CommodityOnline

S&P/TSX 60 held strong Fibonacci resistance at 779/780 last week as predicted & profit taking held just above support at 668. These levels apply for this week. A break below 668 today could...

MCX Silver March as seen in the weekly chart above has opened the week at 45,769 levels initially moved higher, but has found resistance at 46,489 levels. Later prices fell sharply towards 45,237...

MCX Gold February as seen in the weekly chart above has opened the week at 29,141 levels initially moved lower, but has found good support at 28,958 levels. Later prices rallied sharply towards 29,521...

USD/INR has been consistently trading within range of Rs. (61-64) of for past three months, Currently price has breached the short term support line S1 at Rs. (63) and showing weakness till Rs.61...

S&P/TSX 60 held strong Fibonacci resistance at 779/780 this week as predicted. We are holding just above support at 668. A break below here today could target 765/64 & perhaps as far as...

Natural Gas March is edging towards Fibonacci resistance at 3930. This should hold a move higher for today & possibly for the week. However shorts need stops above 3965 as a break higher can then...

EURUSD is now testing resistance at 1.3625/30 & is just sitting above the upward sloping trend line at 1.3590 today. This is the last hurdle & a close above 1.3630 today is positive for next...

Euro Stoxx Dec13 made it back to this year's high & resistance at 3090/3100. We topped at 3098 but any shorts need stops above 3108 for 3117 then 3128 & 3137.Immediate support is 3078 but...

Natural Gas saw a move towards 3820/17 as predicted but bounced from 3836 to break above 3885 as we close in on Fibonacci resistance at 3930.This should hold a move higher for today & possibly for...

AUDUSD continued lower as expected to our target & Fibonacci support at 9065. A low for the day was expected & we bottomed almost exactly here at 9061 as predicted.We are oversold & this...

S&P/TSX 60 held strong Fibonacci resistance at 779/780 this week as predicted. We warned the outlook turned negative & we got very close to our target of 668 yesterday. There is a risk of a...

EURUSD failed just below resistance at 1.3625/30 at 1.3612. We have rallied further than I would have expected as we crawl along the bottom of an upward sloping trend line going back to July but the...

WTI Crude tumbled to strong weekly support at 9200/80 for a buying opportunity. This has been our target for a few weeks now & finally it has been achieved. I don't need to tell you that we are...

EURUSD hit our selling opportunity at 1.3565/70 & this trade worked perfectly as we topped exactly here & hit first support at 1.3530/20 to bottom exactly here. We are now back up testing...

Natural Gas for March overbought now so unable to beat Monday's high of 3885. A move towards 3820/17 could be seen but below here good support at 3785/75 should hold the downside. Longs need stops...

Crude: Well it took us a day to cover that gap on CL. We had trade overnight finally get to that level, but now it’s on to bigger and better things. We surprisingly enough are see-ing the...