Commodities Report

Crude Oil
02-Nov-11:00 -> 21-Nov-08:00
Target Level: 57.4100
SL: (A) 52.7800 Last TP of Channel Down
RL: (B) 57.4100 Last TP of Channel Down
Target Period: 3 days
Interval 4 hour
Pattern Channel Down
Length 41 Candles
Identified 21-Nov-04:00
Channel Down identified at 21-Nov-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 57.4100 within the next 3 days.
Coffee
31-Oct-06:00 -> 21-Nov-06:00
Target Level: 111.2000
SL: (A) 111.2000 Last TP of Channel Down
RL: (B) 116.9000 Last TP of Channel Down
Target Period: 2 days
Interval 1 hour
Pattern Channel Down
Length 102 Candles
Identified 21-Nov-05:00
Channel Down identified at 21-Nov-05:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 111.2000 within the next 2 days.
Supported by Downward sloping Moving Average
Wheat
13-Nov-07:00 -> 21-Nov-06:00
Target Level: 513.2500
Target Period: 11 hours
Interval 1 hour
Pattern Resistance
Length 68 Candles
Identified 21-Nov-01:00
Broke through Resistance level of 508.7500 at 21-Nov-01:00
Supported by Upward sloping Moving Average
Corn
08-Oct-07:00 -> 20-Nov-16:00
Target Level: 1566.0000
SL: (A) 1566.0000 Last TP of Channel Down
RL: (B) 1618.0000 Last TP of Channel Down
Target Period: 14 hours
Interval 4 hour
Pattern Channel Down
Length 30 Candles
Identified 20-Nov-08:00
Channel Down identified at 20-Nov-08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1566.0000 within the next 14 hours.
Supported by Downward sloping Moving Average
Soybean Meal
19-Oct-11:00 -> 21-Nov-08:00
Target Level: 303.8000
SL: (A) 303.8000 Last TP of Triangle
RL: (B) 312.9000 Last TP of Triangle
Target Period: 2 days
Interval 4 hour
Pattern Triangle
Length 65 Candles
Identified 19-Nov-12:00
Triangle identified at 19-Nov-12:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 303.8000 within the next 2 days.
Soybean Oil
08-Nov-02:00 -> 21-Nov-06:00
Target Level: 27.7600
Target Period: 2 days
Interval 1 hour
Pattern Resistance
Length 127 Candles
Identified 21-Nov-04:00
Approaching Resistance level of 27.7600 identified at 21-Nov-04:00
Supported by Upward sloping Moving Average
Copper
05-Nov-04:00 -> 21-Nov-08:00
Target Level: 2.8460
SL: (A) 2.7400 Last TP of Channel Up
RL: (B) 2.8460 Last TP of Channel Up
Target Period: 2 days
Interval 4 hour
Pattern Channel Up
Length 37 Candles
Identified 21-Nov-04:00
Channel Up identified at 21-Nov-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 2.8460 within the next 2 days.
Supported by Upward sloping Moving Average
Gold
18-Nov-21:30 -> 21-Nov-06:00
Target Level: 1219.6000
SL: (A) 1219.6000 Last TP of Falling Wedge
RL: (B) 1225.4600 Last TP of Falling Wedge
Target Period: 11 hours
Interval 30 Minutes
Pattern Falling Wedge
Length 71 Candles
Identified 21-Nov-06:00
Falling Wedge identified at 21-Nov-06:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1219.6000 within the next 11 hours.
Platinum
04-Nov-23:00 -> 21-Nov-06:00
Target Level: 858.1000
SL: (A) 840.8000 Last TP of Triangle
RL: (B) 858.1000 Last TP of Triangle
Target Period: 3 days
Interval 1 hour
Pattern Triangle
Length 221 Candles
Identified 21-Nov-00:00
Triangle identified at 21-Nov-00:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 858.1000 within the next 3 days.
Supported by Upward sloping Moving Average
Natural Gas
06-Nov-08:00 -> 21-Nov-08:00
Target Level: 5.0860
SL: (A) 4.2740 Last TP of Triangle
RL: (B) 4.7790 Last TP of Triangle
Target Period: 2 days
Interval 4 hour
Pattern Triangle
Length 30 Candles
Identified 21-Nov-04:00
Triangle has broken through the resistance line at 21-Nov-04:00. Possible bullish price movement forecast for the next 2 days towards 5.0860.
Supported by Upward sloping Moving Average

Leave a Reply