CFDs on Sugar

OANDA

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SUGARUSD

Purple = weekly Orange = 4H Yellow = 1H Green = 15M

Comments on the chart

Hi Traders, we are still in bullish trend for sugar and we going to join the trend now. good luck

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Watching for a bounce at the support line 1155. Bearish indicators looking to bottom here soon. Getting ready for the buy signal.

Comments on the chart

Suggar price is expected to fall until the mid of August after that it will redirect to up trend mostly until the begining of October.

After a strong rise in the price of sugar, the price is consolidated by forming a flag. As the flagpole is bullish, the exit will probably be bullish. And the bottom trend is bullish, everything makes us think about rising sugar in not very long.

SUGARUSD is currently consolidating at the peak of its uptrend, with clear resistance and support levels at 0.12506 and 0.12110 respectively. However, the formation of a Double Top pattern, along with a bearish Head and Shoulders pattern against the backdrop of the 2nd leg of the Double Top, suggest a strong possibility for a bearish reversal. On the...

Hello Traders, SUGAR/USD 0.12052 VS 0.12668. Looking for Yellow: a Break and continuation / corrective / Consolidation Pattern at 0.12546 / 0.12668 To Continue the upside movent towards 0.13120 / 0.3372. Or Blue: Possible Completion Consolidation /Continuation / Corrective Pattern 0.12546 to Retest / Break previous Lows once more 0.12052 / 0.12080 towards...

It may be difficult to have a slice opinion on the evolution of the price of sugar. what i can say is that we are in bullish channel, but in fact it does not look too much like a bull flag, synonym of continuation of tandem. That is to say that we are still bearish on sugar. At court term we can come try the support 0.113 and 0.116 to bounce to join the resistance...

- Ichimoku setup favors bullish positions - Price retested key support - Heikin-Ashi momentum signals a reversal and a possible buy signal Initial tgt at 13,30+, Risk/Reward ratio is appr. 2,60

The price is lateralizing in this channel composed by the static support at $ 11.50 and the resistance identified by 78.6% of Fibonacci set at $ 13.15. This raw material, in the very short term, seems intent on retesting the high area of the channel just mentioned. On the weekly time frame it closed the week above the dynamic resistance identified by the EMA20...

Sugar looks to be in an uptrend with Oil falling further, If you feel confident in sugar pushing higher, look for entry on the trendline for a nice R/W ratio

SUGARus , long term perspective on the UP Trend : third Eye

strong base for upward movement

Sugar had a massive bear run during September 2016 - September 2018. Now the movements are low volatile and everything seems like sugar is preparing for bull run. COT (Commitments of traders) is also very, very bullish. Price already broke trendline on smaller time frames, creating higher highs. Trade for couple months, IMHO.

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