Commodities Analysis & Opinion

Talking Points: Oil supported by weak USD and potential withdrawal of US exports ban Gold soared as interest rate hike was postponed, for now Copper pared gains from Chile mine halts, after Fed...

Crude oil moved nicely higher this week, above 47 which suggests that wave (b) can be already completed as a triangle formation. The reason is sharp move up from 44.30 which suggests more gains in...

India’s aluminum producers are struggling, in spite of being credited with some very competitively priced smelter capacity and having recently invested in new technology.Indian aluminum mills,...

The much-anticipated decision by the Federal Reserve Board at the Sept. 17 meeting to hold interest rates near zero was met in the resource community with a mixture of relief and disappointment. The...

Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -Crude has declined for 10 consecutive weeks. The only other similar streak (since...

Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses “If gold has turned the corner (big if given that a sliding parallel top ticked...

As goes oil, so goes the loonie, a phrase that most Canadians are tired of hearing. But the last twelve months have not been good for petroleum products, and, in the process, the CAD has fallen like a...

In a widely expected move, the US Federal Reserve left its benchmark interest rate unchanged overnight, forgoing the opportunity to make its first increase in more than 9 years.Instead the Fed decided...

Retail FX traders remain long gold prices and a contrarian view of crowd sentiment would typically lead us to call for further declines. A notable moderation in sentiment nonetheless warns that...

The silver prices shown at the end of this article are outrageous and unlikely … as unlikely as the following seemed before they happened: Two jets taking down 3 buildings on...

The past two sessions have featured a glut of data, some strong, some soft, yet most of it is essentially meaningless in the ongoing price discovery as we wait for the FOMC meeting decision to be...

Energy markets have been a whirlwind of activity in recent weeks with volatility remaining especially high as intraday swings top several percent regularly. Growing competition for Asian buyers has...

Oil prices riseOil prices are rising due to the reduction in US oil inventories, as well as because of Asian weak data. Reducing inventory was due to "increasing the activity of processing companies,...

Gold succeeded in moving upwards, stabilizing above moving averages 20 and 50 and above 23.6% Fibonacci as well. Until now, gold doesn’t touch 38.2% Fibonacci at 1125.00-1126.00 and that would...