Sugar price reaches the target – Analysis - 14-01-2020
Economies.com
2020-01-14 05:38AM UTC
Sugar price rallied upwards strongly yesterday to reach few pips away from our waited target at 14.22, and as we mentioned yesterday, this level represents key resistance for the short term and medium term trades, as breaching it will open the way to achieve additional gains that extend to reach 15.00$ barrier.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 13.80 level and holding below it.
The expected trading range for today is between 14.00 support and 14.35 resistance
The expected trend for today: Bullish
Commodities News
Commodities
Gold gains ground as dollar dips while traders digest Fed's decisions
2024-05-02 18:30PM UTC
Gold prices rose on Thursday as the dollar fell against most major rivals, while investors digest ...
Commodities
Oil prices try to recover from seven-week lows
2024-05-02 13:05PM UTC
Global oil prices rose in European trade on Thursday for the first time in five sessions away from ...
Commodities
Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Commodities Technical Analysis
Commodities
Wheat price is recovering – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Wheat Price Analysis Wheat price bounced clearly upwards after the 597.10$ level formed solid ...
Commodities
Soybean price reactivates the correctional scenario – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Soybean Price Analysis Soybean price breached the 1193.10$ level clearly and closed the daily ...
Commodities
Corn price hits the target – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Corn Price Analysis Corn price rallied upwards yesterday to succeed achieving our first waited ...