Commodities Daily Forecast Oct 22 2015

forex commm
forex commm

Crude Oil: As long as 46.00/47.00 resistance holds on a daily closing basis, outlook in Crude Oil remains on the downside towards 44.54/42.90 levels, above 47.00 faces a recovery risk towards the 48.10 levels before the next fall…

Commodities Daily Forecast Oct 22 2015-Crude Oil

XAUUSD: As long as 1188/1177 resistance holds on a daily closing basis, the XAUUSD remains in a pullback mode and further down couldn’t be ruled out, but downside move should be contained well above 1155 levels, above 1188 will open 1207 levels.

Commodities Daily Forecast Oct 22 2015-Gold

XAGUSD: As long as 15.64 support holds on a daily closing basis, outlook in XAGUSD remains neutral with risk to  the upside towards the 16.15 levels where a break will open 16.65 levels, below 15.64 faces a pullback risk towards the 15.24 levels before the next rise.

Commodities Daily Forecast Oct 22 2015-Silver

MARKET DATA

UPCOMING ECONOMIC EVENTS

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