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myregister

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  1. Australian Dollar exchange rate movements on European session (07:40:35 GMT / 15:40 GMT) consolidated against the US dollar, after this pair's price opened higher at 0.7681 in early trading (0000 GMT), fall down about 3 pips and the rolling value is at 0, 7678. Aussie entered the European session with consolidation since the beginning of Asian session by the pull of sentiment rebound in crude oil prices and the strengthening US dollar momentum. US Dollar rose higher after the FBI revealed no new evidence to incriminate Hillary Clinton in a case that happened to him as a presidential candidate. Technically AUDUSD pressured to 0.7653-0.7624 range, but if it does not penetrate those ranges the correction will happened where the price will rise to the range between 0.7693-0.7718. So analyst argued that the normal range of AUDUSD pair is estimated to have the support level at 0.7607 and the resistance level at 0.7741.
  2. The movement of USDJPY on European session moves higher after opening lower at 104.07 in early trading (0000 GMT), and now the pair is at 104.34. Yen enter the European session with enormous hit by a strong rise of US dollar moemntum after FBI announced a new evidence couldn't found charges against Hillary Clinton. The lack of domestic catalysts driving the Japanese make the pair move to the US dollar sentiment. Technically, USDJPY's pair is moving up towards then range between 104.68-105.12 which act as resistance level and if cannot reach that range then this pair will fall down towards the range between 102.60-102.10. So this pair could be argued to have the range between support level at 102.08 and the resistance level at 103.22.
  3. The price of CPO in Malaysia commodity exchanges rose on Monday afternoon (07/11). CPO price hike this afternoon supported bt weakening ringgit and rising crude oil prices on Asian session. USDMYR rate up 0.3 percent at 4.2105. The weakening ringgit makes CPOs become relatively cheaper for overseas buyers so that demand is increasing. The increase in CPO prices also underpinned the rise in crude oil in the Asian trading session. CPO price most active contract on the commodity exchanges Malaysia today seems to have increased and gained as much as 36 ringgit, or 1.3 percent and traded at 2,772 ringgit per tonne. CPO futures at the next trade potentially strengthened by the potential weakening ringgit and the increase in crude oil. While it has potential to test the resistance level at 2,820 ringgit and 2,870 ringgit.
  4. Sugar futures prices on ICE futures closed up at the end of trading early saturday weekend(05/11). Commodity prices have strengthened dollar weakness supported by the uncertainty of the US Presidential election. The US dollar slipped on Friday with anxiety ahead of the US presidential election approaching, despite a steady US employment report which supports expectations for Federal Reserve interest rate hike next month. A weakening US dollar makes dollar-based commodities sugar became cheaper in other currencies. At the close of trading early this morning the price of sugar futures for the most active contract is a contract in March 2017 was observed to rebound. The price of sugar futures the most active closed up 0.25 cents, or equivalent to 1.16 percent at 21.73 cents per pound. Sugar futures to trade weak with estimated potential further strengthening of the US dollar. Prices of raw sugar futures on ICE Futures US in New York could potentially test the support level at 21.20 and 20.70 cents.
  5. The movement of the US dollar to trade forex on European session (7/11) increasingly moving to cut its trade weakened in these last 3 days, after the start of the Asian session the price immediately jump to 0.5 percent. Dollar gets stronger after FBI's announcement on the case on pressing US Presidential candidate Hillary Clinton. Last week US Dollar experienced quite severe selling pressure after FBI decided to reopen the case of personal email prospective US president. These problems provide the market's fears that supports Hillary Clinton to press US dollar. Sentiment last week's Fed rate hike less strongly support the dollar, but FBI's notice will revive sentiment Fed rate hike in December. In the evening session, there are several series of economic data that can add energy dollars, because these data indicate higher data from the previous period. The dollar index, which measures the strength of the US dollar against six major currencies opened stronger trading at 97.72, after earlier trading on Asian session opened at 97.42.
  6. Cocoa futures on ICE Futures trading late weekend early Saturday (05/11) closed down. The weakening of the cocoa price forecasts triggered a drop in demand. Cocoa crop in West Africa, where most of the world's supply comes already reported good production. Weather in West Africa has featured a lot of rain so the production of West Africa in the end strong. The spread between December and March New York cocoa futures fell sharply in the previous session, out of more than $ 95 per ton to less than $ 70, and declining to $ 57 per ton on Friday. At the end of trading last Saturday morning, cocoa futures contracts in March 2017 which is the most active contract closed down observed and closed down by 3.84 percent at 2,532 dollars per ton. The drop in cocoa prices has further weakened the weekend cocoa prices on a weekly basis, resulting in dropped by -4.38 percent. Analyst even have some estimations that the price of Cocoa on ICE for the next trade will move in the trend of weakening limited by the strengthening US dollar.
