myregister

Sugar futures on the commodity exchange ICE Futures US in New York early on Friday (21/10) ended sharply lower triggered by the strengthening US dollar. US dollar index hit a seven-month high against a basket of currencies and a three-month peak against the euro after the European Central Bank kept interest rates unchanged. 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 the most active dipped by 1.44 percent at 22.62 cents per pound. Analyst estimates that the price movements of raw sugar futures in New York at the next trade will weaken with the potential strengthening of the US dollar also it has the potential to test the support level at 22.10 cents. While resistance level to be tested if the price rise is at 23.10 cents and then 23.60 cents per pound.

Gold price movements on Asian session (06:00:35 GMT / 13.00) is sluggish after the price successfuly opened higher at 1265.90 in early trading (0000 GMT), the gold price is now rolling at 1263.45 which entering its first strong support. Gold prices continue to weaken thanks to the profi taking earier on Asian session trading and also by the increase US dollar after the disappointment of the market wiith ECB's stance. Today there is no strong driving force that sustains US dollar, so depending on the sentiment that dominates its main rivals. Attitude dovish ECB overnight to negative sentiment for his main rival. Technically, Gold went steadily towards the range 1260.53 -1252.94, but if it is not up and penetrate these ranges are accompanied by positive sentiment, the price of gold can rise back towards 1268.40-1274.88. So it could be argued that the normal range XAUUSD is expected to have support level at 1245.87 and resistance level at 1279.88.

Arabica coffee futures on ICE Futures exchange at the close of New York trading Friday morning (21/10) ended weak against US Dollar. The weakening of arabica coffee prices depressed by strengthening of the US dollar. The US dollar index hit a seven-month high against a basket of currencies and a three-month peak against the euro after the European Central Bank kept interest rates unchanged. The increase in the US dollar makes commodities traded in the currency is becoming relatively more expensive for foreign buyers that follow eroded demand weakened. Arabica coffee futures prices for the most-active contract closed down in December 2016 at 1.5590 dollars, down by -1.95 cents or equal to -1.24 percent. Analyst estimates that the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade will weaken with the potential strengthening of US dollar and it has potential to test support level at 1.5300 dollars and 1.5000 dollars.

CPO in Malaysia commodity exchanges in trading Friday afternoon (21/10) was observed to fall. A weaker CPO prices this afternoon triggered weakening of crude oil in the Asian trading session. Crude oil prices are still moving weaker on Asian session, weighed down by a stronger dollar, but supported by signs of the fuel market balance after two years of oversupply. 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 -16 ringgit or -0.60 percent and traded at 2,702 ringgit per tonne. Analyst estimates that CPO price on the next trade will pay attention to the movement of crude oil prices, which if it continues to weaken will push CPO up. Price movements can also be affected by currency movements Ringgit and the global supply and demand conditions. CPO futures contract prices on commodity exchanges has the potential to test support level at 2,650 ringgit.

Crude oil prices are still moving weaker in the Asian session on Friday afternoon (21/10), weighed down by a stronger dollar, but supported by signs of the fuel market balance after two years of oversupply. The US dollar rose to its highest level since March against a basket of other major currencies on Thursday, potentially depress demand as fuel becomes more expensive for countries that use other currencies. US crude oil futures price of West Texas Intermediate (WTI) traded at $ 50.51 a barrel, down 9 cents, or 0.18 percent. Meanwhile, crude oil futures prices International benchmark Brent fell 3 cents, or 0.06 percent, at $ 51.35 per barrel. Crude oil prices fell more than 2 percent in the previous session pressured the US dollar surge. Despite the fall, the overall sentiment in the oil market is optimistic because financial investors are still keen to pour more money into the crude oil futures, and there are also signs of tightening oil market physical. Organization of Petroleum Exporting Countries (OPEC) plans to cut production 0.5 to 1 million barrels per day after the meeting on 30 November. OPEC's current output stood at a record 33.6 million barrels per day. Bernstein's Beveridge said that due to OPEC cuts and general market conditions, forecast the price back to $ 60 per barrel in 2017 and $ 70 per barrel in 2018 ?, adding that higher prices would be prevented by increased production outside OPEC. US crude oil production has fallen nearly 12 percent since the peak in 2015, to around 8.5 million barrels per day, but the increase in drilling activity has slightly raised production again in recent weeks, in what some analysts say this is an early indicator that US shale industry has adapted to lower the price and can operate at around $ 50 per barrel. Analyst estimates that the price of crude oil at the next trade may drop by the strengthening US dollar. But if optimism cuts OPEC crude oil production increased, will support the increase in crude oil prices. The price is expected to move within the range $ 50.00 - $ 49.50, whereas if the price rises will move in the range of $ 51,00- $ 51.50.

