Tag: commodities

Gold, wheat, corn and many others are commodities that are crucial in our world. Our team closely watches this financial category and always brings the best analysis to our readers.
XAG/USD statistical and technical analysis
XAG
-0.14%

XAG/USD statistical and technical analysis

The current price of XAG/USD - Silver Spot US Dollar is 25.90 (April 30, 2021). This commodity has been trading sideways in recent weeks, after rebounding from an important level in early April. Let us therefore look at statistical and technical analyzes.
XPT/USD statistical and technical analysis
XPT
0.64%

XPT/USD statistical and technical analysis

The current price of XPT/USD – Platinum Spot US Dollar is 1 229.50 (April 23, 2021). This commodity has a good appreciation over the last year compared to other precious metals. The price development has also been much better in recent months. Let us therefore look now at statistical and technical analyzes.
XPD/USD statistical and technical analysis
XPD
-0.78%

XPD/USD statistical and technical analysis

The current price of XPD/USD - Palladium Spot US Dollar is 2 777.5 (April 16, 2021). This commodity is currently heading for the overall highs reached before the outbreak of the COVID-19 pandemic. Price momentum is also high in recent weeks, so let’s now look at statistical and technical analyzes.
Crude Oil (WTI) statistical and technical analysis
WTIOIL
-2.02%

Crude Oil (WTI) statistical and technical analysis

The current price of Crude Oil (WTI) is 59.32 (April 09, 2021). This commodity has recently traded sideways in an important area. We see a completely different situation in this market compared to the same time last year, when the market price fell to the lowest level ever. Let’s now look at statistical and technical analyzes.
XAU/USD statistical and technical analysis
XAU
0.48%

XAU/USD statistical and technical analysis

The current price of XAU/USD - Gold Spot US Dollar is 1 729 (April 02, 2021). This commodity is currently traded in an important area. There are other fundamental factors and uncertainties in global financial markets that could affect the price of gold. Let’s look at statistical and technical analyzes.
XCU/USD statistical and technical analysis
XCU
-1.34%

XCU/USD statistical and technical analysis

The current price of XCU/USD - Copper Spot US Dollar is 4.0785 (March 26, 2021). This commodity is currently trading close to an important psychological level. Such a high price was here even after the GFC. Therefore, we will look at statistical and technical analyzes.
Gold – The bottom could be behind us
XAU
0.48%

Gold – The bottom could be behind us

In February, we saw a significant drop in gold price on the stock exchange. The most crucial factor that caused this decline was the growth of yields on the bond market. The relationship is simple, as yields on US government bonds rise, precious metals, even the stock market, tend to weaken. On the contrary, if long-term bond yields fall again, we can expect growth in precious metals. It is not the only factor, but the key one.
Which 3 oils are traded the most?
WTIOIL
-2.02%

Which 3 oils are traded the most?

More than 170 different oils are traded on the market, but in this article we will focus on the three major oils that usually attract the most attention, both in the news and in the markets around the world.

What is a Moving Average (MA) indicator?

Moving averages (MA) are one of the most versatile and most used indicators in the whole field of technical analysis because, thanks to the construction method of the indicator, moving averages are very easy both to test and adapt.

Where to draw support and resistance levels on a chart?

Support and resistance levels are widely used in technical analysis to find prices at which the instrument is considered either overbought or oversold resulting in potential change of trend.