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myregister

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  1. In late trading the weekend early Saturday (29/10), Rotterdam ended weaker coal prices depressed crude oil prices tumbled. Oil prices slumped in late trading weekend early Saturday (29/10) hampered doubt OPEC production cuts are planned. With the weakening of crude oil prices the commodity prices decreased by -0.60 dollars, equivalent to -0.78 percent compared to the previous closing. Tonight will be released the data Personal Income and Personal Spending US September indicated increased. If realized, it will strengthen the US dollar. ACoal futures price movements Rotterdam at the next trade triggered a potentially weak US dollar strengthening. The price of coal futures potentially test support level at 75.65 dollars and at the level of 75.15 dollars.
  2. The price of CPO in Malaysia commodity exchanges was observed to fall. A weaker CPO prices this afternoon triggered by the weakening of crude oil in Asian trading session. Crude oil prices extended losses in trading on Monday (31/10) in the Asian session after non-OPEC producers did not make a specific commitment to join OPEC to restrict oil production to shore up prices, suggesting they would like the group of oil producers to first resolve differences. The decline in crude oil prices to trigger negative sentiment that makes the price of CPO in the downward trend. The weakening in crude oil prices make alternative fuels such as those made of CPO declined his request. CPO price most active contract fell by -7 ringgit or -0.30 percent and traded at 2,781 ringgit per tonne. CPO futures at the next trade will pay attention to the movement of crude oil prices, which if it continues to weaken will push the price of CPO. Price movements can also be affected by currency movements Ringgit and the global supply and demand conditions. It has the potential to test the support level at 2,730 ringgit.
  3. Arabica coffee futures on ICE Futures exchange at the close of New York trading the weekend early Saturday (29/10) 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 1.6550 dollar positions, rose 0.70 cents, or equivalent to 0.42 percent. This increase continues to add expensive arabica coffee prices during the week, which jumped 6.02 percent. The surge was largely supported by the projected decline of exports Brazil which brings the price of sugar rose 4 percent. The increase was also supported by a decrease in production deficit. 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 has potential to test support level at 1.6300 dollars and then next towards 1.6000 dollars.
  4. Sugar futures on ICE Futures exchange New York on the weekend of Saturday morning (31/10) ended weak Chinese imports triggered a decline. The US Department of Agriculture's Beijing bureau has recently cut its forecast for China's sugar imports in 2016-17 to six million tons, 1.9 million below the official USDA forecast. In annual terms, China has imported 2.62 million tons of sugar, compared to 4.85 million in 2015, according to official data. At the close of trading early on Saturday was the price of sugar futures for the most active contract dipped by -0.43 cents or equal to -1.47 percent at 22.16 cents per pound. These results further weakens the price of sugar on a weekly basis, which slumped -2.42 percent. The decline largely influenced by a stronger dollar and weaker crude oil. Raw sugar futures in New York at the next trade will weaken by US dollar strengthening. Prices of raw sugar futures on ICE Futures US in New York has the potential to test the support level at 21.65 cents and 21.15 cents. While the level of resistance to be tested if the price increase is at 22.65 cents and 23.15 cents per pound.
  5. The price of Tin in Malaysia Stock Exchange rose on Monday afternoon (31/10). The increase in the price of tin supported by the weakening US dollar. US dollar slipped from three-month highs against the yen and fell against the euro at the weekend after US government data showed a slowdown in US consumer spending in the third quarter of shadowing third-quarter economic growth was stronger than expected. 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 observed a rise today. The industrial metals prices traded at 20 550 dollars per ton, up by 50 dollars, or 0.2 percent from its previous close at 20,500. Weekly Malaysian market tin price increased 2.3 percent, largely supported the strengthening of Wall Street and the Shanghai exchange and the weakening US dollar. Tin price movements at the next trade will weaken limited by the strengthening US dollar. Price will face the level of support at around 20.250 dollars and 20.050 dollars. But if there is an increase, the price of tin will face resistance level at 20,750 dollars and 20,950 dollars.