Natural rubber prices on Tocom futures trading ended down. Weakening Tocom rubber prices decline affected by crude oil prices which eroded on Asian session. Crude oil prices are still moving weaker in Asia session on Friday afternoon (21/10), weighed down by a stronger dollar, but supported by signs of the fuel market balance after two years of oversupply. The US dollar rose to its highest level since March against a basket of other major currencies on Thursday, potentially depress demand as fuel becomes more expensive for countries that use other currencies. In today's trading, Rubber price fell by -2.2 yen or -1.25 percent, to 173.9 yen per kilogram, down from its previous close at 176 , 1 yen per kilogram. Analyst estimates that the price of Natural Rubber movement on Tocom next session will weaken the potential weakening of crude oil that can push Rubber. But also need to be observed Yen movements that can affect the price of rubber Tocom. Commodity prices of Tocom rubber futures exchange will test the support level at 169.00 yen and 164.00 yen. Prices will meet resistance at the level of 179.00 and 184.00 yen if the price is in positive territory.

After the Office for National Statistics (ONS) in the last 2 days of economic data announced impressive financial market players globally, but on Thursday (20/10) published data that helped weaken the exchange rate of pounds to European trading session. Since the beginning of Asian session the pound had a negative move continued the previous trading channels. Also on this night do the EU summit for 2 consecutive days, where the British are still present at the meeting represented the British prime minister Theresa May. In the meeting, Theresa will describe his thoughts on Brexit process will be conducted in April 2017. This meeting is expected to provide fundamental improvements pounds. ONS data published today in the form of data retail sales were still below expectations. Pound exchange rate movements in European session weakened against US dollar, after the price opened lower than the previous trading in the position of 1.2285 in early trading Asian session (0000 GMT), the exchange rate pound fell 17 pips and the pair is rolling are at 1.2268 position. For the next trade until the close of trading ending the American session tomorrow morning, analyst estimates pair GBPUSD will fall again and to the deeper current price level or towards the range between this support which is at 1.2237 - 1.2187. But if there is a correction to climb back into the range of 1.2306-1.2345.

Selling pressure against Euro still continues to trade even up to the European session on Thursday (20/10), which has been going on since two days ago, and triggered market doubts whether the ECB will announce plans to cut the tapering QE bond purchase program after ending up in March 2017. Tonight the ECB will announce its latest monetary policy which is not expected to change interest rate policy. In addition to the announcement of interest rates, the market previously expected given the QE tapering signal. But also reported that the ECB may delay convey this QE policy in December. Euro exchange rates movements on European session weakened against the US dollar, after the price of this pair opened higher than the previous trading at 1.0974 in early Asian trade (0000 GMT), the Euro exchange rate of natural increase of 14 pips and is now rolling at 1.0970. For the next trade until the close of trading ending the American session tomorrow morning, analyst estimates that technically EURUSD pair will go up to the range 1.0985 - 1.1019 if the decline in the current pair did not reach the range between 1.0948-1.0917.

After a successful long rally for 6 consecutive days, aussie dollar exchange rate fell very sharply by profit taking huge responded Australian jobs data release in September on Thursday morning (20/10). Aussie reached its highest level in five weeks against the dollar also trimmed by sentiment cuts credit rating by S & P. Other sentiment that made the aussie fell trim gains during the last two trading days came from the drop in crude oil prices by profit taking the market as well as the state's iron ore prices. Australian dollar exchange rate movements of the European session moves so weak against the US dollar, after opening higher at 0.7723 in early Asian trade, the Australian dollar exchange rate is now at 0.7657. For subsequent trade to the American trading session this evening, analyst estimates that the AUDUSD pair is descending on to the range of 0.7651-0.7597. However, if not managed to achieve this range will be corrected back up to the 0.7698-0.7767 range.

