Trading strategies today - September 17, 2019
GOLD (Spot) : Going UP to 1670 (target) - Gold prices are tight. There seems to be little change until the end of this month or next month. What is clear is that gold and silver prices are going up. When the rest is over, I think, prices will go up again. Meaningful prices are $ 1454 and $1520. For silver, $ 16.75 and 18.67 are important.
WTI CRUDE OIL (Futures) : Going UP to 91.3 (target) - We need to think of more than Saudi's oil facilities attacked by a drone. The oil markets have been very hot and unstable, and the prices have no choice but to go up. Whether people want or not, they are likely to make it that way. Important prices are $ 61.5 and $ 64.8.
NATURAL GAS (Futures) : Natural gas prices are going up, but it would be better to wait. Prices will fall again, then there will be an opportunity to buy at lower price. $ 2.195, $ 2.35 and $ 2.535.
CORN (Futures) : It's time to pay attention to the grain markets of corn wheat and soybean. They are not ready yet.
COFFEE (Futures) : Going UP to 160 (target) - Coffee prices seem to have bottomed out. They are making the stage for a rise. It may take some long time.
EUR/USD Euro rate (FX) : Going DOWN to 1.0353 (target) - There's nothing special on the Euro market. EUR/USD will go lower. It the rate go up, it will be an opportunity to sell.
S&P 500 Index (Futures) : Going UP to 3308 (target) - There's nothing special on the market. 2950 level is important and 3029.50 is a decisive price. If the price break through 3029.50, that will be a signal of rising. As the movement is good, there is no need to be worried.
WTI CRUDE OIL (Futures) : Going UP to 91.3 (target) - We need to think of more than Saudi's oil facilities attacked by a drone. The oil markets have been very hot and unstable, and the prices have no choice but to go up. Whether people want or not, they are likely to make it that way. Important prices are $ 61.5 and $ 64.8.
NATURAL GAS (Futures) : Natural gas prices are going up, but it would be better to wait. Prices will fall again, then there will be an opportunity to buy at lower price. $ 2.195, $ 2.35 and $ 2.535.
CORN (Futures) : It's time to pay attention to the grain markets of corn wheat and soybean. They are not ready yet.
COFFEE (Futures) : Going UP to 160 (target) - Coffee prices seem to have bottomed out. They are making the stage for a rise. It may take some long time.
EUR/USD Euro rate (FX) : Going DOWN to 1.0353 (target) - There's nothing special on the Euro market. EUR/USD will go lower. It the rate go up, it will be an opportunity to sell.
S&P 500 Index (Futures) : Going UP to 3308 (target) - There's nothing special on the market. 2950 level is important and 3029.50 is a decisive price. If the price break through 3029.50, that will be a signal of rising. As the movement is good, there is no need to be worried.