Exchange Blog Cryptocurrency Blog
myregister
Member-
Posts
7,043 -
Joined
-
Last visited
-
Days Won
6
Everything posted by myregister
-
It is the matter of taxing in the country which affected, well not all of those countries affected but i am sure in some countries which affected by it they will try as the best as they can to track the money or to prevent that gangster as the best as they can, so they won't find some taxing problem again in future.
-
The price of CPO in Malaysia commodity exchanges in trading Thursday afternoon (08/09) was observed to fall. A weaker CPO prices this afternoon triggered by Ringgit strong exchange rate against US dollar. On this afternoon observed the weakening US dollar against ringgit where USDMYR rate is 0.20 percent weaker at 4.0530. Strengthening Ringgit makes the price of commodities traded in the currency is becoming relatively more expensive for overseas buyers so demand decreases. CPO price most active contract on the commodity exchanges Malaysia today seems weakened November 2016 contract price which is the most active contract fell by -2 ringgit of -0.1 percent and traded at 2,596 ringgit per tonne. It estimated that the price movement of CPO futures at the next trade will weaken with the potential strengthening of ringgit. Price movements can also be affected by movements in crude oil prices and global demand and supply conditions. CPO futures contract prices on commodity exchanges in October 2016 Malaysia has the potential to test the support level at 2,550 ringgit. While the level of resistance to be tested if there was a strengthening is at 2,650 ringgit.
- 112 replies
-
- CPO
- fundamental
- (and 8 more)
-
Euro exchange rate movements of the Asian session (05:00:35 GMT) strengthened against US dollar after the price of this currency pair opened lower at 1.1238 in early trading (0000 GMT), the Euro exchange rate is now at rolling values which located at 1.1250. Exchange rate euro since the beginning of the Asian session trading stronger against US dollar moves can still be maintained by expectations the ECB will not ease monetary policy back. But prudence market still looks to weigh the latest economic data showing a tendency to drop. Technically, EURUSD could rise to 1.1264-1.1285, but if it does not reach that range then the pair may fall to 1.1230-1.1203. And if it reaches the range above, the pair continue up to 1.1290. And today is expected to have support level at 1.1175 and resistance level at 1.1303.
-
Oil prices extended gains of more than 1.5 percent on Thursday in the Asian session after industry data showed the largest weekly drawdown in crude inventories in more than three decades. US crude inventories surprisingly fell 12.1 million barrels last week, data from the American Petroleum Institute showed that after the completion of the market on Wednesday, compared with expectations for a gain of 200,000 barrels. If the official data released from the US government on Thursday nights later confirms the results of the withdrawal, it will be the biggest weekly decline since April 1985. NYMEX crude futures for October delivery rose 79 cents to $ 46.29, after ending the previous session up 67 cents. The price of Brent crude oil futures for November delivery was up 75 cents to $ 48.73 a barrel at 0400 GMT, after settling up 72 cents on Wednesday. US crude inventories have been at record highs in the past two years, partly thanks to the shale oil boom that encourage production. Some analysts said the tropical storm Hermine, which threatens the Gulf Coast refining region late last week before moving to the East Coast of the US, may have lowered numbers. Analyst estimates that the price of crude oil at the next trade has the potential to increase with a decrease in US crude oil inventories data. Prices are expected to penetrate the resistance range between $ 46.80 - $ 47.30, and if the price drops will penetrate support range between $ 45.80 - $ 45.30.
