Commodities Analysis & Opinion

The energy futures market is still in controlIt will be difficult for the stock market to get much of anything going on the upside, without stability in the energy market. Both crude oil and natural...

Although the reasons for Thursday's decline in crude oil -- intraday hit a 6-year low -- are a bit of a mystery (stronger USD?), the decline is pressing oil toward my next optimal, downside target...

Good Morning!The Bank of England left its key rate unchanged as well as its asset purchases. So another day of reports and the doubts of the global economy has given the markets a further Sybil...

Now you see it, now you don’t. Oil supplies fell for the first time in 10 weeks but is it everything that its seems? U.S. oil reserves seemingly disappeared but is the oil actually gone? And...

Gold declined below moving averages and below 1.0770 yesterday after failure to stabilize above it, which is a negative sign along with negativity on technical indicators. However, we can’t be...

Oil stabilizes below 37.75 and that is a negative catalyst along with trading below moving averages, which support extending the bearish tendencies after failure to take out SMA20. On the downside,...

Gold Main scenario:The pair is trading along a sideways trend between resistance 1085 and support level 1053.An local downtrend will start from resistance level 1085, which will be followed by moving...

Wheat March strong resistance at 491/492 remains the main challenge for bulls this week of course. Shorts need stops above 494 to target quite strong resistance at 499/500. However, if this does not...

Corn March has held strong support at 372/371 for a bounce back to strong resistance at 375/376. If we continue higher, we retarget 378/379 of course. If we continue higher today, look for strong...

WTI crude is oversold enough to perhaps trigger a short term sideways trend now if not a small recovery. Minor resistance at 3750/55 then 3825. If we continue higher, look for 3860 then 3895/99. Quite...

Gold first resistance at 1080/81. We should struggle here again today, but if we continue higher, look for 1088/89. Further gains meet minor resistance at 1091/92. If we continue higher this week,...

Gold May Be Putting a Triangle Right Shoulder on its Inverse H&S Gold may be putting a triangle right shoulder on its inverse H&S on the 60-minute chart. A triangle right shoulder is the...

The failure of OPEC members to discuss production ceilings at a recent meeting has compounded selling pressure in crude oil, and the global benchmarks are trading at close to six year lows. ETFs have...

Could there possibly be anything more out of favor today than the Canadian oil sands? It is virtually impossible to think of anything these oil deposits have going for them.A decade ago we were all...