Tag Archives: Commodity

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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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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Aug 8, 2017 – Weekly Commodity: Oil hesitating at key resitance, Corn weaker but…, Sugar sold heavily at recent highs

Mr Price Action/ August 8, 2017/ Charts, Charts Posts, Weekly Charts, Weekly Commodity, Weekly Notes, Weekly Notes Posts/ 0 comments

Commodity markets had a mixed week as traders and investors were positioning themselves ahead of important data/events this week. The market represented by the Boomberg commodity index had a good start into the week but prices dropped closer to the weekend.  Crude Oil Oil rose on better than expected NFP on Friday. According to the latest employment report the US

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