Forecasts & Analysis | Commodities

In today’s analysis, we will focus on commodities, as we can spot very interesting setups there, which should brighten your Wednesday trading.

Gains are likely being limited as traders await more direction from a meeting later in the day on the future level of production by OPEC+.

Let’s take a look at what happened in the gold and silver stocks yesterday

Gold and silver trade a tad higher today after spending the past week consolidating around $1800 and $19. Its raising the question whether they are getting ready to continue their journey higher? With the dollar punching at major support, U.S.-China tensions on the rise and real yields moving deeper into

The yellow metal kept shinning on Wednesday as macro news coming the world’s largest economy kept gold futures hovering above $1,800 per ounce.

The sentiment pendulum is positioned to swing deeper into ‘risk-on’ territory as markets take heart from vaccine hopes and expectations of further stimulus for pandemic-hit economies.

Daily forecast and trading signals of forex majors, commodities, cryptocurrencies and indices.

April production falls to 8-year lows

CPI rises to a 8-year high

Oil stays near the $40 level as OPEC boosts its oil demand outlook for 2020.