Commodities

Crude Oil Price: Rising Wedge Threatens Bulls Party

The crude oil price advanced recently. The market bounced after a triangle as a reversal pattern formed at the $60…

May 06, 2021, 09:47 BST

Crude Oil Price Hits $70 As U.S. Crude Oil Stocks Stage Surprise Drop

The U.S. crude oil inventories report for the week ended 30 April showed a huge drop in stocks, according to…

May 05, 2021, 16:43 BST

Palladium Price Outlook: Commerzbank Predicts Path to 3498 if Bulls Take Out 3053

Head of the FICC Technical Analysis Research at Commerzbank says that Palladium has probably reached its end zone and could…

May 05, 2021, 14:38 BST

Gold Price – Double Top or Ascending Triangle?

The gold price hesitates ahead of the $1,800 level as investors wait for the NFP report to be released in…

May 05, 2021, 11:21 BST

Crude Oil Price Trades at 7-week Highs On Demand Optimism

The crude oil price is higher in the Asian session as lower inventories and renewed demand optimism offset a stronger…

May 05, 2021, 04:37 BST

Gold Price (XAU/USD) Leaps Towards $1800 As Fed’s Williams Reasserts FOMC Stance

Gold prices asserted their upside move late in the New York session, as Reuters quoted new York Federal Reserve President…

May 03, 2021, 20:45 BST

Crude Oil Price: The March to $70 Faces Strong Headwinds

Crude oil prices climbed higher this Monday, mostly on the back of risky sentiment as traders pinned their hopes on…

May 03, 2021, 16:04 BST

Copper Price to Hit New All-time Highs Above ($4.6495/Pound) – OCBC Bank

OCBC Bank has joined the list of institutional investors that are predicting new all-time highs for copper prices. This time…

May 03, 2021, 14:44 BST

Silver Price May Forecast: Major Moves Expected This Month

The Silver price is in a consolidation mode as investors reflect on the ongoing global recovery, monetary policy, and the…

May 03, 2021, 07:59 BST

Crude Oil Price: Downside Move Sets Up Potential for Bearish Flag Resolution

Crude oil prices took a downside hit this Friday and look set to register the steepest drop for April 2021,…

Apr 30, 2021, 16:09 BST