Malaysian Palm Oil Product Technical Chart and Analysis 25th October 2017

PAR Oct 25, 2017 0

Consolidation is likely to continue above the 30-DMA at $2748.0, suggesting further upside towards $2841.6, followed by $2858.9. However, a correction...

Malaysian Palm Oil Product Technical Chart and Analysis 4th October 2017

PAR Oct 4, 2017 0

The current formation is of a Spinning Top which indicates that the market may consolidate at current levels. A rise above from here will target $2747...

Malaysian Palm Oil Product Technical Chart and Analysis 6th September 2017

PAR Sep 6, 2017 0

Current formation of lower high and lower low suggests that the momentum is shifting from bulls to bears. If the profit taking continues, the initial...

Malaysian Palm Oil Product Technical Chart and Analysis 21st June 2017

PAR Jun 21, 2017 0

KPO 1707 extended its decline on Tuesday to close at $2587.0. If the decline continues, the initial target will be at $2552.7 which could later extend...

Malaysian Palm Oil Product Technical Chart and Analysis 14th June 2017

PAR Jun 14, 2017 0

Palm oil active month formed a lower low and a lower high, while closed $2539.0. Settle below from here will drag the palm oil towards $2513.7. Howeve...

Malaysian Palm Oil Product Technical Chart and Analysis 31st May 2017

PAR May 31, 2017 0

KPO 1707 showed a positive activity through out the session and closed at $2615.0. If the gain continues, the next target will be at $2658.4. However,...

Malaysian Palm Oil Product Technical Chart and Analysis 17th May 2017

PAR May 17, 2017 0

Closing above 100-DMA will keep the bull alive in next couple of session and targeting $2783.0 level. However, a fall below $2736.4 will cause the dow...

Malaysian Palm Oil Product Technical Chart and Analysis 11th May 2017

PAR May 11, 2017 0

At present, the KPO 1707 is expected to test at $2693.4 (200-DMA), where a break above will open the way towards $2747.8 (100-DMA). However, any downs...

Malaysian Palm Oil Product Technical Chart and Analysis 4th May 2017

PAR May 4, 2017 0

KPO 1705 is tested its crucial resistance level at $2720.1 (30-DMA), where a break or trade above will deliver more positive movement and can target a...

Malaysian Palm Oil Product Technical Chart and Analysis 26th April 2017

PAR Apr 26, 2017 0

KPO 1705 is facing strong resistance around 14-DMA at $2670.4, where a break above will deliver gains in the range of $2742.9-$2744.5. However, any do...

Malaysian Palm Oil Product Technical Chart and Analysis 19th April 2017

PAR Apr 19, 2017 0

The overall trend remains threatening and we foresee KPO May’17 to revisit $2553.2 which could later extend to $2445.9. However, any upside will be re...

Malaysian Palm Oil Product Technical Chart and Analysis 5th April 2017

PAR Apr 5, 2017 0

KPO 1705 witnessed higher high indicating further upside. The next upside target is around 50-DMA at $2871.6. However, any downside will be tested at...

Malaysian Palm Oil Product Technical Chart and Analysis 29th March 2017

PAR Mar 29, 2017 0

A rise above yesterday high will test the $2814.8 (14-DMA). However, a fall below yesterday low will cause the corrective trend to resume with $2765.0...

Malaysian Palm Oil Product Technical Chart and Analysis 24th March 2017

PAR Mar 24, 2017 0

KPO 1705 breaks its crucial support level at $2830.6 (14-DMA), where a break or close below will deliver more negative movement and can target $2817.8...

Malaysian Palm Oil Product Technical Chart and Analysis 17th March 2017

PAR Mar 17, 2017 0

The overall trend remains bullish and we foresee KPO 1705 to revisit at $2912.1 which could later extend to $2925.1 (100-DMA). However, any downside w...