myregister

Australian Dollar exchange rate in Europe Union Session move weaker against the US dollar, after AUDUSD's price opened higher at 0.7679 in early trading , right now it observed that the price fall down around 24 pips and the rolling price for this pair is at 0,7655. Pair has reached the range of strong support. Aussie entered European session unspoiled, despite the profit taking large daily pass some positive momentum as the data to higher commodity prices, interest rates unchanged in line with expectations that overshadowed the bad building aprovals the data and also ANZ job data advertisements survey. Technically AUDUSD will continue to fall into the range between 0.7643-0.7625, but if there is a correction then the pair may rise towards the range between 0.7693-0.7720. So It could be argued here that the the normal range of AUDUSD pair is estimated to have the support level at 0.7609 and the resistance level at 0.7720.

Cocoa price on ICE Futures continues finished up. Strengthening cocoa prices continue to be driven an increase in the price of cocoa in Ivory Coast and Ghana. Ghana, the second largest cocoa producer in the world, will increase the minimum price paid to farmers for their beans by 12 percent from the previous season. Ghana raised the price after neighboring Ivory Coast, the largest grower, the world improve farmers' payments by 10 percent for the new season. At the end of trading early this morning the price of cocoa futures contracts closed with a record increase was observed. Cocoa futures closed up by 32 dollars, or 1.16 percent at 2,793 dollars per ton. Cocoa futures for the next trade will weaken with the potential strengthening of US dollar. For the next trading price of cocoa futures on ICE Futures New York could potentially fall through support at 2740 dollars. While resistance that will penetrate if there is an increase is at 2,840 dollars and 2,890 dollars.

Tocom rubber prices on the Tuesday trading session on afternoon (04/10) was observed to rise. Prices of natural rubber futures for the most active contract, namely March 2017 helped by the weakened Yen. USDJPY currency pair traded up around 0.6 percent at 102.21. A weaker yen makes Tocom futures price of natural rubber rose. For overseas buyers with a weakening yen makes this commodity traded in the currency has become relatively cheaper, so the demand has increased. Natural rubber prices in Tocom for rose by 2.6 yen or 1.6 percent at 166.00 yen per kilogram, an increase compared to the previous closing at 163.40 yen per kilogram. Tocom rubber price movements in the next trading session today still appreciate by the weakening yen. For the next trading session price is expected to meet resistance at 171.00 yen. No further resistance at 176.00 yen. Meanwhile if there is a decline then will meet support at 161.00 yen.

Crude oil prices slumped on Tuesday (04/10) in Asia session, weighed down by a rise in exports of Iran which adds to global oversupply, although OPEC plans to cut production of crude oil this year. US crude oil futures price of West Texas Intermediate (WTI) crude oil was down 20 cents or 0.41 percent to $ 48.61 per barrel, while International crude oil futures prices Brent traded at $ 50.77 a barrel, down 12 cents or 0.24 percent from its previous close. Traders said prices depressed by the latest hike in the sales of Iranian crude oil and condensate, which is likely to reach about 2.8 million barrels per day (bpd) in September, almost culminating in the delivery before sanctions are imposed on manufacturers of OPEC in 2011. Analysts say Iran will strive to increase production further and reach the level of pre-sanctions make it more likely Tehran will agree on some form of production constraints with other members of the Organization of Petroleum Exporting Countries (OPEC), including rival regional Saudi Arabia, which also pumps oil approaching record levels. The US bank said the price factor is important to be seen in the coming weeks, including discussions on the production of the members of the non-OPEC, especially with Russia, production in OPEC as its members try to squeeze the oil before it is cut or frozen, hedging by producers to 2017 as a guide to future prices, and US inventories and import data. Crude oil prices will weaken US dollar and depressed through strengthening global glut concerns, while new production cut deal will be held next November. Crude oil prices are expected to move in the range between the support at $ 48,10- $ 47.60, and if the price rises will move in the range of resistance betwee $ 49,10- $ 49.60.

At the end of trading Tuesday morning, Rotterdam coal price rise pushed by US crude oil price which increases. Crude oil prices rose about 1 percent in late morning trading Tuesday after the Iranian leader's comments urgent need for other oil producers to join OPEC in favor of the market. At the end of the trading price of coal Rotterdam futures contract for November 2016 at 73.25 dollars per ton. Commodity prices gained around 3.80 dollars or equivalent to 5.47 percent compared to the previous closing. So today it estimated that Coal's Rotterdam price at the next trade has potential to weaken as the ongoing weakening of oil prices depressed the supply glut. The price of coal futures could potentially test the support level at 72.75 dollars first and then fall towardsf 72.25 dollars. While the level of resistance to be tested if the price increase is at of 73.75 dollars and then to around 74.25 dollars.

