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myregister

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  1. The price of tin in Malaysia Stock Exchange rose on Friday afternoon (18/11). The increase in the price of tin supported the positive sentiment on Wall Street and a strengthening of Europe. US stocks end higher in the end of trade on Friday morning (18/11), placing the main index close to all-time highs, supported by positive economic data and hawkish Chairman of the Federal Reserve Chairman Janet Yellen statements on US rate hike. The price of tin on Malaysia commodity exchanges observed a rise today. The industrial metals prices traded at 20,100 dollars per tonne, up by 50 dollars, or 0.2 percent from its previous close at 20 050. Tin price movements at the next trade will weaken limited to the potential strengthening of the US dollar. Price will face support level at 19,900 dollars and 19,700 dollars. But if there is an increase, the price of tin will face resistance level at 20,300 dollars and 20,500 dollars.
  2. Natural rubber prices traded on Friday afternoon (18/11) and fell down. The weakening of rubber prices eroded by a drop in crude prices. Crude oil prices fell in Asian trade Friday afternoon (18/11) stressed the strengthening US dollar beat expectations OPEC production cut deal. The weakening in crude oil prices make synthetic rubber production costs become cheaper. The impact demand for commodities like natural rubber is traded on Tocom decreased. In today's trading, the price of rubber futures dipped by 1.70 percent, to 209.5 yen per kilogram, down from its previous close on 213 , 1 yen per kilogram. Tocom rubber futures price movements in the next session trading potentially weakening 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. Rubber futures exchange will test the support level at 204.00 yen and 199.00 yen.
  3. Gold price movements of the Asian session (01:35:35 GMT / 8:35 pm) is sluggish after opening lower at 1216.24 in early trading (0000 GMT), now the price of gold is still rolling at 1207.10 waiting for the next movement. Gold prices on Asian session is difficult to rebound again after Janet Yellen's speech a few hours ago that made the US dollar is very strong fundamentals. And the whole day was minimal moving data stronger dollar but there are a few speeches Fed officials are expected hawkish. Technically, gold prices will fell towards the range between 1203.94-1197.08 and may fall deeper if able to break that range at 1192.00. So It seems that this commodity price may expected to have the support level at 1191.68 and resistance level at 1333.05.
  4. The price of sugar futures on the commodity exchange ICE Futures US in New York early on Friday (18/11) ends depressed by the strengthening US dollar. US dollar on Thursday rose to a new high of 13.5 years against a basket of major currencies after the statement by Federal Reserve Chairman Janet Yellen. The dollar index, which measures the greenback against a group of six currencies, was last up 0.46 percent at 100.87. A stronger dollar makes dollar-denominated commodities sugar becomes more expensive in other currencies, so the demand decreases. At the close of trading early this morning the price of sugar futures for the most active contract is a contract in March 2017 observed decline. The price of sugar futures have closed down by 0.69 percent at 20.22 cents per pound. Analyst estimates that the price movements of raw sugar futures in New York at the next trade will weaken limited to the potential strengthening of the US dollar. It said the price may test support level at 19.70 cents and 19.20 cents. While the level of resistance to be tested if the price increase is at 20.70 cents and 21.20 cents per pound.
  5. The movement of USDJPY pair based on Asian session (02:20:25 GMT / 9:20 pm) moving strongly after the price openedg higher at 110.13 in early trading, and now the pair is moving at 110.59. Japanese Yen on Asian session again depressed by the strong fundamentals US dollar after the hawkish speech Janet Yellen that amplify signals Fed rate hikes. Yen on the previous trading has been depressed by the BOJ plans to buy government bonds is not limited to Japan. Technically, the USDJPY is moving up towards the range between 110.88-111.66, but if it is failed will may descend towards the range 109.70 to 109.02. So Analyst argued that the normal range on the USDJPY pair is estimated to have the support level at 107.71 and the resistance level at 111.65.
