Kumaresan Selvaraj pillai


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Sunday, March 17, 2013

Commodity Blog

Commodity Blog


USDA Forecast Bearish for Wheat in Near Term

Posted: 16 Mar 2013 11:45 AM PDT

Some agricultural commodities were feeling downside pressure recently and wheat was among the losers. The Wheat Outlook, released by the US Department of Agriculture, suggested that the grain will continue to remain in a bearish trading environment. The USDA estimated that both US supply and demand was unchanged in February from a month ago. On an annual basis, output increased by 168 million bushels, while domestic consumption grew 218 million bushels. Such [...]

Technical Analysis, March 18th — March 22nd, 2013

Posted: 16 Mar 2013 02:23 AM PDT

The technical analysis, that includes the indicators' data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of March 16th, 2013: Indicators Moving Averages RSI Parabolic SAR CCI Oil Short Neutral Long Long Gold Short Neutral Short Long Silver Short Neutral Long Neutral Copper Short Neutral Long Neutral Floor Pivot Points 3rd Sup 2nd Sup 1st [...]

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