Commodities Analysis & Opinion

GOLD INTRADAY CHART 26th January 2016 This sure looks like extending gains but with a deep pullback before it reaches its corrective high. I suspect that from here we should see the (navy) Wave iii...

Gold inclined, approaching 50% Fibonacci at 1118.00 zones, which are very sensitive regions for the bull trend. In fact, we see chances for resuming the bullish recovery according to ADX, but gold...

Oil declined strongly after touching SMA20 at 32.50 despite trading above this level for a while yesterday. Currently, oil is trading below 30.00 psychological and traders succeeded in breaching...

Weekly forecast: further break up of 1108 will open a road on 1135 Main scenario:The pair is trading along an sideways trend between resistance 1108 and supports 1093 - 1076.From resistance 1108 I...

Crude Oil traded to new highs in the overnight session, reaching 32.74 before failing as supply concerns came roaring back into the picture. Saudi Aramco announced it hasn’t reduced its...

Friday is looking more and more as if it were simply one of those bear-market rally days from deeply oversold conditions. The only problem being it wasn't that great of an up day. The real powerful,...

Plunging oil prices, rising market volatility, surging global debt—it’s all beginning to remind some investors of 2008. Earlier this month, billionaire former hedge fund manager George...

Oil prices are pulling back after the biggest 2-day rally since 2008 due to concerns that the monster snowstorm out east will zap demand. While most New Yorkers are trying to find their car, it is...

Good Morning!With weak and sluggish Grain markets farmers are not in the market to buy new farm equipment, which is forcing John Deere (N:DE) to lay off thousands. This is just another sign of a...

After the short squeeze last week and Monday’s crude oil reopening that saw benchmarks rise additionally, prices are once again tracing the downward trend that has defined the commodity for the...

Cold spell supports oilOn Friday the global oil prices edged up more than 6% due to the brisk demand on residual oil amid cold spell in Europe and US. The daily prices growth was after their record...

The International Sugar Organization (ISO), assuming average growth in global sugar demand forecasts a looming world production deficit of more than 6 m tonnes over the next two seasons. It also...

Fundamental AnalysisCrude oil bounced from its low due to the excessive sell off which took place on the back of Iran news. The cold weather over in the US has also helped the price to move higher,...

Gold trades near 1102.00 resistance, attempting to incline, while ADX shows decrease in bears’ power and thus, we need a move above the aforesaid level to be bullish. ADX moves above the value...