flag-gb flag-my flag-zh flag-id flag-th flag-vi

COMMODITIES TECHNICAL ANALYSIS JUNE.15

Gold

The 4-hour time-frame showed that demand on the precious metal remained high. The quotes were traded below 1300 whereas the decrease was restrained by 1280. The bulls dominated in the pair.

The bulls will maintain the leadership if they break through the resistance at 1300.00. Their target will be 1315.00.

The bears will regain the initiative if they break through the support at 1280.00. Their target will be 1260.00 and 1235.00.

technical_xauusd_15_06_2016

 

Oil

Yesterday on the 4-hour chart, oil was traded in the range limited by 49.60 - 50.50. At the end of trading, the pair consolidated slightly above 49.60. The bears still dominating the market, according to FortFS analysts.

The bulls will regain the leadership if they break through the resistance at 50.50. Their target will be 51.50.

The bears will maintain the initiative if they break through the support at 49.60. Their target will be 48.60 and 47.60.

technical_brent_15_06_2016

Read the full review on our site:
https://www.fortfs.com

Latest news

8,88% negative trades compensation

2019-04-02 06:51:06

FortFS launches Ultimate Cashback promotion! The promotion is aimed to get the balance compensation per each trade closed with the negative result. Compensated amount is fixed and is equal to 8,88% of the loss amount. All compensations are credited into the trading account automatically.

Unlimited Leverage

2019-03-01 16:41:06

What is the unlimited leverage? Usually it means borrowed funds provided by broker to clients to enable clients to open larger positions and to increase income from investing without increasing their investments. However, the leverage always has an established limit which is originally determined by the broker and cannot be changed.