Coffee C Futures ( KC1! ), H1 Potential For Bullish Bounce

Type: Bullish BounceKey Levels:Resistance: 237.45Pivot: 222.25Support: 210.00Preferred Case:With price moving above our Ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 237.45 in line with the horizontal swing high resistance from our pivot of 222.25 in line with the horizontal pullback support and 61.8% Fibonacci retracement .Alternative Scenario:Alternatively, price may break pivot structure and head for 1st support at 210.00 in line with the horizontal swing low support and 23.60% Fibonacci retracement .Fundamentals:No Major News

Source: Tickmill

Technical Analysis & Forecast 16.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave at 1.0664. After the correction, the market continues developing a decline wave

Murrey Math Lines 16.04.2024 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on D1, revealing the prevalence of a downtrend. The RSI has

Ichimoku Cloud Analysis 16.04.2024 (EURUSD, USDJPY, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is testing the lower boundary of the bearish channel. The pair is going below the Ichimoku Cloud, which suggests

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