Coffee price provides new positive signal – Analysis – 5-4-2022

Economies.com
2022-04-05 05:43AM UTC

Coffee price provided new positive signal by surpassing the moving average 55 at 227.00, to increase the chances of resuming the previously expected bullish attempts, expecting to get positive momentum by stochastic and form additional support at 224.00 to target new positive stations that might extend towards 236.15 followed by 243.40.

 

The expected trading range for today is between 226.00 and 236.15

 

The expected trend for today: Bullish

Commodities News

Oil News

Commodities

Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after ...
Gold News

Commodities

Gold declines to two-week lows
2024-04-23 20:50PM UTC
Gold prices fell on Tuesday even as the dollar fell against most major rivals ahead of important ...
Oil News

Commodities

Oil prices hover at three-week lows as global supply concerns fade
2024-04-23 13:04PM UTC
Global oil prices fell in European trade on Tuesday on track for the second loss, almost touching ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Analysis of Expected Scenarios Brent oil price trades with slight negativity to head towards ...
Oil Analysis

Commodities

Crude oil price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Crude oil price trades negatively now after facing solid resistance at 83.90$, to hint heading to ...
Silver Analysis

Commodities

Silver price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Silver price didn’t show any strong move since morning, to fluctuate around 27.20$ level, ...