Coffee Daily Jan 2, 2024

Arabica Coffee (KC) slid near 5% in Friday’s final trading day of the year, with healthy profittaking kicking in after the 2023 fresh high the prior week just above the psychologically key 2 whole figure level. Nevertheless, odds are elevated for a retest of December’s fresh 2023 high (on the March contract) by early January…

Coffee Daily Dec 21, 2023

Arabica Coffee (KC) surged a massive near 6% yesterday, closing at a fresh 2023 high (on the March contract). The continuous contract (as seen easier on a monthly contract tradingview.com) has lagged the March in its bullish performance, but is moderately and increasingly likely to form a fresh 2023 high by sometime in January…

Coffee Daily Dec 20, 2023

Arabica Coffee (KC) surged a massive near 6% yesterday, closing at a fresh 2023 high (on the March contract). The continuous contract (as seen easier on a monthly contract tradingview.com) has lagged the March in its bullish performance, but is moderately and increasingly likely to form a fresh 2023 high by sometime in January…

Coffee Daily Dec 18, 2023

Arabica Coffee (KC) edged more than 0.5% lower yesterday, with a 2nd straight daily Doji hovering just shy of its 2023 high (formed April on the March contract). Nevertheless, the continuous contract (as seen easier on a monthly contract tradingview.com) does not appear likely to form a fresh 2023 high until at least sometime in January…