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 – 24 Mar – 28 Mar

 
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: Sun Mar 23, 2014 8:42 pm    Post subject: Weekly CPO Forecast – 24 Mar – 28 Mar Reply with quote
Dear Traders & Investors,

Good day everyone !

Crude Palm Oil (FCPO) on Bursa Derivatives traded sideways while it closed lower on Friday. Market demand has been declining in tandem with general commodity prices. The May delivery contract settled at 2731 after trading in tight range from 2730 – 2780 regions. This week, we foresee the market will decline further with support resting at S1 – 2700 and S2 – 2640 areas. Topside resistance remains at 2800 levels.

Have a great week ahead ! 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