Tag: commodity traders
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Richard Roscelli Great Pacific Trading Company-Futures Market Outlook-June 14th, 2013
GREAT PACIFIC TRADING LAS VEGAS -ECONOMIC CALENDAR & MARKET OUTLOOK- June 13th-14th, 2013 You can reach me at rroscelli@gptc.com for questions, comments, and information about opening an account with Great Pacific Trading Las Vegas. Follow me on Twitter @richardroscelli **The information and opinions contained herein comes from sources believed to be reliable, but are…
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Forex: The week ahead.
The cable continues to retreat as expected. We still feel that 1.96 should prove to be strong near term support. We expect some kind of bounce once we reach the 1.96 handle. EUR/USD This pair has also been down trending and here to we expect support at 1.34 to hold in the near term. This…
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Cattle Traders Have (Trend) Lines Drawn in the Sand
June live cattle futures on the Chicago Mercantile Exchange have seen prices back way off from the early-March contract high of $99.82. Prices late last week hit a fresh two-month low of 91.95 cents. A downtrend line has formed on the daily bar chart for June live cattle futures, drawn off the contract high scored…