Analysis :
Ascending Triangle has broken through the resistance line at 27-Aug-09:00 2015 GMT. Possible bullish price movement forecast for the next 8 hours towards 2,084.535.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
Support Levels
( A ) 2051.5Last support turning point of Ascending Triangle.
Chart date range :
19-Aug-10:00 GMT-> 27-Aug-11:00 GMT
Analysis :
Approaching Resistance level of 323.5 identified at 27-Aug-08:00 2015 GMT
Chart date range :
28-Jul-03:00 GMT-> 27-Aug-11:00 GMT
Data interval :
hour
RSI:
34 Candles
MA:
34 Candles
Soybean Oil
Summary :
Target Level : 27.0468
Target Period : 2 days
Analysis :
Triangle has broken through the resistance line at 27-Aug-02:00 2015 GMT. Possible bullish price movement forecast for the next 2 days towards 27.047.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
( B ) 27.18Last resistance turning point of Triangle.
Support Levels
( A ) 26.155Last support turning point of Triangle.
Chart date range :
19-Aug-08:00 GMT-> 27-Aug-11:00 GMT
Data interval :
hour
RSI:
34 Candles
MA:
34 Candles
Copper
Summary :
Target Level : 2.3537
Target Period : 3 days
Analysis :
Channel Down has broken through the resistance line at 25-Aug-16:00 2015 GMT. Possible bullish price movement forecast for the next 3 days towards 2.354.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
( B ) 2.3325Last resistance turning point of Channel Down.
Support Levels
( A ) 2.209Last support turning point of Channel Down.
Chart date range :
05-Aug-16:00 GMT-> 27-Aug-08:00 GMT
Data interval :
4 hour
RSI:
34 Candles
MA:
34 Candles
Natural Gas
Summary :
Target Level : 2.7245
Target Period : 2 days
Analysis :
Triangle identified at 27-Aug-10:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 2.724 within the next 2 days.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
( B ) 2.7245Last resistance turning point of Triangle.
Support Levels
( A ) 2.665Last support turning point of Triangle.
Chart date range :
19-Aug-06:00 GMT-> 27-Aug-11:00 GMT