  6. The revival of US dollars in the early European session trading make many of its main rivals after a weekend retreat natural attenuation print. Likewise against the British pound, US dollar hit the GBP that had received the power of projection BOE still not trim interest rates in their monthly regular meeting this week. Last week USD may collapsed from the highest peak after the FBI will investigate US Presidential candidate Hillary Clinton Email when he served as secretary of state. This sentiment is not only made the price of US dollars dropped but also Gold price. Pound exchange rate movements in the European session weakening against the US dollar, after price opened lower than previous trading at 1.2178 in early trading Asian session. For the next trade until the close of trading ending, GBPUSD pair will continue to fall to the range 1.2141 - 1.2057. But if there is a correction back and up into the range of 1.2220-1.2253.
  7. Natural rubber prices Tocom futures trading on Monday afternoon (31/10) ended down. Weakening Tocom rubber prices decline bt crude oil prices which eroded Asian session. Crude oil prices extended losses in trading on Monday (31/10) in the Asian session after non-OPEC producers did not make a specific commitment to join OPEC to restrict oil production to shore up prices. 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 for the most active contract on the Tokyo commodity exchange decreased by 0.20 percent, to 183.5 yen per kilogram. 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. Rubber exchange will test the support level at 177.00 yen and 172.00 yen. Prices will meet resistance at the level of 189.00 and 194.00 yen if the price is in positive territory.
  8. Crude oil fell 0.4 percent to $ 48.50 a barrel in New York. OPEC ended its meeting on Friday without reaching an agreement in the quota for each country, according to the Secretary of the Oil and Gas Brazil, Marcio Felix. Crude oil prices extended losses in trading on Monday (31/10) in the Asian session after non-OPEC producers did not make a specific commitment to join OPEC to restrict oil production to shore up prices, suggesting they would like the group of oil producers to first resolve differences. US $ 50 oil fluctuated amid uncertainty about whether OPEC can implement supply cuts first in the first eight years until the next formal meeting in November.
  9. After last weekend's US dollar sentiment collapsed by political conditions in the United States weigh attitude FBI will investigate the personal email of Hillary Clinton, bounced back in early forex trading this week after going through Asian session and now in the European session. Sentiment that lifted the US dollar comes back from the FOMC meeting this week that will give a strong signal plans Fed rate hikes this year. In the middle of European session forex trading Monday, the US dollar experienced weakness trying to cut last weekend but was not successful due to the strong Aussie dollar survived. Except aussie, against all major rivals naturally strengthening US dollar. At the evening session the strength of the US dollar is expected to grow more than enough economic report that gave power of data Personal income / spending in September, where this data is expected to show an increase in data. The dollar index, which measures the strength of the US dollar against six major currencies trading stronger move after the start of trading the Asian session where price opened lower at 98.30 and is now moving at around 98.56 after earlier position dropped to 0.4%.
  10. The movement of the euro exchange rate which had increased since the beginning of Asian session trading late October cut back by profit taking after Destatis report German retail sector's performance is getting worse. End of October last week's trading last Friday, the euro managed to close at the highest daily position within 10 days of trading. The euro fell from the peak of 10 days was triggered contractions retail sector data that continues after the previous month in August contraction. Disappointing performance of the German retail sales kept the charm euro faded back. From the report Destatis, German retail sales in September is getting sluggish. European session the euro exchange rate movements weakened against the US dollar, Euro exchange rate of natural increase of 38 pips and is now rolling at 1.0953. For the next trade until the close of American session tomorrow morning, EURUSD pair fell again to the range 1.0939 - 1.0890. But if there is a correction this pair may rise towards 1.0999-1.1037 range.
  11. Having successfully gained profit in the ending of last week's trading, Australian Dollar start the trading this week with rally its opponent, which is US Dollar. Until the European trading session (31/10) only aussie is able to strengthen against the US dollar compared to other major currencies globally. Aussie rally gained power derived from market sentiment will result RBA policy meeting tomorrow. Australian dollar exchange rate movements on European session (11:00:45 GMT) moving strongly against the US dollar, after the price opened lower at 0.7591 early in the Asian trading session (00:00 GMT), the Australian dollar exchange rate is now rolling on the position of 0.7606. For subsequent trade to the American trading session this evening, AUDUSD may able to rise up to the range between 0.7622-0.7655. However, if not managed to achieve this range will be corrected down to the range of 0.7578-0.7530.
