Tag: Analyst Commentary

GBP vs USD Technical Chart and Analysis 28th April 2017

PAR Apr 28, 2017 0

GBP/USD has registered a higher high, indicating that the gain may extend further. Moreover, the Stochastic Oscillator has continued to increase, supp...

ICE Sugar 11 Technical Chart and Analysis 28th April 2017

PAR Apr 28, 2017 0

US Sugar formed a lower low while break its crucial support level at $15.58 indicating further downside risk. Meanwhile, the Stochastic Oscillator and...

White Sugar Technical Chart and Analysis 28th April 2017

PAR Apr 28, 2017 0

White Sugar 1708 is likely to test its channel support area on daily chart, where a break below will drag the market towards $446.50. However, short t...

Euro / USD Technical Chart and Analysis 27th April 2017

PAR Apr 27, 2017 0

EUR/USD is trading above the 200-DMA which is standing at 1.0835, where a settle below will open the way towards 1.0789. However, any upward movement...

Corn Technical Chart and Analysis 27th April 2017

PAR Apr 27, 2017 0

Corn 1705 is facing strong resistance level at $361.88 (30-DMA), where a break or close above will deliver more positive movement towards $362.70 (14-...

Wheat Technical Chart and Analysis 27th April 2017

PAR Apr 27, 2017 0

The current formation indicates consolidation at these levels. A rise above $413.51 will revisit $417.77 (14-DMA), while any downside will cause the d...

Malaysian Ringgit Technical Chart and Analysis 26th April 2017

PAR Apr 26, 2017 0

RM/USD has formed a lower low and lower high indicating further downside. The next target will be at 4.3057 (200-DMA). However, any upside will be res...

Malaysian Palm Oil Product Technical Chart and Analysis 26th April 2017

PAR Apr 26, 2017 0

KPO 1705 is facing strong resistance around 14-DMA at $2670.4, where a break above will deliver gains in the range of $2742.9-$2744.5. However, any do...

ICE Cotton Technical Chart and Analysis 26th April 2017

PAR Apr 26, 2017 0

Cotton 1707 continued to fall and registered a lower low and a lower high. This suggests that the downtrend is likely to continue. However, market is...

Gold Technical Chart and Analysis 25th April 2017

PAR Apr 25, 2017 0

Gold breaks its crucial support level at $1275.3 (14-DMA), where a break or close below will deliver more negative movement and can target at $1261.1....

Silver Technical Chart and Analysis 24th April 2017

PAR Apr 24, 2017 0

Silver failed to close above 50-DMA at $17.90. If the fall continues the likely target will be at $17.33 (30-DMA). However, any upside will test resis...

Pakistani Rupees Weekly Technical Chart and Analysis 24th April 2017

PAR Apr 24, 2017 0

Weekly, PKR continued its consolidation around the 14-DMA and 30-DMA to close at 104.75. A rise above last week high will target at 105.35, while a fa...

JPY vs USD Technical Chart and Analysis 21st April 2017

PAR Apr 21, 2017 0

JPY/USD is trading above the 200-DMA which is standing at 108.90, where a break or close below will target at 107.00. On the contrary, the initial ups...

GBP vs USD Technical Chart and Analysis 21st April 2017

PAR Apr 21, 2017 0

GBP/USD is likely to face major support level at 1.2616 (200-DMA), where a break or trade below will validate more negative movement. However, any upw...

ICE Sugar 11 Technical Chart and Analysis 21st April 2017

PAR Apr 21, 2017 0

The current pattern suggests that positive activity is likely to continue and the market is expected to test at $17.16 (30-DMA), while breaking or tra...