session on Wednesday, reaching towards the 1.1250 level.
GBP/USD Forecast: Forms Shooting Star at 200 Day EMA – 04 June 2020
The British pound has rallied rather significantly during the trading session again on Wednesday, piercing the 200 day EMA. However, we have ended up forming a bit of a shooting star and that is a negative sign.
Gold: Exhausted Risk Appetite to Assist Resumption of Rally – 04 June 2020
Financial markets extended their disconnect from fundamental reality, primarily driven by retail demand.
AUD/USD Forecast: AUD Continues to Press Major Level – 04 June 2020
The Australian dollar has been all over the place during the trading session on Wednesday, as we approach the 0.70 level.