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Coffee price begins the bullish correction – Analysis – 13-12-2022

Economies.com
2022-12-13 05:39AM UTC

Coffee price faced the negative pressures to keep its stability above the key support 146.50, to notice forming correctional bullish waves and achieve 167.00.

 

Stochastic, positive momentum assists to renew the bullish attempts in the near term and medium term period, to keep waiting to achieve many gains by moving towards 173.20 followed by pressing on the additional barrier at 182.20.

 

The expected trading range for today is between 158.80 and 173.20

 

The expected trend for today: Bullish

Natural gas price keeps the positivity – Analysis – 13-12-2022

Economies.com
2022-12-13 05:38AM UTC

Natural gas price tested minor bullish channel’s support line at 6.500 and holds above it, to confirm its preparation to form new bullish waves, noting that the moving average 55 fluctuation below the current price will confirm confining trades within the bullish track, waiting to record the initial positive targets near 7.300 and 7.650.

 

The expected trading range for today is between 6.650 and 7.300

 

The expected trend for today: Bullish

The EURJPY exits the bearish track – Analysis – 13-12-2022

Economies.com
2022-12-13 05:36AM UTC

The EURJPY pair took advantage of the frequent positive pressures to form strong bullish rally and surpass the minor bearish channel’s resistance at 144.90, to notice achieving some positive gains by touching 145.30.

 

The attempt to hold above the breached resistance in addition to stochastic move within the overbought areas allow us to expect renewing the bullish attempts, to attempt to achieve new positive gains that might start at 145.65 and 146.10.

 

The expected trading range for today is between 144.95 and 145.65

 

The expected trend for today: Bullish

The GBPJPY resumes the rise – Analysis – 13-12-2022

Economies.com
2022-12-13 05:36AM UTC

The GBPJPY pair continued to form strong bullish waves to surpass 168.00 level, to notice achieving additional gains by moving towards 169.15, while the major indicators provide the positive momentum, and the price consolidates within the bullish channel, supporting more rise to wait to target 169.75 followed by reaching 170.50 obstacle.

 

The expected trading range for today is between 168.25 and 169.75

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Coffee today?

The price of Coffee is $297.35 (2025-07-15 18:54PM UTC)