Commodities Report

Market Movements Report Time: 04-Dec-2018 01:11 EST
Symbol Latest Price Daily Change
EURUSD 1.138  0.03%
USDJPY 113.133  0.03%
GBPUSD 1.274  0.08%
USDCHF 0.996  0.05%
Dow 25,826.09  0%
Nasdaq 7,051.74  0%
S&P 500 2,790.48  0%
FTSE 7,041  0.17%
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

Crude Oil
27-Nov-21:00 -> 04-Dec-01:00
Target Level: 53.8400
SL: (A) 52.0600 Last TP of Rising Wedge
RL: (B) 53.8400 Last TP of Rising Wedge
Target Period: 7 hours
Interval 1 hour
Pattern Rising Wedge
Length 47 Candles
Identified 03-Dec-16:00
Rising Wedge identified at 03-Dec-16:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 53.8400 within the next 7 hours.
Supported by Upward sloping Moving Average
Coffee
19-Nov-13:00 -> 03-Dec-14:00
Target Level: 107.3500
SL: (A) 107.3500 Last TP of Falling Wedge
RL: (B) 110.8500 Last TP of Falling Wedge
Target Period: 15 hours
Interval 1 hour
Pattern Falling Wedge
Length 51 Candles
Identified 03-Dec-13:00
Falling Wedge identified at 03-Dec-13:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 107.3500 within the next 15 hours.
Supported by Downward sloping Moving Average
Wheat
12-Nov-08:00 -> 03-Dec-13:00
Target Level: 353.8000
SL: (A) 343.9000 Last TP of Rising Wedge
RL: (B) 353.8000 Last TP of Rising Wedge
Target Period: 22 hours
Interval 1 hour
Pattern Rising Wedge
Length 96 Candles
Identified 03-Dec-04:00
Rising Wedge identified at 03-Dec-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 353.8000 within the next 22 hours.
Supported by Upward sloping Moving Average
Corn
15-Nov-11:00 -> 03-Dec-11:45
Target Level: 1591.0000
Target Period: 17 hours
Interval 15 Minutes
Pattern Resistance
Length 269 Candles
Identified 03-Dec-11:30
Approaching Resistance level of 1591.0000 identified at 03-Dec-11:30
Orange Juice
26-Oct-10:00 -> 03-Dec-14:00
Target Level: 138.0000
SL: (A) 138.0000 Last TP of Rising Wedge
RL: (B) 144.9000 Last TP of Rising Wedge
Target Period: 2 days
Interval 30 Minutes
Pattern Rising Wedge
Length 238 Candles
Identified 03-Dec-09:00
Rising Wedge identified at 03-Dec-09:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 138.0000 within the next 2 days.
Supported by RSI above 60
Copper
26-Nov-09:00 -> 04-Dec-01:00
Target Level: 2.8580
SL: (A) 2.7875 Last TP of Channel Up
RL: (B) 2.8580 Last TP of Channel Up
Target Period: 2 days
Interval 30 Minutes
Pattern Channel Up
Length 201 Candles
Identified 03-Dec-22:30
Channel Up identified at 03-Dec-22:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 2.8580 within the next 2 days.
Silver
19-Nov-05:00 -> 04-Dec-01:00
Target Level: 14.5620
Target Period: 2 days
Interval 1 hour
Pattern Resistance
Length 197 Candles
Identified 04-Dec-00:00
Approaching Resistance level of 14.5620 identified at 04-Dec-00:00
Supported by RSI below 40
Platinum
12-Nov-04:00 -> 04-Dec-04:00
Target Level: 799.2000
SL: (A) 799.2000 Last TP of Falling Wedge
RL: (B) 814.8000 Last TP of Falling Wedge
Target Period: 3 days
Interval 4 hour
Pattern Falling Wedge
Length 57 Candles
Identified 03-Dec-20:00
Falling Wedge identified at 03-Dec-20:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 799.2000 within the next 3 days.
Supported by Downward sloping Moving Average
Natural Gas
12-Nov-20:00 -> 04-Dec-04:00
Target Level: 4.7760
SL: (A) 4.2430 Last TP of Triangle
RL: (B) 4.7760 Last TP of Triangle
Target Period: 3 days
Interval 4 hour
Pattern Triangle
Length 54 Candles
Identified 04-Dec-00:00
Triangle identified at 04-Dec-00:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 4.7760 within the next 3 days.

signals

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