myregister

Euro exchange rate against the US dollar in the last week managed to rebound on a weekly basis after two weeks previously experienced a selling pressure. The rebound came at the end of last week's trading took place on the momentum of the US dollar and profit taking also the release of positive economic data. Last week EURUSD slumped badly in the second day to its lowest in 14 years to respond to the latest data release of US Q3 GDP which rose significantly from the previous quarter and natural peiode pressure of the projected increase in Fed interest rates in 2017 of 3 times. The positive sentiment that contribute rebounds for EURUSD comes from the Ifo release consumer sentiment data for the German economy. The Ifo survey report, consumers are still optimistic about the country's economy along with the news of the accident that killed 12 people and suspected terror attack. For movements of trading today up to the last session on New York session , it seems that analysts estimated that EURUSD will be bearish and may have the support level at 1.0367 and 1.0342 while resistance at 1.0670 and then 1.0875.

Australian Dollar exchange rate against the US dollar last week returned a large natural attenuation continued pressure by the previous trading sentiment in addition to crude oil price movements. Because last week the price of crude oil is precisely the natural rebound of movement last week. The drop in the aussie dollar last week received the negative sentiment on the US dollar gains momentum when the US GDP Q3 reportedly exceeded expectations, so the pair is getting plunged into the worst position since January. There was also strong pressure drop in the price of iron ore by the end of last week's trading. AUDUSD dropped were significant enough since this pair fall down about 1.7 percent to 0.7175 after the start of the week it opened at 1.7285. For the movement of trading this week, analysts suggests that this pair may reached the support level at 0.7149 and 0.7313.

British pound exchange rate movements against the US dollar along the third week of December 2016 continue to weaken by the pressure on earlier session. And the end of trading last week fell to its lowest level since trading in October. The drop last week received because of the negative sentiment where US dollar gains momentum when the US GDP Q3 reportedly exceeded expectations, so the pair were depressed for 3 consecutive weeks in November and had advanced further fall in bearish positions. GBPUSD plummeted were significant enough since this one fall down 1 percent to 1.2482 opened at 1.2487. For the movement of trading today, many analysts suggested that this pair may have the support level at 1.2137 and 1.1963 while resistance at 1.2583 and then 1.2690.

Yen exchange rate movements against the US dollar throughout the session managed to rebound last week after the previous 6 weeks depressed quite strongly by the strengthening US dollar. Power rebounding of yen gained most from dollar weakness sentiment so strong depressed USDJPY. The drop in USDJPY last week received negative sentiment from the pressure of profit-taking by sentiment Christmas holiday which makes the market a lot of dollars removing large enough. Besides the pressure pair also obtained from BOJ monetary policy unchanged at the end of the fixed interest rate. But the pair got a little wind immediate expectations of BOJ to raise rate of inflation below the target of 2 percent. For the movement of trading this week, many analysts sentiment for this pair said that the support level for USDJPY pair may reached at 115.42 and if able to break it then will fall to 114.10 while resistance at 118.60 and then 119.70

The price of CPO in Malaysia commodity exchanges in trading Thursday afternoon (22/12) was observed to fall. A weaker CPO prices this afternoon triggered weakening of crude oil in the Asian trading session. Crude oil prices slipped on Asia trade on Thursday (22/12), dragged down by an unexpected rise in US crude inventories last week and Libyan efforts to increase production over the next few months. But the price has also been dogged by a weaker US dollar and optimism that crude oil producers will adhere to an agreement to limit production to prop up the market. CPO price most active contract on the commodity exchanges Malaysia today seems to weaken by0.83 percent and traded at 3,088 ringgit per tonne. So analysts estimated that the price movement of CPO futures at the next trade will pay attention to the movement of crude oil prices. Price movements can also be affected by currency movements Ringgit and the global supply and demand conditions.

