Corn future May 2022 - ZCK2022 Break out of the triangle pattern. Uptrend continues Buy at current price 754 Stoploss: 740 Take profit - TP1: 782, TP2: 824.
Soybean meal future May 2022 - Sideway 470-490 Buy limit at 467 - 470 Stoploss: 464 Takeprofit 484.
ROUGH RICE FUTURES (MAY 2022) - Bullish BUY limit at support: 15.52 - 15.67 Stoploss: 15.40 Takeprofit: 16.42
KCK2022 (Coffee Futures) | H4 Bullish Bounce Buy limit at support 215.75 - 219.30 Stoploss: 210.20 Take profit TP1: 230 và TP2: 241
Sugar no 11 future may 2022 Buy limit 18.82 - 18.97 Stoploss 18.57 Take profit 19.75
ROBUSTA COFFEE FUTURES MAY 2022 (RCK2022) Long term strategy with D1 Sell at entry 2167, and waiting for resistance 2206-2231 Stoploss: 2288 Take profit" 2062
CRUDE OIL FUTURES (MAY 2022) WTI has stabilised in a thin $102-$106ish range and at current levels in the $103.00s trades broadly flat. According to the International Energy Agency, oil markets could lose as much as 3M barrels per day in supply from Russia from April. Daily Pivot Point S1 96.12 Daily Pivot Point S2 90.16 Daily Pivot Point S3 86.88 Daily Pivot...
HENRY HUB NATURAL GAS FUTURES (MAY 2022) Uptrend, long position Support area: 4.674 and 4,340.
The price has rebounded today, after falling to the support area of 138-140. However, the fact that the price has not broken through the confluence between EMA21 and EMA100 above H4 further with EMA21 cutting below EMA100 has raised concerns for the buyers. => Recommendation: Sell if the price rises to 158, STP 172, TP1: 140, TP2: 130.
Cocoa future May 2022 A downtrend is formed with the price breaking the uptrend above H1 and cutting it below. Moreover, the price continues to move below the EMA21 and EMA100 above the H1 which supports the price to continue falling. => Recommendation: Sell if the price rises to the 2667 area, take a loss 2722, take a profit at 2545.
Buy at area price 15.80-15.93 Stoploss: 15.64 Take profit: 16.45
Long if price at fibo 50-61.8 ( 2570 - 2600 ) Stoploss: 2505 Take profit: 2675
GBP/USD is holding the lower ground below 1.3650, as the US dollar rebounds amid a spike in Treasury yields => The pullback from the DMA200 - 1.3740 and the breakdown of the ascending trendline at 1.3680 have motivated the bears to return to the market. Next targeted area 1.3600 and 100-DMA 1.3550. => Besides, the bullish force of the British Pound is still there,...
EUR/USD bears attack 1.1400 in a three-day downtrend amid strong yields. Although failures to cross the 100-day EMA surrounding 1.1480 restricts the short-term upside of the EUR/USD prices, the 50-day EMA level of 1.1380 limits the pair’s immediate downside. => The break of 1.1380 zone will create more momentum for the sellers to continue pushing the EU towards...
USD/JPY bulls take the lead and run towards 115 the figure. But now USDJPY is hitting resistance and it is possible that there will be a pullback - pull back - down before returning to the upside. => Area 114.50 and 114.00 will be support for buyers to consider buying => A drop back below 113.5 could increase bearish pressure once again.
Gold (XAU/USD) prices stay on the front foot near intraday high of $1820 during Tuesday’s Asian session. The yellow metal portrayed a sluggish start to the week while marking a Doji candlestick on Monday following the two-day downside. => a clear upside break of the 61.8% Fibonacci retracement (Fibo.) - $1830 -1833 that become necessary for the gold buyers to...
The price dropped after hitting the 0.7180 resistance area, currently trading at 0.7100 => If the price still below the resistance level of 0.7180, there is always a chance that the sellers are ready to push the AU down to 0.7080, deeper into the D1 support area (0.7030). => On the contrary, the buyers are always ready at two important price zones: Support zone D1...