  12. Talking about learning well i am sure that we also trying to make money too when we trade since that is our main reason to dive into forex. So in order to be proficient in earning money through foreign exchange trading then you need to learn. The material of learning comes in many forms like videos or article or even infographs.
  13. Well i don't know if ALL traders want to be, but what i know and what i am sure about that is Most of traders actually want to be a good trader which means a profitable trader and could optimized their profit and suffer just small amount of losses, this is understandable since most of the traders want to make money.
  14. I agree with you, without risk forex wouldn't be like this and actually it is pretty much boring LOL , but to reduce the risk to near zero possible even it need expertise which means more flight hours as foreign exchange trader and usually only few people could achieve it only in less than 1 or 2 years.
  15. I still stand for Spread as the main income for foreign exchange broker, so far not all brokers do this but mostly of non dealing desk will put this spread as their main income which means that broker earn from each transaction their clients made so far. But a dealing desk do the different things.
  16. Well that is the risk they should take if they want a business where they can earn such big amount of money while able to keep the low risk then it is not possible because there is no such a business like that, there is high risk, high profit or if not low risk low profit or if you want to choose the middle one? Middle risk has middle/medium risk level.
  17. The Bloomberg Dollar Spot Index rose less than 0.1 percent. It rose 0.2 percent in the final session after the purchasing managers index grew at a faster pace than economists forecast and new home sales data for September are close to their highest level in nearly nine years. The yen was little changed to 104.54 per dollar, near its lowest level in three months. The majority of economists expect the Bank of Japan will keep stimulus unchanged when Governor Haruhiko Kuroda and policy board meeting on 31 October to 1 November to assess the progress of the monetary policy conducted so far.
  18. Crude oil prices rose on Thursday on Asian session, spinning around $ 50 per barrel, due to doubts over the ability of OPEC to adjust production cuts, but strong demand and concerns over the stability of Venezuela offer support price increases. WTI crude oil futures were at $ 49.33 a barrel, up 15 cents or 0.31 percent from its previous close. Brent crude oil traded at $ 50.15 a barrel, up 17 cents or 0.34 percent from the last close. Traders said there were doubts that the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers such as Russia will be able to effectively coordinate production restrictions to shore up prices. Cutting efforts pushed by Saudi Arabia, OPEC's largest producer, and is now supported at least by the Russians, but not members of the cartel's biggest oil producer in the world. The price of crude oil at the next trade will be in sentiment tug of war between optimism or pessimism of OPEC production cuts. But Venezuela and fears of increased demand can be sentiment supporting prices. Price Resistance is expected to move in the range of $ 49.80 - $ 50.30.
  19. In late trading Thursday morning, Rotterdam closed up coal prices triggered weakening by US dollar. The dollar index slipped after rising as high as 99.119 on Tuesday, its highest level since February 1, largely driven by expectations of a US interest rate hike in December. A weaker US dollar makes the price of coal rotterdam sold in US dollars become cheaper, so the demand is increasing. Rotterdam coal price futures for the most active contract, that contract ends in November 2016 peaked at 84.90 dollars per ton. The commodity price increased by 0.85 dollars or equivalent to 1.01 percent compared to the previous closing. Coal price movement in trading futures Rotterdam potentially further weaken the potential strengthening of the US dollar and potentially test the Support level at around 84.40 dollars and 83.90 dollars. While the Resistance level to be tested if there is an increase is at both 85.40 dollars and 85.90 dollars.
  20. Gold price movements on Asian session fall down after the price of this pair opened lower at 1267.00 in early Asia trading session (00:00 GMT), and is now rolling XAUUSD is at 1266.65. Gold price pressured by the dollar despite strong fundamentals of Asian stock markets were red. Fed rate hike sentiment still dominates the dollar strength to suppress the price of gold, according to the evening session of the US dollar continued strong potential. Technically XAUUSD is descend to the range of 1265.17-1259.61, but if it does not penetrate these ranges and the correction of prices would rise towards the range 1268.77- 1275.22. XAUUSD pair today is expected to have the support level at 1245.49 and resistance level at 1282.65.
