Technical Analysis: US Coffee
US Coffee CFD closed lower Monday and the mid-range close set the stage for a steady to higher opening Tuesday.
Stochastics and the RSI are Bullish indicating that sideways to higher prices are possible near term.
If US Coffee extends this month’s rally, the reaction high crossing is the next Northside target.
Closes below the 10-Day MA crossing will confirm that a short term top is in.
Latest posts by Paul Ebeling (see all)
Trade FX, Equities and Options with the World's Leading Platform Open an account here , call us at 305 4904 116, or email us to get started.
Friday's Technical Analysis: DJIA (.DJI) US30 Index (DJIA) CFD closed ... read more
Forex Technical Analysis: EUR, JPY, CHF, GBP Euro (EUR) EUR ... read more
Friday' Technical Analysis: Spot Gold Spot Gold closed higher Thursday. ... read more