iamajeya

iamajeya

CAD and AUD are commodity currencies. I also threw in Copper just to track price of commodities. Gold would have skewed it as it's inverse to volatility. If you know a reliable index for Steel or Iron, then please feel free to let me know, I will love to add that. As we can see, the price of OIL was somehow artificially kept high even when real demand was not...

iamajeya

FCX had a 62% gain in the last 60 days or so. A retracement is overdue. It broke it's 10.25 resistance turned to support and it's trendline. Expecting 7.82 with possible intra-day swings to 7.50 round number given it's high volatility.

iamajeya

Loonie breaking trend on dollar strength and oil inventories. Possible upside with some profit taking at 1.3269 followed by second resistance at 1.354