Twitter: twitter.com/investinghaven Top notch forecasting with gold price forecast, many stock predictions, cryptocurrency charts. Either palladium will be strongly bearish in 2020: in this scenario we forecast that palladium will fall to $1,300 in 2020. We use a range of cookies to give you the best possible browsing experience. Recommended by Dimitri Zabelin GBP: 0.24% Nifty 50 Uptrend Holds Markets Week Ahead: US Dollar, Gold , Nasdaq 100, US-China Woes. 3-Year: 0.130% EUR/USD Price Forecast: Eyes a Test of the Neckline Support Level Why do we have such extreme price targets for our 2020 palladium forecast? The precious metal should find initial support off last Wednesday’s low around $2,008/oz.Get your $XAUUSD technical analysis from @nickcawley1 here: https://t.co/eDRTMJh0XR https://t.co/AqPu6zUWp7Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 2020-08-10 08:04:00 Markets Week Ahead: US Dollar, Gold , Nasdaq 100, US-China Woes. It is a supportive indicator.That’s why we don’t attach too much value to this first leading indicator for our palladium forecast. Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.Weekly Crude Oil Technical Forecast: Tedious Trading ContinuesMarkets Week Ahead: US Dollar, Gold , Nasdaq 100, US-China Woes. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/37wWQoOAIhCommodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Silver prices were up until recently climbing along a steep uptrend following their turnaround, and are now in danger of trading below a former descending resistance channel. S&P 500 Just Behind the Nasdaq 100 in its Bid for a New High, Dow Jones Lags View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/nmw81OlwwvTechnically, $SPX is working on its 7th day of consecutive advance, but the tempo of this stretch is about as underwhelming as the last time it ran this far (April 2019) https://t.co/imfVxv5XctUS Treasury Yields: It can also be the fuel.This quote (data point) just confirms our black and white thinking when it comes to palladium: either backwardation is priced in, or it will push palladium above its pivot point. Euro at Risk on EU Digital Sovereignty Stance, USD Eyes Stimulus Talks XPD/USD bottomed out at the September 2019-low at 1596.00 and spiked over 20 percent. in tight trading conditions. Gold: 0.69% Only 3 times in the last 15 years did palladium succeed in rising above this sub channel which it is testing right now.Going forward the situation is simple: either this will act (again) as too heavy resistance OR it will fly higher in a quick attempt to move to the higher sub channel.
France 40: 0.57%
From a risk management perspective pivot points need to be respected because they can go either way. US 500: 0.14% Markets Week Ahead: US Dollar, Gold , Nasdaq 100, US-China Woes.
US Dollar Comeback Ahead?
Stimulus? We want to be clear that this may be a lagging indicator. Crude Oil Prices Eye US Congress for Direction Amid Fiscal Deadlock FX Publications Inc is a subsidiary of IG US Holdings, Inc (a company registered in Delaware under number 4456365) Looking at a daily chart also shows a worrisome picture. If the breach is met with follow-through, XPD/USD may retest support at 1596.00.Looking at a weekly chart, however, does show an cautiously optimistic outlook for palladium bulls. By continuing to use this website, you agree to our use of cookies.
2020-08-10 12:30:00 Stimulus? US-China Tensions Push Havens Higher 2020-08-07 00:00:00 Dow Jones Leads Mixed Nikkei 225 and ASX 200, DBS Boosts Straits Times British Pound (GBP) Latest: GBP/USD Nudges Higher, FTSE 100 Picks-Up as President Trump Takes Action 2020-08-05 12:30:00 US 500: 0.08% However, selling pressure abated around 11-year lows and the pair bounced back after bottoming out at 12.653.
5 year Palladium (ounce) Forecast: 10057.12USD * About the Palladium commodity … Failure to clear it could lead to capitulation and heightened liquidation pressure. CAD: 0.26% And we will know very fast (in the next weeks, ultimately 2 months) whether $1,850 was another resistance point or just a gateway to a big surge higher!Again, we watch resistance at $1,850 and the crash point at $1,650 (dotted pink line).There is one quote from the palladium market analysis article from Reuters discussed in this forecast that requires attention:The market also moved deeper into backwardation, a situation associated with supply tightness when contracts for metal for near-term delivery are more expensive than later-dated ones.Watch out with backwardation at a pivot point.
2020-08-10 06:18:00 His work appeared on major financial outlets like FinancialSense, MarketWatch, ... Email: taki.tsaklanos@gmail.com.
Silver: 1.94% Indian Rupee, USD/INR Look Past RBI Rate Hold. Wall Street: 0.95%