Archive for the ‘Expert Comment’ Category

Gold fell sharply for the second time and managed to touch the 50% Fibonacci retracement level and closed right near support level 1664.40. Analysis of gold today is expected to further bearish move, in the range 1643.45 - 1679.00. This negative sentiment came after two days and failed to penetrate the MA120 and MA24. Based on ... Full story

Nikkei Futures is expected to move in the bearish channel, but still has a potential rebound. Nikkei Futures had test the 9975 low in the electronic session and closed at 10 025. Rebound potential of the Nikkei will test the resistance level of 10070/90 and if unable to exceed this then the Nikkei could go bearish ... Full story

Hang Seng Index futures is expected to open a gap over the area of ​​21 450 and will move in sideways within a range 21270-21574. Sideways movement is possible because the Stochastic and RSI indicators are deadcross but will return bullish for the gap. KOSPI Index futures is ... Full story

Nikkei index futures had consolidate or sideways at the 23% Fibonacci retracement levels on the electronic trading session. Analysis of the KOSPI index futures expected to open Gap up in the area 9880-9900 and then make a correction or retracement. Nikkei index futures correction yesterday has reached 23% Fibonacci level drawn from the 9415 lows to ... Full story

Crude oil rose on Wednesday caused by U.S. crude oil inventories are smaller than analysts' estimates and the Fed had announced will consider the issue of a new type of bond repurchase. The U.S. Energy Information Administration said oil supplies rose only 800 thousand barrels, lower than analyst estimates that 1 million barrels. This causes the price of crude oil on NYMEX rose to 106.53. However, ... Full story

Gold sank to the level of $ 1,663 per ounce on Tuesday as fears of a worsening global economy. What is interesting is the closing of the gold in Tuesday trading session was the first under $ 1,700 since January 24. The strengthening dollar also weighed on prices of gold and crude oil. Greek issue re-emerged after reports of a company that helps negotiate a swap ... Full story

Gold fell again, continuing the sell-off that occurred in the previous session. Gold fell sharply last week up to 4.3% after Bernanke's statement in the presence of the legislature. Bernanke was reluctant to talk about details of the third phase of quantitative easing. In fact, this policy became a pillar supporting the bullish movement of gold in recent years. According to Charles Nedoss, senior market researcher ... Full story

The fall of crude prices on Friday due to the objection to the news of Saudi Arabia attacked pipelines and rising U.S. dollar. Oil prices fell by more than 2% last week, cutting the profits of 6% in the last week. Previously, the issue concerns the disruption of oil supply dominate price movements in the market and give pressure on investors to buy oil contracts. But ... Full story

Gold rebounded on Thursday and managed to close at 1718.50 level. Gold need to go back to neutral like before the price fall on Wednesday to the half real body candle, although still strong pressure to switch safe-haven assets. The gold is expected to continue go back above the Tenkan Sen and MA24 which coincide at 1739.33 but 23% Fibo resistance at 1726.45 as the ... Full story

Gold experienced the first decline since the rally four days ago. Formation lower high and lower low appeared after a short day the previous day. Today, gold is expected to remain bullish support by safe haven appetite and in stochastic technical indicators. Bullish opportunity have to pass several resistances, which are the highest level at 1782.65 yesterday and the day before 1787.15. But the emergence ... Full story