APSRI Trader's Forum Forum Index APSRI Trader's Forum
Expert trading in FX & Futures markets
FAQFAQ SearchSearch MemberlistMemberlist UsergroupsUsergroups RegisterRegister
SubscriptionSubscription TransactionsTransactions ProfileProfile Log in to check your private messagesLog in to check your private messages Log inLog in

Weekly CPO Forecast 23 Dec 27 Dec

 
Post new topic   Reply to topic    APSRI Trader's Forum Forum Index -> Crude Palm Oil (CPO) Malaysia
View previous topic :: View next topic  
Author Message
hc
Senior Member


Joined: 24 Oct 2007
Posts: 364
Location: KL, M'sia

PostPosted: Sat Dec 21, 2013 9:17 pm    Post subject: Weekly CPO Forecast 23 Dec 27 Dec Reply with quote

Dear Traders & Investors,

Good day everyone !

Crude Palm Oil Futures (FCPO) on Bursa Derivates traded in sideways throughout the week. The market has mixed sentiments while influenced by weak Ringgit, export data and Dollar strength from U.S. tapering occurred last week. The new active month in March 2014 contract closed at 2587 on Friday. Technically, we foresee the coming week might be uncertain due to the year-end festive seasons amid light trading volume. Traders should observe immediate support and resistance at 2545 and 2620 levels respectively and market may trade within this range this week.

Have a great holiday session and Merry Xmas n Happy New Year !! Laughing
_________________
HC
www.facebook.com/TradersInvestorsPoint
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    APSRI Trader's Forum Forum Index -> Crude Palm Oil (CPO) Malaysia All times are GMT + 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group