-
Australian Dollar Fundamental Analysis.
myregister replied to myregister's topic in Fundametal Analysis
Aussie exchange rate movements in the Asian session (04:40:35 GMT / 11:40 GMT) moving weak against the US dollar, after opening higher at 0.7672 in early trading (0000 GMT), up 9 pips Aussie exchange rate and the value of the AUDUSD's rolling value is at 0,7681. Australian Dollar rate on Asian session managed to move higher after the retreat of the previous trading rally 5 consecutive days. Aussie received a rebound power of Australia's trade balance report in August by the ABS which showed a trade deficit of natural shrinkage. Technically AUDUSD may rise to the range of 0.7695-0.7711, but if it does not reach this range then the pair may fall back into the range of 0.7656-0.7625. And if it reaches that range then the pair continued up to 0.7720. So the normal range on the AUDUSD pair is estimated to have support level at 0.7603 and the resistance level at 0.7737. -
USDJPY pair movement in the Asian session (04:15:35 GMT / 10:45 pm) is sluggish after opening lower at 101.74 in early trading (0000 GMT), and now the pair rolling value is at 101.58. Yen actually moved back positively in Asian session and the rally in the fourth consecutive day that is supported by the strength of Japan's economic growth data for the second quarter increased from the previous quarter and is higher than expected rise. Technically, the USDJPY continues to fall into the range between 101.15-100.44, but if it does not reach that range then the pair will move up to the range between 101.97-102.40. So the normal range on the USDJPY pair is estimated to have the support level at 100.18 and the resistance level at 103.03
-
The price of tin in Malaysia Stock Exchange rose on Thursday afternoon (08/09). The increase in the price of tin supported increasing Chinese imports in August. Chinese imports rose unexpectedly in August for the first time in almost two years while exports fell at a speed that is much simpler. Exports fell 2.8 percent from a year earlier, the General Administration of Customs of China, said on Thursday (08/09), adding that the pressure on the delivery expected to continue to decline in the fourth quarter. Imports rose 1.5 percent from the previous year, which ended the 21 months decline with the increase in Chinese imports, further strengthening sentiment increased demand for metals including lead of the country's largest consumer of metals elementary in the world. The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 19,600 dollars per ton, an increase of 0.8 percent from its previous close at 19 450. Analyst estimates that Malaysian tin price movement in trading has the potential to strengthen further limited by the potential weakening of US dollar. Price will face the resistance level at position 19,800 dollars. But if there is a decrease, the price of tin will face a support level at 19,400 dollars.
- 101 replies
-
- prediction
- price
-
(and 3 more)
Tagged with:
-
ICE arabica coffee prices rose in late trading Thursday morning (08/09), triggered by the projected decline of coffee production plant in Brazil. Brazil's national statistics institute IBGE lowered its forecast for 2016/17 arabica coffee plants by 1.5 percent from August, to 39.8 million bags on concerns about dry weather. James Cordier, founder of OptionSellers.com based in Tampa, Florida said the price increase affected arabica arabica abundant supplies in consumer countries. Arabica coffee futures prices at the close of trading early this morning has strengthened. Arabica coffee futures prices in December 2016 rose by 1.35 dollars and closed at 1.5510 dollars per pound. Analyst estimates Arabica coffee futures price for the next trade is projected to rise because of potential weakening US dollar by fading expectations of US rate hike. The price of Arabica coffee futures on ICE Futures US in New York has the potential to test the resistance level at 1.5800 dollar. While the level of support that will be encountered if there is a weakening is at 1.5200 dollars
-
Gold price movements at the end of Asian session (05:50:35 GMT) after a strong move opened lower at 1344.85 in early trading (0000 GMT), XAUUSD rolling price is actually at 1346.85. Gold prices end of the Asian session remained in bullish positions after earlier trading trimmed 4 consecutive days of rally. Gloomy fundamental US dollar throughout the day give the market a boost gold collection especially global stock markets were red. Technically XAUUSD can move up to the range of 1349.50-1355.13, and if it is not the price may fall up to 1335.87. So the normal range of XAUUSD pair today is expected will have the support level at 1330.97 and for resistance level is at 1359.50.