The movement of the exchange rate that had the British pound rebounded against the US dollar until the beginning of the European session, trimmed very strong by selling pressure against his rival in EURGBP. As a result, the movement of GBPUSD pair retreat back towards the weakening of 5-week low amid lack of sentiment of local data. GBPUSD pair rebounded on Asian session to get energy from the release of UK consumer confidence data according to the GfK survey showed an increase in the data from the previous period although generally still disappointed the market. For information, EURGBP rally European session reached its highest level in two weeks. Pound exchange rate movements in the European session US dollar, after opening lower at 1.2352. Analysts see that GBPUSD will continue to fall towards support range between 1.2324-1.2307, and if it does not penetrate these ranges, the potential to rise back to the resistance range at 1.2385- 1.2414 is open.

The movement of the exchange rate that had the British pound rebounded against the US dollar until the beginning of the European session, trimmed very strong by selling pressure against his rival in EURGBP. As a result, the movement of GBPUSD pair retreat back towards the weakening of 5-week low amid lack of sentiment of local data. GBPUSD pair rebounded on Asian session to get energy from the release of UK consumer confidence data according to the GfK survey showed an increase in the data from the previous period although generally still disappointed the market. For information, EURGBP rally European session reached its highest level in two weeks. Pound exchange rate movements in the European session US dollar, after opening lower at 1.2352. Analysts see that GBPUSD will continue to fall towards support range between 1.2324-1.2307, and if it does not penetrate these ranges, the potential to rise back to the resistance range at 1.2385- 1.2414 is open.

Natural rubber prices Tocom futures trading on Thursday afternoon (22/12) ended down. The weakening of rubber prices eroded Tocom drop in crude prices. Crude oil prices slipped because dragged down by an unexpected rise in US crude inventories last week and Libyan efforts to increase production over the next few months. But the price has also been dogged by a weaker US dollar and optimism that crude oil producers will adhere to an agreement to limit production to prop up the market. In today's trading, the price ended in May 2017 fell by 2.30 percent, to 264.8 yen per kilogram, down from its previous close on 271 yen per kilogram. Many analysts estimates that the price movement on the Tocom rubber futures trading next session will weaken the potential weakening of crude oil that can push prices Tocom rubber. But also need to be observed Yen movements that can affect the price of rubber Tocom.

The price of Tin fell on Thursday, with falling prices depressed weaker Wall Street overnight. US stocks ended down at the end of trading on Thursday morning (22/12), pressured crude oil weakness and poor performance of the real estate sector, while the Dow failed to break the level at 20,000. The price of tin in Malaysia commodity exchanges ended down today. The industrial metals prices traded at 20,900 dollars per tonne, a decrease around 0.24 percent from its previous close at 20,950. Tonight will be released US Q3 GDP data indicated increased. If realized, it will strengthen the US dollar. Many analysts estimated that Tin price movements at the next trade will move if the weak US dollar rose realized. Price will face the support level at 20,700 dollars and 20,500 dollars.

The price of sugar futures on ICE Futures exchange on Thursday morning ended weak triggered a decrease in Chinese sugar imports. China, the world's largest sugar consumer, imported 140,000 tons of sugar in November, customs data show on Wednesday, down 48 percent from last year, due to tight supply and higher prices. Sugar futures for the most active contract is a contract in March 2017 observed decline. The price of sugar futures have closed the most active dipped by -0.05 cents or equal to 0.27 percent at 18.20 cents per pound. Tonight will be released US Q3 GDP data indicated increased. If realized, it will strengthen the US dollar. Many analysts estimated that the price movements of raw sugar futures in New York at the next trade will weaken the US dollar strengthening. Prices of raw sugar futures on ICE Futures US in New York has the potential to test the support level at 17.70 cents and 17.20 cents

Cocoa futures at the end of trading on Thursday morning closed up. Strengthening cocoa prices triggered by the weakening US dollar. US Dollar retreat from the peak position of 14 years overnight profit taking depressed. A weakening US dollar makes dollar-based commodities cocoa becomes cheaper in other currencies. At the end of trading early this morning the price of cocoa futures contract closed with a record increase was observed. The commodity price closed up $ 23 dollars or 1.02 percent at 2,279 dollars per ton. Many analysts estimate that the price of cocoa futures for the next trade will weaken the US dollar strengthening. For the next trading price of cocoa futures on ICE Futures US in New York has the potential to penetrate the support level at 2,230 dollar.

