Commodities Report

Market Movements Report Time: 29-Nov-2018 06:11 EST
Symbol Latest Price Daily Change
EURUSD 1.135  0.31%
USDJPY 113.35  0.06%
GBPUSD 1.276  0.6%
USDCHF 0.996  0.41%
Dow 25,368.93  0.01%
Nasdaq 6,914.79  0%
S&P 500 2,744  0.01%
FTSE 7,052  0.01%
Market Reports are generated 3 times per day before the open of Tokyo, London and New York. These reports provide you with a snapshot of the technical outlook of the markets before the opening of the major financial centres.

Market movements show change in price from the same report 24 hours earlier.
Supporting RSI and Moving Averages are 34 candles
TP: Last Turning Point – used to identify Support (SL) and Resistance (RL) Levels

Coffee
10-Oct-07:00 -> 28-Nov-20:00
Target Level: 121.7000
SL: (A) 109.7000 Last TP of Channel Down
RL: (B) 121.7000 Last TP of Channel Down
Target Period: 3 days
Interval 4 hour
Pattern Channel Down
Length 62 Candles
Identified 28-Nov-08:00
Channel Down identified at 28-Nov-08:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 121.7000 within the next 3 days.
Wheat
01-Nov-03:00 -> 29-Nov-08:00
Target Level: 516.7500
SL: (A) 505.2500 Last TP of Triangle
RL: (B) 516.7500 Last TP of Triangle
Target Period: 2 days
Interval 4 hour
Pattern Triangle
Length 50 Candles
Identified 28-Nov-12:00
Triangle identified at 28-Nov-12:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 516.7500 within the next 2 days.
Supported by Upward sloping Moving Average
Corn
01-Nov-04:00 -> 29-Nov-06:00
Target Level: 1516.0000
SL: (A) 1516.0000 Last TP of Channel Down
RL: (B) 1578.0000 Last TP of Channel Down
Target Period: 17 hours
Interval 1 hour
Pattern Channel Down
Length 113 Candles
Identified 28-Nov-10:00
Channel Down identified at 28-Nov-10:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1516.0000 within the next 17 hours.
Supported by RSI above 60
Soybean Meal
07-Nov-08:00 -> 29-Nov-08:00
Target Level: 312.9079
SL: (A) 303.0000 Last TP of Channel Down
RL: (B) 311.9000 Last TP of Channel Down
Target Period: 19 hours
Interval 4 hour
Pattern Channel Down
Length 31 Candles
Identified 28-Nov-12:00
Channel Down has broken through the resistance line at 28-Nov-12:00. Possible bullish price movement forecast for the next 19 hours towards 312.9079.
Supported by Upward sloping Moving Average
Soybean Oil
28-Oct-23:00 -> 29-Nov-08:00
Target Level: 28.2021
SL: (A) 27.1800 Last TP of Channel Down
RL: (B) 28.0300 Last TP of Channel Down
Target Period: 3 days
Interval 4 hour
Pattern Channel Down
Length 66 Candles
Identified 28-Nov-16:00
Channel Down has broken through the resistance line at 28-Nov-16:00. Possible bullish price movement forecast for the next 3 days towards 28.2021.
Supported by Upward sloping Moving Average
Silver
08-Nov-04:00 -> 29-Nov-08:00
Target Level: 14.4360
Target Period: 2 days
Interval 4 hour
Pattern Resistance
Length 50 Candles
Identified 28-Nov-16:00
Approaching Resistance level of 14.4360 identified at 28-Nov-16:00
Supported by Upward sloping Moving Average
Platinum
23-Nov-06:30 -> 29-Nov-06:00
Target Level: 816.6000
SL: (A) 816.6000 Last TP of Channel Down
RL: (B) 832.5000 Last TP of Channel Down
Target Period: 19 hours
Interval 30 Minutes
Pattern Channel Down
Length 127 Candles
Identified 29-Nov-04:00
Channel Down identified at 29-Nov-04:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 816.6000 within the next 19 hours.
Supported by Downward sloping Moving Average
Natural Gas 30-Oct-23:00 -> 29-Nov-00:00
Target Period: 18 hours
Interval Daily
Pattern Consecutive Candles
Length 4 Candles
Identified 28-Nov-00:00
Natural Gas experienced 4 consecutive bullish candles. Possible bearish price movement to follow.

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