  7. One of the private banks in Britain, Halifax Bank of Scotland report data on the development of house prices in the country increased for previous October. Data which is one of the strong driving pounds less strong positive sentiment for the pair GBPUSD rate that has been depressed since the beginning of trade. British pound exchange rate that has been rallying for six consecutive days exhibited significantly fallen considerably at the beginning of the Asian session after the previous day FBI announced positive developments in the case of US Presidential candidate Hillary Clinton. Pound exchange rate movements weakened against the US dollar, after opening lower at 1.2452 in early trading on Asian session, the exchange rate of Pound fell 53 pips and the pair is still at 1.2399. For the next trade GBPUSD will go down again to the range 1.2362 - 1.2291.
  8. Arabica coffee futures on ICE Futures exchange at the close of New York trading the weekend early Saturday (05/11) ends soared. Arabica coffee price increases supported the weakening of the US Dollar. USD slipped on Friday with anxiety ahead of the US presidential election approaching, despite a steady US employment report which supports expectations for Federal Reserve interest rate hike next month. The weakening US dollar makes the price of arabica coffee is sold in US dollars become cheaper, so the demand is increasing. The price of Arabica Coffee futures for the most-active contract in December 2016 closed at 1.7135 dollar, rose about 3.44 percent. It has potential to test support level at 1.6800 dollars and 1.6500 dollars.
  9. In late trading the weekend early Saturday (05/11), Rotterdam coal price closed up triggered by the weakening US dollar. US dollar slipped on Friday with anxiety ahead of the US presidential election approaching, despite a steady US employment report which supports expectations for Federal Reserve interest rate hike next month. The weakening US dollar makes the price of coal sold rotterdam denominated in dollars become cheaper, so the demand is increasing. Coal price futures for the most active contract is a contract in December 2016 ended up at 86.90 dollars per ton. Commodity prices rose by 1.80 dollars or equivalent to 2.12 percent compared to the previous closing. Analyst estimates that coal futures price movements Rotterdam at the next trade will weaken with the potential strengthening of the US dollar. The price of coal futures potentially test support level at 86.40 dollars and 85.90 dollars. While the level of resistance to be tested if the price increase is at 87.40 dollars and 87.90 dollars.
  10. Tocom rubber price in midday trading on Monday (11/7) ends soared. Prices of natural rubber futures for the most active contract, namely April 2017 helped strengthen weaker yen and rising crude oil prices. USDJPY traded higher 1.3 percent at 104.44. A weaker yen makes Tocom futures price of natural rubber rose. For overseas buyers with a weakening yen makes commodities traded in the currency has become relatively cheaper, so the demand has increased.Tocom rubber price increases also supported the rise of crude oil in the Asian trading session. The increase in crude oil prices make synthetic rubber production cost becomes more expensive. The impact demand for commodities like natural rubber is traded on Tocom has increased significantly. Natural rubber prices in Tocom for the most active contract increased by 5.2 percent at 187.10 yen per kilogram, an increase compared to the previous closing at 177.80 yen per kilogram. For the next trading session price is expected to meet the resistance at 192.00 yen and as high as 197.00 yen.
  11. Gold price movements on European session seems to move weaker than previous position especially after the price opened lower at 1288.95 in early trading (0000 GMT), the gold price is now rolling at 1287.35. Gold prices fell to the lowest level in four trading days after responding to the high dollar. US Dollar became stronger after the problems of personal email Clinton was cleared by the FBI. And until the evening session the strength of US economic data could depress the price of gold over again. Technically, Gold will continue to fall towards 1281.86-1272.27 range, but if it is not transparent and there is a correction then it will go back up to the range of 1302.94-1310.74. So the normal range of XAUUSD pair today is expected to have the support level at 1283.84 and resistance level at 1320.17.
  12. Australian Dollar exchange rate movements in the European session (07:55:35 GMT) observed move weaker against US Dollar, after the price of this pair opened higher at around 0.7683 in early trading (0000 GMT), and the price is now rolling at around 0.7673. Aussie on European session continue profit-taking that began in Asia after earlier trading had rallied 5 consecutive days. In early trading had opened strongly respond to the rise in retail sales, but the momentum of US dollar rebound ahead of US NFP data in October stronger pressing the pair. Technically, the AUDUSD is moving up towards the range between 0.7675-0.7714, but if it does not reach these ranges can fall down towards the range between 0.7668-0.7612. So the normal range of AUDUSD pair is estimated to have the support level at 0.7594 and the resistance level at 0.7791
  13. USDJPY pair movement in the European session (07:45:35 GMT) moves so strong after opening higher at 102.99 in early trading (0000 GMT), and now the pair is in the position of 103.23. Japanese yen exchange rate continue to respond to strong fundamentals of US Dollar on Asia session. The data is expected to increase and add a strong signal of the Fed rate hike in December. Technically, USDJPY is expected to rise towards the range 103.38-103.73, and if this pair does not reach it then it will return back to around 102.78 range. It seems that normal range of USDJPY pair is estimated to have the support level at 101.46 and the resistance level at 104.14.
