03.07.2014 - Technical view on commodity futures

The price of gold started to decline after it has once again reached the level of 1330. Downward movement probably will stop around the levels of 1320 or 1310. Continued upward movement with the objectives of 1350 and 1365 is possible after fixing the price higher than 1330. We maintain a medium-term positive outlook.

Nearest resistance levels: 1330, 1350, 1365

Nearest support levels: 1320, 1310, 1300, 1290, 1278, 1265, 1252, 1244

The price of Light sweet crude oil broke through the lower boundary of the rising channel and now is trying to fix below the important level of 104.00. We expect that the price will correct upwards within the local downtrend channel, but in the medium term will probably continue to decline with the objectives of about 101.90 and 100.00.

Nearest resistance levels: 104.00, 104.60, 105.00, 107.00, 108.00, 110.00

Nearest support levels: 103.00, 102.50, 101.90

May 27, 2014 of XTI-USD Performance

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.