Arabica coffee futures on ICE Futures exchange New York at the close of trading on Tuesday morning (04/10) ends plummeted. The weakening of arabica coffee prices depressed by strengthening of US dollar. 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 in December 2016 closed retreat to around 1.4755 dollars, down by 4.00 cents or equal to 2.64 percent. Arabica coffee futures on ICE Futures US in New York at the next trade will weaken with the potential strengthening of the US dollar. The price of Arabica coffee futures has the potential to test support at 1.4450 dollars and 1.4150 dollars. While the level of resistance that will be encountered if the decline in prices is at 1.5050 dollars and 1.5350 dollars.

Euro exchange rate movements in the end of Asia session move in negative manner against US Dollar after the current price actually opened higher at 1.1212 in early trading, Euro exchange rate rolling value right now is at 1.1187. Pair has gone through a range of strong support. Euro is moving weak since the beginning of Asia session by the strength of the US dollar after the solid US PMI manufacturing data from the ISM survey continued amid a lack of fundamental driving force as strong as the previous trade. Data that can add to the weakening euro is that Spanish unemployment data which expected to increase. It seems that EURUSD decline further towards the range between 1.1174-1.1157, and if it is not up to that range then this pair may rise again towards range between 1.1219-1.1250 And today is expected to have a level support at 1.1157 and the resistance level at 1.1268.

Sugar futures on ICE Futures US in New York Tuesday morning (04/10) ended down depressed by strengthening US dollar. US dollar index, which measures the dollar against a basket of currencies, rose 0.26 percent after growth in the US manufacturing sector returned to expansion in September. 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 observed decline. The price of sugar futures have closed the most active dipped by 0.33 cents or equal to 1.43 percent at 22.67 cents per pound. Raw sugar futures in New York at the next trade will weaken with the potential strengthening of US dollar. Prices of raw sugar futures on ICE Futures US in New York has the potential to test support at 22.20 cents and 21.70 cents. While the level of resistance to be tested if the price rise is at 23.20 cents and 23.70 cents per pound.

CPO futures price in Malaysia commodity exchanges on Tuesday (04/10) was observed to fall. A weaker CPO prices this afternoon triggered by the weakening of crude oil in Asia trading session. Crude oil prices weighed down by a rise in exports of Iran which adds to global oversupply, although OPEC plans to cut production of crude oil this year. US crude oil futures price of West Texas Intermediate (WTI) crude oil was down 20 cents or 0.41 percent to $ 48.61 per barrel. While International crude oil futures prices Brent traded at $ 50.77 a barrel, down 12 cents or 0.24 percent from its previous close. CPO price most active contract on the commodity exchanges Malaysia today seems weakened -50 or -1.9 percent and traded at 2,586 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. CPO futures contract prices on commodity exchanges in December 2016 Malaysia has the potential to test the support level at 2,540 ringgit and then towards 2,490 ringgit. While the level of resistance to be tested if there was a strengthening is at 2,640 ringgit and 2,690 ringgit.

The price of tin in Malaysia Stock Exchange fell in Friday trading (12/08). Falling prices depressed by the strengthening of US dollar. The US dollar index, which measures the dollar against a basket of currencies, rose 0.26 percent after growth in the US manufacturing sector returned to expansion in September. 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. The industrial metals prices traded at 20,000 dollars per tonne, down by 80 dollars, or 0.4 percent from its previous close at 20,080. Analyst estimates that Malaysian tin price movements at the next trade will weakening with the potential of strengthening US Dollar. Price will face the level of support 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.

Tocom rubber prices on the Monday's afternoon trading session observed to finished up. Natural rubber futures prices for the most-active contract March 2017 rise to the higher price level and triggered by the strengthening of the Tokyo stock exchange. Japan's Nikkei Stock Index at the end of trading on Monday (03/10) ends positively. Strengthening of Nikkei Index supported by the strengthening of Wall Street and the increasing growth of Japanese manufacturing. Natural rubber prices in Tocom for the most active contract, namely to contract this afternoon ended March 2017 rose by 0.1 percent at 163.40 yen per kilogram, an increase compared to the previous closing at 163.30 yen per kilogram. Analyst estimates that Tocom rubber price movement at the next trade will rise helped by the strengthening of the Tokyo stock exchange. However, it should be observed that if the potential of a strong yen continues could depress prices. For the next trading session price is expected to meet the resistance level at 168.00 yen. No further resistance at 173.00 yen. Meanwhile if the price drops will find support is at 158.00 yen and 153.00 yen.

