27.10.2015 - Technical view on commodity futures

The price of gold is consolidated around the level of 1165 and currently came close to the upper boundary of the local descending channel. In case of continued negative dynamics within the descending channel, quotations will reach the support at 1150. It is worth noting a significant probability of resumption of growth in prices in the near future with a target at 1190, after overcoming of which growth may continue until 1200. We expect increased volatility in the near future.

Nearest resistance levels: 1190, 1205, 1215, 1230

Nearest support levels: 1165, 1150, 1140, 1120, 1100, 1080, 1060, 1050, 1100

The price of Light sweet crude oilafter reaching the target level of 44.00, continued to decline and may soon fall to the next support levels at 42.00 and 40.00. The signal of changing the local downward negative trend will be breaking through the upper boundary of the channel, and overcoming the local maximum at 45.00. Our medium-term outlook remains negative and we recommend holding short positions with a stop above 45.00.

Nearest resistance levels: 47.00, 48.00, 49.65, 50.00, 51.50, 52.00, 54.00

Nearest support levels: 44.00, 42.00, 40.00, 38.00

September 9, 2015 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.