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Commodities Technical Analysis, May 14th — May 18th

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 May 13th, 2018:…

Aluminum Extends Decline, Lumber Prices at Record High

Aluminum prices fell today despite the shrinking stockpiles at the London Metal Exchange. The metal was still above the levels it had been …

Gold Futures Steady on Soft Inflation, Cooling US Dollar

Gold futures are trading flat to end the trading week. With soft inflation data and a weakening US dollar, gold prices held steady and are …

Oil Posts Moderate Losses As Market Waits for Further Iran Action

Oil prices have experienced slight losses on Friday, but remain above $71 and $77 for WTI and Brent crude respectively. Prices have, this week, …

Grains Mixed After USDA Report, Livestock Gains

Prices for corn and wheat fell, while soybean prices increased, following the release of the World Agricultural Supply and Demand Estimates from the US Department of Agriculture. …

Natural Gas Adds to Gains on EIA Weekly Report

Natural gas futures are extending their gains towards the end of the trading week after the US government reported a smaller-than-expected increase in domestic stockpiles. …

Oil Prices Pegged Back by Profit Taking After Early Gains

Oil prices looked like they were continuing their powerful march upwards in early trading on Thursday, but were pegged back by profit taking …

Orange Juice Futures Surge on Buyer Interest

Orange juice futures are surging midweek as the market has been active in buying the commodity. What felt like prolonged agony, orange juice prices …

Oil Prices Rebound as US Pulls Out of Iran Deal

Oil wiped out Tuesday’s losses after US President Donald Trump announced that he was pulling out of the Iranian nuclear deal. Prices

Geopolitical Uncertainty Looms Over Copper Market

Copper futures tumbled more than 1% on Tuesday, falling to their lowest levels in a month as geopolitical uncertainty looms over the industrial metal market. Traders …

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