Tuesday, 17 November 2015

FOREX- Daily Update 1 , November 17, 2015

Silver

Technical Reports

 

Silver Forecast November 17, 2015, Technical Analysis
Silver markets initially tried to rally at the open on Monday, but struggled at the $14.50 level to end up falling and form a shooting star again. 

Crude Oil

Technical Reports

 

Technical Analysis Crude Oil for November 17, 2015
Crude oil prices rebounded on Monday after testing the November lows at 40 per barrel early in the North American trading session.  Prices have been under pressure and Friday’s announcement.

Gold

Technical Reports

 

Gold Prices November 17, 2015, Technical Analysis
Gold markets initially tried to rally on Monday, but struggled at the $1100 level. This was probably a knee-jerk reaction to the attacks in Paris.

Technical Analysis Gold for November 17, 2015
Gold prices whipsawed on Monday.  The initial reaction to the terrorist attached in Paris was to bid up the yellow metal.  Traders pushed prices up to the 10-day moving average.

Comex Gold Futures (GC) Technical Analysis – November 16, 2015 Forecast
Safe-haven bids helped drive December Comex Gold futures nearly 1 percent in early trading on Monday. The move was fueled by investors looking for safety following Friday’s deadly attacks.

Fundamental Reports

 

Precious Metals Fundamental Analysis – November 17, 2015 – Forecast - Gold, Silver & Platinum
Analysis and Recommendations: Gold gained a bit over $10 but gave back some of its initial gains as markets seemed to remain unstressed over the terrorist acts in France.

Brent Oil

Technical Reports

 

Crude Oil Forecast November 17, 2015, Technical Analysis
Light Sweet Crude The light sweet crude market went back and forth during the course of the day on Monday, testing the $40 level for support.

Fundamental Reports

 

Crude & Brent Oil Fundamental Analysis – November 17, 2015 - Forecast
Analysis and Recommendations: Crude Oil gained 38 cents to trade at 41.12 giving back some of its early morning gains as markets seem to be less panicked than expected.

Natural Gas

Technical Reports

 

Natural Gas Forecast November 17, 2015, Technical Analysis
The natural gas markets initially gapped higher at the open on Monday, but turned back around to fall and test which should now be support.

Technical Analysis Natural Gas for November 17, 2015
Natural gas prices whipsawed on Monday.  After initially moving higher in the wake of the Paris attacks, prices moved lower but closed up on the session.

Fundamental Reports

 

Natural Gas Fundamental Analysis – November 17, 2015 - Forecast
Analysis and Recommendations: Natural Gas  soared 67 points to 2.428 after a delayed inventory report on Friday and colder winter weather slowly arriving in the Northeast.

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