Commodities
Crude once again near 200 Week Moving avergage with bearish negative divergence on daily charts Source: www.marketcalls.in
Charts of USD Dollar Index shows a Basic 5 wave elliot corrective structure ending with strong Positive momentum Divergence which is clearly visible...
Just a simple chart to look out. Crude Weekly Chart shows that it is facing a massive Resistance near 200 Week Moving...
Still now FII's are pumping money inside india due to the depreciation of the the USD Index. Thought not much fundamental improvement visible...
USD Index can be consider one of the benchamark for measuring FII Inflows. In shorter words declining USD Index will attract FII inflows...
Chart shows the current trend for Crude, Gold , Silver, Nifty, Dow, Nikkei, Shangai (SSEC), Infosys ADR and Satyam ADR, USD Index with Slope...
Crude is trading above $55 levels which is a bullish breakout levels as mentioned in my last post Quick Update on Crude...
CMP : $52.47 Weekly charts of Crude Oil shows that crude is trading in a tight range between 52-55 levels. History shows...
Crude shows a bullish crossover 13 EMA>34 EMA and 13 EMA>55 EMA And Targeted towards $60 in short term with support $47...
Crude Trading near $43/Barrel achieves deadly low of $35.13/Barrel on October 23rd. Since then it is stuggling to move above $50 mark....
Gold / Oil ratio refers to how much crude oil can be bought with one ounce of Gold. With gold at $840 per ounce...
Chart shown here is the US dollar Weekly index chart. From the charts it is clearly witnessed that dollar may test 200day...