-
At the end of trading on Thursday morning (08/09), Rotterdam coal prices ended down ignore the rising crude oil prices. Coal prices have depressed the strengthening US dollar. Rotterdam coal price futures for the most active contract is a contract in October 2016 dropped in position 62.00 dollars per ton. Commodity prices decreased by -1.85 dollars, equivalent to -2.90 percent compared to the previous closing. Tonight will be released weekly crude inventory data by the US EIA, which is indicated to decrease. If realized, it will lift the price of crude oil. Analyst estimates that coal futures price movements Rotterdam at the next trade is projected to rise to a potential rise in crude oil prices. The price of coal futures could potentially test the resistance level at 62.50 dollars and then the next resistance level which location is at 63.00 dollars. While the level of support that will be tested if the price increase is at 61.50 dollars and then next to 61.00 dollars.
- 104 replies
-
- coal
- prediction
-
(and 3 more)
Tagged with:
-
ICE Futures price of cocoa futures at the end of trading on Thursday morning (08/09) closed slump. The weakening of cocoa prices triggered the strengthening US dollar. A stronger dollar makes dollar-based commodities cocoa have become more expensive in other currencies, so the demand decreases. At the end of trading early this morning the price of cocoa futures contracts in December 2016 which is the most active contract was observed to be closed down. Commodity prices closed down by 0.48 percent at 2,909 dollars per ton. Analyst estimates that the price of cocoa futures for the next trade will move in the trend of limited gain with the potential of dollar weakness with waning expectations of US rate hike. For the next trading price of cocoa futures on ICE Futures US in New York has the potential to penetrate resistance level at 2,950 dollar. If the resistance level is successfully penetrated then the next target is at 3,000 dollars. While the level of support that will penetrate if there is a weakening movement will be at 2850 dollars and then to 2,800 dollars.
-
United States Dollar Fundamental Analysis(including USDX)
myregister replied to myregister's topic in Fundametal Analysis
Ending the third day forex trading this week a few hours ago (8/9) US dollar managed to rebound after the Fed's Beige Book report, but there is still a strong rival that remains is the Japanese yen. Only the yen is continuing rallynya in the third consecutive day and has the potential to further rally today's trading. Of note Beige Book revealed that economic activity continues to expand at a moderate pace. In addition it was reported also in labor market conditions remain tight in most districts, with moderate wage growth. According to the Beige Book, the presidential election makes some businesses more cautious. For the movement of the US dollar today is expected to still be moving weak with negative sentiment is getting stronger on expectations the Fed has not been able to raise interest rates this month if the data weekly US unemployment claims data tonight give increased from the previous week. The dollar index, which measures the strength of the US dollar against six major currencies moved lower after trading early trading Asian session opened lower at 94.93 and is now moving position to around 94.85. Previous dollar experienced daily reinforcement of 0.2%. -
Pound exchange rate movements on Asian session (05:45:35 GMT / 12:45 GMT) moving strongly against the US dollar after opening lower at 1.3336 in early trading (0000 GMT), the strong pound exchange rate of 0.1% and the rolling value for this pair is at 1.3350. Pound managed to bounce back until the end of Asian trading session that seeks to cut the weakening of previous trading profit-taking as respond to poor industrial production data of the lowest throughout this year. However, although there are no economic data releases to move the pair as a few days ago, the pound rests on a US dollar negative sentiment. Technically GBPUSD may continue to rise into the range of 1.3375-1.3405, and if it did not achieve this range then the pair will drop to the range of 1.3310-1.3285. But if it reaches the initial range then price will be continued to rise up to around 1.3420. So the normal range of GBPUSD pair is estimated to have the support level at 1.3209 and the resistance level at 1.3478.
-
What happened with MTW? I checked the site but what i find out here is surprising. The domain is under namcheap, is this mean that admin Mayur decide to sell this forum to the other people, or the domain, or what? It's rather confusing to me since i want to post here but because of this case i prefer to postpone it.
