Arabica Coffee (KC) slid more than 1.5% Friday, closing near downchannel resistance (on the weekly chart connecting the February and June highs). With KC back in the upchannel (on the 4hr chart), odds are moderately high for a test of upchnannel support sometime this week…
Month: September 2022
Corn (ZC) Weekly Doji Near 50% Fib Retrace of May-Jul Slide
Corn (ZC)’s bounce off the July low appears to have ended for now with last week’s weekly Doji closing around the 50% Fib retrace of the May to July slide. ZC has also bumped up against what is arguably triangle resistance (on the daily and weekly chart)…
Coffee Daily Sep 5, 2022
Arabica Coffee (KC) slid more than 1.5% Friday, closing near downchannel resistance (on the weekly chart connecting the February and June highs). With KC back in the upchannel (on the 4hr chart), odds are moderately high for a test of upchnannel support sometime this week…
Polygon (MATICUSD) Retesting Dec-Aug Downtrend Resistance
TOP50’sTOP10 (MATICUSD, ATOMUSD, ETHUSD, BNBUSD, AVAXUSD, XTZUSD, DOTUSD, SOLUSD, FTTUSD, BTCUSD)
Arabica Coffee (KC) Weekly MACD Positively Crossing
Arabica Coffee (KC) consolidated yesterday for a 6th straight day after 3 strong consecutive up days. With KC near the highest level since June, and digesting the break above downchannel resistance (on the weekly chart connecting the February and June highs), KC has all but completed a Bull Flag consolidation (on the weekly chart)…
Coffee Daily Sep 2, 2022
Arabica Coffee (KC) consolidated yesterday for a 6th straight day after 3 strong consecutive up days. With KC near the highest level since June, and digesting the break above downchannel resistance (on the weekly chart connecting the February and June highs), KC has all but completed a Bull Flag consolidation (on the weekly chart)…
USDCAD Nearing 2022 High Ahead of NFP
The USDCAD is nearing the 2022 high, with the catalyst for forming a fresh 2022 high arriving as early as today following the 10am EST US ISM manufacturing PMI. More likely though is for any break to occur only after Friday’s highly anticipated US Non-Farm Payrolls and unemployment rate…
Coffee Daily Sep 1, 2022
Arabica Coffee (KC) consolidated yesterday for a 5th straight day after 3 strong consecutive up days. With KC near the highest level since June, and digesting the break above downchannel resistance (on the weekly chart connecting the February and June highs), KC has all but completed a Bull Flag consolidation (on the weekly chart)…