Crude oil bounce from 65.56 stops, decreasing and approaching the 68.10 range. Crude Oil is trading at its December 2014 high. The bullish pattern started in November 2017 is maintained. Hourly...
Gold (in USD) Trading below 1340 Gold is decreasing further, trading below 1340 and heading along the 1330 range. Hourly support and resistance are given at 1318 (14/02/2018 low) and 1366 (25/01/2018...
Since the advent of nineteenth century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are provided by the state, and capitalism is...
Despite background noise that continues to reverberate with concerns about trade, markets in Europe look set to close higher for the fourth week in succession, despite a mixed session yesterday,...
European equity markets posted another positive session yesterday, with the FTSE100 leading the way helped mainly by a surge in basic resource stocks, as metals prices soared on the back of concerns...
This coming Friday, April 20, about 20 OPEC and non-OPEC oil ministers will meet in Jeddah, Saudi Arabia to discuss their oil production cut deal. The Joint Ministerial Monitoring Committee (JMMC)...
Three weeks ago we forecast that oil would advance from under $64 and may be heading toward $70 a barrel. The main fundamental drive was the rising tension between Saudi Arabia and Iran on the...
There was a strong push higher in crude prices yesterday after a couple of events which threaten to heighten geopolitical risks in the Middle East. First, US president Trump took to Twitter to warn...
Oil prices reached new highs on Tuesday as the market reacted to a combination of geopolitical, media and market forces. WTI hit $65.60, a gain of 3.38%, while Brent closed up 3.38% at nearly $71....
LME Copper (3 Month Continuous) I wrote last time how we'd moved below the Long MA (currently 6739) but 'I've concern recent action may be a Spike Bottom. Watch for closes over Dec 2017—Feb...
Trading Above 64 Crude oil recovery phase started at 61.81 continues, approaching the 64.35 range. The bullish pattern started in November 2017 is somewhat weakened since recent decline started at...
GOLD (in USD) Bearish reversal Gold is starting a bearish consolidation phase following recent recovery at 1338. Approaching the 1334 range. Hourly support and resistance remain at 1318 (14/02/2018...
Prior to the nonfarm payrolls release, the dollar looked strong and many wondered whether the beleaguered currency had finally bottomed out. All eyes were on the average hourly earnings part of the...
Naturally, the smooth termination of the gold-exchange standard, the restoration of the gold standard, and supplemental and interim measures that might be called for, in particular with a view to...
A busy day is building up for the two major economies of North America. Will the March NFP figure outperform February’s number? Economists think that it will be tough to beat the 313k number, so...
