Currently viewing the tag: "Technical Analysis"

Morning Grains 5/22/15

On May 22, 2015 - 11:13 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 117,382 lots, or 5.07 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-15 4,225 4,280 4,184 4,279 4,229 4,257 28 22 20 Sep-15 4,295 4,328 4,275 4,295 4,295 4,305 10 100,330 140,030 Nov-15 – – – 4,369 4,359 [...]

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Morning Softs 5/22/15

On May 22, 2015 - 9:59 AM By

COTTON General Comments: Futures closed lower after failing to penetrate the highs of Wednesday. The US economic news was positive, but export sales were just solid and not super strong. Short term trends have turned down as the US crop gets planted. However, planting progress will be slow as rains are expected to return to [...]

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Ultra Bears missed out on the biggest string of gains in the history of the oil market, or at least since 1983 when they  began keeping records. The reason they missed out was failing to understand the gravity that the last November oil price crash had on the fundamentals of this market. That price crash [...]

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Morning Grains 5/21/15

On May 21, 2015 - 10:20 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 117,382 lots, or 5.07 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-15 4,225 4,280 4,184 4,279 4,229 4,257 28 22 20 Sep-15 4,295 4,328 4,275 4,295 4,295 4,305 10 100,330 140,030 Nov-15 – – – 4,369 4,359 [...]

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Morning Softs 5/21/15

On May 21, 2015 - 10:00 AM By

COTTON General Comments: Futures closed little changed after trading both sides of unchanged. The US economic news was positive, but the US Dollar was higher and hurt export demand ideas. Short term trends have turned down as the US crop gets planted. However, planting progress will be slow as rains are expected to return to [...]

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In the overnight electronic session the July Corn is currently trading at 361 ¾ which is 1 ¾ of a cent higher. The trading range has been 363 ¼ to 359 ¾ so far. The market seems to be in short covering mode as we head into the Memorial Day weekend. With the dollar coming [...]

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Now it seems that we may have some better insight as to why ECB official, Benoît Coeuré, is talking about front loading its quantitative easing (QE) program. It is because growth in the Euro Zone is weakening. The early onset of QE and QE expectations gave the Euro-zone economy a much need boost, especially in [...]

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PRICE Links Video Series Access commentaries by the industry’s top market analysts straight from the floor of the CME Group. Hosted by PRICE Futures Group’s Senior Analyst Phil Flynn. Memorial Day Barbecue Outlook! With Jack Scoville PRICE Futures Group’s Senior Analyst Phil Flynn discusses the meats, grains and softs markets with Sr. Analyst Jack Scoville, [...]

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Morning Grains 5/20/15

On May 20, 2015 - 10:52 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 159,098 lots, or 6.85 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-15 4,240 4,278 4,170 4,170 4,274 4,229 -45 6 8 Sep-15 4,320 4,329 4,270 4,295 4,342 4,295 -47 139,968 147,242 Nov-15 4,361 4,365 4,353 4,353 4,383 [...]

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Morning Softs 5/20/15

On May 20, 2015 - 10:07 AM By

COTTON General Comments: Futures closed lower on follow through speculative selling. The US economic news was positive, but the US Dollar was sharply higher and hurt export demand ideas. Short term trends have turned down as the US crop gets planted. Ideas are that yields can be good this year as more tan enough rain [...]

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In the overnight electronic session the July Corn is currently trading at 361 ¼ which is ¾ of a cent lower. The trading range has been 362 ½ to 360 ¼ so far. The ECB announcement to front-load the bond buying program which sent the greenback sharply higher which is bad for exports and the [...]

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While oil prices got hit hard after the ECB changed to rules on their Quantitative Easing (QE) program, the market is coming back on signs that the U.S. oil surplus could be abating. The American Petroleum Institute in the for subscribers only report showed that U.S. crude supply fell by a much more than expected [...]

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