In the middle of European session forex trading Thursday (20/10), US dollar has rebounded since the Asian session remained bullish on track to respond to the statement Fed officials William Duedley a few hours ago that gave strength Fed rate hike expectations in December this year. Since the beginning of the week the market was let down by some of the less stable economic data buoyed sentiment the fed rate hike as inflation data, industrial production and manufacturing performance indicators New York. But the strength of the US dollar is feared only a moment, because in the American session there is a negative sentiment for the shadows of the data jobless claims and the Philly Fed data also. The negative sentiment coming this evening come from periods of data unemployment claims last week and Philadelphia manufacturing performance data according to Fed data is expected to show negative data. But there is a positive reinforcement data is data US existing home sales in September. 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 opened lower at 97.85 and is now moving position at the position 97.96.

The movement of USDJPY on the end of the Asian session is quite strong after the price of this pair opened lower at 103.43 in early trading (0000 GMT), and now the pair is at 103.74. Yen naturally entered the European session on profit taking after 3 days of rally, sparked the revival of the power of Fed rate hike expectations in December respond William Dudley statement Fed officials who expect a Fed rate hike happening this year. But in the American session the yen could rise again if the US dollar weakened Data jobless claims and the Philly Fed. So, technically USDJPY may still rise up towards the range between 103.82-104.11, the pair will fall back into the range of 103.31-102.63. So the normal range of USDJPY pair is estimated to have support level at 102.18 and resistance level at 104.51.

At the end of trading on Thursday morning (20/10), coal prices depressed Rotterdam ended weak on profit taking after yesterday surging coal prices. Coal prices have jumped nearly 6 percent on Tuesday, supported the increase in crude oil, and for three sessions this week has increased by 8 percent. The surge in the price of coal is utilized traders to take profits. Rotterdam coal price futures for the most active contract is a contract in November 2016 slumped towards the rate of 80.60 dollars per ton. Commodity prices decreased by -2.70 dollars, equivalent to -3.24 percent compared to the previous closing, and overall this means that bearish sentiment is coming. So coal futures price estimated that coal futures price movements Rotterdam at the next trade will examine the movement of crude oil prices pressured a weak potential profit taking. The price of coal futures potentially test support level at 80.10 dollars. While resistance level to be tested if the price increase is at 81.10 dollars and 81.60 dollars.

Gold price movements on Asian session observed to be bullish after the price of this precious commodity opened higher at 1269.60 in early trading (0000 GMT), and right now the gold price is now rolling at 1270.85. The price of gold had strong resistant translucent. Gold prices managed to penetrate the strong resistance on Asian session after the last American presidential debate, where the market is dubious both candidates. But hopes of Fed rate hike in December rose again after William Dudley stated Fed rate hike is not daunting for anyone and cut gold's strength. In the evening session there is a negative sentiment burdensome US dollars and it can be lifted back the price of gold. Technically, the price of gold is falling towards the range between 1266.53 -1253.91, but if it is not up and breaks the range of gold's price can rise back towards 1272.89- 1280.46. So Analyst argued that the normal range XAUUSD pair today is expected to have the support level at 1247.06 and resistance level at 1285.19.

The price of sugar futures on the commodity exchange ICE Futures US in New York early on Thursday (20/10) ended weaker triggered expectations of increased production of sugar India. The sugar factory in top producer Maharashtra in western India is allowed to start operation of 5th November, almost a month earlier than the date of commencement earlier, a senior government official told Reuters. 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 0.07 cents or equal to 0.30 percent at 22.95 cents per pound. Raw sugar futures in New York at the next trade will weaken with the potential strengthening of US dollar. The prices of also have the potential to test suport level at 22.50 cents. While the level of resistance to be tested if the price increase is at 24.00 cents per pound.

Arabica coffee prices fell in late trading Thursday morning (20/10), triggered profit-taking investors. On ICE Arabica coffee prices continued to strengthen this week. In this week's trading session, the price of Arabica coffee rose about 2 percent. This increase was utilized merchants to make profit taking. Arabica coffee futures prices at the close of trading early this morning weakened. Arabica coffee futures prices in December 2016 fell by 0.90 dollars and closed at 1.5785 dollars per pound. Tonight will be released September Existing Home Sales data is indicated ride. If these results are realized, it will strengthen the US dollar. Arabica coffee futures for subsequent trade potentially weak with the potential strengthening of US dollar. The price of Arabica coffee futures on ICE has potential to test support at 1.5500 dollars and 1.5200 dollars. While the resistance to be meet that will be encountered if there was a strengthening there is at 1.6100 dollars and 1.6300 dollars.

