27.08.2014 - Technical view on commodity futures

The price of gold after reaching a strong level of 1290 started to decline and now is consolidating within the corridor 1278-1290. Signal to open positions will be fixing the price above 1290 or below 1278. Further reduction is limited by the support levels at 1265 and 1252. We expect the resumption of growth with the nearest targets at 1320 and 1330. Medium term forecast remains positive.

Nearest resistance levels: 1290, 1300, 1320, 1330, 1340, 1350, 1365

Nearest support levels: 1278, 1265, 1252, 1244

The price of Light sweet crude oil consolidated within a narrow corridor 93,00-94,00. Growth within the channel is limited by strong resistance levels 96,00 and 98,00. The potential for further decline significantly decreased, but we keep the medium-term negative outlook with the target level at 92.00.

Nearest resistance levels: 94.00, 95.20, 96.00, 98.00, 100.00, 101.60, 103.00

Nearest support levels: 92.00, 91.60, 91.00, 90.00

July 16, 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.