-
Exchange rate of the British pound European trading session on Wednesday (7/9) was experiencing the profit taking which is quite sizeable and trying to cut rally earlier trading. Pound exchange rate has been rallying for 5 consecutive trading days before and trimmed this afternoon by poor UK manufacturing production report. British national statistics office (ONS) reported the country's manufacturing production data for the period July, which still indicates contraction even more data in a fall from a contraction the previous period. Pound exchange rate movements in European session weakened against US dollar, after opening higher than the previous trading at 1.3439 in early Asian trade. For the next trade until the close of trading ending at the American session up to tomorrow morning, it estimated that GBPUSD pair may fall further down to the range between around 1.3344- 1.3288. But if it does not reach this range and a correction will rise to the range around 1.3448-1.3470.
-
USDJPY pair movement in the Asian session (03:45:35 GMT / 10:45 GMT) moved positively after opened exactly lower at 102.02 in early trading, and now it seems that this pair is at 101.44. This Pair had dropped to a strong support and may try to test it. Japanese Yen moved back positive Asian session and the rally in the third consecutive day despite the data of foreign exchange reserves decreased Japan had put pressure. But sentiment bounce back from a data receiving Leading Economy Index is expected to be higher than the previous period and also the momentum of dollar weakness. Technically, the USDJPY continues to fall into the range of 101.30-100.44, but if it does not reach this range then the pair will move up to the range of 103.11-104.20. So the normal range on the USDJPY pair is estimated to have the support level at 99.60 and the resistance level at 104.87
-
Australian Dollar Fundamental Analysis.
myregister replied to myregister's topic in Fundametal Analysis
Aussie exchange rate movements in the Asian session (04:10:35 GMT / 11:40 GMT) moving weak against the US dollar, after opened higher at 0.7688 in early trading (0000 GMT), the Australian Dollar exchange rate fell against US Dollar by 15 pips and the rolling value are at 0,7673. Australian dollar exchange rate continue its rally on Asian session which began five days ago in a row against US dollar by the positive sentiment of economic data released this afternoon than by the momentum of dollar weakness. Economic data that accounts for energy rally is RBA interest rate which remain unchanged in line with expectations. T echnically AUDUSD will fall back into the range of 0.7610-0.7555, but if it does not reach this range then the pair could fall down into the range of 0.7700-0.7719. And if it reaches this range then the pair further down to below 0.7550 range. So the normal range of AUDUSD pair is estimated to have the support level at 0.7511 and the resistance level at 0.7776. -
The price of CPO in Malaysia commodity exchanges in trading Wednesday afternoon (07/09) was observed to fall. A weaker CPO prices this afternoon triggered strong Ringgit exchange rate against the US dollar. On this afternoon observed the weakening US dollar against the ringgit. Couple USDMYR rate 0.50 percent weaker at 4.0615.Strengthening Ringgit makes the price of commodities traded in the currency is becoming relatively more expensive for overseas buyers so demand decreases. CPO price most active contract on the commodity exchanges Malaysia today seems weakened November 2016 contract price which is the most active contract ringgit depreciated by -21 and traded at 2,608 ringgit per tonne. Analys estimates that the price movement of CPO futures at the next trade will weaken with the potential strengthening of the ringgit. Price movements can also be affected by movements in crude oil prices and global demand and supply conditions. CPO futures contract prices on commodity exchanges in October 2016 Malaysia has the potential to test the support level at 2,550 ringgit and then 2,500 ringgit. While the level of resistance to be tested if there was a strengthening is at 2,650 ringgit and then towards 2,700 ringgit.
- 112 replies
-
- CPO
- fundamental
- (and 8 more)
-
The price of tin in Malaysia Stock Exchange rose on Wednesday afternoon (07/09). The increase in the price of tin supported the weakening US dollar and strengthening of Wall Street.The weakening US dollar also occurred after the US services sector growth slumped in August. This weakening US dollar makes the price of tin is sold in US dollars become cheaper, so the demand is increasing and not only that Stocks closed higher in late morning trading on Wednesday, boosted the positive performance of the energy sector after US crude oil prices rose. The price of tin on the commodity exchanges of Malaysia observed a rise today. The industrial metals prices traded at 19 450 dollars per ton, an increase of 0.8 percent from its previous close at 19,300. It seems that Tin price movement in trading the potential to strengthen further limited by the potential weakening of US dollar weakening because of US rate hike expectations. Price will face the resistance level at position 19 650 dollars. But if there is a decrease, the price of tin will face Support level at 19 250 dollars.