CPO commodity exchange market in Malaysia on Monday is a holiday. At the weekend trading on Saturday, the CPO price for a most-active contract in December 2016 settled up 18 ringgit or 2636 ringgit per ton. During September, the price of CPO increased by 1.3 percent. For the next trade, it is necessary to observe some of the sentiment driving which drive the CPO's price. Tonight will released ISM Non-Manufacturing PMI September which indicated increased. If realized, it will strengthen US dollar so as to suppress Ringgit. If the result make ringgit weaker then it will raise the price of CPO. But also need to be observed the movement of crude oil prices which become an important driver in CPO prices. In Asian trading session this afternoon, crude oil prices depressed pessimism success OPEC production freezing. With two sentiments are mixed, it is to be seen where the most powerful sentiment that will determine the price. CPO futures prices at the next trade will notice Ringgit currency movements and oil prices. Also it potentially test the support level at 2,590 ringgit. While the level of resistance to be tested if there was a strengthening is at 2.710 ringgit and 2,760 ringgit.

Pound exchange rate movements on early European session (08:00:35 GMT) moves negatively against US dollar after the price opened lower at 1.2933 in early trading (0000 GMT), the exchange rate of pound observed fall around 94 pips and the rolling values is at 1.2861. Pair has reached strong support. Pound's movement on Europe session seems to be weaker and continue the trend since previous trading by the attitude of British government which will announce officially out of EU at the end of March 2017. In addition, the pair will be weakened if the Markit manufacturing data in September show a decline in the result. Technically GBPUSD could fall again into the range between 1.2837-1.2788, however if the correction happened to this pair then the price would rise towards the range between 1.2955-1.3035 . So it could be argued that the normal range of GBPUSD is estimated to have support level at 1.2865 and resistance level at 1.3086.

Tin market in Malaysia Stock Exchange on Monday is a holiday. However in the last trading on the end of previous week (30/09), the tin price rose 100 dollars, or 0.5 percent. During September, the price of tin has achieved impressive results, jumped 9.3 percent. Tin price increases supported by various positive sentiment, especially in the last week of September with the support of the strengthening of global stock markets after the victory of US Presidential candidate debate Hillary Clinton on Donald Trump. Likewise, China's economic data such as growth in manufacturing and an increase in imports, providing support for the price of tin. In trading, the price of tin will examine some of the important sentiment. Tonight will release the ISM Non-Manufacturing PMI September indicated increased. If realized, it will strengthen the US dollar. Tin price movements at the next trade will weaken limited to the potential strengthening of the US dollar. Price will face the support 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

Euro exchange rate movement in the early of European session (07:45:35 GMT / 14:45 pm) move in bullish sentiment against US Dollar after the price of this pair opened higher at 1.1239 in early trading (0000 GMT), the Euro exchange rate is now rolling on at 1.1237 also EURUSD successfully penetrated the strong support range. Euro exchange rate which move weaker in early Asia session by profit taking after last week's market rally for 3 consecutive days. Euro gained strength this afternoon by the release of economic data by Markit survey for the euro area manufacturing performance, in which the data released for the month of september naturally improved from the previous period even exceeded expectations. Technically, EURUSD is expected to have the support level at 1.1119 and the resistance level at 1.1330 and if the price able to break the resistance EURUSD will rise towards the range between 1.1261-1.1303, but if correction happens the price will fall down to the range between 1.1218-1.1147.

The price of Arabica Cofee futures on ICE futures New York on the closing of trading last week ended up with the price rise to higher level. This bullish sentiment of Arabic Coffee futures supported by the weakening of US Dollar. US Dollar index still weakening after US consument spending surprisingly fall around 0.1 percent on August, after take the inflation into the account fir the first itme in 7 months, while inflation show the signal for speedy recovery. The weakening of US Dollar makes Arabica Coffee price which sold in USD become cheaper and increase the demand. Coffee futures pprie for the most active contract which is December 2016 closed with bullish sentiment to around 1.5155 dollars, rise around 1.40 cent or equal to 0.93 percents. In weekly terms, Coffee rise slightly around 0.1 percent with bearish sentiment towards Real and profit taking action. In monthly Coffee futures price rose significantly around 3.77%, mostly supported by US Dollar weakening and the strengthening of Real also Production increase. Analyst estimate that the rpice of Arabic Coffee futures on ICE futures will have potential to fall down with the strengthening potential of US Dollar. Arabica Coffee futures price has potential to test support at 1,4850 dollar and 1,4550 dollar. While support level which must be face if there is bearish sentiment support level which must be faced at 1,5450 dollar.

