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Commodities Index Ready To Break Out? Watch Australian Dollar!

In the commodity-currency correlation department, commodity bulls know that a strong Australian Dollar is a tailwind for commodities. Today, we look at both - The...
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Gold Futures Higher, Price Targets at $2050 and $2177

The CPI report came in inflation-hot and this is triggering a trading buy signal for gold as it heads higher. Gold is breaking out of...
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Is Copper Reversing Lower? Elliott Wave Peak Potential

With so much turbulence in the world right now, we wanted to highlight a bearish Elliott wave scenario for the copper market, which is...
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Gold or Rubles? A Pickle Worth Exploring

Financial sanctions weighing on Russia are sending up red flags around the globe. The seizing of Russian foreign reserves and eliminating access to SWIFT...
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Commodities ETF Forms Wedge Pattern, Big Move Coming?

Commodities came into March like a lion and went out like a lamb. Even so, the price of several commodities remains elevated and pressuring an...
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If Australian Dollar Breaks Out, Commodities May Scream Higher!

Over the past 11 years, the Australian Dollar has been in a downtrend. Today's chart highlights its falling channel marked by each (1). Could we...
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Is Crude Oil Creating Historic Bearish Price Reversal?

The Ides of March are in full effect. Investors have been rocked by war, inflation, and financial markets volatility. At the center of all of...
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Are Steel Prices On Cusp of a Major Breakout?

Over the past several months, we've shared a lot of commodities charts and highlighted the economic theme of inflation. Well, inflation is here. Now...
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U.S. Stock Market Indices Navigating Commodities Surge

The major stock market indices ended the trading week on a weak note with the Russell 2000 (IWM) and the Nasdaq 100 (QQQ) closing...
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Could Peak Oil Be Happening Right Now?

Crude oil prices (and everything else) started rising with COVID and supply chain issues. And now that we are adding sanctions on Russia and...

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