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Riddle me this Batman, “When is a correction not a correction?” Answer, “When it’s correction fluid!”. Well that was a blast from my childhood memories. There’s...
MCX Natural Gas February had a bearish week as the indicators show a negative trend in the oversold territory. The slight recovery seen in the last week has been destructed by the international...
Gold moved sideways for the last six weeks, with each rally and correction sparking either new hopes or new fears about the yellow metal. But focusing on such short-term volatility can rarely bring...
MCX Nickel February had a bullish week as the indicators show a slight positive trend, but in the overbought territory. The US manufacturing and inventory data is scheduled to be announced. Commodity...
Nothing like a little consolidation over the past 24 hours to make today seem that much brighter. We pared a tic off the RSI, so we’re still in overbought territory. It’s getting close to...
WTI Crude Oil: Ok, I’m officially confused. We’re at the end of the month, overbought RSI and pardon the reference to fundamentals, but showing builds in inventory. Now there should have...
MCX Zinc has a bullish trend ahead as the indicators show a slight positive trend. Decline in the LME inventories and weak Dollar index has reflected the market prices.MCX Zinc may witness a huge...
The recent situation in the currency markets is all that precious metals investors like to see – for some time now we have been witnessing the strength in euro and weakness in the U.S. dollar....
MCX Lead has a range bound week ahead as the indicators show a slight positive trend. Higher inventories and weak Dollar index has reflected the market prices. Crude has recovered from the lower...
We know that CL options volatility has been at it’s lowest since 1996, but this is be-coming quite obvious on the daily charts too. We aren’t seeing much action overnight since the...
Silver closed lower on Friday and the low-range close set the stage for a steady to lower opening when Monday's night session begins trading. Stochastic and the RSI remain neutral to bullish signaling...
Gold closed sharply lower on Friday and the low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastic and the RSI remain neutral to bullish...