Commodities Analysis & Opinion

Global markets are blowing up after North Korea allegedly tested a hydrogen bomb and China devalued its currency to the lowest level since 2011. Oil prices, which were already under pressure due to a...

With equity markets tumbling, escalating tensions between a Saudi-led Sunni bloc against Iran, ongoing hostilities in Syria, North Korea testing what it claims to be a hydrogen bomb, the once-precious...

Good Morning!Looking ahead to a barrage of reports today starting at 7:30 A.M. with the U.S. Trade Balance followed at 9:00 A.M. by Factory Orders and ISM Non-Manufacturing Index. At 9:30 A.M. the API...

On the 4H chart of natural gas, we are looking higher as direction and wave pattern looks very clear. There is a strong upward movement since mid December followed by current sideways price action...

Gold: Here is a technique for confirming an intermediate cycle bottomBelow you find the video

Soybeans first resistance at 863/864 but above here meets stronger resistance at 866/867 and the main challenge for bulls today. Shorts need stops above 869. If we continue higher, look for the next...

Wheat first resistance at 461/462 is only minor but above here look for stronger resistance at 466/467. This is the main challenge for bulls today but we are severely oversold so be careful trying...

Construction spending fell in November for the first time in nearly one and-a-half years, suggesting the economy ended 2015 with less momentum than previously thought.Our Construction MMI fell 3.2%,...

Gold trades below SMA50 despite stabilizing above SMA20 and above 1077.00. SMA50 stopped the bullish actions and thus, ADX showed negative sign although RSI remains positive. We see inappropriate...

Oil stabilizes around 113% Fibonacci at 36.05, which is negative and would extend the bearishness. RSI and ADX are negative along with moving averages covering the movements from the topside. We...

WTI Crude now oversold short term with first resistance at 3635/39 but above here targets resistance at 3675/80. We should struggle here today but if we continue higher look for a selling opportunity...

Gold holding first support at 1075/74 re-targets strong resistance at 1079/80. This is the most important of the day and again shorts need stops above 1084. A break higher however is a buy signal...