Commodities Analysis 25 May 2011
|
|
|
|
|
|
Daily Commodities Technical Analysis report discussing Support and Resistance Levels and Indicators such as Stochastics and the RSI for major commodities markets such as Crude Oil, Gold, Silver, Natural Gas and Coffee.
Supplied and sponsored by PipTrade.
Today’s Technical Analysis:
|
Commodities Analysis - 25 May 2011
Gold Technical Analysis
Gold closed higher on Tuesday as it extended the trading range of the past three weeks. The mid-range close sets the stage for a steady-to-higher opening on Wednesday. Stochastics and the RSI are bullish signalling that sideways-to-higher prices are possible near-term. Closes above the reaction high crossing are needed to confirm an upside breakout of the aforementioned trading range. If it renews this month's decline, the 50% retracement level of this year's rally crossing is the next downside target.
Silver Technical Analysis
Silver closed higher on Tuesday and above the 10-day moving average crossing signalling that a short-term low is in or is near. The high-range close set the stage for a steady-to-higher opening on Wednesday. Stochastics and the RSI are turning bullish signalling that sideways-to-higher prices are possible near-term. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If it renews this month's decline, the 87% retracement level of this year's rally crossing is the next downside target.
Crude Oil Technical Analysis
Crude Oil closed higher on Tuesday as it extends the trading range of the past three weeks. The high-range close sets the stage for a steady-to-higher opening on Wednesday. Stochastics and the RSI remain neutral-to-bearish signalling that sideways trading is possible near-term. If it renews this month's decline, the 38% retracement level of the 2009-2011-rally crossing is the next downside target. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted.
Natural Gas Technical Analysis
Natural Gas closed slightly lower on Tuesday as it consolidated some of the rally off last Friday's low. The high-range close sets the stage for a steady-to-higher opening on Wednesday. Stochastics and the RSI are turning bullish signalling that a short-term low might be in or is near. Multiple closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If it renews this month's decline, April's low crossing is the next downside target.
Coffee Technical Analysis
Coffee closed lower on Tuesday and the low-range close sets the stage for a steady-to-lower opening on Wednesday. Stochastics and the RSI are oversold but remain neutral-to-bearish signalling that sideways-to-lower prices are possible near-term. If it extends the aforementioned decline, April's low crossing is the next downside target.
Further Commodities Market Commentary and Data
Spread Trading and CFDs carry a high level of risk and you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
The contents of this report are for information purposes only.
It is not intended as a recommendation to trade.
Neither CleanFinancial.com nor PipTrade accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
Financial Spreads » "With FinancialSpreads.com you get all the advantages of Spread Betting as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read
Financial Spreads review.
|
Spread Trading and CFDs carry a high level of risk and you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
Article approved/supplied by PipTrade which is a trading name Henyep Capital Markets (UK) Limited which is authorised and regulated by the Financial Services Authority. Register No: 186171.
'Commodities Analysis 25 May 2011' edited by PipTrade, updated 25-May-11
Related Articles:
Commodities Market Analysis, updated 10-May-13
Daily Commodities Technical Analysis report discussing Support and Resistance Levels and Indicators such as Stochastics and the RSI for major commodities markets such as Crude Oil, Gold, Silver, Coffee and...read article: Commodities Market Analysis.
Commodity Spread Betting Technical Analysis: Analysis for Natural Gas, Oil, Gold, updated 17-Apr-13
Daily Gas Technical Analysis - Commodity Spread Betting Technical Analysis: Analysis for Natural Gas, Oil, Gold and...read article: Commodity Spread Betting Technical Analysis: Analysis for Natural Gas, Oil, Gold.
Commodity Financial Spread Betting Market Analysis for Coffee, Crude Oil, Natural Gas, updated 16-Apr-13
Daily Commodities Technical Analysis - Commodity Financial Spread Betting Market Analysis for Coffee, Crude Oil, Natural Gas and...read article: Commodity Financial Spread Betting Market Analysis for Coffee, Crude Oil, Natural Gas.
Commodities Technical Analysis: Analysis for Natural Gas, Coffee, Crude Oil, updated 15-Apr-13
Daily Oil Market Analysis - Commodities Technical Analysis: Analysis for Natural Gas, Coffee, Crude Oil and...read article: Commodities Technical Analysis: Analysis for Natural Gas, Coffee, Crude Oil.
Commodities Spread Trading Market Analysis: Technical Review for Silver, Oil, Coffee, updated 12-Apr-13
Commodities Technical Market Analysis - Commodities Spread Trading Market Analysis: Technical Review for Silver, Oil, Coffee and...read article: Commodities Spread Trading Market Analysis: Technical Review for Silver, Oil, Coffee.
Daily Commodities Trading Analysis with Gold, Gas, Coffee, updated 11-Apr-13
Commodities Technical Analysis - Daily Commodities Trading Analysis with Gold, Gas, Coffee and...read article: Daily Commodities Trading Analysis with Gold, Gas, Coffee.
Daily Commodities Spread Betting Market Analysis on Natural Gas, Coffee, Oil, updated 10-Apr-13
Crude Oil Technical Market Analysis - Daily Commodities Spread Betting Market Analysis on Natural Gas, Coffee, Oil and...read article: Daily Commodities Spread Betting Market Analysis on Natural Gas, Coffee, Oil.
Daily Commodity Analysis for Coffee, Oil, Silver, updated 09-Apr-13
Daily Natural Gas Trading Analysis - Daily Commodity Analysis for Coffee, Oil, Silver and...read article: Daily Commodity Analysis for Coffee, Oil, Silver.
Commodities Spread Trading Analysis: Technical Review of Gold, Silver, Crude Oil, updated 08-Apr-13
Gold Technical Analysis - Commodities Spread Trading Analysis: Technical Review of Gold, Silver, Crude Oil and...read article: Commodities Spread Trading Analysis: Technical Review of Gold, Silver, Crude Oil.
Commodity Trading Analysis Covering Oil, Silver, Coffee, updated 05-Apr-13
Daily Oil Technical Market Analysis - Commodity Trading Analysis Covering Oil, Silver, Coffee and...read article: Commodity Trading Analysis Covering Oil, Silver, Coffee.
First Page << 1 2 3 4 5 6 7 8 9 10 11 12 >> Last Page
Commodities Analysis Index - an Index of Daily Commodities Analysis articles covering Trends, Supports and Resistance Levels for some of the major commodities markets including Crude Oil, Natural Gas, Gold, Silver and Coffee.
|
|
Q) Average Trading Results?
A) Get free trading tips, offers, price updates, important news and more!
|
|