Gold price movements on European session (06:35:35 GMT / 13.40 pm) is sluggish after the price of this precious commodity opened lower at 1318.45 in early trading (0000 GMT), the gold price rolling value is now at 1315.80. Overall the price of gold in the early of Europe session still shows the weak movement which continue the earlier pressure by the strong momentum of the US dollar and also the consolidation of stock exchanges in Asia and Europe as respond to waning market concerns will be a crisis Deutsche Bank last week. Technically, gold will continue to move down towards 1312.81-1306.74, and if it does not achieve the expected range of correction can ascend to between 1319.32-1325.28. So it seems that the normal range for XAUUSD pair today is expected to have the support level at 1300.97 and resistance level at 1339.70.

Crude oil prices fall down this Monday (03/10) on Asia session, despite an agreement last week by exporters to cut production, with doubts OPEC measures to control production has exceeded consumption. US crude oil futures price of West Texas Intermediate (WTI) fell 0.48 percent, at $ 48.01 per barrel. While the price of Brent crude oil futures traded down 0.24 percent, at $ 50.07 per barrel. Oil trading activities will be limited on Monday due to a public holiday in China and Germany, as the largest market in Asia and in Europe. Price falls came despite an agreement last week by members of the Organization of Petroleum Exporting Countries (OPEC) to cut output to between 32.5 million barrels per day (bpd) to 33.0 million barrels per day from 33.5 million barrels per day, with details to be completed in OPEC policy meeting in November. Traders said the price go lower despite the cuts were announced as the excess remains in place for a while, and as planned intervention may not be enough to bring production back to, or below, the consumption. Market skepticism stems from the fact that the production of OPEC are pursuing a new record this year with competition members such as Saudi Arabia, Iran and Iraq are reluctant to give market share. As a result, OPEC oil production is likely to reach 33.60 million barrels per day in September from a revised 33.53 million bpd in August, the highest in history, a Reuters survey on Friday. Even so, the British bank said that it does not expect a repeat of the crisis have seen the end of last year after an earlier rally in 2015. Tonight will release ISM Non-Manufacturing PMI September which indicated increased. If realized, it will strengthen the US dollar. Analyst estimates that crude oil prices will weaken depressed tonight by strengthening US dollar. Crude oil prices are expected to move in the range between $ 47,50- $ 47.00, and if the price rises will move in the range between $ 48,50- $ 49.00.

Aussie exchange rate movements on Asia session (05:05:35 GMT) engaged weak against US dollar, after the current price opened higher at 0.7636 in early trading (0000 GMT), AUDUSD rate fell around 36 pips and rolling values of this pair ​​are at 0,7600. Pair has reached the range of strong support. Aussie in the end of Asia session still show a weakening movement since the profit taking by the market as the respond to the decline in oil prices crude which has been rallied for 3 consecutive days. And in the evening session or NY session/America session, US dollar is expected to be stronger by its PMI manufacturing performance data releases. Technically AUDUSD will continue to fall into the range between 0.7630-0.7570, but if there is a correction, the pair may rise towards the range between 0.7641-0.7712. So it could be argued that the normal range of AUDUSD is estimated to have the support level at 0.7537 and the resistance level at 0.7742.

The movement of USDJPY in the end of European session (05:40:35 GMT) to move weaker after the price opened higher at 101.42 in early trading (0000 GMT), and now the pair's price is located at 101.33. Yen climbed back when entering the European session after the start of the session to continue weakening on earlier trade pressure. Yen's strength will emerge by market considerations crisis experienced by Deutsche Bank. Besides market data released by BOE for the Tankan index showed business sentiment of the country is great. Technically USDJPY will decline further towards the range between 100.66-100.07, but if there is a correction will rise towards the range between 101,81-102.25. So it could be argued that the normal range for USDJPY pair is estimated to have the support level at 99.81 and the resistance level at 102.83.

