A comprehensive technical and fundamental analysis of the cocoa market with specific price targets and trading strategies Introduction The cocoa futures market has experienced an extraordinary journey over the past 45 years, culminating in recent historic price action that has captured global attention. Currently trading around $8,047 per metric ton, cocoa prices have witnessed an …
Introduction The chart displays the long-term price history of Frozen Concentrated Orange Juice A Futures (OJ) from approximately 1970 to the present, with projections into 2030. What’s immediately apparent is a significant price surge in recent years, particularly from 2021 to 2024, where prices reached historic highs approaching the $300 mark. This analysis will explore …
Introduction The chart shows a long-term view of Sugar No. 11 Futures spanning from approximately 1971 to projections reaching 2033. This analysis will provide a comprehensive multi-scenario forecast based on technical patterns, fundamental factors, and comparative market dynamics. Technical Analysis Major Support & Resistance Levels The chart displays a clear symmetrical triangle formation that has …
Introduction The coffee futures market, as displayed on the long-term yearly chart, presents a fascinating picture of historical price development and indicates significant future movements. This analysis combines technical chart patterns, fundamental factors, and market sentiment to provide a comprehensive outlook for coffee futures. Technical Analysis Key Price Levels and Chart Patterns The yearly chart …
Technical Analysis The chart reveals a clear symmetrical triangle pattern forming since 2011, with the upper resistance line connecting the 2011 peak (around 220 cents) with subsequent lower highs, while the lower support line connects the major lows from around 2000-2001 and 2020. Current price is hovering around 67.33 cents per pound. Major Support & …