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Lead futures price needs to consolidate before resuming an uptrend amid growing volatility during the week of May 28th, 2017.Have a Nice Trading Week.
Zinc futures price seems to be struggling hard to resume its uptrend and seems to achieve success amid growing volatility during the week of May 28th, 2017.Have a Nice Trading Week.
Aluminum futures price seems to face resistance. Correction is indeed before resuming uptrend once again.Have a nice trading week.
Silver futures price seems ready to shine during the week of May 28th, 2017.Have a nice trading week.
Natural gas futures price seems to be on a downward journey since May 22nd, 2017 amid sudden attempts to cross over its psychological resistance at $3.333. Sudden re-appearance of same attempts may be...
WTI Crude Oil futures price movement since the sudden eruption of disappointing news of an extension of OPEC supply cut has been evident enough to create indecisiveness in the further directional...
Yesterday was an important day for crude oil traders, who have been waiting for OPEC to extend the production cuts in an effort to stabilize crude oil prices, whose recovery from below $30 a barrel...
We review the OPEC meeting today.OPEC has decided to extend supply cuts until March 2018. That left the market disappointed leading to the biggest daily plunge in oil prices since the start of...
Natural Gas futures price needs to consolidate inside the Expected Reversal Zone before a Bounce amid growing volatility.Have a Nice Trading Time.
We know much is currently wrong with our financial world, as discussed in the James Rickards book “The Road to Ruin” and elsewhere. The official U.S. government debt is nearly $20...
Good Morning!This morning we have Export Sales at 7:30 A.M., Initial Jobless Claims at 7:30 A.M. and EIA Gas Storage at 9:30 A.M., Which brings us to Scott Disavino of Thomson Reuters weekly poll with...
Natural gas futures price movement in 4 hr. chart seems to consolidate till the announcement of impending inventory of natural gas storage on May 25th, 2017. On analysis of natural gas futures price...
The cycle for any commodity follows the same basic pattern.When prices are low, production falls. As new supplies diminish, the market tightens and prices move higher. The higher prices incentivize...
by Pinchas Cohen Yesterday, the Russian energy minister put forward the possibility of including an additional extension of three months on top of the already extended oil production freeze deal's...
I don’t think I let myself know just how nervous I was about the OPEC announcement in the wee hours of this morning (my time). When I woke up, however, it took me about one second to grab my...