Wednesday, August 19, 2020

Signals and Analysis from the DailyForex Trading Room - August 19, 2020

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Latest Market Analysis
Oil Remains Steady as Gasoline Inventories Increase - 19 August 2020
2020-08-19 08:55:00

Yesterday the oil futures barely moved after the markets learned that gasoline inventories increased significantly, which signals problems in the demand side.

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Silver Forecast: Ready to go Higher - 19 August 2020
2020-08-19 08:41:15

Silver markets initially pulled back a bit during the trading session on Thursday but then found enough buyers to turnaround and break above the $28 level.

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NASDAQ 100 Forecast: Making New Highs - 19 August 2020
2020-08-19 08:28:42

The NASDAQ 100 has rallied a bit during the trading session on Tuesday again, breaking out to a fresh, new high.

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Gold Forecast: Ready to Reach Towards Highs Again - 19 August 2020
2020-08-19 08:13:14

Gold markets have rallied a bit during the trading session on Tuesday, breaking above the $2000 level yet again.

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WTI Crude Oil Forecast: Taking Off to the Upside - 19 August 2020
2020-08-19 08:04:55

The West Texas Intermediate Crude Oil market initially pulled back a bit during the trading session on Tuesday but found buyers once again in order to grind the upside.

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