Coffee wait and see

ICEUSA:KC1!   Coffee
Arguments for upside:
- Broke 100 day MA at 132
- Several MAs crossing
- Fundamental tightness supports prices

Arguments for downside:
- Weakening future spreads
- Low volume on advance during past two days

What is the deciding factor?
- Currency rate USD/BRL. Long time highs
- If the USD/BRL retraces more (currently overbought on daily, weekly and monthly time frames), higher prices to come, but fundamental picture for Brazil doesn't really support the REAL to appreciate any time soon
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out