Sugar

Brent, silver capped by technical resistance as sugar price rush subsides due to loss of upside momentum.

2024-09-24T08:20:24+0100

The Brent crude oil price continues to recover from its multi-year low but may soon encounter resistance, while silver and sugar prices rally.

2024-09-19T07:58:50+0100

We would like to enter a long position on US #11 sugar with a stop loss below the May and August lows at 17.70 and an upside target at 21.00.

2024-09-16T12:07:28+0100

The past week has seen some big moves in the commodities space, notably with sugar prices rallying 11.6% to reach a three-week high.

2024-08-28T07:15:01+0100

As the Brent crude oil front month futures price nears significant support we would like to go long with a stop loss at 80.45 and an upside target slightly below the 90.00 mark.

2024-07-10T13:04:17+0100

As NY #11 sugar has come off its long-term downtrend line, we would like to go short with a stop loss at 22.65, and a downside target in the 17.00 region.

2024-07-03T14:59:40+0100

As NY #11 sugar is approaching its December low and May high resistance zone while remaining within its long-term downtrend, we would like to go short with a stop loss at 20.10, and a downside target in the 18.00 region.

2024-06-26T13:38:32+0100

US stocks stay muted ahead of the US Federal Reserve, which is seen holding rates steady this Wednesday. Much attention will be on what US policymakers say rather than what they do.

2024-03-19T13:56:07+0000