Crude Oil Prices Set to Increase
December 15, 2009 8:02 pm by Anton EljwizatCrude Oil has been experiencing much bearish behavior in the last month. However, there is much technical data that supports a bullish move for today. I will illustrate below that the oil may very well be heading for a reversal, ...
Silver Reversal in the Works
November 27, 2009 1:21 pm by Anton EljwizatIn today’s trading, the silver experienced much bearishness. However, as I will illustrate below the 4-hour chart’s oscillators support a bullish reversal for today. This might be a good opportunity for forex traders to enter the trend at a very ...
Crude Oil Prices Set to Decrease
November 18, 2009 7:29 pm by Anton EljwizatCrude oil rose above$80 a barrel on Wednesday as the dollar weakened, prompting investors to once again buy into commodities. However, as I will demonstrate below, Crude Oil may very well be heading for a reversal later today. This might ...
Gold Prices Stabilize Near $1,130
November 17, 2009 5:35 pm by Anton EljwizatGold touched a fresh high above $1,140 an ounce in Europe on Monday momentum from recent gains and a slide in the dollar index sparked fund buying of the precious metal. However, as I will demonstrate below, Gold may very ...
Gold Prices Stabilize Near $1,060
October 22, 2009 11:34 pm by Anton EljwizatThe USD witnessed a steady depreciation against most of its major currency counterparts during the afternoon trading session.
Has Gold Reached Its Peak
September 7, 2009 2:11 pm by Anton EljwizatGold rose dramatically last week and is currently trading at $993 per ounce. Many market participants thought gold would be hit by near term profit-taking after last week's rally, with prices climbing by more than 4% during the week to ...
Crude Oil Reaches $72 a Barrel
August 5, 2009 3:35 pm by Anton EljwizatCrude Oil rose above $72 a barrel yesterday, without settling higher than that level, as increasing industrial activity in the U.S. and China raised hopes fuel demand will recover. However, as I will demonstrate below, Crude Oil may very well ...
Has Silver Reached Its Peak?
August 3, 2009 3:04 pm by Anton EljwizatSilver rose dramatically last week and is currently trading at $14.25 per ounce, as the dollar fell to its lowest this year on growing risk appetite. Investors have become cautious about pushing prices above a key resistance level that has ...
Crude Oil Expected to Rebound Today
July 30, 2009 10:28 am by Anton Eljwizatsize-full wp-image-4418" />Crude Oil prices dropped significantly yesterday and peaked at $63.27 per barrel. However, as I have demonstrated below, all oscillators on the 4-hour chart are giving bullish signals, indicating that oil prices might go up in the near ...
Gold Fever
May 11, 2009 9:14 am by Yan PettersFor those of you who chose to focus their investments on the commodities market, it seems that Gold could be the best choice in a long time. Recently, an ounce of gold is being traded for over $900. This only ...