Cocoa futures price on ICE Futures last trading on weekend early Saturday closed up. Strengthening cocoa prices triggered by an increase in the price of cocoa at Ivory Coast and Ghana. Ghana, the second largest cocoa producer in the world, will increase the minimum price paid to farmers for their beans by 12 percent from the previous season. Ghana raised the price after neighboring Ivory Coast, the largest grower, the world improve farmers' payments by 10 percent for the new season.At the end of trading early this morning the price of cocoa futures contracts in December 2016 closed with a record increase was observed. The commodity price closed up by 1.21 percent at 2,761 dollars per ton. In the weekly price of cocoa slumped -3.19 percent, largely triggered forecasts of production surplus and weakening demand. While the monthly price of cocoa is getting dropped 4.19 percent, largely triggered by the cancellation of the export which happened three weeks ago, also the strengthening of US dollar. Cocoa's futures price will weaken with the potential strengthening of US dollar. For the next trading price of cocoa futures on ICE Futures New York could potentially fall through the level of support at 2.710 dollars. While the level of resistance that will penetrate if there is an increase is at 2,810 dollars and then 2,860 dollars.

Venturing the forex trading on Asia session previous weekend (30/9) the opening of US dollar rebounded against all of its main rivals after last weekend's natural selling pressure is quite big thanks to the sentiment. Observed is still moving strong to weak fundamentals such rivals. Dollar's Index today's trading will lead all major rivals, due to fundamental weakness of USD rival by the release of economic data they were less than impressive. In the European session, Markit will release final data of Eurozone manufacturing business performance and English were lower than the previous period. Similarly in US session dollar rally by the contribution of labor potential of the country's manufacturing performance data based and ISM Manufacturing PMI indicators. This data is expected to show a higher data from the previous trading. The dollar index, which measures the strength of the US dollar against six major currencies trading stronger move after the start of trading on Asia session which the price opened higher at 95.48 and is now moving position at around 95.51.

The price of sugar futures on ICE Futures exchange New York weekend early Saturday (01/10) ended down triggered by an increase in the destruction of sugar cane in Brazil. The price of sugar is supported from a survey conducted by S & P Global Platts that it showed that the destruction of sugar cane is at 39.9 million, an increase of 34.5% from the previous year. While sugar production of 2.4 million tons, according to UNICA, is smaller than what the S & P Platts had expected 2.62 million. In the season from 1 April to 16 September, plants in the region of 431.3 million tons of sugarcane crushing , up 7.9% from the same period the previous year. Sugar production rose 19.3% to 24.8 million tons, and the production of ethanol increased by 0.2% to 18.1 billion liters. Although sugar production in Brazil is still on track to be a record this season, analysts have lowered expectations because of various incidents of weather and aging plants. At the close of trading early on Saturday Sugar futures' price observed decline. The most active price of sugar futures have closed lower by 1.50 percent at 23.00 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 has the potential to test support level at 22.50 cents and resistance level at 23.50 cents and 24.00 cents per pound.

At the end of trading early on Saturday (01/10), Rotterdam coal prices ended down ignore the rising crude oil prices. Coal prices have dropped hampered by profit-taking. Coal prices Rotterdam November 2016 contract continued to rise in four consecutive trading sessions, post the surge nearly 7 percent, so it is used by investors to profit taking. Rotterdam coal price futures for the most active contract is a contract in November 2016 fell in the position of 69.45 dollars per ton. Commodity prices decreased by 1.35 dollars, or equivalent to 1.91 percent compared to the previous closing. On a weekly basis, coal prices jumped 6.03 percent, largely driven surge in crude oil prices. While on a monthly basis, coal prices jumped 11.66 percent higher, largely supported the surge in crude oil prices and the Fed's decision to keep interest rates remain the US dollar weakens. Tonight will release the ISM Non-Manufacturing PMI September indicated increased. If realized, it will strengthen the US dollar. Coal futures price at the next trade has potential to weakening against US Dollar. The price of coal futures potentially test support level at 69.00 dollars and the next support at 68.50 dollars. While the level of resistance to be tested if the price increase is at 70.00 dollars and if able to break it then towards 70.50 dollars.

USDJPY's pair movement in the end of European session (06:40:35 GMT / 13:40 pm) was sluggish after the price opened lower at 100.01 in early trading (0000 GMT), and now the pair is at 100.79 and had previously penetrated strong daily resistance range. Japanese Yen based on Asia session was hit by a series of data showing the economy and suppress negative data exchange after earlier trading opponent US dollars has fallen. Entering the European session, Yen changed motion and jumped to the rhythm of trade safe haven asset by the crisis Deursche Bank. Technically USDJPY will decline further towards around between 100.66-100.07, but if there is a correction will rise towards the range of 101,81-102.25. So analyst argued that the normal range of USDJPY pair is estimated to have the support level at 99.81 and the resistance level at 102.83