Author: Jim Wyckoff

The March Euro currency closed up 24 points at 1.3390 yesterday. Prices closed near mid-range yesterday in quieter trading. The bulls have faded a bit recently but still have the overall near-term technical advantage. Prices are...

* LATEST MARKET DEVELOPMENTS * In overnight news, Most Asian markets were closed Monday for the Lunar New Year celebration. China is on holiday all week for the Lunar New Year. That may limit buying interest in the gold and...

March U.S. Treasury bond futures (US H3) prices this week hit a fresh contract low. Bond market bears still have the overall near-term technical advantage as a 2.5-month-old downtrend is in place on the daily bar chart. It...

* LATEST MARKET DEVELOPMENTS * In overnight news, China issued a fresh batch of much-anticipated economic data Friday. China’s trade surplus came in higher than expected, at $29.2 billion in January. Forecasts were for a...

March U.S. T-Bonds closed up 2/32 at 143 19/32 yesterday. Prices closed near mid-range yesterday on tepid short covering in a bear market. T-Bond bears have the solid overall near-term technical advantage. The next downside...

* LATEST MARKET DEVELOPMENTS * In overnight news, European stocks were supported by a stronger-than-expected 0.3% rise in German industrial output in December. The Bank of England kept its monetary policy unchanged following its...

March sugar closed down 33 points at 18.23 cents yesterday. Prices closed nearer the session low again yesterday and hit a fresh two-week low. The sugar bears have the solid overall near-term technical advantage. Prices are...

* LATEST MARKET DEVELOPMENTS * In overnight news, German manufacturing orders were reported up 0.8% in December, which was better than expected and hints the European Union’s largest economy has turned the corner toward...

April live cattle closed up $0.02 at $132.30 yesterday. Prices closed near mid-range yesterday. Cattle market bulls and bears are back on a level near-term technical playing field. However, a bull flag pattern has formed on the...