Coffee price keeps the positivity – Analysis – 4-1-2024
Economies.com
2024-01-04 05:43AM UTC
Coffee price lost the positive momentum after recording the target at 202.75, to notice forming some correctional bearish waves due to stochastic exit from the overbought areas, targeting 184.45 level.
Note that the main stability within the bullish channel that appears on the chart and the MA55 forming additional support at 176.75 allow us to wait to gather the positive momentum and manage to end the temporary negative fluctuation to start targeting the positive stations near 198.00 and 209.65.
The expected trading range for today is between 182.00 and 198.00
The expected trend for today: Bullish
Commodities News
Commodities
Palladium regains footing but remains below $1000
2024-05-10 14:55PM UTC
Palladium prices rose on Friday even as the dollar inched higher against major rivals, however, the ...
Commodities
Silver prices rush to three-week highs as US yields taper off
2024-05-10 11:46AM UTC
Silver prices rose in European trade on Friday on track for the third straight profit, scaling a ...
Commodities
Gold reverses higher as dollar dips after weak data
2024-05-09 19:44PM UTC
Gold prices rose on Thursday as the dollar index declined against most major rivals following ...
Commodities Technical Analysis
Commodities
End of day crude oil price forecast update - 10-05-2024
2024-05-10 17:33PM UTC
Crude oil price trades with strong negativity to approach our waited target at 77.64$, to support ...
Commodities
Brent oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Brent oil price trades negatively now in attempt to resume the ...
Commodities
Crude oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Crude oil price shows negative trades to attempt to return below ...