Khairil_Anuar

Khairil_Anuar

Spot gold was up 0.3% at $2,350.59 per ounce, as of 0056 GMT. Bullion hit an all-time high of 2,431.29 on Friday. - U.S. gold futures fell 0.3% to $2,366.40 per ounce. - The first direct attack on Israel by arch foe Iran has shaken Israelis and left them fearful that a bigger war is looming. - Recent U.S. economic data on the labor market and inflation have...

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Chicago Board of Trade (CBOT) wheat futures declined for a second straight session on Tuesday after the U.S. Department of Agriculture (USDA) rated the winter crop at its highest early spring level in five years. -The market was also pressured by crop-boosting rains forecast for the southern U.S. Plains wheat belt and by limited U.S. export demand due to cheaper...

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Chicago Board of Trade corn futures dropped to a one-month low on Tuesday on forecasts for good spring planting weather in the U.S. Midwest that could potentially increase acres planted this spring. -Concerns about ample supplies and weak U.S. corn export demand added further pressure to prices after a media report said Chinese authorities were seeking to curb...

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Malaysian palm oil futures rose for the third straight session on Wednesday, due to a shortage after a slowdown in production during Ramadan, topped with hot weather over the past weeks. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange rose 84 ringgit, or 1.95%, to 4,396 ringgit ($926) a metric ton, by the midday...

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Chicago Board of Trade (CBOT) soybean futures dropped on Tuesday on technical selling and spillover support from lower corn and wheat. -CBOT May soybeans ended down 11-3/4 cents at $11.74 per bushel after touching the lowest level since March 8. -Selling accelerated as the benchmark contract broke through technical chart support at its 20- and 50-day moving...

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Chicago Board of Trade (CBOT) wheat futures rebounded on Wednesday after two sessions of losses as technical buying and short covering lifted the market. CBOT May soft red winter wheat ended 10-3/4 cents higher at $5.56 a bushel. The benchmark contract fell to a one-week low early in the session but found technical chart support at its 20-day moving...

Khairil_Anuar

The S&P 500 and Nasdaq closed higher on Wednesday after data showing the U.S. services industry growth slowed further in March, but the advance was limited after Federal Reserve Chair Jerome Powell indicated a cut in interest was still not in sight. Most of the major S&P 500 sectors advanced, led by gains in energy materials and communication services . Powell...

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Chicago Board of Trade corn futures fell on Monday as traders took profits after steep gains the prior session and as favorable U.S. weather was seen potentially increasing acres planted this spring with the feed grain. CBOT May corn settled 6-1/2 cents lower at $4.35-1/2 a bushel. The strongest rally in eight months last Thursday had lifted the benchmark...

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Crude prices edged up about 1% on Monday with U.S. futures closing at a five-month high, on expectations that economic growth in the U.S. and China will boost demand, while supplies tighten on OPEC+ output cuts and attacks on Russian refineries. Brent futures for June delivery settled at $87.42 a barrel on Monday, June's first day as the front month. That was up...

Khairil_Anuar Updated 

Chicago Board of Trade (CBOT) wheat futures fell on Monday as traders expected the U.S. Department of Agriculture (USDA) to report the strongest winter crop ratings in eight years in a weekly report due for release later in the day. Wheat futures were also pressured by large global stocks and limited U.S. export demand as rival suppliers are offering their...

Khairil_Anuar

Chicago Board of Trade soybean futures eased on Monday on good supplies, seasonally slowing U.S. export demand and spillover pressure from falling corn and wheat prices. -CBOT May soybeans settled down 5-3/4 cents at $11.85-3/4 per bushel. -CBOT May soymeal settled $4.30 lower at $333.40 per short ton, and May soyoil gained 0.29 cent to settle at 48.24 cents per...

Khairil_Anuar

Chicago Board of Trade wheat futures dropped on Tuesday amid technical selling and broad weakness in commodity and equity markets. We can expect that the price is going to make higher high in small timeframe and a short period of time. This is a low-risk trade with good Risk to Reward Ratio.

Khairil_Anuar

Chicago Board of Trade corn futures closed weaker on Tuesday and hit their lowest level since December 2020 on improving US crop conditions. Expecting that the price is going to make lower low in upcoming time and this trade is a low risk trade with good Risk to Reward Ratio.

Khairil_Anuar

Chicago Board of Trade soybean futures ended lower on Tuesday after the U.S. government increased its crop condition rating more than expected. I am expecting that the price will go higher in short period of time based on the uprising channel formation.

Khairil_Anuar

Gold prices stalled on Wednesday, a day after breaching the key $1,900 support level for the first time in 1-1/2 months as U.S. Treasury yields were boosted on expectations the Federal Reserve is not yet finished with its rapid monetary tightening cycle. I am expecting the price is going higher in a short period.

Khairil_Anuar

My view on CL will be more on bearish bias as the trend is downtrend and the chart are doing lower low. This is a good opportunnity to short.

Khairil_Anuar

My view and analysis for CBOT DJIA5 today is bearish and this is because the price constantly doing lower low and keep breaking the supports in low timeframe.

Khairil_Anuar

This is my analysis and prediction for the upcoming week ahead. The chart looked bearish on mid-term while still in a bullish mood in the bigger picture. The support zone will be tested and for now it is time to go short.