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15.05.2015 - Technical view on commodity futures

The price of gold broke through the lower boundary of the rising channel, and at the moment is trying to gain a foothold below it. To continue the growth, with the target at 64.00, the price needs to gain a foothold above local maximums at 62.70. On the other hand, confirmation of the signal to sell will be fixation of quotations below 59.00. Our medium-term outlook remains negative and we are waiting for the signal to sell.

Nearest resistance levels: 62.70, 64.00, 70.00

Nearest support levels: 60.40, 59.00, 58.00, 56.00, 54.00, 52.00, 51.00, 50.00, 48.00, 47.00

The price of Light sweet crude oil broke through the lower boundary of the rising channel, and at the moment is trying to gain a foothold below it. To continue the growth, with the target at 64.00, the price needs to gain a foothold above local maximums at 62.70. On the other hand, confirmation of the signal to sell will be fixation of quotations below 59.00. Our medium-term outlook remains negative and we are waiting for the signal to sell.

Nearest resistance levels: 62.70, 64.00, 70.00

Nearest support levels: 60.40, 59.00, 58.00, 56.00, 54.00, 52.00, 51.00, 50.00, 48.00,

March 24, 2015 of USD Performance

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