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Futures Commentary and Analysis
Lower prices are ahead in my opinion |
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COTTON General Comments: US futures were sharply lower in reaction to net export sales cancellations for the old crop and much weaker tan expected sales for the new crop. The reports yesterday showed everyone that the world Cotton demand is Rather fragile right now. US growing conditions have... |
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Corn buyers are becoming concerned about what will happen when corn is harvested. |
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Market aficionados have been using simple price patterns not only to forecast profitable trading opportunities, |
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USDCAD is turning bullish again after recent pullback to 1.3050 where pair found a support today and turned sharply up |
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This morning’s employment data was as expected to slightly weaker than expected. |
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I do not believe that anyone in the grain markets will look back at the first week of August 2015 with any particular fondness, but at least could be regarded as the week that the thrashing of the longs subsided. While it may only be the result of exhaustion, lets face it, it is hard work... |
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Nice guys media