Although US government reported the performance of the property sector is on the rise with the release of existing home sales data is impressive, movement of the USDJPY pair rose only moment during the NY session after finally trimmed. USDJPY weakening sentiment triggered by the Christmas holidays which makes the market attractive dollar. For the fundamental strength of the Japanese yen against the dollar is still weak, because the new government is planning an increase in economic growth in 2017. While the US dollar is already receiving strong force of rising interest rates the US Federal Reserve last week and planned to rise further in 2017 as many as three times. For the next movement until the evening session, USDJPY pair can go back receiving the positive sentiment from the final data release Q3 2016 US GDP. In the Asian session there is no local economic data that drives the Japanese yen. For the movement of the pair until the end of the evening session trading has the potential to rise, so USDJPY will rise to resistance range from 117.91 to 118.22.

At the end of trading on Thursday morning, Rotterdam coal price closed up triggered by the weakening US dollar. US Dollar retreat from the peak position of 14 years overnight profit taking depressed. The weakening US dollar makes the price of coal sold rotterdam denominated in dollars become cheaper, so the demand is increasing. Rotterdam coal price for the most active contract on January 2017 ended up at 83.05 dollars per ton. The commodity price increased by 0.79% compared to the previous closing. Tonight will be released US Q3 GDP data indicated increased. If realized, it will strengthen the US dollar. So analysts said that coal futures price at the next trade potentially weak with the strengthening US dollar. The price of coal futures potentially test support level at 82.50 dollars and 82.00 dollars.

The price of arabica coffee futures on ICE Futures exchange at the close of New York trading on Thursday morning (15/12) finished up. Arabica coffee price increases supported the weakening of the US Dollar. US Dollar retreat from the peak position of 14 years overnight profit taking depressed. The weakening US dollar makes the price of arabica coffee is sold in US dollars become cheaper, so the demand is increasing. Arabica coffee futures prices for the most-active contract closed up in March 2017 at 1.4455 dollars, up by 0.70 cents, or equivalent to 0.49 percent. Analysts estimated that the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade potentially weak with the strengthening US dollar. The price of Arabica coffee futures on ICE Futures US in New York the potential to test the support level at 1.4150 dollars and 1.3850 dollars.

Gold price movements on Asia session after being opened weak move higher at 1131.53 in early trading, now the price of this commodity is still rolling at 1130.06 and facing its strong resistance. Gold prices tried to rebound early by the momentum of the retreat of US dollar against many of its main rivals, but still not strong due to the Christmas holiday sentiments that make markets still hold position and await further directives on US GDP data tonight. Technically, gold prices continue to fall toward the support range between 1130.34-1119.24. But if it does not penetrate the range of S1 will rise to the resistance range between 1133.82 - 1137.38. So XAUUSD is expected to have the support level at 1119.24 and resistance level at 1141.68.

As the exchange of commodities, the Australian dollar got a very strong selling pressure amid weak US dollar against many of its main rivals in overnight trading (21/12). As has been reported previously, weakening commodity exchange was triggered by the drop in world crude oil prices after US crude supply report. But trading on Asia session on Thursday Australian Dollar opened lower back positive move by the rebound in crude oil prices ignored the negative sentiment earlier trading. Besides the US dollar is also a natural selling pressure against opponents. For the next trade until the evening session is expected to be a correction back by the release of US GDP data Q3-2016. Australian dollar exchange rate movements is moving strongly against the US dollar, after opening lower at 0.7237. For subsequent trade to the American trading session this evening, AUDUSD pair will be trimmed to the suppor range between 0.7223-0.7190