  14. Pound exchange rate movements in the European session (07:15:35 GMT) moving strongly against the US dollar, after the price opened lower at 1.2459 in early trading, and is now rolling at 1.2468 GBPUSD. Pound on thie European session is still capable of driving with a moderate force, reinforced by strengthening trade sentiment previous UK High Court decision on the process of the stages Brexit decided by the British parliament. But it is feared ahead of the US session down again by the strong sentiment in October US NFP data Technically GBPUSD will go up to the range of 1.2487-1.2599, but if it is not up to the range, it can be a correction down towards the range of 1.2441-1.2320. So the normal range of GBPUSD pair is estimated to have the support level at 1.2132 and the resistance level at 1.2683.
  15. The price of tin in Malaysia Stock Exchange rose on Friday afternoon (04/11). The increase in the price of tin supported by the weakening US dollar. The political situation is still dominating currency markets on Thursday in which the US election concerns USD continue to weaken against yen. The weakening US dollar makes the price of tin is sold in US dollars become cheaper, so the demand is increasing. The price of tin on the commodity exchanges traded at 21.150 dollars per ton, an increase of 400 dollars or 1.9 percent from its previous close at 20,750. Analyst estimates that Tin price movements at the next trade will weaken limited by the strengthening US dollar. Price will face support level at around 20,950 dollars and 20,750 dollars. But if there is an increase, the price of tin will face resistance level at 21 350 dollars and 21 550 dollars.
  16. CPO's price in Malaysia engaged weak commodity exchanges on Thursday (27/10) afternoon. A weaker CPO prices following a fall in oil rival Chicago Board of Trade. CPO price most active contract on observed a weakening. The contract price in January 2017 which is the most active contract ended down by 0.3 percent and traded at 2,765 ringgit per tonne. Analyst estimates that the price movement of CPO futures at the next trade potentially weak following the weakening of oil prices rival on the exchange Chicago. However, if the ringgit continues to weaken the currency and crude oil prices rose, can give a boost price increases. CPO futures contract prices on Malaysia commodity exchanges for the contract of January 2017 has the potential to test the support level at 2,710 ringgit and 2,650 ringgit. While the level of resistance to be tested if the price increase is between 2,810 ringgit and 2,860 ringgit.
  17. he movement of gold prices in the European session (07:35:35 GMT) is still in a bullish position after this commodity's price opened lower at 1302.15 in early trading on Asian session, it observed that right now the price is rolling around 1298.71. Gold prices are still depressed on European session on profit-taking after a rally the previous 3 consecutive days, and the pressure comes from the strength of the US dollar which seems to be rise and to greet the release of NFP which is expected to rise this evening. * Technically, XAUUSD is moving down to the range between 1293.74-1282.84, but if it does not penetrate these ranges then the price will climb back towards the range between 1304.73-1315.44. It seems that the normal range of XAUUSD pair today is expected to have the support level at 1267.65 and resistance level at 1329.62.
  18. Oil prices edged higher on Asia session, to stabilize after five days of consecutive falls, despite a surge in US crude inventories and doubts over OPEC producer's ability to coordinate the production decline continues to hit the market. West Texas Intermediate (WTI) rose 0.25 percent, to $ 44.77. While Brent crude futures rose 13 cents, or 0.28 percent, at $ 46.48 per barrel. The rise in oil prices came with their bargain hunting traders who exploit crude oil prices are getting cheaper. Crude oil prices have dropped more than 13 percent since their recent peak in mid-October.Despite a slight increase, traders said sentiment is generally bearish given the drop in prices over the last five days, the longest slowdown since June. Analysts said the market was also weighed down by traders who withdraw money from futures ahead of the US presidential election, which is seen as a market risk. While oil remains near record production and high inventories, the British bank Barclays said growth in demand was weak. In the United States, crude inventories jumped more than 14 million barrels last week, the biggest gain on record, highlighting that the global oversupply of the fuel which is still far from complete. Crude oil at the next trade moved positively by bargain hunting. However if that realized tonight then dollar strengthened to put pressure on oil prices. The price's resistance is expected to move between $ 45.30 - $ 45.80, whereas if the price drops will move between $ 44,30- $ 43.80.
