Bitcoin Daily Forecast and Technical Analysis for May 02, 2024 by Bruce Powers, CMT, FX Empire

Published: Thursday May 02, 2024 @ 16:30 EDT
Duration: 2.67 minutes
Views: 187
Likes: 6
Favorite: 0
Description: Bitcoin finds support at $56,500 after breaking down from a bullish wedge pattern, but potential bullish continuation remains if support holds.

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Gold Daily Forecast and Technical Analysis for May 02, 2024 by Bruce Powers, CMT, FX Empire

Published: Thursday May 02, 2024 @ 16:26 EDT
Duration: 3.03 minutes
Views: 823
Likes: 65
Favorite: 0
Description: Top trendline and 20-Day MA now act as resistance after previously behaving as support, indicating a bearish turn for gold.

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https://www.fxempire.com/forecasts/article/gold-price-forecast-bearish-signals-point-to-deeper-retracement-1427879/

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Natural Gas Daily Forecast, Technical Analysis for May 02, 2024 by Bruce Powers, CMT, FX Empire

Published: Thursday May 02, 2024 @ 16:21 EDT
Duration: 1.90 minutes
Views: 328
Likes: 29
Favorite: 0
Description: Weekly chart shows bullish continuation, with last week's high of 2.00 a key level to watch.

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USD/JPY Forecast and Technical Analysis, May 2, 2024, by Chris Lewis #fxempire #trading #USDJPY

Published: Thursday May 02, 2024 @ 10:15 EDT
Duration: 0.02 minutes
Views: 89
Likes: 6
Favorite: 0
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S&P 500 Forecast and Technical Analysis, May 2, 2024, by Chris Lewis #fxempire #trading #sp500

Published: Thursday May 02, 2024 @ 10:13 EDT
Duration: 0.02 minutes
Views: 60
Likes: 1
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Nasdaq Forecast and Technical Analysis, May 2, 2024, by Chris Lewis #fxempire #trading #nasdaq

Published: Thursday May 02, 2024 @ 10:11 EDT
Duration: 0.02 minutes
Views: 31
Likes: 0
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Silver Daily Forecast and Technical Analysis for May 2, by Chris Lewis, #FXEmpire #silver

Published: Thursday May 02, 2024 @ 10:10 EDT
Duration: 0.02 minutes
Views: 60
Likes: 2
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Gold Daily Forecast and Technical Analysis for May 2, by Chris Lewis, #XAUUSD, #FXEmpire #gold

Published: Thursday May 02, 2024 @ 10:08 EDT
Duration: 0.02 minutes
Views: 230
Likes: 11
Favorite: 0
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Bitcoin Forecast and Technical Analysis for May 2, by Chris Lewis #fxempire #trading #bitcoin #btc

Published: Thursday May 02, 2024 @ 10:07 EDT
Duration: 0.02 minutes
Views: 43
Likes: 1
Favorite: 0
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Natural Gas Daily Forecast and Technical Analysis May 02, 2024, by Chris Lewis for FX Empire

Published: Thursday May 02, 2024 @ 09:28 EDT
Duration: 2.27 minutes
Views: 544
Likes: 35
Favorite: 0
Description: The natural gas markets continue to bounce around in a tightly defined range. At this point, the market is likely to be stuck in this area for a while.

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USD/JPY Daily Forecast and Technical Analysis for May 02, 2024, by Chris Lewis for FX Empire

Published: Thursday May 02, 2024 @ 09:16 EDT
Duration: 2.08 minutes
Views: 426
Likes: 10
Favorite: 0
Description: The Bank of Japan may have intervened in this pair, but at the end of the day, there is very little they can do to change the trend, only being able to slow it down.

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Crude Oil Daily Forecast and Technical Analysis for May 02, 2024, by Chris Lewis for FX Empire

Published: Thursday May 02, 2024 @ 09:10 EDT
Duration: 2.27 minutes
Views: 397
Likes: 23
Favorite: 0
Description: The oil market has been rather negative over the last few days, and as a result we are now looking into whether or not we have buyers in a very important region.

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Bitcoin Daily Forecast and Technical Analysis for May 02, 2024, by Chris Lewis for FX Empire

Published: Thursday May 02, 2024 @ 09:05 EDT
Duration: 2.23 minutes
Views: 148
Likes: 11
Favorite: 0
Description: The Bitcoin market tried to jump a bit higher on Thursday, as the market is trying to recover the $60,000 level. If the market were to break above there, this could be a sign that the uptrend will return.

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Silver Daily Forecast and Technical Analysis for May 02, 2024, by Chris Lewis for FX Empire

Published: Thursday May 02, 2024 @ 09:00 EDT
Duration: 2.23 minutes
Views: 363
Likes: 30
Favorite: 0
Description: The silver market pulled back a bit during the session on Thursday, as the markets continue to attempt to see whether or not the support level will hold. The next day or two could be pivotal on where we go.

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S&P 500 Daily Forecast and Technical Analysis for May 02, 2024, by Chris Lewis for FX Empire

Published: Thursday May 02, 2024 @ 08:12 EDT
Duration: 2.22 minutes
Views: 315
Likes: 18
Favorite: 0
Description: The S&P 500 continues to see a lot of noisy behavior, which makes a bit of sense, as we have earnings season going on. We also have the employment numbers coming out, so this will have a make influence as well.

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NASDAQ 100 Daily Forecast and Technical Analysis for May 02, 2024, by Chris Lewis for FX Empire

Published: Thursday May 02, 2024 @ 08:08 EDT
Duration: 1.93 minutes
Views: 170
Likes: 11
Favorite: 0
Description: The NASDAQ 100 continues to see a bit of a recovery in the early hours on Thursday, as we are looking for some kind of directionality. Ultimately, this is a pair that should eventually break out one way or the other, but at the same time, it is worth noting it is earnings season.

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Gold Daily Forecast and Technical Analysis for May 02, 2024, by Chris Lewis for FX Empire

Published: Thursday May 02, 2024 @ 08:03 EDT
Duration: 2.20 minutes
Views: 760
Likes: 70
Favorite: 0
Description: The gold market has pulled back just a bit for the bulk of the session in the early hours of Thursday, as the market will continue to see a lot of external noise. With Friday being Non-Farm Payroll, it will be noisy, but at this point, it is difficult to think we are going to be quiet, but I think we still won’t have a lot to move things yet.

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EUR/USD Daily Forecast and Technical Analysis for May 02, 2024, by Chris Lewis for FX Empire

Published: Thursday May 02, 2024 @ 07:59 EDT
Duration: 2.07 minutes
Views: 168
Likes: 14
Favorite: 0
Description: The euro continues to see a lot of stagnation more than anything else, as the markets remain a bit sideways. Confusion might be a good word for what is going on at the moment.

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AUD/USD Daily Forecast and Technical Analysis for May 02, 2024, by Chris Lewis for FX Empire

Published: Thursday May 02, 2024 @ 07:54 EDT
Duration: 2.03 minutes
Views: 110
Likes: 11
Favorite: 0
Description: The Aussie continues to see a lot of sideways action, as the market is looking to find some kind of reason to make a bigger move. That being said, you could very easily be waiting for a while as the market doesn’t really have a lot to offer.

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Natural Gas Technical Analysis for May 1 by Bruce Powers, #CMT, for #fxempire #natgas

Published: Thursday May 02, 2024 @ 05:22 EDT
Duration: 0.02 minutes
Views: 134
Likes: 7
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