Midday update for Sugar price 26-10-2020

Economies.com
2020-10-26 09:19AM UTC

Sugar price trades negatively to press on the bullish trend line, and as we mentioned in our recent reports, the price needs to hold above this support at 14.35 to keep the bullish trend scenario active for the upcoming period, which targets 15.14 as a next positive station, noting that confirming breaking the mentioned support will press on the price to visit 13.73 before any new positive attempt.

 

The expected trading range for today is between 14.40 support and 15.00 resistance

 

The expected trend for today: Bullish

 

Commodities News

Palladium News

Commodities

Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Oil News

Commodities

Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...
Gold News

Commodities

How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Oil Analysis

Commodities

Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Silver Analysis

Commodities

Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...