  19. Natural rubber prices Tocom futures trading on Friday afternoon (03/11) ended down. Tocom rubber prices following the weakening of the weakening of the Tokyo stock exchange.Japan's Nikkei index fell to 2.5 weeks on Friday stressed the uncertainty surrounding the US presidential election next week. But weakening is increasingly narrowed by the weakening of the Yen, so In today's trading, the price of rubber futures for the most active contract on the Tokyo commodity exchange decreased by 0.1 percent, to 177.8 yen per kilogram. Analyst estimates that the price movement Tocom rubber futures trading has the potential to rise with despite the weakening of Yen. This commodity has chance to test the resistance level at 183.00 yen and 188.00 yen. Prices will meet support at the level of 173.00 when the price is in the negative territory.
  20. Arabica coffee futures on ICE Futures exchange at the close of New York trading Friday morning (04/11) finished up. Arabica coffee price increases supported the weakening of the US Dollar. 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 in December 2016 closed up at 1.6565 dollar positions, rose 2.75 cents, or equivalent to 1.69 percent. Tonight will be released the data Non-farm payrolls in October indicated increased, which indicated October Unemployment Rate decreased, which indicated the trade deficit narrowed. If realized, it will strengthen the US dollar. Price movements of Arabica coffee futures on ICE Futures US in New York at the next trade potentially weak with the strengthening US dollar. it has the potential to test support between 1.6300 dollars and 1.6000 dollars. While the level of resistance that will be encountered if the price increase is between 1.6900 dollars and 1.7200 dollars.
  21. Price of cocoa futures in late trade on Friday morning closed weak. The weakening of the cocoa price triggered concern the decline in demand. Victor Balli, chief financial officer for the chocolate maker Barry Callebaut, told Reuters that the deficit cocoa relatively little last year and this year surplus still looks relatively small. He stated whether the chocolate market will recover and will fuel demand. Also needs to be seen whether the main crops in West Africa will then be as good as it appears to this stage. At the end of trading early this morning the price of cocoa futures contracts in December 2016 which closed lower about 0.15 percent at 2,705 dollars per ton. Price of cocoa futures for the next trade will move in the trend of weakening limited by the strengthening US dollar. For the next trading price of cocoa futures on ICE Futures US in New York has the potential to penetrate the support level at 2,650 dollar positions.
  22. The price of sugar futures on the commodity exchange ICE Futures US in New York early on Friday (04/11) sagged, eroded weakening crude prices. Traders anticipate that lower oil prices will encourage producers prefer to convert sugarcane into sugar cane than ethanol, so that the production of sugar increased and further depress sugar prices. 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 by -0.22 cents or equal to -1.01 percent at 21.48 cents per pound. Raw sugar's movement on New York at the next trade will weaken limited by the strengthening US dollar. It has the potential to test the support level at 21.00 cents and 20.50 cents. While the level of resistance to be tested if the price increase is between 22.00 cents and 22.50 cents per pound.
  23. At the end of trading Friday morning, Rotterdam coal price closed up triggered by the weakening US dollar. The political situation is still dominating currency markets on Thursday in which the US election concerns continue to weaken Dollar. The weakening US dollar makes the price of coal become cheaper, so the demand is increasing. Rotterdam coal price futures for the most active contract is a contract in December 2016 ended up at around 85.10 dollars per ton. Commodity prices rose by 1.00 dollars or equivalent to 1.19 percent compared to the previous closing. Coal futures price movements Rotterdam at the next trade will weaken with the potential strengthening of the US dollar. The price of coal futures potentially test support level at 84.60 dollars and if able to break it will fall towards next support level at 84.10 dollars.
  24. The movement of the Euro exchange rate in the European session (07:00:35 GMT) moving weak against the US dollar, after the price of this pair opened higher at 1.1106 in early trading (0000 GMT), and the EURUSD is now rolling at 1.1094. Euro on European session still got a pressure from profita taking that started on Asia session after rallying about 3 consecutive days by the strong momentum UUS non-farm payrolls which are expected to rise so as to amplify the signal Fed rate hike in December. This afternoon will be released performance data expected service PMI is positive but the fundamental driving force is very minor. Technically, EURUSD is moving down towards 1.1083-1.1018 range. But if it is not up to the range described above, the pair will climb back towards the 1.1106-1.1151 range. The normal range of EURUSD pair is estimated to have the support level at 1.0985 and the resistance level at 1.1189.
  25. Australian Dollar exchange rate movements in the European session (7:45:35 GMT) moves stronger against US dollar, after this pair's price opening lower at 0.7659 in early trading (0000 GMT), and is now rolling AUDUSD at 0.7672. Aussie on European session proceeded after receiving power from the report of Australia's foreign trade balance positive with a significant increase in exports. Sentiment also gains derived from the increase in crude oil prices and a weakening US dollar. Technically, AUDUSD moved up towards the 0.7684-0.7708 range, but if it does not reach these ranges can go down again towards the 0.7633-0.7582 range. So according to some analyst the normal range of AUDUSD pair is estimated to have the support level at 0.7555 and the resistance level at 0.7745
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