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FxWirePro: Daily Commodity Tracker - 8th April, 2020

Daily Commodity Tracker (12:00 GMT)

WTI (US OIL):
Major trend - Strongly bearish; Minor trend - Neutral
Oscillators: Neutral (bias higher)
Bollinger Bands: Shrinking on the daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 25.27/ 24.12

GOLD (XAU/USD):
Major trend - Turning slightly bullish; Minor trend - Bullish
Oscillators: At overbought
Bollinger Bands: Volatility remains high, rising
Intraday High/Low: 1655.536/ 1641.474

SILVER (XAG/USD):
Major trend - Turning neutral; Minor trend - Bullish
Oscillators: At overbought
Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 15.14/ 14.86

COPPER (XCU/USD):
Major trend - Strongly bearish; Minor trend - Bullish
Oscillators: Neutral (Bias higher)
Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly charts
Intraday High/Low: 2.286/ 2.241
 

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