Commodities | Financial News Hub

Cash for Crude, Natural Gas and Copper

April 5, 2020 by

Three setups go to cash on Monday’s open of trading based on the latest Commitments of Traders data.They are natural gas, crude oil and copper.See my latest signals table for details on trader positioning for these and the other seven markets I trade using the free weekly COT data from the U.S. Commodity Futures Trading Commission.Good luck this week. [Read More...]

Can oil ministers reach a deal on supply curbs?

April 5, 2020 by

Market Questions is the FT’s guide to the week ahead [Read More...]

Squawk: Will gold formed a bottom? wil it hit 1230 abv…

April 5, 2020 by BSH

Will gold formed a bottom? wil it hit 1230 abv again? find out here…. https://www.fxstreet.com/analysis/daily-inverted-head-and-shoulder-pattern-takes-gold-to-form-a-bottom-at-1212-201811271646 … [Read More...]

Why the oil price shock is nothing to celebrate

April 5, 2020 by

Lower revenues exacerbate the damage for poorer producer nations [Read More...]

Oil majors raise $32bn of debt to weather crisis

April 5, 2020 by

ExxonMobil, Royal Dutch Shell, BP and Total among those to tap markets [Read More...]

Commodities Technical Analysis, April 6th — April 10th

April 5, 2020 by Andriy Moraru

The technical analysis, that includes the indicator data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continuous charts as of April 5th, 2020: Crude Oil Indicators Moving Averages RSI Parabolic SAR CCI Short Neutral Long Long Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 12.36 15.81 22.15 25.60 31.94 35.39 41.73 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 16.53 23.60 26.32 33.39 36.11 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res 23.11 25.80 26.70 27.59 29.39 30.28 31.18 33.87 Fibonacci retracement levels 0.0% 23.6% 38.2% 50.0% 61.8% 100.0% 19.26 21.57 23.00 24.16 25.31 29.05 Gold Indicators Moving Averages RSI Parabolic SAR CCI Long Neutral Long Neutral Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1524.98 1546.46 1584.22 1605.70 1643.46 1664.94 1702.70 Woodie’… [Read More...]

Banks, Gold to Cash: COT Signals

April 5, 2020 by

Two signals take effect on this week’s open of trading based on the latest Commitments of Traders data.My signals for the BKX U.S. Bank Index and gold both go to cash this week.See my latest signals table for more details on these and the other markets I trade using the free weekly COT reports. Good luck this week. [Read More...]

Countries follow consumers in stockpiling food

April 5, 2020 by

Fears grow despite plentiful supplies as some governments launch export restrictions [Read More...]

Traders Quiet: COT Report

April 4, 2020 by

All quiet in the land of COT.My signals from last week remain the same this week based on the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission.Trader positioning did shift in markets as usual, but not enough to switch any of my signals, as you can see on my newly updated latest signals table.Good luck this week – and Happy Mother’s Day to all you moms out there, including my own. ? ???? ?????. [Read More...]

Squawk: USDCAD bullish trend re-energized The “risk off” activity seen from…

April 4, 2020 by MarketChartist

USDCAD bullish trend re-energized The “risk off” activity seen from early December has intensified over the past week with global slowdown concerns impacting negatively on the major commodity… [Read More...]

US and Canada discuss putting tariffs on Saudi and Russian oil

April 4, 2020 by

Global deal to reduce production hangs in balance ahead of Opec+ meeting [Read More...]

Copper Bearish: COT Data Signal

April 4, 2020 by

One signal takes effect on the coming week’s open of trading based on the latest Commitments of Traders data: bearish for copper.That’s based on commercial hedgers in copper future and options getting significantly bearish in their net position as a percentage of the total open interest, according to Friday’s weekly COT update.Large speculators had already had a bearish posture in their total open interest — the other component of my copper signal.See my latest signals table for more details on this and the other nine signals I trade using the COT data. My other existing signals remain the same this week.Good luck this week. [Read More...]

Squawk: for live trading signals for forex and commodities one can…

April 4, 2020 by BSH

for live trading signals for forex and commodities one can ask us at our whatsapp +91 7799061547 facebook: www.facebook.com/bsh.advisory Thanks and regards BSH Advisory [Read More...]

US Crude Adds to Gains, Enjoys Best Weekly Gain in History

April 4, 2020 by Andrew Moran

Crude oil futures are enjoying their best week in history as investors are anticipating the major producers to slash output levels amid the coronavirus pandemic. US crude prices posted another huge session of gains, adding to its weekly jump and paring its immense 2020 losses. Will Saudi Arabia and Russia follow through on what President Donald Trump told the press this week? May West Texas Intermediate (WTI) crude oil futures surged $3.13, or 12.36%, to $28.45 per barrel at 18:59 GMT on Friday on the New York Mercantile Exchange. Crude prices are poised for an immense weekly spike of 30%, marking the best five-day performance in history. Year-to-date, US crude is still down 53%. Brent, the international benchmark for oil prices, is up slightly at the … [Read More...]

S&P 500 Commercials Steadily Less Bearish

April 3, 2020 by

No new signals this week. Another quiet week in the land of the Commitments of Traders reports.See my latest signals table for details of how traders are positioned in the latest COT data issued Friday afternoon by the U.S. Commodity Futures Trading Commission.Notable is the steadily rising bullish positioning of the “smart money” commercial hedgers in S&P 500 futures and options.The commercials have steadily built up their net position as a portion of total open interest since they bottomed out in early April.Their positioning still hasn’t hit the level needed to flip my signal from bearish to bullish, but they’re getting closer.Good luck this week. [Read More...]