Commodities

Thai baht

What does the DeMarker suggest for the Thai Baht?

The US dollar/ Thai baht (USDTHB) has been rallying to the bullish side. Hawkish Fed policy has remained the key source of dollar strength, but one may still wonder if the trend will continue for the USDBHT or if it...
ASX 200

ASX 200 drills lower thanks to commodity stocks

Australia’s main share index, the ASX 200, closed lower on Wednesday by 0.5%. This fall could have been a lot worse If not for technology and financial stocks mitigating the rout in other major Australian sectors. Australian Securities Exchange’s Metals...
sugar futures nt

How does the surge in sugar futures affect Coca-Cola’s profit?

The price of sugar, a key global commodity, has surged 17% since the beginning of January 2021. Sugar is used in food, beverage, and in biofuel production, and its importance in global trade gives it a strong position in the...
crude oil

Crude oil analysis points to bullish turnaround

Crude oil experienced a significant drop in price over the past two weeks. This week, however, it appears the energy commodity is bouncing back to the bullish side. The fall in the price of oil since May was triggered by...
Australian dollar

Economic view of the Australian dollar

As fears that a recession is just around the corner for the US, some economists are warning that Australia could follow suit. Some, however, remain bullish on the Australian economy due to high household savings, strong commodity exports, accommodative government...
price of Silver nt

Weekly and daily technical analysis for the price of silver

Why was there such a sharp decline in the price of silver in the second half of April and into May? And where could it potentially move next? And where could it potentially move next? After taking out last year’s...
AUDCAD

AUDCAD; battle of the commodity currencies

The AUDCAD pair has had an interesting year so far, with plenty of volatility. A bearish January was followed by a 600 pip rise during February and March. Then, in April, a 400 pip sell off completely reversed the trend....
Gold technical analysis shows possible upside

Gold technical analysis shows possible upside

Not too long ago we saw XAUUSD break strongly below a bullish trendline on the daily chart. Since then, we've seen some consolidation. Could this have been a fake out to shake long holders out of their positions? The last...
crude oil

WTI and Brent crude oil break out of swing zone

In case you forgot, crude oil prices are still at astronomical prices. As of writing, WTI futures are trading at $114 per barrel, while Brent crude futures are trading at $117 per barrel. Over Thursday trading, both assets loaded more...
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