What are Forex Commodities?
Commodities in the Forex market are natural products that have a direct economic impact as they support many production processes. We divide them into agricultural raw materials (e.g. coffee, cocoa, sugar or cotton), metals (e.g. gold, silver, copper, platinum) and energy raw materials (crude oil or natural gas).
The price of Commodities is influenced by many factors. The most important are:
inflation
macroeconomic events, e.g. B. Changes in Interest Rates
political events, e.g. B. military interventions
increased demand or supply in the market for a particular commodity
the change in the value of the US dollar, which has a direct impact on the price of Commodities
Weather conditions - for agricultural Commodities
When we trade commodities in the Forex market, we are not buying them physically, we are only investing in the CFD contracts.
Here is the latest technical analysis from active traders for popular forex commodities. You can copy them, use them as a trading signal, or just compare them to your own analysis.