Video

Kim Cramer Larsson
Areas covered in this webinar by Saxo Bank technical analyst Kim Cramer Larsson include EURUSD, USDJPY, GBPUSD, EURGBP, gold, silver, S&P 500, the Nasdaq, the Dax, the FTSE and the Dow Jones.
Squawk / 29 April 2014 at 14:34 GMT
Head of Commodity Strategy / Saxo Bank
Denmark
Mixed day for commodities with geopolitics and US weather concerns supporting crude and crops while sugar and coffee at the bottom continue to correct lower.
As i wrote earlier today the energy market is currently caught up between the outlook for increased supplies from Libya and rising US inventories on one hand and the Ukraine crisis on the other. Today focus on the latter has taken both crude oil higher by 1 percent as additional sanctions against Russia and new unrest in East Ukraine has attracted most of the attention.
Soybeans and corn both trading higher with the bull spreads between old and new crop widening on both as old crop prices receives most of the attention.
Gold remain rangebound and is back to 1300 USD/oz after finding support at 1287 earlier today. Just like oil the precious metals are torn between focusing on upcoming US data/events and geopolitics.
5y
Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
Brent Crude (June '14) has merely taken back half of the losses seen in the previous two sessions and has moved back to within a whisker of the High Volume Node at 109.40. I must say I was surprised to see it get above 108.81 so we'll see if this move is sustained.
5y
Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
WTI (June '14) has got back to resistance at 102.04 and again I wouldnt be surprised to see the sellers returning at these levels.
5y
Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
Corn (July '14) looks interesting though. Testing a big Fibonacci level at 518.6. The recent high from april 9th is 524.2 so that's another important resistance just above. Once through here we'll be at levels not seen since last August.
5y
fxtime fxtime
No surprise with Arabica really...as mentioned last week it was at an all time high IV !
5y
buttar buttar
Hi Clive,
Your view on WTI at 100.25....???
5y
buttar buttar
please guide me.....
5y
Olivier Francoeur Olivier Francoeur
Arabica all time high? Where? I think youve got a long way to go b4 all time high, lol!
5y
fxtime fxtime
I meant the IV as all time high ....but I can see what you mean :-)
Sadly I only have medium term IV data.

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