Pobierz aplikację
COFFEE, D1:
Coffee futures have staged a powerful recovery, rallying decisively from a steep selloff that saw prices decline more than 30% from their April peak near the $4.41 per pound level. The commodity found strong support around the $2.80 mark, where it formed a double-bottom reversal pattern—also interpreted as a “W” pattern—signaling a robust shift in market structure and reinforcing a bullish technical outlook.
Prices are now advancing toward all-time high territory, with a clear break above the historic resistance level of $4.41 likely to confirm a resumption of the long-term uptrend and open potential for further gains.
Momentum indicators are strongly aligned with the bullish price action. The Relative Strength Index (RSI) has moved into overbought territory, reflecting sustained buying pressure, while the Moving Average Convergence Divergence (MACD) has crossed above its zero line and continues to diverge upward, supporting the case for continued near-term strength.
The combination of a major chart pattern completion and confirming momentum signals suggests the recovery is well-supported. A successful breach of the $4.41 level would be widely interpreted as a significant bullish milestone, likely attracting additional momentum-driven buying.
Resistance Levels: 4.256, 4.760
Support Levels: 3.290, 2.800
EURCAD, H4
The EUR/CAD pair has broken below its uptrend channel, signaling a shift toward a bearish bias. The downtrend extended in the latest session, with the pair sliding 0.37%.
The pair is now approaching a key support level near 1.5950, aligning with the 61.8% Fibonacci retracement level, where a technical rebound could be in play if buyers step in.
Momentum indicators continue to point to weakness, with the RSI edging lower and the MACD crossing below the zero line, underscoring the pair’s prevailing bearish momentum.
Resistance Levels:1.6120, 1.6175
Support Levels: 1.6000, 1.5950
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Zarejestruj się na Live Account w PU Prime za pomocą naszego procesu bez żadnych kłopotów.
Bez wysiłku doładuj swoje konto za pomocą szerokiego zakresu kanałów i akceptowanych walut.
Uzyskaj dostęp do setek instrumentów w ramach wiodących na rynku warunków handlu
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!