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

COMMODITIES TECHNICAL ANALYSIS October.14

Gold

The market seems fairly balanced now. Gold prices traded sideways yesterday. The yellow metal remained in a tight range between 1260 and 1250. The resistance is at 1260, the support comes in at 1250 dollar per ounce.

We prefer to stay neutral until we see a clear break above or below the current range. This break will determine the further direction of gold.
14_09_2016 xauusd

Brent

Brent traded mixed with half of the day trading lower and the other half higher. Oil prices were under pressure during the Asian session and were positive during the day. Brent futures bounced from the 51.50 level and moved higher. The resistance is at 52.50, the support comes in at 51.50 dollars per barrel.

If the bullish tone persists we expect a breakout of the level 52.50. A move below 51.50 will switch the tone back to bearish. In this potential scenario, the price will decline to 50.50.

14_10_2016_brent

在我们网站查看全部文章:
https://www.fortfs.com

Latest news

8,88% Ultimate Cashback

2019-09-02 13:56:46

FortFS brings back the 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. The promotion is available on FORT and FLEX accounts. […]

Reduced spreads are available until September 30!

2019-07-30 09:15:29

Dear traders and partners, FortFS extends deadlines for the reduced spreads! From July 19 to September 30, 2019, spreads for the 4 most popular currency pairs are: EURUSDf: 0.8 GBPUSDf: 0.9             USDJPYf: 1.0             XAUUSDf: 3.5