In the commodity markets, there are two forms of analysis: Fundamental Analysis and Technical Analysis. The former studies the economic equation of the demand and supply of the commodity while the latter demystifies the charts and decodes the various chart patterns and behaviours using various
Oil has hit the ground running. Crude oil has observed a remarkable run so far in 2021 with March the only bearish month in an otherwise bullish year. The spot price of crude oil traded at $48.40 per barrel at the beginning of the year.
We are at the heart of a bullish run in the commodities market. Precious metals, base metals, energy products and agro-commodities have all but surged ahead in the wake of renewed optimism amidst the re-opening of numerous economies after lockdowns and prohibitory orders. Crude oil
Oil-the super commodity in the financial markets is embracing an interesting phase with most developed economies observing recovery trends from the pandemic. With one eye on trade economics and the other on supply equation, crude oil has resurfaced from the lows of last year at
Copper was languishing at this time of the year in 2020. The price had slumped to $1.9628 per pound when the pandemic escalated and nations announced lockdowns and other preventive measures. Fast forward to April 2021 and copper has emerged as one of the bullish
Acknowledging and recognising a supercycle is no mean feat especially given the scenario of the world today. For commodities, a supercycle can be explained as an extended period of enhanced demand for a wide spectrum of commodities leading to a surge in prices eventually followed
The official word is out. Oil markets have pressed the accelerator on the bullish ride and have now attained pre-pandemic levels. Turning back to the conundrum of 2020 and the bearish ride of oil, the idea of a return to some normalcy seemed inconceivable as
2020 will be etched in the pages of history as the year in which the dreaded Corona virus took center stage and rocked our lives to a considerable degree. The financial markets bore the brunt of the pandemic with the stock markets slumping during March
The oil market was in doldrums since March 2020 with the Covid 19 pandemic causing havoc across the globe. After an appreciable 2019, prices nosedived to reach a mindboggling $6.54 per barrel at the peak of the pandemic as nations announced lockdowns with rise in
In a financial world surrounded by ambiguity and conundrum, traders turn their focus towards the safe haven instruments. These instruments present the traders safe haven trades during periods of panic and volatility. Traditionally, the safe-haven assets are meant to drive protection from the losses incurring