Sugar price resumes the rise – Analysis - 23-09-2020

Economies.com
2020-09-23 03:38AM UTC

Sugar price ended yesterday positively to settle above the bullish channel’s support line again, which supports the continuation of our bullish overview, motivated by the positive signal provided by stochastic, waiting for more rise to visit 13.73 level as a next main target.

 

Therefore, our bullish overview will remain valid and active conditioned by the price stability above 12.86.

 

The expected trading range for today is between 13.00 support and 13.73 resistance

 

The expected trend for today: Bullish

Commodities News

Palladium News

Commodities

Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Oil News

Commodities

Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...
Gold News

Commodities

How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Oil Analysis

Commodities

Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Silver Analysis

Commodities

Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...