Coffee price resumes the rise – Analysis – 7-12-2021
Economies.com
2021-12-07 05:49AM UTC
Coffee price succeeded to gather extra positive momentum, to keep its stability within the bullish channel’s levels as appears in the above image, the fluctuation of the trading above 237.80 level that represents an extra support against the bullish trading makes us prefer more of the upside moves, to reach 258.00 level that will represent the initial extra target and surpassing it might extend the trading to 267.00.
The expected trading range for today is between 238.00 and 258.00
The expected trend for today: Bullish
Commodities News
Commodities
Gold about to trade above $2400
2024-05-16 09:55AM UTC
Gold prices rose in European trade on Thursday, extending gains for the third straight session and ...
Commodities
Nickel edges up as dollar tumbles
2024-05-15 15:57PM UTC
Nickel prices rose on Wednesday as the dollar slid against major rivals following major US ...
Commodities
Oil prices slide to 3-month trough on grim outlook for global demand
2024-05-15 14:37PM UTC
Global oil prices skidded in American trade on Wednesday to three-month lows, sharpening losses for ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 16-05-2024
2024-05-16 09:26AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows weak trades since morning, ...
Commodities
Crude oil price forecast update 16-05-2024
2024-05-16 09:26AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price finds good resistance formed by ...
Commodities
Silver price forecast update 16-05-2024
2024-05-16 09:26AM UTC
Silver Price Analysis Expected Scenario Silver price shows sideways trades since ...