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.

2024-10-28T13:04:35+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.​​

2024-10-28T11:41:59+0000

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

2024-10-25T10:50:17+0100

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

2024-10-10T09:18:50+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.

2024-09-09T14:09:51+0100

We would like to use the bounce from last week’s low in orange juice futures to go short with a stop loss above their record high at 488.00 and a downside target at 410.00.

2024-09-02T13:13:48+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.

2024-06-17T12:17:18+0100

Front month NY cotton futures continue to trade in an upward trend and we would like to use the current minor corrective move lower to go long with a stop loss at 8,270 and an upside target around 9,000.

2024-01-31T12:48:07+0000