Commodities Analysis & Opinion

Oil declined below SMA50 at 36.80, which is a very negative signal, while ADX shows increase in bears’ power and RSI moves below 50.00. Hence, we suggest a re-test of 38.2% at 25.50 and a break...

The price of oil rose sharply last week to nearly $40 a barrel, presumably based on two pieces of information: falling rig counts in the United States and the announcement that major international oil...

April crude oil started the week on a weak note today, trading down to test support at 36.87 (Monday's low was 36.68) before recovering and settling at 37.18. Price ranged after settlement, and ended...

CommentariesOil is back to 40 USD/bbl.—at least for Brent. Brent oil broke the $40 barrier for the first time this year, and WTI closed the week just under that level. WTI ended almost 8% in the...

The coffee price has risen from its lows, and this could well be the start of the expected big rally which has been laid out previously. Let’s review the daily chart and monthly charts.COFFEE...

IntroductionGold prices are up between 13% and 23% year-to-date in the major currencies. However, this upward trend started long before the recent price rally. In fact, in a majority of currencies,...

The price of oil is seeing its biggest decline Monday since February 23. The ostensible reason is that Iran once again reiterated it would only consider capping its output after it reached four...

Oil futures have turned lower from resistance confluence, following a Dark Cloud Cover candle pattern highlighted last week. Despite a close above 50% Friday, the black gold gapped down Monday and...

Gold will retest the breakout levels ($1.220). Reaction to this level will be key. Original post

The price correlation between the crude and equity cycles was on full display last week. The only real difference is the relentless nature of crude’s surge higher. Crude was so oversold and...

Gold (14.3.2016) traded higher in accordance with our expectations and snagged the $1280 mark. However strong resistance at $1280 was unbeatable.Now gold is trading around the $1247 mark as we can see...

Upward correction from lowest level since 2009Cotton is correcting upwards after hitting a fresh 7-year low late February. The bullish momentum was triggered by the strong US external trade...

Here is the Oil Equation: Existing Supply minus Shale Destruction, minus Cap Ex Reductions, minus Depletion Rates Globally, minus Demand Growth versus Iranian New Supply. Oil will be above $45 a...

GoldThe negative signs on RSI persist, as gold trades below 61.85 Fibonacci at 1260.00. Trading below this level is negative and a break below SMA50 at 1235.00 will affirm. We will be bearish today,...