Arabica Coffee (KC) slid more than 2.5% yesterday, looking vulnerable to breaking triangle support (on the daily chart) in the next day or so. KC is once again below the 50% Fib retrace of the July to August rally, and is at elevated risk this week of resuming its slide from downchannel resistance (on the weekly chart)…
Arabica Coffee (KC) slid almost 2% Friday, looking vulnerable to retesting triangle support (on the daily chart) this week. KC is once again below the 38.2% Fib retrace of the July to August rally, and is at elevated risk this week of resuming its slide from downchannel resistance (on the weekly chart)…
Arabica Coffee (KC) edged more than 1% lower yesterday, consolidating Wednesday’s strong bounce from triangle resistance (on the daily chart). KC remains comfortably above the 38.2% Fib retrace of the July to August rally, and has all but halted its slide from downchannel resistance (on the weekly chart)…
The GBPUSD is beginning to see some profittaking after the strong bounce off the fresh record low Monday. Regardless of the GBPUSD clawing back above downchannel support (on the weekly chart) after plunging below it this week, it remains at moderate risk of gravitating towards parity in October…
Arabica Coffee (KC) surged almost 2% yesterday, and appears to have finished consolidating just above triangle resistance (on the daily chart). KC is comfortably above the 38.2% Fib retrace of the July to August rally, and has all but halted its slide from downchannel resistance (on the weekly chart)…
Arabica Coffee (KC) edged higher with yesterday’s Doji further digesting Monday’s intraday surge above last week’s high. With KC closing above triangle resistance (on the daily chart) and above 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)…
Arabica Coffee (KC) rebounded more than 1.5% yesterday, surging at one point above last week’s high, but closing back at triangle resistance (on the daily chart). With KC above 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)…
Arabica Coffee (KC) slid almost 1.5% Friday, closing shy of triangle resistance (on the daily chart). With KC still above the 50% Fib retrace of the July to August rally, it appears to have halted its slide from downchannel resistance (on the weekly chart)…
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)…
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)…
