Commodities Analysis & Opinion

Gold has showed bearish tendencies due to trading below moving averages and below 61.8% Fibonacci at 1173.00. Trading below 1173.00 will cause a bearish action towards 1158.00 and 1154.00, while...

Although oil attempted to incline, movements are trapped below 45.40 and 46.00 and that is a negative signal. Moving averages cover the bearishness from the underside and that keeps the negativity...

In recent posts, we have discussed a potential precious metals breakout and a possible reversal in trend. After rallying pretty strongly for the last several weeks, the sector has now given up some...

Fundamental Analysis The bottom line is that OPEC is not going to hold any meeting before their own deadline unless we see a massive supply war between the Gulf producers. OPEC is out for blood and...

A new report finds that the largest oil companies are set to cut spending on exploration by at least half, potentially leading to very few new oil discoveries in the years ahead.The report from...

The crude oil price slump over the past year has been a painful experience for many producers, but OPEC’s strategy might finally be paying off as the cartel appears to be on the cusp of cutting...

Good Morning!In the overnight electronic session the December corn is currently trading at 376, which is ¾ of a cent lower. The trading range has been 379 to 375 ¾ so far. Talk of better...

The Oil Glut Is GrowingThe American Petroleum Institute reported that U.S. crude stocks rose by an eye opening 7.1 million barrels. This increase comes as refiners go into maintenance as runs fell to...

Actually, we should witness a breakout below 1173.00 to prove the bearish scenario and also, we need another breakout below 1165.00 to extend the wave. ADX shows weakness and RSI comes back below...

Oil trades below the main resistance line appearing on the chart, while negative signals become clearer. RSI14 trades at 50.00 levels and that is accompanied with bearish actions below SMA20 and...

Fundamental Analysis The precious metal is moving higher as expectations are that the Fed will not move the interest rate higher this year. The Chinese growth number had very mixed message and you...

Wheat has staged a recovery with first resistance at 494/495 today. However, the outlook is more positive in the short term now, so be ready to buy a break above to target 497/498, perhaps as far as...

Soybeans first resistance at 896/895 today, of course, but above here re-targets resistance at 900/901and we should struggle here again. However, further gains look likely at some stage this week and...

Crude Oil continues to be a profitable day trading the front month. Currently, that is the December 2015 contract. Tuesday’s trade delivered winners trending both higher and lower. Shorts proved...