Commodities Analysis & Opinion

Soybeans in a bear trend but held support at 1046/45 as predicted and managed a recovery as hoped to strong resistance at 1057/58 is a big challenge. We halted below 1061 but above here the outlook is...

As we have pointed out before, the history tends to repeat itself, which suggests that we’ll likely see a similar price action in the coming days. In this case, we may see an increase to...

Palladium Reaches 13-Year High Over $900 oz as Gold Trading Volumes Surge 66%Today’s AM fix was USD 1,302.75, EUR 972.93and GBP 778.51 per ounce. Friday’s AM fix was was USD 1,313.60, EUR...

Gold rose slightly on Tuesday, following its drop over the previous two sessions, yet traded below $1300 an ounce, ahead of U.S. CPI and housing starts data.The shiny metal fell yesterday while...

Crude Oil futures were few cents higher on Tuesday, following nearly 1% drop in the previous session as traders weighed the prospects for demand in the oil producing countries.The sentiment for oil...

Fuel To Sustain Crude Recovery May Prove LimitedCrude Oil is recovering ground during the Asian session as traders likely book profits on short positions, which follows a period of steep declines...

Silver has been moving up and down the charts, but mostly down over the last couple of months, and if you have been reading my articles I have been talking a lot about this as of late.Why has silver...

Silver:The additional losses have forced a similar count to Gold. This suggests the 21.56 high Was Wave [i] and we have either seen Wave [ii] at 19.47, but should allow for the 76.4% retracement at...

Main scenario:The pair is trading along a sideways trend.An uptrend will start as soon as the pair rises above resistance level 1309, which will be followed by moving up to resistance level...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular and Premium dropped three cents, the seventh week of price...

Gold for Tuesday, August 19, 2014Over the last couple of days Gold has been easing lower back towards the $1300 level and has just slipped just below that level of the last day or so.  ...

This has been a particularly difficult year for the mills and trading companies. The low Sugar demand on the foreign market has taken a toll on the mills, what with the heavy service of the huge...

Gold has continued to be weighed down within a large triangle consolidation pattern, trading about halfway between the 1180-area multi-year low at the end of 2013 and the 2014 high of 1392.The...

Below, a weekly technical update, published at the beginning of each trading week in spreadsheet format to help you develop your trading game plan by identifying the short-, medium- and long-term...