Category Archives: Weekly Notes

EURUSD (Intraday) – Are we going to find a support?

Mr Hawk/ November 12, 2018/ Chart Of The Day, Charts Posts, Weekly Charts, Weekly Notes, Weekly Notes Posts/ 0 comments

…in relation to our view based on the weekly chart published a week ago (below article): A breakdown through an “ideal” double bottom formation and scenario 2 might be in play. The long weekend in US (market is open but lower liquidity expected) can present itself as a perfect envirnoment for a quick manipulation. Do you agree with us? Intraday

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Why are stock markets down?

Mr Hawk/ October 29, 2018/ Weekly Notes, Weekly Notes Posts/ 0 comments

Because of raising bond yields, Fed hiking, US economy taking a pause after peaking, consumer debt at extreme levels, US-CN showing trade muscles, high valuations…whatever you name is correct. But there is something behind the scenes and it is called the uncertainty that Trump has brought with him. The tensions between US and China are real and markets has started

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June 12, 2018 – Commodity Weekly: Calm commodity markets ahead of Fed, OPEC

Mr Price Action/ June 13, 2018/ Charts, Charts Posts, Weekly Charts, Weekly Commodity, Weekly Notes, Weekly Notes Posts/ 0 comments

Commodity markets had a volatile week but currently they are rather calm ahead of key events, the FOMC reate decision today and the OPEC meeting next week. Crude is stable just above recent lows while yesterday API reported surprise built up in crude and even bigger rise in gasoline inventories.Corn reacted strongly on bullish Wasde data as market expected increase

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May 21, 2018 – Commodity Weekly: Commodity markets in bullish mode despite strenghtening dollar

Mr Price Action/ May 22, 2018/ Charts, Charts Posts, Weekly Charts, Weekly Commodity, Weekly Notes, Weekly Notes Posts/ 0 comments

Commodities had a pretty strong few days as the Brent driven oil rally helped to lift prices in most of the sectors. The strengthening dollar hit precious metals the most, but the selloff wasn’t particularly heavy. Extreme speculative positioning however represents significant threat of possible volatile corrections for many commodities. Oil The oil market was primarily driven by the withdrawal

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Apr 17, 2018 – Commodity Weekly – Crude rallied on Syria despite increased US inventories, sugar depressed further, grains helped by cold weather

Mr Price Action/ April 17, 2018/ Weekly Charts, Weekly Commodity, Weekly Notes, Weekly Notes Posts/ 0 comments

Commodities were pushed higher last week by weaker dollar and geopolitical tension, namely US-Russian as the most significant. However the grain sector was supported weather factors, especially in the US mid-west. Sugar prices were further depressed by bigger than expected Thai crop despite speculators trimmed some shorts on profit taking. Crude Oil The recent US attacks on Syrian chemical weapon

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Apr 10, 2018 – Commodity Weekly: Oil rebounded from 2015 highs, sugar still under pressure despite divergence

Mr Price Action/ April 10, 2018/ Charts, Charts Posts, Weekly Charts, Weekly Commodity, Weekly Notes, Weekly Notes Posts/ 0 comments

The commodity prices index didn’t change much the previous week, although there was a drop in BBG commodity index by 0.6%. The main driver was the energy sector, especially oil that took the hit after inventories in Cushing have risen and trade war tension is easing. The latest developments in Syria seems to change the market sentiment … again. The

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Apr 4, 2018 – Commodity Weekly: Crude, Corn forming double top, more downside for sugar ahead

Mr Price Action/ April 4, 2018/ Charts, Charts Posts, Weekly Charts, Weekly Commodity, Weekly Notes, Weekly Notes Posts/ 0 comments

While Crude corrected ahead of key resistance on easing ME tension, grain traders were surprised by the USDA corn and soybeans ending stocks (higher than estimates) and acreage estimates (surprisingly balanced). Sugar is on the other hand pressured by strong production in India despite Brazilian producers are shifting to ethanol and its a surprise its holding so well despite the

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Mar 27, 2018 – Commodity Weekly: Crude testing January highs – the last resistance

Mr Price Action/ March 28, 2018/ Chart Of The Day, Charts, Charts Posts, Weekly Charts, Weekly Commodity, Weekly Notes, Weekly Notes Posts/ 0 comments

Crude oil testing January highs as well as the revival of gold rally after the FOMC were supporting commodities last week. As energy sector and precious metals pulled the market to the upside, the agricultural contracts and industrial metals were suffering losses from rising fears that the escalating trade war could hamper global growth. Oil While speculative net long reached

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Jan 15, 2018 – Commodity Weekly: Oil bulls pushing prices higher, corn and sugar falling

Mr Price Action/ January 16, 2018/ Charts, Charts Posts, Weekly Charts, Weekly Commodity, Weekly Notes, Weekly Notes Posts/ 0 comments

Last week continued the spectacular oil rally as inventories are dropping and Trump threatened to abandon Iran nuclear deal. The grains had hard time after bearish WASDE report although soybeans seem to get some extra boost, both corn and wheat were suffering. The soft sector had a rather bad week too with Sugar #11 dropping almost 7% testing key support

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Jan 8, 2018 – Weekly Commodity – Commodity Index rebalancing may bring corrections this week

Mr Price Action/ January 9, 2018/ Charts, Charts Posts, Weekly Charts, Weekly Commodity, Weekly Notes, Weekly Notes Posts/ 0 comments

The second week of the year is usually about Commodity Index rebalancing. During this process Commodity Index funds adjust their portfolios to those indices they follow. This often results in buying the worse performing commodities and selling the high performers. Some commodities may see a short term bounce or drop but without fundamental support any correction will be short lived Oil

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