Cocoa futures price on ICE Futures at the end of trading on Thursday morning (20/10) closed up. Strengthening cocoa prices as the market awaited data is grinding the third quarter for North America are scheduled to be published on Thursday. Traders and analysts expect a rise year-on-year of about two to three percent following a 2.9 percent rise in third-quarter European milling. At the end of trading early this morning Cocoa's price contracts in December 2016 which is the most active contract closed with a record increase was observed. The commodity price closed up by 26 dollars, or 0.96 percent at 2,724 dollars per ton. Analyst estimates that Cocoa futures for the next trade will examine data releases North American mills that if the increase will strengthen the price of cocoa and potentially penetrate resistance level at 2,770 dollar.

The price of tin in Malaysia Stock Exchange rose on Thursday afternoon. The increase in the price of tin supported the positive sentiment on Wall Street and a strengthening of Europe. Stocks closed higher in late trading on Thursday morning, boosted earnings reports issuer better than expected and rising oil prices. European stock exchanges closed in the green zone at the end of trading on Wednesday night (19/10), supported by rising oil prices because, while investors were also cautious ahead of the release of the data and the Federal Reserve meeting of the European Central Bank (ECB) on Thursday. Since that Tin futures price on Malaysia commodity exchange observed a rise today. The industrial metals prices traded at 20,000 dollars per ton, up $ 200 dollars, or 1.01 percent from its previous close at 19,800. Tonight will be released September Existing Home Sales data is indicated a bull sentiment. If these results are realized, it will strengthen the US dollar. Malaysian tin price movements at the next trade will weaken limited to the potential strengthening of the US dollar. Price will face support level at 19,800 dollars and 19,600 dollars. But if there is an increase, the price of tin will face resistance level at 20,200 dollars and 20,400 dollars.

Crude oil prices slumped on Thursday afternoon (20/10) on Asian session pressured profit-taking after the market rally the previous day as the result of withdrawals in weekly US crude inventories and expectations of OPEC production cuts led. Crude oil futures price of West Texas Intermediate (WTI) traded at $ 51.38 a barrel, down 22 cents or 0.43 percent. While the price of crude oil futures international benchmark Brent traded at $ 52.53 a barrel, down 14 cents, or 0.27 percent. Traders said that the price reduction was due to profit-taking following a rally the previous day, which saw WTI ended at 15-month high, driven by a decline in US crude inventories of 5.2 million barrels in the week ending October 14 became 468.7 million barrels , The overall atmosphere in the oil market remains optimistic, with most analysts expect further increases. OPEC plans to meet on November 30 and hope to break the half million to one million barrels per day of oil production decline, and cartel producers expect non-OPEC exporters, especially Russia, will cooperate. It estimated that the price of crude oil at the next trade may decline as profit-taking continued. But if optimism cuts OPEC crude oil production increased, will support the increase on crude oil prices. The price is expected to move within the range between $ 50.90 - $ 50.40, whereas if the price rises will move in the range between $ 51,90- $ 52.40.

CPO futures price in Malaysia observed commodity exchanges rose on Thursday afternoon (20/10). CPO price increases following the increase in soybean oil as a rival. Soybean futures on the Chicago stock exchange rose and traded close to a three-week highs hit earlier this week with prices supported by rising demand, led by Chinese importers. The soybean trade on the Chicago Board Of Trade rose 0.3 percent to $ 9.84 per bushel, after rising 0.9 percent on Wednesday. CPO price most active contract seems to have increased. The contract price in January 2017 which is the most active contract gained as much as 15 ringgit, or 0.55 percent and traded at 2,747 ringgit per tonne. Analyst estimates that the price movement of CPO futures at the next trade has the potential to increase the potential gain in soybean prices in the Chicago Stock Exchange. CPO futures contract prices on commodity exchanges in January 2017 Malaysia has the potential to test resistance level at 2,800 ringgit.

Natural rubber prices Tocom futures trading on Thursday afternoon (20/10) ended down. Weakening rubber prices triggered by the decline in crude oil prices dampened on Asian session. Crude oil prices slumped on Thursday afternoon pressured profit-taking after the market rally the previous day as the result of withdrawals in weekly US crude inventories and expectations of OPEC production cuts led. 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, Rubber futures for the most active contract on Tokyo commodity exchanges fell by 0.6 yen or 0.34 percent, to 176.1 yen per kilogram, down from its previous close at 176. Tocom rubber futures trading next session will weaken as the potential weakening of crude oil that can push prices of Rubber. But also need to be observed movement of Yen which is weakened this afternoon, and if it continues will strengthen Tocom rubber prices. Rubber futures exchange will test support level at 171.00 yen and 166.00 yen. Prices will meet resistance at 181.00 and 196.00 yen if the price is in positive territory.

