The market remains in a steep downtrend but after the sharp break of the past two weeks, futures could see some recovery bounce or at least some consolidation. Continue Reading…
Posts Tagged ‘Coffee’Coffee Market Analysis
Posted May 24 2013
The market remains in a steep downtrend but after the sharp break of the past two weeks, futures could see some recovery bounce or at least some consolidation. Continue Reading… Coffee Market Analysis
Posted May 23 2013
After the steep losses of the past 10 days and seven consecutive lower closes, Continue Reading… Coffee Market Analysis
Posted May 22 2013
While in a short-term oversold condition, the coffee market has shown no signs of holding support inside of the 3-month consolidation this week and Continue Reading… Coffee Market Analysis
Posted May 21 2013
There seems to be enough short-term supply of coffee and enough optimism for a large harvest out of Brazil beginning next month to keep pressure on the futures market. Continue Reading… Coffee Market Analysis
Posted May 20 2013
A lack of threatening weather on the horizon for Brazil coffee areas and ideas that the new harvest will pressure global prices combined with Continue Reading… CFTC: Hedge funds hold record short in gold
Posted May 20 2013
Hedge funds increased their overall exposure to rising commodity prices by just 8,000 contracts during the week ending May 14. Continue Reading… Coffee Market Analysis
Posted May 17 2013
July coffee managed to hold key support on the set-back yesterday at 138.85 on a closing basis and a move back over 142.65 could be seen as a sign of a resumption of the uptrend. Continue Reading… Coffee Market Analysis
Posted May 16 2013
The lack of serious short-term weather issues in Brazil and a strong bearish influence on commodities from outside markets helped to Continue Reading… Coffee Market Analysis
Posted May 15 2013
Holding shallow support this week is impressive for coffee futures especially considering the surge in the USD and Continue Reading… Coffee Market Analysis
Posted May 14 2013
The cold season in Brazil and continued concerns that Roya fungus will remain a production issue in Central America are factors which have helped to support the recent strong recovery bounce. Continue Reading… |