Coffee

The current bounce off support in Arabica coffee futures points to the resumption of the long-term uptrend. This is why we would like to go long with a stop loss below the recent lows at 242.70 and an upside target around 272.00.

2024-10-29T03:20:10+0000

​​​Oil price drops 6% on hopes of Middle East de-escalation as Israel’s retaliatory strike avoided Iran oil facilities, gold stays bid while Arabica Coffee prices bounce off support.​​

2024-10-28T21:48:17+0000

​​​Gold range trades below record high as crude oil price recovers amid buying pressure ahead of weekend while Arabica coffee price drops.​​

2024-10-27T21:27:27+0000

​​​Brent crude oil, Arabica coffee bounce off support while silver price slips ahead of US CPI print.​​

2024-10-11T01:38:44+0100

We would like to use the current bounce to go short soybeans at 1,022 with a stop loss placed above resistance at 1,150 and a downside target around 910.

2024-09-10T06:08:28+0100

Corn looks to have ended its corrective move higher at last week’s 464 high, which is why we would like to go short the commodity, with a downside target around 410 and a stop loss at 465.

2024-06-19T07:12:44+0100

Robusta coffee prices seem to be in the process of topping out close to their April peak, which is why we would like to go short front month futures with a stop loss above the April high and a downside target at 3,405.

2024-06-04T08:17:06+0100

Since front-month robusta coffee futures have been trading towards the top of their August-to-November sideways trading range and have given a technical sell-signal we would like to short at 2,474 with a stop-loss above 2,569.

2023-11-29T14:44:17+0000