  6. Euro exchange rate movements on Asian session was a negative move against the US dollar after opening lower at 1.0624 in early trading (0000 GMT), and the Euro exchange rate is now rolling on the position of 1.0603. Euro once again pressure by a stronger dollar sentiment after hawkish comments before the US Congress Janet Yellen, the Fed rate hike can not be postponed again. The comments had previously been supported by solid economic indicators that support. Momentum driving the euro today there are data that should not drive a powerful yet EURUSD pair can change direction if the President of the ECB provides hawkish comments. Technically, EURUSD moved down towards the range between 1.0580-1.0516 and a break-up to the range 1.0460. If failed the backup scenario is the pair will rise towards the range of 1.0640-1.0695. Analyst argued that EURUSD pair is estimated to have the support level at 1.0460 and the resistance level at 1.0822.
  7. Pound exchange rate movements on Asian session is still negative move against the US dollar after opening lower at 1.2413 in early trading (0000 GMT), the pound exchange rate is now fall about 24 pips and the pair is rolling at 1.2389. Pound based on Asian session is still depressed continuing pressures that plagued which make GBPUSD pair weakened entered in 5 consecutive days. The positive economic data releases last few days less raised pair, today there is no economic data released just one which may lift GBP which is BOE Speech. Technically GBPUSD will descend towards the range of 1.2375-1.2332 and if the pair failed will be further down to 1.2298. And if there is a correction between the range described above, pair may rise to the range of 1.2435-1.2500. So the analyst suggests that GBPUSD today is expected to have the support level at 1.2298 and the resistance level at 1.2561.
  8. Online trading is pretty much different than conventional trading, it seems that this is one of the best way for people from all over the world to trade, it requires less capital, it requires less costs and also it is faster rather than conventional trading, so this is why it is one of the most popular one.
  9. Pound exchange rate movements on Asian session is still depressed against US Dollar where before the price opened higher at 1.2445 in early trading, the pound exchange rate is falling down to around 21 pips and the pair is rolling at 1.2424. Pound is still depressed by market considerations will be the jobless claims data in October that swelled so much so alarming unemployment rate for the month will be reported next month. Besides the release of retail sales data reported in the European session be difficult to defeat the fundamental strength of the US dollar tonight. Technically GBPUSD observed to fall down to the range between 1.2398-1.2301 and if able to break it then it will fall back towards the third support level. So the analyst suggests that GBPUSD pair is estimated to have the support level at 1.2301 and the resistance level at 1.2580.
  10. The movement of USDJPY pair on Asia session (02:20:25 GMT / 09.30 am) move weaker after the price opened higher at 109.08 in early trading (0000 GMT), and now the pair is at 108.85. Japanese Yen attempted to rally on Asia session after BOJ Governor said that if Donald Trump's policies encouraging US economic growth then it is also good for Japanese economy. Previously Yen observed to be tumbled by the attitude of BOJ which buy government bonds in an unlimited amount. Technically, USDJPY is declining towards the range between 108.28-107.85 and a break would fall further towards between 107.50 to 107.35. But if it is not until these ranges can pair climbed back into the range of 109.34-109.97 . So the analyst suggests that USDJPY pair is estimated to have the support level at 107.35 and the resistance level at 110.20
  11. Euro exchange rate movements in this Asia session seems to have a positive movement against US Dollar after the price of this pair opened lower at around 1.0690 in early trading (0000 GMT), and the Euro exchange rate is now rolling on the position of 1.0710. Euro rebounded by profit-taking against the dollar some time, due to the US dollar fundamentals are still very strong and will continue in the evening session. In the US session there was a lot of momentum adds to the strength of the dollar which is penetrating the highest 12 months. To force some euro area data releases less powerful than the sentiment supporting the US dollar. Technically, EURUSD rise to between 1.0725-1.0786 and a breakout from that range may push the price rise up to around 1.0820. But if it is not transparent then the pair may fall back into the range of 1.0670-1.0608. And the analyst suggests that EURUSD pair is estimated to have the support level at 1.0546 and the resistance level at 1.0825.