- 101 replies
-
- prediction
- price
-
(and 3 more)
Tagged with:
-
The price of arabica coffee futures on ICE Futures exchange at the close of New York trading Wednesday morning (07/09) observed to rise up. Arabica coffee price increases triggered by the weakening of the US Dollar and concerns the production of arabica coffee plants. The weakening US dollar makes the price of arabica coffee is sold in US dollars become cheaper, so the demand is increasing. The rise in arabica coffee market is also driven in part by concerns that the initial interest could curb production in Brazil next year. Widespread rain in the southern region of Brazil's major arabica trigger early blooming flowers, which will form the first seeds are ripe for harvest in 2017. Traders said this raises concerns about the Brazilian 2017-18 crop because of some interest may be lost if the buds opened too early and consequently reduce the production of coffee beans. Arabica coffee futures prices for the most active contract in December 2016 closed up at 1.5375 dollar positions, rose 2.35 cents, or equivalent to 1.55 percent. The price of Arabica coffee futures on ICE Futures US in New York has the potential to test the resistance level at 1.5700 dollar. While the support levelwhich will be encountered if the decline in prices is at 1.5100 dollars and then 1.4800 dollars.
-
ICE Futures price of cocoa futures at the end of trading on Wednesday morning (07/09) closed up. The strengthening cocoa prices triggered weakening US dollar and tightening supply. The increase in the price of cocoa is also supported by the weakening of US dollar. The dollar index was last down 1.03 percent against a basket of currencies at 94.86. The US dollar weakened amid lower prospects for the Federal Reserve to raise interest rates at its September meeting. The weakening US dollar makes dollar-based commodities cocoa becomes cheaper in other currencies. The increase in the price of cocoa is also supported by tightening supplies. Dealers said the market remained supported by weak end of the 2015/16 crop year and expectations of a slow start to the 2016/17 season which starts on October 1 in Ivory Coast. Cocoa arrival at the port in top grower Ivory Coast reached around 5,000 tonnes between August 29 and 4 September, down from 22,000 tonnes in the same period last year. At the end of trading early this morning the price of cocoa futures contracts in December 2016 which is the most active contract closed with a record increase was observed. The commodity price closed up $ 23 dollars at 2,923 dollars per ton. The price of cocoa futures to trade higher with sentiment further potential production deficit and the weakening of US dollar. For the next trading price of cocoa futures on ICE Futures in New York has the potential to penetrate the resistance level at 2,950 dollar. If the resistance level is successfully penetrated then next level is 3,000 dollars. While the level of support that will penetrate if there is a decline is at 2850 dollars.
-
At the end of trading Wednesday morning (07/09), Rotterdam coal price rise pushed by US crude oil price increases because ofSaudi Arabia and Russia agreed on Monday to cooperate in world oil markets, pushing Brent crude jumped nearly 5 percent. However, the increase in retained after Saudi Arabia Energy Minister Khalid al-Falih said there is no need to freeze production at this time. At the end of the trading price of coal Rotterdam futures contract for October 2016 in the position of 63.85 dollars per ton. Commodity prices gained 0.20 dollars or equivalent to 0.31 percent compared to the previous closing. The analyst estimates that coal futures price movements Rotterdam at the next trade is projected to rise since there is a potential dollar weakness with the easing of US interest rate hikes. The price of coal futures could potentially test the resistance level at 64.40 dollars and then to the next resistance at level 64.90 dollars. While the level of support that will be tested if prices decline is at 63.40 dollars and then to around 62.10 dollars.