Ending the American session forex trading Wednesday a few hours ago (22/12), US dollar is sluggish since previous session by a very large profit taking against some rivals. Ahead of the Christmas holidays and important announcements economic growth data such large countries tend to release dollar market. Fundamentally, US dollar is still strong after last week received the great power of a Fed rate hike by 25 bp and a projected increase further in 2017 as many as three times. So that the retreat happens to the dollar tends Technical let alone economic data releases overnight ie data showed existing home sales figures are quite encouraging US economy. Observed only strong US dollar against sterling exchange rate and the exchange rate due to poor fundamentals of commodities by the currency. Against commodity exchange (aussie, loonie, kiwi dollar), the dollar strengthened due to the drop in crude oil prices since the data US crude supplies increased. The dollar index, which measures the strength of the US dollar against six major currencies at the end of the American trading session (21/12) tumbled 0.27% and were in position 103.04, after reaching the highest position at 103.38.

EURUSD rally still continues on EU session on Thursday (22/12) in addition to the driving force of several such minor German import data, ECB Bulletin and Italian retail sales. Previous power derived from the euro rally sustained dollar selling by sentiment Christmas holiday and the new year. The minor mover conquer the market to buy euro more, especially in the ECB bulletin indicating that QE ECB may change the time and amount. Data imported German and Italian retail sales data show that exceeds expectations. But in the American session wary of US Q3 GDP data that can only correct if the pair rate shows the data fairly. European is moving strongly against US dollar, after opening higher at 1.0424 .For further trade until the close of trading ending the American session tomorrow morning, analysts think EURUSD pair is technically, will drop to the support range between 1.0416 - 1.0356 if the pair rally did not get through the support range between 1.0460-1.0478.

Crude oil prices slipped Thursday dragged down by an unexpected rise in US crude inventories last week and Libyan efforts to increase production over the next few months. But the price has also been dogged by a weaker US dollar and optimism that crude oil producers will adhere to an agreement to limit production to prop up the market. US crude oil futures price of West Texas Intermediate fell 5 cents to $ 52.44 a barrel, after closing the previous session down 81 cents. Prices rose to $ 52.71 a barrel in early trading on Thursday. The price of Brent crude oil futures for February delivery fell 4 cents to $ 54.42 a barrel at 0642 GMT, having earlier finished 89 cents lower. Prices rose to $ 54.69 a barrel earlier in the session on Thursday. US crude oil inventories posted a surprise increase last week, rising 2.3 million barrels compared with an expected decline of 2.5 million barrels, the US Energy Information Administration said Wednesday. Libya's National Oil Corporation (NOC) said it hopes to add 270,000 barrels per day (bpd) to national production after confirmed on Tuesday that the pipelines leading from Sharara and El Feel field has reopened. NOC says Sharara production reached 58,000 barrels per day on Wednesday. Crude oil prices could potentially move to the weak global oversupply concerns. But the weak dollar sentiment can be a supporter of the price increase. Crude oil prices are expected to move in a range Support between $ 51.90 and $ 51.40.

The price of tin in Malaysia Stock Exchange fell in trading Tuesday afternoon (20/12). A weaker tin prices supported the increase in the US dollar overnight. US Dollar Index gained 0.18 percent against a basket of currencies overnight. Strengthening of the US dollar makes the price of tin is sold in US dollars become more expensive, so demand decreases. The price of tin on the commodity exchanges observed a weakening Malaysia today. The industrial metals prices traded at 20,950 dollars per ton, down $ 220 dollars, or 1.0 percent from its previous close at 21 170. Political conditions such as the murder Russian Ambassador in Turkey, the action of the truck that hit the mass market christmas in Berlin, Germany, and the US-China political tension, strengthen the safe-haven currency and potentially depress the US dollar. Analysts estimate that Malaysian tin price movement in trading the potential to strengthen further limited by the weaker US dollar. Price will face the resistance level at 21.150 dollars and 21.350 dollars. But if there is a decrease, the price of tin will face a support level at 20,750 dollars and 20 550 dollars.

