Commodities Analysis & Opinion

Crude oil's decline seen in Asian session was limited above 88.6% Fibonacci at 48.05, which could be positive signal. We are still targeting 50.00, and a break above this psychological level will...

Soybeans above 1088 retest important resistance at the May high so far of 1090/92. We should struggle on overbought conditions, but bearing in mind the strong and seemingly unstoppable 2.5 month bull...

Daily forecast: break down of 1269 will open target on 1260 Main scenario:The pair is trading along a downtrend with target on 1269 and if it keeps on moving down below that level, we may expect the...

Gold continues to garner solid global institutional support, and shows great resiliency on every sell-off against the dollar. Giant bank Credit Suisse has joined the bullish forecasting fun, by...

Supply disruptions continue to haunt crude oil. Evacuations in Alberta, Canada have resumed as fires rage and head north nearing the major production areas of the Province. An electric power plant had...

Even after an 85% rally, sentiment in oil is only at 37% bulls. Everyone is stuck in the so called “fundamentals” and they still can’t see that the fundamentals have already...

A golden cross, a technical indicator that happens when short-term moving averages (often the 50-day version) cross above a longer-term average (usually the 200-day) has taken place in Crude Oil. The...

It has been a remarkable year for crude oil and market participants that specialize in this particular market. Having bottomed at just below $28 a barrel in January (a near 13-year low), a mere 4...

It seems that oil is busting out of its bust cycle as the crash in oil prices has put a market that was seriously oversupplied back into a semblance of balance. The reason that we are seeing such a...

Rains Make GrainsWho would’ve thunk it? April showers bring May flowers! Really? The cold and rainy May we are experiencing may help produce a healthy crop before La Nina hits if at all. Corn...

Gold Having lost its upside momentum to close on a rejection candle on Monday, further weakness is envisaged. On the downside, support comes in at the 1,265.00 level, where a break will turn attention...

Cheap banks loans, falling oil prices and economic growth have supported a rising trend in automobile sales since 2009. This trend has been boosting demand for raw commodities used in the production...

With the release of the RBA’s Monetary Policy Minutes this morning, I wasn’t able to fit this peach of a natural gas setup in today’s update.The traders at Vantage FX talked, and we...

Gold Gains Limited By Stock Market RecoveryAn index of the dollar against a basket of six major currencies edged down about 0.2% on Tuesday. A weaker greenback makes dollar-denominated gold cheaper...