Commodities Analysis & Opinion

Soybeans May failed just below March highs at 1459 for the third week in a row leaving a negative double top pattern in place. We sold off sharply back to the target of 1412/09 but ran over to 1405...

US Corn was held most of last week by resistance at 487/488, but above here this week meets the 2 week high at 492/493. A break higher this week is possible for a test of March highs at 502.Support at...

Natural Gas broke 4350/40 but bottomed just 11 ticks above our next target and trend line support at 4275/65. We can use 4285/75 for a buying opportunity again today with prices oversold at this...

Brent Crude headed higher as expected but beat 107.35/45 to over run our target as far as 107.77. We have sold off sharply from here to support at 106.60. If we continue lower look for good support at...

WTI Crude beat 9945 to hit our target of 100.30 and topped almost exactly here at 100.25. This morning we have failed below resistance at 9950 and could drift lower to 9900 then good support at...

West Texas Intermediate and Brent Oil crudes climbed after Russia completed annexing Crimea, escalating the worst standoff with the West since the Cold War.WTI rose 0.6 percent and Brent 0.4 percent....

The Rural Mainstreet Index (RMI) increased to above growth neutral after falling below growth neutral last month for the first time in over one year. Uncertainty over when the Federal Reserve will...

Goldman Sachs’ head of commodities research Jeffrey Currie is at it again. The man who not so long ago described gold as a ‘slam dunk sell’ is reiterating his prediction that gold...

100.0 remains a formidable resistance for WTI crude. Prices managed to shoot all the way up to 100.82 last Friday, and appeared to have conquered the century level by closing the week at 100.07....

Brent Oil prices fell in London early Monday as concerns China's economic recovery is slowing overshadowed growing risks that Russia is massing its troops on Ukraine's border.While the crisis-hit...

Precious-Gold resumed its drop on Monday after recording its biggest weekly decline since November last week as the Fed hinted to a possible rise in interest rates early next year.Fed officials said...

BackgroundAn exciting major event is about to occur in the precious metals arena this very week and you will no doubt see many references to it and that is formation of Golden Cross. Gold bugs...

MCX Natural Gas March as seen in the weekly chart above has opened the week at 273.30 levels and made a high of 281 levels. As expected prices corrected 3.38% lower from the resistance level with...

MCX Crude oil April as seen in the weekly chart above has opened the week at 6,056 levels and during this price made a low of 5,975 levels. As expected prices could not able to breach the support...