The price of crude oil bounced back up today by nearly 7 per cent from a low that has not been reached in almost two decades. The price rose from the historic support level at 20.00 dollars per barrel after it was announced that Donald Trump and Vladimir Putin held talks over the phone yesterday. According to people familiar with the matter , they discussed the prospects of working together to stabilise the jolted energy market. [...]
Read full analysisThe price of wheat is typically affected by market seasonality, as there is a strong correlation between the time of the year and the global supply of wheat. [...] Right now, however, national lockdowns could very likely affect those strict timelines [...] Hence, the current analysis examines the expected impact of the global COVID-19 pandemic on the cultivation of wheat [...]
Read full analysisThe price currently finds itself below the first major obstacle [...] and its behaviour around it is going to shed more light on the likely future development of crude's price. That is why the present analysis delves into the fundamental and technical aspects of the crude oil market and investigates whether the price is going to manage to continue its recent bullish correction, or the long-term bearish trend is going to prevail at the end.
Read full analysisIn the days leading up to the announcement of a global COVID-19 pandemic, gold had climbed to 1700 dollars per troy ounce – a level that was last reached in December of 2012. The rally was prompted by fear of the unknown – investors scrambling into havens in a bid to protect themselves against a worst-case scenario, at a time when the situation is changing fast, and the underlying conditions of the threat are continually evolving. [...]
Read full analysisCrude oil is currently attempting to make a crucial breakdown below an important support level, which would blast the price to a 3-years low. The week began more than promising for the precious commodity, which climbed with nearly 5 per cent during Monday’s trading session. However, things have been steadily deteriorating since then, and the price is currently attempting to close down below the significant support level at 45.00.
Read full analysisDirectional trading on gold becomes very difficult under the current conditions on the market, however, the behaviour of the volatile price action underlines the prevailing market sentiment, which is currently driven by the еactions of major central banks. This, in turn, opens up the possibility of trading on the anticipated price swings, which are underscored by the present analysis.
Read full analysis[...] the purpose of this analysis is to evaluate those external pressures and the behaviour of the price that was observed during this week’s selloff, in order to project the next most likely development of the crude oil. First of all, however, it should be cautioned against speculative trading in these volatile conditions. The commodity market, in particular, has become especially reactive due to all of [...]
Read full analysisThe safe-haven asset continues to soar without being interrupted as its price surpassed the 1600 level for the first time since March 2013. Gold's strong bullish trend was initiated in October 2018, and since then it has risen with more than $400 per troy ounce. [...] The purpose of this analysis is to underscore the most favourable time to join the market
Read full analysisWTI crude oil futures advanced with more than 4 per cent over the last couple of weeks. The correction in the otherwise distinctly bearish trend is owing mostly to the global developments, such as the expectations for a virus-induced economic slowdown in China in Q1 2020 and rising fears over global supply cutbacks. [...] The present analysis aims to answer these and other questions related to the near-term future of the precious commodity.
Read full analysis[...] the bullish pressure on gold has eased during the last few trading days, which has led some market experts to believe that silver might now catch up, as the overall demand in the commodities market starts to shift. It is for this reason that the current analysis aims to investigate how this anticipated shift in demand in the commodities market could impact the price of silver.
Read full analysisThe price of crude oil bounced back up today by nearly 7 per cent from a low that has not been reached in almost two decades. The price rose from the historic support level at 20.00 dollars per barrel after it was announced that Donald Trump and Vladimir Putin held talks over the phone yesterday. According to people familiar with the matter , they discussed the prospects of working together to stabilise the jolted energy market. [...]
The price of wheat is typically affected by market seasonality, as there is a strong correlation between the time of the year and the global supply of wheat. [...] Right now, however, national lockdowns could very likely affect those strict timelines [...] Hence, the current analysis examines the expected impact of the global COVID-19 pandemic on the cultivation of wheat [...]
The price currently finds itself below the first major obstacle [...] and its behaviour around it is going to shed more light on the likely future development of crude's price. That is why the present analysis delves into the fundamental and technical aspects of the crude oil market and investigates whether the price is going to manage to continue its recent bullish correction, or the long-term bearish trend is going to prevail at the end.
In the days leading up to the announcement of a global COVID-19 pandemic, gold had climbed to 1700 dollars per troy ounce – a level that was last reached in December of 2012. The rally was prompted by fear of the unknown – investors scrambling into havens in a bid to protect themselves against a worst-case scenario, at a time when the situation is changing fast, and the underlying conditions of the threat are continually evolving. [...]
Crude oil is currently attempting to make a crucial breakdown below an important support level, which would blast the price to a 3-years low. The week began more than promising for the precious commodity, which climbed with nearly 5 per cent during Monday’s trading session. However, things have been steadily deteriorating since then, and the price is currently attempting to close down below the significant support level at 45.00.
Directional trading on gold becomes very difficult under the current conditions on the market, however, the behaviour of the volatile price action underlines the prevailing market sentiment, which is currently driven by the еactions of major central banks. This, in turn, opens up the possibility of trading on the anticipated price swings, which are underscored by the present analysis.
[...] the purpose of this analysis is to evaluate those external pressures and the behaviour of the price that was observed during this week’s selloff, in order to project the next most likely development of the crude oil. First of all, however, it should be cautioned against speculative trading in these volatile conditions. The commodity market, in particular, has become especially reactive due to all of [...]
The safe-haven asset continues to soar without being interrupted as its price surpassed the 1600 level for the first time since March 2013. Gold's strong bullish trend was initiated in October 2018, and since then it has risen with more than $400 per troy ounce. [...] The purpose of this analysis is to underscore the most favourable time to join the market
WTI crude oil futures advanced with more than 4 per cent over the last couple of weeks. The correction in the otherwise distinctly bearish trend is owing mostly to the global developments, such as the expectations for a virus-induced economic slowdown in China in Q1 2020 and rising fears over global supply cutbacks. [...] The present analysis aims to answer these and other questions related to the near-term future of the precious commodity.
[...] the bullish pressure on gold has eased during the last few trading days, which has led some market experts to believe that silver might now catch up, as the overall demand in the commodities market starts to shift. It is for this reason that the current analysis aims to investigate how this anticipated shift in demand in the commodities market could impact the price of silver.