  12. Australian Dollar exchange rate movement on Asia session strengthened against the US dollar, after this pair's price opened lower at 0.7479 in early trading (0000 GMT), It seems that Australian Dollar exchange rate rise about 3 pips and the rolling values ​​are at 0,7482. On Asia session Aussie consolidated by the pull of sentiment mixed economic data, the employment data rose below expectations and unemployment data coming down from the previous period. Australian Dollar amplifier sentiment from rising crude oil prices is trying to add strength. AUDUSD attempted drove into range between 0.7508-0.7571 and if it does not penetrate these ranges will fall back towards the range between 0.7459-0.7407. So it could be argued that the normal range of AUDUSD pair is estimated to have the support level at 0.7372 and the resistance level at 0.7812.
  13. Aussie exchange rate movements on European session (07:45:35 GMT / 14:45 GMT) to strengthen against the US dollar, after the price of this pair opened lower at around 0.7554 in early trading (0000 GMT), the Australian Dollar exchange rate rose about 2 pips and roll values ​​are at 0, 7556. Aussie back in the European session after a bullish move in the Asian session on profit-taking pressure, the strength of the Australian dollar this afternoon to get energy from the minutes of the RBA meeting earlier in the month and also rally in crude oil prices. Technically AUDUSD attempted to climb back into the range between 0.7588-0.7610 and if it does not penetrate these ranges will fall back towards the range between 0.7528-0.7495. So analyst argued that the normal range of AUDUSD pair is estimated to have the support level at 0.7479 and the resistance level at 0.7609.
  14. The price of sugar futures on the commodity exchange ICE Futures US in New York Tuesday morning (15/11) ends slump hit by currency weakness Brazilian Real. Tobin Gorey, analyst at Commonwealth Bank of Australia stated weakening Brazilian Real continues to lead forward sales of Brazilian sugar mills to take advantage of better real-time pricing. Brazil's real fell for a fourth day in a row on Monday as concerns over the economic policies of US President elect Donald Trump and a higher US yields prompted the central bank to intervene. At the close of trading early this morning the price of 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 0.32 percent at 21.63 cents per pound. Tonight will be released Data Retail Sales in October the US that indicated declining. If realized, it will depress the US dollar. Analyst estimates that the price movements of raw sugar futures in New York at the next trade has the potential to strengthen by weakening US dollar. Prices may test the resistance level at 22.60 cents and 22.10 cents. While the level of support that will be tested if prices decline is between 21.10 cents and 20.60 cents per pound.
  15. Continued profit-taking against of pound against US dollar exchange rate entering the second straight day intensified after the positive sentiment that had been turned into a weakening corrects negative sentiment. This condition occurs when the UK Office for National Statistics (ONS) reported the inflation rate of the country on Tuesday (15/11). ONS reported a decline in inflation in October compared to the previous period, even worse than economists forecast. Inflation fell to a 0.9% after rising 1.1% in September and economists forecast fallen to 1%. Pound exchange rate movements in the European session (10:55:35 GMT) weakened against the US dollar, after the price opened lower than the previous trading at around 1.2489 in early trading Asian session (0000 GMT), the exchange rate of GBP fell about 87 pips and the pair is still at 1.2402. For the next trade until the close of trading ending the American session tomorrow morning, analyst estimates GBPUSD pair will continue to fall to the range between 1.2374 - 1.2343. But if there is a correction again, will rise towards the range betwee 1.2545-1.2610.
  16. The price of CPO in Malaysia observedrose on Tuesday afternoon (15/11). CPO price hike this afternoon supported crude oil prices for the Asian session. Crude oil prices rose about 2 percent in Asian trade on Tuesday (15/11) to move away from multi-month lows the previous day. CPO price most active contract on the commodity exchanges seems to have increased. The contract price in January 2017 which is the most active contract rose as much as 39 ringgit, or 1.4 percent and traded at 2,891 ringgit per tonne. Analyst estimates that the price movement of CPO futures at the next trade potentially strengthened by the potential increase of crude oil. CPO futures contract has the potential to test the resistance level at 2,940 ringgit and 2,990 ringgit.
