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Commodities Technical Analysis, April 23rd — April 27th

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of April 22nd, 2018:…

Bitcoin Makes Gains As Tax Day Passes

This week has seen Bitcoin post impressive gains, as the tax deadline in the USA passed. Some analysts have attributed the last two, difficult months, …

Oil Recovers Following Trump’s Criticism of Opec

Oil prices have endured a turbulent day, coming out slightly on top towards the end of trading. The commodity started the day well, making early gains, …

Gold Poised for Weekly Loss on Rising US Dollar, Treasury Yields

Gold futures are on track for their first week loss in three weeks as a strengthening US dollar and rising Treasury yields allowed the yellow metal to suffer …

Natural Gas Futures Slide as Domestic Supplies Drop

Natural gas futures are trading lower after a new US government report showed US stockpiles of natural gas declined more than expected. …

Saudi Price Targets Cause Oil Prices to Rise

The announcement that the world’s biggest oil exporter, Saudi Arabia, is targeting an oil price of $80 to $100 per barrel, has led to the commodity …

Sanction Fears Lead Nickel Price to Rocket

The USA sanctions against Russia have continued to fuel market sentiment on Wednesday. Nickel has followed Aluminum in making substantial gains, rising more …

Orange Juice Futures Plunge as Scientists Warn About Citrus Greening

Orange juice futures slumped as much as 2% midweek after reports that a citrus disease affecting Florida growers may not be cured for a long …

Crude Oil Extends Rally as API Reports About Decline of US Inventories

Crude oil extended its rally today after the report of a decline of US inventories. The American Petroleum Institute reported that US stockpiles of crude …

Crude Oil Gains on Concerns About Supply Disruptions

Crude oil rose on Tuesday after swinging between gains and losses. Analysts provided a range of possible reasons for the rally.

Earlier, the commodity was rising due …

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