CommodityOnline

Bund broke 139.70/65 support & tumbled further than expected towards the October low of 138.79. We bottomed just above at 138.83 so watch to 138.83/76 area closely. We are very oversold short term...

A break lower can then target 1928/26. If this does not hold the downside look for 1917/16 before 1910/09 lows last week A selling opportunity again at 1952/53 today with stops above 1961. If we...

GBPUSD held a narrow range from 1.6314 to 1.6395 in recent days. Today we have support at 1.6325/15 but below here sees 1.6280/75. If this does not hold the downside look for a buying opportunity at...

Emini S&P beat 1819/20 to hit our next target of 1823/24 & topped exactly here. If we continue higher we could reach 1828/29.Immediate support is 1820/19 then 1813/12 which should hold the...

USDJPY retested good support at 103.90/80 which held the downside again as predicted. We then headed back up to 104.30/35 as expected & today could reach as far as 104.60/65. There is a risk of a...

Gold: We could be witnessing the formation of a double bottom & the end of the correction in Gold. It is worth trying longs for the medium term as stop loss can be tight below 1175 providing an...

WTI Crude unable to beat last week's high at 9940/49 & sank back to our first target of 9865/60. Below 9850 keeps the market under pressure for 9820/15. If we continue lower look for good support...

Trading strategy for the coming week: buy on dips at around 61.80 levels with stop loss of below 61.50 levels for the upside target range of 62.60The USD/INR pair once again failed to sustain above...