CommodityOnline

WTI Crude beat 9780/90 which then acted as support as we eventually broke above 9875 to reach 9949. We now need to hold above the 200 day moving average at 9880 if we are to build on gains &...

USDJPY held immediate support at 103.75 as hoped & our positive signal ensured a return to 104.35. The break higher is not unexpected & could target 104.60/65, possibly as far as 105.05/15...

Silver collapsed to our target of 1920/19 & continued lower to 1909. Above 1926/28 today we meet resistance at 1936/40 which could hold a move higher. However on a break look for a selling...

Natural Gas unexpectedly tore higher through 4395/00 to reach 4475. We are overbought short term so may see profit taking down to 4435/30. If this does not hold the downside look for a buying...

Gold hit the target of 1201/99 & continued lower as predicted towards 1180. However we bottomed just above at 1185. The previous low is at 1180.71. We could be witnessing the formation of a double...

GBPUSD tested support at 1.6335/25 as predicted & bottomed exactly here. Watch this support again today & if we continue lower look for 1.6275 & possibly as far as 1.6240/30 which should...

FTSE March resistance at 6546 but above here look for a selling opportunity at 6590/95. This could hold a move higher but shorts need stops above 6605 for a move towards 6628/32.Immediate support is...

EURUSD ''Volatility tends to increase at market tops & we called a top last week at 1.3810. This level was retested this week & held adding to the negative outlook.'' As predicted the market...

Euro Stoxx March made it as far as 3033 but a break above 3035 today can take prices as far as 3052/54 today. A good chance this holds a move higher but any shorts need stops above 3064 for a target...

Emini S&P March bearish triple top is a rare & very negative pattern. Clearly 1812/13 is critical & will determine direction in to the end of December. The March triple top is at 1805/07...

Dax March above yesterday's high of 9371 can target 9396/9401. If we continue higher look for all time highs for the December contract at 9429. Any shorts here need stops above the all time highs for...

Bund tested support at 139.75/70 & bottomed at 139.63. If we continue lower look for a possible retest of 139.45 December lows. A break lower today would then target 139.29/26 & may be as far...

Brent Crude beat 109.40/50 & shot to our target of 110.30/40 with a high for the day expected & we topped almost exactly here at 110.53. This trade worked perfectly as we sold off to our first...

December 20, 2013 14:40The U.S. Comex gold futures plunged 3.35% to $1,193.60 on Thursday after the Fed has announced a small tapering on Wednesday. This was the largest percentage decline since 26...