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FxWirePro: Daily Commodity Tracker - 24th March, 2020

Tuesday, March 24, 2020 12:39 PM UTC

Daily Commodity Tracker (12:30 GMT)

WTI (US OIL):
Major and minor trend - Strongly bearish
Oscillators: Oversold (no sign of reversal)
Bollinger Bands: Widening on Daily, Weekly and Monthly charts
Intraday High/Low: 25.14/ 23.74

GOLD (XAU/USD):
Major trend - Turning bullish; Minor trend - Bullish
Oscillators: Neutral (biased higher)
Bollinger Bands: Flat, volatility high
Intraday High/Low: 1611.371/ 1552.933

SILVER (XAG/USD):
Major trend - Bearish; Minor trend - Neutral
Oscillators: Oversold (On verge of rollover into neutral)
Bollinger Bands: Widening on Weekly and Monthly charts
Intraday High/Low: 14.2562/ 13.1748

COPPER (XCU/USD):
Major - Strongly bearish; Minor trend - Neutral
Oscillators: Oversold (On verge of rollover into neutral)
Bollinger Bands: Widening on Daily, Weekly and Monthly charts
Intraday High/Low: 2.186/ 2.082

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FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

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FxWirePro: Daily Commodity Tracker - 24th March, 2020

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