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  • Technical Analysis - Commodity, Brazil, Euro and Dollar Index

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    Adam Smith Associates
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    Adam Smith Associates Pvt Ltd is one of India's leading Trade Finance Company, performing business of arranging trade finance and providing consultancy, advisory, structuring and management services relating to trade finance transactions. One of its main expertise is in commodity trade finance. Adam Smith Associates work hand in hand with Indian and International corporations and banks to manage complex trade finance structures. Its corporate office is located in New Delhi - the capital of India, while one of the branch is at Indore. Internationally its affiliates are based in Singapore, Dubai, Hong Kong, Tokyo and Nigeria.

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    Technical Analysis - Commodity, Brazil, Euro And Dollar Index

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    Adam Smith Associates Pvt Ltd is one of India's leading Trade Finance Company, performing business of arranging trade finance and providing consultancy, advisory, structuring and management services relating to trade finance transactions. One of its main expertise is in commodity trade finance. Adam Smith Associates work hand in hand with Indian and International corporations and banks to manage complex trade finance structures. Its corporate office is located in New Delhi - the capital of India, while one of the branch is at Indore. Internationally its affiliates are based in Singapore, Dubai, Hong Kong, Tokyo and Nigeria.

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    11 views22 pages

    Technical Analysis - Commodity, Brazil, Euro and Dollar Index

    Uploaded by

    Adam Smith Associates
    Adam Smith Associates Pvt Ltd is one of India's leading Trade Finance Company, performing business of arranging trade finance and providing consultancy, advisory, structuring and management services relating to trade finance transactions. One of its main expertise is in commodity trade finance. Adam Smith Associates work hand in hand with Indian and International corporations and banks to manage complex trade finance structures. Its corporate office is located in New Delhi - the capital of India, while one of the branch is at Indore. Internationally its affiliates are based in Singapore, Dubai, Hong Kong, Tokyo and Nigeria.

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    of 22

    Adam Smith Associates

    Pvt. Ltd.
    A Global Trade Finance Company

    www.adamsmith.tv

    http://adamsmithassociates.blogspot.in/

    https://adamsmithassociates.tumblr.com/
    Technical Analysis - Commodity, Brazil, Euro And
    Dollar Index
    Adam Smith Associates Blog | July 15, 2017

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - SOY BEAN NCDEX
    Adam Smith Associates Blog | July 15, 2017

    Soy bean prices formed an expanding triangle near the 61.8% mark.
    Last time I wrote that a bounce can occur because of the triangle but
    as shown why not a bottom? Possible Wave Y is over. Either another X
    wave up retracing the Y or the start of a major impulse. The trend
    should be up as long as we are above 2650. Breakout of the triangle
    above 3035 to go to 3286.

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - SOY BEAN NCDEX
    Adam Smith Associates Blog | July 15, 2017

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - COPPER MCX
    Adam Smith Associates Blog | July 15, 2017

    Copper Closed the week down. Now 365 is the next support. Halting
    near retracements it is still possible that copper is within a larger
    corrective structure. The recent rally is not certainly impulsive.
    So if 365 breaks wee can see it go back to test the 353 low [below
    2.62$ to 2.48$].

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - COPPER MCX
    Adam Smith Associates Blog | July 15, 2017

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - ZINC MCX
    Adam Smith Associates Blog | July 15, 2017

    Base metals are showing a near term correction after Lead, Aluminium
    and Zinc look like completing near term 5 wave rallies. The indication
    therefore is of a positive trend ahead but after a pause correction or
    retracement. The size of a pullback is hard to say.

    For Zinc below the 20dma at 173 is the immediate support. 167 is
    the 61.8% retracement mark.

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - ZINC MCX
    Adam Smith Associates Blog | July 15, 2017

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - CRUDE
    Adam Smith Associates Blog | July 15, 2017

    Crude has fallen in 3 waves so far to 66% retracement. If the low of


    43.65 is not broken we can start wave c up to 49.10 or higher.

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - CRUDE
    Adam Smith Associates Blog | July 15, 2017

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - SILVER MCX
    Adam Smith Associates Blog | July 15, 2017

    Reccent data from CFTC shows that bulls that were record long at the
    highs on Silver have given back almost all of their long positions.
    With sentiment at just 9% bullish we are at the fag end of the decline
    in gold and silver. The chart shows the falling channel for the price, that
    I published a while back. At yesterdays low we came close to the line
    and we may test it one last time in wave z down. The channel is at
    35000. The RSI is also entering the oversold sub-30 range.

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - SILVER MCX
    Adam Smith Associates Blog | July 15, 2017

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - CORN CBT
    Adam Smith Associates Blog | July 15, 2017

    Corn Prices surged with the rest of the Agro prices on the
    international markets. Corn hit a new high as it starts a larger degree
    3rd wave up. Wave 3 up points to 460 just based on 3=1. That is a
    normal non extended wave over 12 months.

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    COMMODITY - CORN CBT
    Adam Smith Associates Blog | July 15, 2017

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    BRAZIL
    Adam Smith Associates Blog | July 15, 2017

    Wave 5 ended in FEB. We are now in the third leg, wave Y, which is a
    3 wave decline marked as A-B-C and wave B mostly completed at the
    upper Bollinger band in a small 5 wave advance [wave c of B], so wave
    C down can go to 56000-55800 if C=A

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    BRAZIL
    Adam Smith Associates Blog | July 15, 2017

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    EURO
    Adam Smith Associates Blog | July 15, 2017

    The Euro This morning on the hourly chart shows a clear 5 wave decline
    in wave A, and a bounce back which is mostly B. 38.2% at 1.138 or
    61.8% at 1.14 may be achieved in wave B after which wave C can
    drop to 1.125 or as far as 1.11. The 5 wave decline should mean that
    the 5 wave rise from the April low is complete and being corrected.
    The first pull back in a larger up trend.

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    EURO
    Adam Smith Associates Blog | July 15, 2017

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    DOLLAR INDEX
    Adam Smith Associates Blog | July 15, 2017

    Wave 4 up in the dollar is still not complete. This especially as the


    Euro bullish sentiment reached a multi year record of nearly 93%.
    This reading needs to cool off more and the dollar should at least
    move up in wave c of 4 before we see the decline resume.
    95.225 was the recent low and till it holds this is the view.

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    DOLLAR INDEX
    Adam Smith Associates Blog | July 15, 2017

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv


    Disclaimer
    Adam Smith Associates Blog | July 15, 2017

    We empower our clients by providing values added services that benefits them with
    the right knowledge and boosts their business decision on Domestic and International Trade.

    To provide the best, we tie up with leading technical analysts in India to offer latest
    Relevant updates on currencies, commodities, domestic and internal stock and commodity
    indices and special reports on internal treasury, crude and many other related subject to
    enable your decision making.

    While the intention of this blog is to offer this wholistic view to our website visitors
    and clients, the information contained on blog is for general information purposes only.
    dam Smith Associates assumes no responsibility for errors or omissions in the
    blog contents.

    http://adamsmithassociates.blogspot.in/ https://adamsmithassociates.tumblr.com/

    A Global Trade Finance Company | www.adamsmith.tv | info@adamsmith.tv

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