Entering the early Asia session US dollar opened slightly higher from the end of the previous trading moves only toward consolidation with the strengthening exchange rate of the British pound and the Japanese yen. Observed this morning trading weaker against the euro exchange rate, swissfranc, Australian dollar and Canadian dollar. Euro and swissfranc rate rose as a safe haven after the incident alleged terrorist attack in Germany which led to 50 people were injured and nine people were killed. While the aussie rose by a jump in crude oil prices in early trading. Dollar weakness against many rivals also got a negative contribution of the decline in US bond yields to trade US session overnight earlier this week. But the strengthening of the dollar at the end of trading last night triggered Janet Yellen hawkish statement about the labor market and rising wage growth. For the next trade until the American session no data adds a powerful driving force of US dollar rate. The dollar index, which measures the strength of the US dollar against six major currencies in European trading session traded at 103.13, after in early trading opened at 103.13 and closed in the end of trading at 103.12.

Gold price movements on Asian session this pair's price moving strongly after being opened lower at 1137.99 in early trading (0000 GMT), now the price of gold is still rolling at 1138.62. The price of gold early on Asian session tried to continue the rally that has lasted for two days straight by the momentum of the retreat of US dollar against many of its main rivals. Triggers rise in gold prices was also triggered by the collapse in US bond yields so as to make the market more hunting for safe-haven assets. Technically, the gold price rose continuously strive towards the resistance range between 1141.14-1145.31. So the analyst suggests that the normal range XAUUSD pair today is expected to have the support level at 1125.82 and resistance level at 1147.74.

At the end of trading Tuesday morning , Rotterdam coal price dropped ends. Coal prices have eroded by the strengthening US dollar fell. The US Dollar Index gained 0.18 percent against a basket of currencies. The increase in the US dollar makes the price of US dollar denominated coal Rotterdam to be expensive so the demand is getting stronger. Political conditions such as the murder Russian Ambassador in Turkey, the action of the truck that hit the mass market natal Berlin, Germany, and the US-China political tension, strengthen the safe-haven currency and potentially depress the US dollar. Rotterdam coal price futures for the most active contract is a contract in December 2016 sank at 81.80 dollars per ton. Commodity prices decreased by 0.25 dollars or equivalent to 0.30 percent compared to the previous closing. Analysts estimated that coal futures price movements Rotterdam at the next trade is projected to rise by US dollar weakness. The price of coal futures could potentially test the resistance level at 82.30 dollars and the next resistance is at 82.80 dollars.

ICE arabica coffee prices rose in late trading Tuesday morning (20/12), triggered the strengthening of the Brazilian currency, the Real. At the close of trading yesterday the Brazilian Real currency strengthened against the US dollar. USDBRL rate fell 0.82 percent at 3.3635. The strengthening of the Brazilian Real is the bullish sentiment for commodity prices denominated in US dollar, making exports less attractive in the local currency. Brazil is the world's top producer of coffee. Arabica coffee futures prices at the close of trading early this morning has strengthened. It rose by 1.80 dollars or equivalent to 1.26 percent and closed at 1.4425 dollars per pound. Analysts estimate that the price of arabica coffee futures to a subsequent trade with a positive potential by dollar weakness. The price of Arabica coffee futures on ICE Futures US in New York has the potential to test the resistance level at 1.4700 dollar and 1.5000 dollars.

The movement of the EURUSD pair could move rebound in Asian trade on Tuesday (20/12) cut in the European session despite positive sentiment is very strong supporter of the pace pair when the release of economic data showed an increase in the data from the previous period. Some data released this afternoon as current account Euro and German PPI data showed an increase exceeding earlier expectations. Strengthening pair in the Asian session supported by safe-haven trade action after adverse events in Berlin that killed 12 people and 50 people injured. For the next trade until the close of trading ending the American session tomorrow morning, analysts viewed as technically EURUSD pair will drop to the support range 1.0370 - 1.0335. And if there is a correction of positive and rising, the pair drove in the resistance range of 1.0423-1.0482.