The movement of USDJPY in the end of Asian session (06:00:35 GMT / 13.00) is sluggish after the price of this pair opened lower at 103.86 in early trading (0000 GMT), and now the pair is keep moving towards 103.72. Yen is still moving end of the Asian session positive after earlier trading just slightly higher against the US dollar. The yen was weaker in the Asian session but rose again to respond to the consolidation of the Chinese GDP data. But in the American session can be slid back if the dollar got a rebound power with the US data. Technically USDJPY has quite big chance to fall to the range of 103.58-103.10, but if it is not until this range then the pair will climb back into the range of 103.99-104.24. So it couldbe argued that the normal range of USDJPY pair is estimated to have the support level at 103.02 and the resistance level at 104.61.

In the middle of the European session forex trading Wednesday Euro seems trying to pick up momentum of weakening US dollar to move gradually from position 7-month low. Stepping out of the euro for the position already gained in early trading last week when the pair EURUSD rebound. The strong foothold obtained from the monthly ECB meeting on Thursday when they will announce the latest monetary policy where interest rates will not be changed. However, the market expects ECB to give a strong signal about the prospects of the continuation of stimulus next year after ending in March 2017. Euro exchange rate on EU session observed to strengthened against US dollar, after the price opened opening lower than the previous trading at 1.0980 area on early Asian session trading (0000 GMT), the Euro exchange rate of natural increase of 14 pips and is now rolling at 1.0994 For the next trade until the close of trading ending the American session tomorrow morning, analyst Vibiz Research Center estimates that the EURUSD pair will continue to rise to the range 1.1010 - 1.1045. But if it is not able to achieve this range then the next pair may drop again reaches the range of 1.0981-1.0925.

The weakening of these expectations is getting stronger when the data rate of US inflation period in September released overnight less encouraging although the CPI rose in line with expectations, but core CPI actually declined. Market disappointment and removing the asset and collecting sizable dollar yen is quite large. The next movement of US dollar remains weak despite positive sentiment that tried lifting from the data building permits and housing starts September period. Both data showing the performance of the US property market is projected to increase slightly from the previous period. Strength even this data is expected to remain underpowered generate dollars. The dollar index, which measures the strength of the US dollar against six major currencies moving trading weak after the start of trading the Asian session opened lower at 97.85 and is now moving position at the position 97.67.

A Step into European trading session on Wednesday (19/10), aussie dollar exchange rate which has rallied over 5 consecutive days of positive sentiment continues to move above. Until the American session there a data of US properties that little energy to lift the US dollar. Workers rally in the aussie was also obtained from the consolidation of Chinese GDP data and rising crude oil prices. China's economy grew 6.7 percent in the third quarter from a year earlier, steady from the previous quarter and in line with market expectations, with increased government spending and the property boom offset weak exports. Australian dollar exchange rate movements of the European session moves so strong against the US dollar, after this pair actually opened higher price at 0.7668 in early Asian trade (0000 GMT), the Australian dollar exchange rate is now rolling on 0.7682. For subsequent trade to the American trading session this evening, Many analyst estimate AUDUSD pair will continue to rise into the range of 0.7693-0.7717. However, if not managed to achieve this range will be corrected back to the range of 0.7659-0.7605.

After the Office for National Statistics (ONS) on Tuesday (18/9) announced encouraging data for the inflation rate of the country, on Wednesday (19/10) again announced the UK labor market performance is passable. Responding from the ONS announcement, GBP on European session attempt to rally despite efforts intercepted profit-taking market. ONS announced the United Kingdom the number of unemployed rose 10,000 to 1.66 million in the quarter to August, but the overall unemployment rate remained unchanged at 11-year low of 4.9%. The rise in the number of UK unemployment in September was the same as the previous month period. Pound exchange rate movements in European session strengthened against the US dollar, after the price of this pair opened higher than the previous trading which is located at 1.2297 in early trading of Asian session (0000 GMT), the exchange rate pound rose 11 pips and the pair is rolling are at 1.2308. For the next trade until the close of trading ending the American session tomorrow morning, analyst estimates GBPUSD pair will continue to rise to the range 1.2345 - 1.2471. But if it does not reach the range of the pair can be slid back into the range of 1.2245-1.2188.