WHEAT is on accumulation mode at the moment. The prospect for a big price shift is very high from a weekly perspective. A revisit to 1k levels is possible within the year. SEEDED L at 674.0 TAYOR.
Sugar prices have soared this year, up +21.6%1 owing to concerns about tight global supplies. Lower Indian supply coupled with weaker than expected output from Thailand, (at the second and third largest sugar exporters respectively) continue to provide a tailwind for sugar prices. While Brazil’s harvest in the coming months is expected to be strong, logistical...
After a decade Sugar is now ready for the breakout move. A simple trade with great risk-reward. Soon we will be hearing many complaints about food inflation.
falling for decades, sugar has been a poorer investment than gold
Price is coming from a Monthly Demand and now is in a Daily Demand the pullback is over and ther Reward to Risk ratio is also good. Hence a Long one,,, Enjoy the rise!!!
Price boost and upward momentum on Raw Sugar, after India declared that a downward revision on its sugar cane crush. Being the second largest manufacturer of sugar in the world, this news had a positive effect on the price of the raw material. Both MACD and RSI are confirming the current trend. If it continues, the price might reach levels of 25.539 As a pivot...
Its usually time to fade the American urge to "Eat Healthy this Year" by the time the leaves start showing up on the trees again. Add to Krispy Kreme between 12-13 dollars. "As society becomes more and more complex, cheating will in many ways become progressively easier and easier to do and harder to police or even understand."
Continuous Corn – Weekly: (Busy Chart) Currently in a sideways grinder going into an acres battle and Weather Market. Do not hesitate to Make decisions. The Red downtrending pitchfork controls the trend. Nearby resistance against the upper red line is set up with the 6.93 retracement target but volume by price resistance at 6.75-6.80. If the red line is broken...
Looks like Sugar is breaking out after forming a bottom in the past 3 years.
Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Are you looking to make a trade out of Easter weekend? Look no further than Cocoa futures, or chocolate. Cocoa is a soft commodity that...
Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation! Bulish: We are preparing for a trend continuation after the break of the resistance level that we are currently in, for entrys we gonna wait a strong candle, a pattern cadle or something like that. Bearish: Here for the bearish operation we are...
CC1! short daily Price is near the dynamic resistance in weekly time frame, and i think price reverse from this zone.
Price of sugar is in range for quite a while .the range structure could break & retest in upcomings days. As the inflation peaks with high interest rates.the effect of rates will be seen for months.
markets looking weak here long way down, good for coffee shops bad for farmers.
As shipping cost drops we see that corn , wheat , cotton are dropping fast. This is a disinflational signal OR a big recession signal. We will see what is going to happen after today's NFP and unemployment numbers. Corn is at a good support point. It may rise again if we see NFP is lower than expected or an increase in the unemployment numbers. Disclaimer –...
Parabolic run during 2023 is likely. WHEAT (ZW1!) is ooking good as well. equal highs.
2022's droughts and the Ukraine War put a lot of the world's food supply into question. Food commodity futures had a pretty bullish year. Since we're in mid-February and Western Hemisphere growing season is right upon us, fertilizer stocks are really worth paying attention to. Food scarcity is an even bigger issue with the Wuhan Pneumonia pandemic smashing Xi...
Wheat is in a very strong uptrend... Targets 1.650 ... 2.150... 2.400