-The strong increase in coffee prices is due to the strengthening of BRL and the fear of frost -The Brazilian hurricane delayed harvest, which could lead to a deterioration in crop quality -Coffee consumption has risen to historic highs, but it is not yet visible at coffee bars -Farmers receive only 10% of the final consumer price, so they don't get too much...
Coffee is on a low price, good entry for long position
Please note Swing or Trend trading on Futures product may require maintaining position beyond Futures Contract expiration. www.latimes.com An older articles but relevant as there are 1-2 years price lag due to the natural of supply and demand of coffee global supply chain. thecoffee.blog
Coffee is trading near multi year horizontal support of 95 cents. While excessive supply and falling Brazilian real crushed the prices, there is ray of hope ahead. With price almost reaching 95 level which seems safe accumulation level, there can be gains in coming months. Farmers in Brazil are reducing coffee cultivation area will lead reduction in inventories in...
Wait for confirmation of resistance from the upper trend line before the price heads down again. This is supported by the high RSI level. Like the idea if you agree and subscribe for more tips like this.
After such a dramatic rise in a down trend the price is due for a correction downwards. Also the RSI was very high as well so that supports this prediction. Like the idea if you agree and follow for more like this.
Thought i would not find a market more promising for the future than platinum but i've been proven otherwise. Coffee is lower than it has ever been in it's life cycle and can only imagine this is the end of downtrend and may form a wick around 1.0100 where expected to bottom out and start headed upwards. Do not miss out on a great buying up opportunity and watch...
This is what I expect to unfold over the coming weeks and months: While Coffee is relatively muted of late, when it breaks out it normally breaks out strongly. An ending 5th wave diagonal seems to be the rule rather than the exception the the end of any downward move. As always, it is difficult to count the ABCDE waves in a pattern like this - and there is no...
Long Coffee area 100.00-120.00 with target 145.00 - 170.00 - 200.00
Hey there! We had a breakout and a deep pullback, let's look for a buy set up! - Hey todos, Tuvimos breakout y un pullback profundo, busquemos una confirmación de compra! Carlos
The coffee has broken this small degree downtrend. Now it look overextended, so i'm expecting a correction before a potential wave up.
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive In percents away from all-time high & low by last close (32 Commodities) drive.google.com Best regards :) Aaron