Commodity Prices — May 16th 2012
Commodity prices for May 16th 2012.
Silver Trading Down Near 2011 Low
Silver has been persistently bearish. Commodity prices, gold and silver have all been in a downtrend as the USD surges in the risk aversion environment in May. The moving averages are in bearish orientation, and the RSI is below 30. This means th
USD/CAD Breaks Key Resistance Opening Up the 1.30 Handle
Join the Market Intelligence Briefings to get fundamental analysis, technical setups, trade plan assessments for Oil, USD/CAD, and other currency pairs. Fan Yang CMT is a trader, analyst, educator and Chief Technical Strategist for FXTimes - provider ...
Crude Oil Inventories Report Today - 16/05
Oil inventory data will be released at 10:30 and if the number exceeds the consensus estimate calling for an increase of 3.7 million barrels, crude futures will almost certainly incur more downside.
Gold & Silver – Daily Outlook May 16
Gold and silver prices continued their downward trend during yesterday’s trading despite the slightly positive news of the higher than expected growth rate of Germany’s GDP in the Q1 2012 (a growth rate of 0.5%); the news of the new elections in
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Silver Forecast May 16, 2012, Technical Analysis
The silver markets fell hard on Tuesday as the rout in this market continues. All semblance of support has given way, and it looks as if this market will continue to be beaten up as the US dollar is favored currently.The breakdown below the $
Gold Fundamental Analysis May 16, 2012, Forecast
Analysis and Recommendations:Gold is trading at 1557.35 drifting lower below to fall as low $1550 an ounce, as the Euro sinks sharply against the US dollar. Ongoing political chaos in Greece raised concerns that the crisis will spill over to
Silver Fundamental Analysis May 16, 2012, Forecast
Analysis and Recommendations:Silver continued to track gold and the metals group falling to trade at 28.110. Base metals in LME were moving mostly steady to negative. Concerns over slowing growth in China and political uncertainty in Greece dra
Crude Oil Fundamental Analysis May 16, 2012, Forecast
Analysis and Recommendations:Crude Oil is trading at 94.53 down 0.25 in today’s session. U.S. crude prices dropped towards $94 a barrel on Tuesday, pressured by concerns that Europe would slip into a worse-than-expected recession. NYMEX crude
Crude Oil Update, Copper Update, Gold Silver Tips, Mentha O
MCX Copper is bearish condition. Copper buy position with trading 424- 426 and copper down 419 to apply selling position. Natural gas is consolidate today strategy buy position, resistance 136-138 and support 131-128. BUY MENTHA OIL MAY ABOVE 1
crude oil prices forecast may 16 2012
how will impact european debt crisis on oil prices : Oil dropped for a fourth day in New York after U.S. crude stockpiles