  17. The price of arabica coffee futures on ICE Futures exchange New York at the close of trading on Tuesday morning (15/11) finished up. Arabica coffee price increases triggered bargain hunting. Bargain hunting occurs utilizing coffee prices slumped last week. In the weekly price of arabica coffee fell 6.9 percent, largely depressed market fears after Donald Trump was elected as the new President of the United States and profit-taking speculators. Arabica coffee futures prices for the most-active contract closed up in March 2017 in the position of 1.6545 dollars, a rise of 2.35 cents, equivalent to 1.44 per cent. Tonight will be released Data Retail Sales in October the US that indicated declining. If realized, it will depress the US dollar. Arabica coffee futures on ICE Futures US in New York at the next trade limited the potential to strengthen the potential weakening of the US dollar. It has the potential to test the resistance level at 1.6850 dollar and next towards 1.7150 dollar.
  18. At the end of trading Tuesday morning (15/11), Rotterdam coal prices ended down ignore the rising crude oil prices. Coal prices have eroded by the strengthening US dollar fell. The US dollar rose to a 11-month high against a basket of major currencies on Monday, along with the spike in US bond yields due to fiscal policy and trade under the government of Donald Trump would increase inflation. The increase in the US dollar makes the price of US dollar denominated coal Rotterdam to be expensive so the demand is getting stronger and coal price futures for the most active contract is a contract in January 2017 dropped to 84.15 dollars per ton. Commodity prices decreased by 1.98 percent compared to the previous closing. 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 84.65 dollars and 85.15 dollars. While the level of support that will be tested if prices decline is between 81.65 dollars and 81.15 dollars.
  19. ICE Futures price of cocoa futures at the end of trading on Tuesday morning (15/11) closed weak. The weakening of cocoa prices triggered a stronger dollar and rising crop prospects in West Africa.A stronger dollar makes dollar-based commodities cocoa have become more expensive in other currencies, so the demand decreases. Light rain mixed with sunny weather last week in most of Ivory Coast cocoa-growing area of ​​strengthening the prospects for the main crop, which is expected to exceed last season farmers statement said on Monday. At the end of trading early this morning the price of cocoa futures contracts in March 2017 which is the most active contract was observed to be closed down. Commodity prices closed down by 2.14 percent at 2,418 dollars per ton. Tonight will be released Data Retail Sales in October the US that indicated declining. If realized, it will depress the US dollar. Cocoa futures for the next trade will move in the trend of limited gain potential dollar weakness, and for the next trading price of cocoa futures on ICE Futures US in New York has the potential to penetrate the resistance level at 2,470 dollar. If the resistance level is successfully penetrated the next level is 2,520 dollars.
  20. The price of tin in Malaysia Stock Exchange fell on Tuesday (15/11). Falling prices depressed by the strengthening US dollar overnight. The US dollar rose to a 11-month high against a basket of major currencies on Monday, along with the spike in US bond yields due to fiscal policy and trade under the government of Donald Trump would increase inflation. Strengthening of the US dollar makes commodities traded tin denominated in US dollars to be expensive, so demand decreases. The price of tin in Malaysia observed commodity exchanges declined today which traded at 21,100 dollars per ton, down about $ 250 dollars from its previous close at 21 350. Tonight will be released Data Retail Sales in October the US that indicated declining. If realized, it will depress the US dollar. Tin price movements at the next trade has the potential to rise. Price will face the resistance level at 21,300 dollars and 21,500 dollars. But if there is a decrease, the price of tin will face a support level at 20,900 dollars and 20,700 dollars.
  21. Tocom rubber prices in trading Tuesday afternoon (15/11) was observed to rise. Prices of natural rubber futures for the most active contract, namely April 2017 rose helped by rising crude oil prices. Crude oil prices rose about 2 percent in Asian trade on Tuesday move away from multi-month lows the previous day, pushed higher by expectations of lower production of shale and new optimism that OPEC will succeed in cutting production. The increase in crude oil prices make the synthetic rubber production cost becomes more expensive. The impact demand for commodities like natural rubber is traded on Tocom has increased significantly. It was observed rose by 7.8 yen or 3.9 percent at 205.50 yen per kilogram, an increase compared to the previous closing at 197.70 yen per kilogram. Analyst estimates that Tocom rubber price movement in trading the potential to strengthen further limited by the potential increase in crude oil. Prices are expected to meet the level of resistance at 210.00 yen positions and further resistance at 215.00 yen.
