Category: Coffee Daily

Arabica Coffee (KC) edged nearly 1% higher Friday (on the May contract) ahead of yesterday’s US Presidents’ Day, but remains vulnerable to extending the consolidation since late December for at least another week. Any weekly close above the February high though would dramatically increase the likelihood of a break above the 2023 high (formed in December on the March and continuous contract as seen easier on a monthly contract tradingview.com) and the psychologically key 2 whole figure level in the week after…

Arabica Coffee (KC) bounced more than 1% yesterday (on the May contract), but remains vulnerable to extending the consolidation since late December for at least another week. Any weekly close above the February high will probably have to defer until sometime in March, and would dramatically increase the likelihood of a break above the 2023 high (formed in December on the March and continuous contract as seen easier on a monthly contract tradingview.com) and the psychologically key 2 whole figure level in the week after…

Arabica Coffee (KC) slid more than 2.5% lower yesterday (on the May contract), and appears like it will have to extend the consolidation since late December for at least another week. Any weekly close above the February high and test of the psychologically key 2 whole figure level will probably have to defer until sometime in March…

Arabica Coffee (KC) slid more than 1% lower yesterday, and appears like it will have to extend the consolidation since late December for at least another week. Any daily close at a fresh February high will dramatically increase the likelihood of a test of the psychologically key 2 whole figure level by sometime in the week following…

Arabica Coffee (KC) soared nearly 4% Friday, and has arguably completed the consolidation since late December. KC is poised to continue its Bull Flag (on the weekly chart) for a daily close above the psychologically key 2 whole figure level by sometime this week…

Arabica Coffee (KC) soared nearly 4% Friday, and has arguably completed the consolidation since late December. KC is poised to continue its Bull Flag (on the weekly chart) for a daily close above the psychologically key 2 whole figure level by sometime this week…

Arabica Coffee (KC) bounced more than 1% yesterday, and appears to be nearing completion of the consolidation since late December. KC is less likely in February to slide back to the January low, than to extend back to Bull Flag resistance (on the weekly chart) or to the psychologically key 2 whole figure level…

Arabica Coffee (KC) slid more than 0.5% yesterday, and is vulnerable to further consolidation ahead of the weekend. Nevertheless, KC appears less likely before in February to slide back to the January low, than to extend back to Bull Flag resistance (on the weekly chart) or to the psychologically key 2 whole figure level…

Arabica Coffee (KC) slid more than 1% yesterday, but is in the early process of trying to form a weekly Doji just below last week’s weekly Doji. KC appears unwilling to slide back to the January low, but an extension back to Bull Flag resistance (on the weekly chart) or to the psychologically key 2 whole figure level isn’t likely before mid month…