Commodities Analysis & Opinion

Oil plunged, reaching all defined targets mentioned in our reports yesterday. Coming below 53.35 where 50% Fibonacci exists has accelerated the downside moves. ADX shows the strength of the downtrend...

Silver has been trending lower under a bearish trendline that could be running out of steam. Silver has found some support thanks to the uncertainty in the global markets and a break through the...

Talking Points:Crude oil prices picked up in Asian trade coming up to a Eurogroup meeting Gold fell as Europe’s contagion risk faded, looking to USD and Fed minutes Copper has been flat after...

CLOil prices suffered their biggest selloff in five months on Monday, falling as much as 8% as Greece's rejection of debt bailout terms and China's stock market woes set off an extending spiral of...

Gold Main scenario:The pair is trading along a downtrend with target on 1160.The downtrend may be expected to continue in case the market drops below support level 1160, which will be followed by...

Dryer weather allowed corn conditions to improve after decreasing for two consecutive weeks. Soybean conditions were unchanged, but wheat conditions continue to struggle following the wet June...

It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium each went down by another penny from last week....

Investors are jittery at the prospect of Iran suddenly adding millions of barrels of oil to an oversupplied market if sanctions are lifted. This, according to many, is the primary cause of...

After close to three months in a range of $56 to $62 per barrel, WTI crude is tradingon Monday under $55. This week we will be watching to see if a downward breakthrough from this range will...

I expect the bullion banks to drive gold to draw in a few more bulls, trapping the longs.

As many Americans had an early celebration of the Independence Day, finally crude oil (WTI) closed below the low of May and June, around $57.50/barrel on Friday, July 3rd. Ever since the price of...

Has Greece been a good economic indicator over the past few years? Most would say 'NOT'!Are crude oil and copper sending a more important global message than what we're hearing from Greece? A year...

Last week, we analyzed the (lack of) safe-haven demand for gold in the wake of Greece’s deteriorating debt negotiations, noting that “the yellow metal …[was] dramatically lagging...

We attribute the recent downwards trend in oil and base metal prices to the Greek No vote, Chinese economic weakness and a looming Iran nuclear deal.We look for the trend to turn in H2 this year on...