TOP50’sTOP10 (XRPUSD, MATICUSD, ATOMUSD, BNBUSD, ETHUSD, SOLUSD, CROUSD, XTZUSD, EOSUSD, BTCUSD)
Month: September 2022
Arabica Coffee (KC) Reclaims 38.2% Fib Retrace of Jul-Aug Rally
Arabica Coffee (KC) rebounded more than 1% yesterday, closing near triangle resistance (on the daily chart). With KC back above the 38.2% Fib retrace of the July to August rally, it has all but halted its slide from downchannel resistance (on the weekly chart)…
Coffee Daily Sep 23, 2022
Arabica Coffee (KC) rebounded more than 1% yesterday, closing near triangle resistance (on the daily chart). With KC back above the 38.2% Fib retrace of the July to August rally, it has all but halted its slide from downchannel resistance (on the weekly chart)…
GBPAUD Weekly Chart Descending Wedge Near Complete
The GBPAUD is trying once again to bounce off the psychologically key 1.70 whole figure level and descending wedge support (on the weekly chart). A daily close above downchannel resistance (on the daily chart) would likely be followed within a week after by a test of the September high and descending wedge resistance (on the weekly chart)…
Coffee Daily Sep 22, 2022
Arabica Coffee (KC) slid almost 2% yesterday, consolidating near triangle resistance (on the daily chart). With KC still above the 50% Fib retrace of the July to August rally, it is trying to halt its slide from downchannel resistance (on the weekly chart)…
Silver (SI) Weekly MACD Trying to Positively Cross
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Coffee Daily Sep 21, 2022
Arabica Coffee (KC) surged almost 2% yesterday, breaking above triangle resistance (on the daily chart). With KC reclaiming the 38.2% Fib retrace of the July to August rally, it appears to have halted its slide from downchannel resistance (on the weekly chart)…
Nasdaq100 (NQ) Tries Halting Slide to 2022 Low Ahead of FOMC
Nasdaq100 (NQ) is trying to halt the slide from the August peak of the Dead Cat bounce, attempting to form a higher September low versus the June low. Regardless of the short covering this week with the highly anticipated US FOMC statement, press conference and federal funds rate announcement on Thursday, and US flash services PMI and Fed Chair Powell’s comments on Friday, the bounce off downchannel support (on the daily chart) is unlikely to reach downchannel resistance before month end…
Coffee Daily Sep 20, 2022
Arabica Coffee (KC) rebounded more than 2.5% yesterday, bouncing off triangle support (on the daily chart). With KC reclaiming the 50% Fib retrace of the July to August rally, it is trying to halt its slide from downchannel resistance (on the weekly chart)…
Soybean (ZS) Weekly MACD Trying to Positively Cross
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