Commodities Analysis & Opinion

Gold Trades Near Previous Top At 1191.50
By - Feb 09, 2016

Gold trades at very sensitive levels near the previous top of 1191.50 and near the main resistance of the bearish trend seen on the chart at 1200.00. RSI shows overbought sign, while ADX remain ...
Oil Trades Slightly Upwards
By - Feb 09, 2016

Oil trades slightly upwards, but the inclines remain limited below 30.60 resistance. Trading below SMA20 and below the main resistance of 31.85 keeps the bearish pressures unchanged. On the downside,...

Ed Carlson
Crude Continues To Drill Downward
By Ed Carlson - Feb 09, 2016

Last week’s forecast for a high in the Dow Jones 30 on February 1stwas a perfect hit. As of last Friday, the Dow has fallen 438 points since last Monday’s high. Crude spent last week ...

The National Bank of Canada
Weekly Energy
By The National Bank of Canada - Feb 09, 2016

After plunging about 10% in two days, both WTI and Brent oil rebounded on Wednesday, cutting their weekly losses to about 5%. The global benchmarks once again ended the week in the mid-30s, but are ...

Dan Flynn
Oil Back Below $30
By Dan Flynn - Feb 08, 2016

Happy Chinese New Year! Good Morning! We could use some Super Bowl Monday revelers to create some excitement in today’s marketplace. In the early going with all the bad news it feels like were ...

IFC Markets
Rice Prices Under Pressure
By IFC Markets - Feb 08, 2016

Awaiting USDA report on Thursday Lately, rice prices have been under pressure. The Thai officials are planning to sell 11mln tonnes of rice from the state reserves which is to be discussed on February...

Gregor Horvat
Gold: Bullish Impulse Unfolding
By Gregor Horvat - Feb 08, 2016

Gold is trading sharply higher, forming an extended impulse that can extend much higher in days ahead as move from 1071 should unfold in 5 waves. An updated count shows that we are in the middle of a ...
Oil Stabilizes Below Main Resistance
By - Feb 08, 2016

Weak movements have been witnessed on oil along with bullish attempts above 13% Fibonacci at 30.35. Meanwhile, prices stabilize below main resistance and below SMA20 at 32.05, which keep the ...