  21. The price of sugar futures on the commodity exchange ICE Futures US in New York on Thursday morning (27/10) deteriorated, eroded by the weakening of crude oil prices. Crude oil prices fell nearly 2 percent in late trading Thursday morning (27/10) after increasing doubt OPEC will cut production, defeating positive sentiment weekly decline in US crude oil inventories reported by the US government. 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 decreased. The price of sugar futures most active is closed down by -0.26 cents, equivalent to -1.13 percent at 22.67 cents per pound. The price movement of raw sugar futures in New York on trade will weaken further limited by the strengthening US dollar. Price has potential to test suport level at 22.20 cents and 21.70 cents. While the level of resistance to be tested if the price drop is at 23.70 cents per pound.
  22. Tin price on Malaysian bourse rose on Thursday afternoon (27/10). The increase in the price of tin supported the weakening of the US dollar. The dollar index slipped after rising as high as 99.119 on Tuesday, largely driven by expectations of a US interest rate hike in December. A weaker US dollar makes the price of tin is sold in US dollars become cheaper, so the demand is increasing and the industrial metals prices traded at 20,500 dollars per ton, an increase of 200 dollars or 1.0 percent from the previous close of 20.300. Tonight will be released data Durable Goods Orders and Pending Home Sales: US September indicated increased. If realized, it will boost the US dollar. Analyst estimates that Malaysian tin price movement in trading potentially weakening further limited by the strengthening US dollar. Price will face the Support level at 20,300 dollars and if able to break it will fall towards 20,100 dollars.
  23. Cocoa futures price on ICE Futures in late trading Thursday morning (27/10) closed up. Strengthening cocoa prices triggered weakening US dollar. The dollar index slipped after rising as high as 99.119 on Tuesday, its highest level since 1 February, largely driven by expectations of a US interest rate hike in December. A weaker dollar makes commodities cocoa are priced in dollars become cheaper in other currencies and at the end of trading, the price of cocoa futures contract in December 2016, which is the most active contract was closed with an increase. The commodity price closed up by 34 dollars or 1.24 percent at 2,769 dollars per ton. Cocoa futures for the next trade will weaken by US dollar strengthening. This commodity has the potential to penetrate the support level at 2,720 dollar. If the Support level is successfully penetrated the next level is 2,670 dollars.
  24. ICE arabica coffee prices fell in late trading Thursday morning (27/10), triggered by profit-taking of investors. Profit taking took place after ICE Arabica coffee prices jumped 4 percent on the previous trading session after China lowered export projections. Arabica coffee futures prices at the close of trading early this morning weakened. Arabica coffee futures prices in December 2016 decreased by 0.80 dollars and closed at 1.6370 dollars per pound. Tonight will be released data Durable Goods Orders and Pending Home Sales: US September indicated increased. If realized, it will boost the US dollar. Analyst estimates that the price of arabica coffee futures for further trade has potential with be weaker because of strengthening US dollar. Support level at 1.6100 dollar and 1.5800 dollar are the target. While resistance level to be touched if there was a strengthening is at 1.6700 dollars and 1.7000 dollars.
  25. The price of CPO in Malaysia commodity exchanges on Thursday (27/10) afternoon observed to be weak compared to previous movement. A weaker CPO prices following the drop of Crude Oil futures on Dalian Commodity Exchange and the Chicago Board of Trade. The January contract for palm olein in China's Dalian Commodity Exchange fell as much as 0.27 percent Wednesday, CPO price most active contract on the commodity exchanges Malaysia today was weakened. The price ended down -26 ringgit or equal to -0.9 percent and traded at 2,770 ringgit per tonne. Analyst estimates that the CPO price movements in futures trading potential further weakened following the increase in oil prices in China and the rival Chicago exchanges. But if Yen continues to weaken and the price of crude oil rose, could give a boost price increases. CPO futures contract in January 2017 on commodity exchanges Malaysia has the potential to test support level at the position of 2,720 ringgit and 2,670 ringgit. While the resistance level to be tested if there is an increase is at 2,820 ringgit.
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