- 104 replies
-
- coal
- prediction
-
(and 3 more)
Tagged with:
-
United States Dollar Fundamental Analysis(including USDX)
myregister replied to myregister's topic in Fundametal Analysis
US Dollar received a hard blow last weekend when August NFP data showed no recovery until the second day of this week (6/9), where the dollar index fell to its lowest severe in 9 trading days the daily weakening even worst in 27 days. The weakening of US Dollar against all major rivals after the government reported a worsened business performance of US services sector in August were lower than the previous month period in the indicator ISM Non-Manufacturing PMI. The data down to a score of 51.4 from 55.5 from July. In addition to the ISM data, the Federal Reserve also reported on the US labor market from 19 existing indicators. And the Fed report, an assessment of all the indicators show a weak score once from the previous month period. Labor Market Conditions Index fell to -0.7 from 1.3. Both of these data adds to a series of data that undermine expectations for Fed rate hikes in FOMC meeting in September. This condition makes the value of US dollar against all major rivals depressed, especially overnight trading the high lift all the major rivals to rise above 1 percent. The dollar index, which measures the strength of the US dollar against six major world currencies, fell around 0.96 percent to 94.80 after earlier trading this commodity pair opened at around 95.76. -
Gold prices rose in late trading on Wednesday morning supported the weakening of US dollar on expectations that US Federal Reserve will not raise interest rates at its policy meeting in September. Spot gold prices rose 1.76 percent to $ 1,349.64 per ounce, while US gold futures prices closed up $ 27.30 an ounce at $ 1,354 and the latter 2.07 percent higher at $ 1,354.20, having hit its highest since August 26. The precious metal hit a two-month low of $ 1,301.91 last Thursday on the prospect that non-farm payrolls report strong for August could put the Fed on track to raise interest rates soon. Gold bounced back, when the data missed expectations. The new release of US data and speeches from Federal Reserve officials will be closely watched for clues on the timing of interest rate hikes. It estimated that the price of this precious commodity may rise to fading hopes of a US interest rate hike this September and the weakening US dollar. The price of gold is estimated to rise at around $ 1,352- $ 1.354 and if the price falls then it will be in the range of $ 1,348- $ 1.346 .
-
Crude oil prices were mixed in late morning trading Wednesday, after the easing hopes for an agreement between Russia and Saudi Arabia in production freezing to address global oversupply. Saudi Arabia and Russia agreed on Monday to cooperate in world oil markets, pushing Brent crude jumped nearly 5 percent. However, the increase in retained after Saudi Arabia Energy Minister Khalid al-Falih said there is no need to freeze production at this time. Brent crude futures traded 27 cents lower at $ 47.36 per barrel after this and US(WTI) crude oil futures for October, which traded thinly on Monday for the Labor Day holiday, was at $ 44.91, up 47 cents, or 1.06 percent. While the Saudi minister played down the prospect of immediate action, his Russian counterpart Alexander Novak said he is open to ideas about the cut-off period to be used if the state chooses to freeze production and said that production cuts could be considered. Organization of Petroleum Exporting Countries and non-OPEC producers, such as Russia, will hold informal talks in Algeria on 26 to 28 September. Many in the market are skeptical a deal will happen. "It looks like we have found a new trading range in the $ 40s now and the market is very sensitive to any story about the possibility of freezing production," said Gene McGillian, senior analyst at Tradition Energy in Stamford, Connecticut. "The condition of Iran appears that OPEC should agree to allow Iran to return to the OPEC export quota and pre-sanctions level of production," Morgan Stanley analysts wrote in a note. "Even if successful, freezing OPEC would likely be a short-term positive but negative for the medium-term oil prices.". In the US market, traders said that the market was supported by the data Genscape reported results from the withdrawal of about 700,000 barrels of crude oil last week at Cushing, Oklahoma, delivery hub US crude oil futures. It estimated that the price of crude oil at the next trade is projected to rise by a weakening US dollar after slumping US service sector data. Prices are expected to penetrate the Resistance range between $ 45.50 - $ 46.00, and if the price drops will penetrate Support range between $ 44.50 - $ 44.00.