Commodities Analysis & Opinion

Current trend Close to record levels, natural resources extraction still influences Brent crude oil prices. Last week, US oil production rose by 9.6 million barrels a day. Gasoline and distillate...

Oil is presently trading below the main support line seen on the graph, while moving averages started to cover the movements as well. Trading below 60.00 psychological is a negative catalyst and that...

Gold, June 26Posted By: ICN.COMon: June 26, 2015In: Technical Analysis Print Email Gold has been trading within the same narrow range, as bears failed to take out 1171.00, which represents 13%...

At the end of March 2015, there was a change of trend on American cocoa prices. The price than stood at 2700 $/ton after dropping sharply down from almost 3000 per ton. While some people didn't follow...

Corn exports continued to rise this week behind greater demand from Japan, receiving more than 40% of the total corn exported last week. Soybean exports decreased significantly as Chinese demand for...

Today’s Binary Options Trading Strategy: • Commodity: Gold • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary call options on dips below 1,175.00...

Another day, another deadline breached as the Greek scenario plays out. The creditors for Greece have submitted a counter proposal to the Greeks through the EU and IMF that is asking for further...

The year is almost halfway over and it is time to check in on some important charts going back to the beginning of the year. One of these is copper. At the beginning of the year copper looked to be in...

Gold has moved slightly to the upside after reaching the target at 1171.00 where 13% Fibonacci exists. The current movements are seen as a correction, as they are limited below 23.6% level and below...

Talking Points:Crude oil fell as gasoline stock build dented demand outlook Gold fell on Greek debt deal hopes, upbeat US economic data Copper prices surged as China expanded stimulus efforts WTI...

Gold has turned nicely lower this week, from that trendline that we highlighted it as important resistance near 1200. Notice that current decline from 1206 is quite sharp that also moved back into the...

Gold Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue in case the market drops below support level 1172, which will be followed by reaching support level...

Platinum prices fell to their lowest levels since 2009. Despite most analysts predicting a deficit, this precious metal has done nothing but falling during the past few years. As we pointed out...

CLCrude futures dropped considerably on Wednesday halting a two-day rally, after a continued decline in U.S. crude inventories. The U.S. Energy Information Administration said in its weekly report...