Natural Gas Fundamental Analysis May 2, 2012, Forecast
Natural Gas Fundamental Analysis May 2, 2012, Forecast Analysis and Recommendations: Natural Gas is the talk of the town today, soaring up to trade at 2.331 well off the bottom of 1.92 last month. The continued cold in the northeast was a supporting factor as speculators are hoping that the late cold front used some [...]
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Crude Oil Fundamental Analysis May 2, 2012, Forecast
Crude Oil Fundamental Analysis May 2, 2012, Forecast Analysis and Recommendations: Crude Oil continues to amaze, trading up at 106.11 climbing 1.25 in a quiet holiday session. Crude oil climbed after the US ISM Manufacturing Index gave investors a more positive feeling about the US recovery and expansion. The Institute for Supply Management‘s index showed [...]
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GBP/JPY Breaking Below Range Support
GBP/JPY 1H Chart: http://screencast.com/t/G3uNHnFBLs40 The 1H GBP/JPY chart shows a market that has been trading sideways in a range. The resistance is roughly 131.80 and the support is near 130.20. The 131.00 level is seen as the central pivot and reflects the “fair” or “neutral” price within the range. As we begin the 4/30 US [...]
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