  22. The price of sugar futures on the commodity exchange ICE Futures US in New York Tuesday morning (15/11) ends slump hit by currency weakness Brazilian Real. Tobin Gorey, analyst at Commonwealth Bank of Australia stated weakening Brazilian Real continues to lead forward sales of Brazilian sugar mills to take advantage of better real-time pricing. Brazil's real fell for a fourth day in a row on Monday as concerns over the economic policies of US President elect Donald Trump and a higher US yields prompted the central bank to intervene. At the close of trading early this morning the price of 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 0.32 percent at 21.63 cents per pound. Tonight will be released Data Retail Sales in October the US that indicated declining. If realized, it will depress the US dollar. Analyst estimates that the price movements of raw sugar futures in New York at the next trade has the potential to strengthen by weakening US dollar. Prices may test the resistance level at 22.60 cents and 22.10 cents. While the level of support that will be tested if prices decline is between 21.10 cents and 20.60 cents per pound.
  23. Oil prices rose about 2 percent on Tuesday, pushed higher by expectations of a decline in output of shale and new optimism that OPEC will keep trying to make a cut in production. US crude oil futures for December delivery have climbed 90 cents, or 2.1 percent, to $ 44.22 a barrel at 0746 GMT, which is located at the lowest price in almost two months in the previous session. January Brent futures rose 71 cents, or 1.6 percent, at $ 45.14 per barrel. Prices were supported by expectations that the production of shale in the US for December will fall down to the lowest level since April 2014 which aims to increase production at 4.5 million barrels per day. Saudi Arabia's Minister of Energy said it is important for the Organization of Petroleum Exporting Countries to reach a consensus in September to curb production, according to the Algerian state news agency APS said on Sunday. OPEC members next meeting will be held at the end of this month. Also supporting the oil market was news that Harold Hamm, chief executive of US independent oil producer, Continental Resources, will be nominated as secretary of energy when Donald Trump became US president. Elsewhere, Iraq will cut crude oil exports from the port of Basra to the south to 3.16 million barrels per day in December, compared to 3.24 million barrels per day in November. Volume was allocated in December will be the lowest in four months. Meanwhile, back in the production of Libyan crude oil could turn a profit . A tanker carrying crude oil production of Libya is the first cargo exported through Ras Lanuf terminal which reopened in September. The reopening of Libya's eastern port has helped to channel the results of the national production doubled which increased by about 600,000 barrels per day.
  24. Japanese yen exchange rate movements forex trading on Tuesday (15/11), which tends to be the strongest since the Asian session supported by the momentum of the US dollar profit taking. Retreat dollars occurred after previous trading that has been rallying for six consecutive days reached the highest position in the trade throughout 2016. Today's trading was no Japanese economic data that can sustain the movement of the yen, so that the movement in the spot market consolidation among the positive sentiment may revive the USDJPY pair. The yen is expected to be cut back by the strength of these data. Yen exchange rate movements strengthened against the US dollar, USDJPY opened higher at 108.43 in early trading and fall down 15 pips and value pair rolling at 108.28. For the movement of the pair until the end of the evening session trading to remain strong, so USDJPY pair rose to around 108.55 to 109.78. But if there is a technical correction and impairment pair slid to around 107,60-106.58.
  25. Gold price movements on European session (06:30:35 GMT / 13:30 pm) moving strongly after it opened higher at 1227.75 in early trading (0000 GMT), now the price of gold is still rolling at 1226.50. Gold prices managed to keep rebound on European session that formed since the Asian session by momentum weakening US dollar. The strength of the US dollar trimmed by profit taking that responds to daily driving solid catalyst main rivals. But the rate of gold prices is limited by the strengthening of the stock market and also the release of positive data on the American session. Technically, gold prices continue to rise strive towards the range between 1232.82-1238.20 and a break-up to the weak resistance. But if it is failed then gold will fall back towards the pivot. So the normal range XAUUSD pair today is expected to have the support level at 1197.93 and resistance level at 1247.89.
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