Coffee_analysis
Coffee arabica outlookfundamentals are important - Brazil gained +4% in new coffee producing land last year - they have 40% of global output => +1,6% world coffee production only from Brazil and good weather conditions (until now).
their currency is to watch too! As long as Bolsonaro is president its really difficult, because they can easily convert rain forest to agricultural lands, witch is bad for coffee prices (and the world too).
in the long term coffee needs to go to 1.50 - 1.70
September/October its more interesting - El Niño
Coffee (KC) analysisAfter the strong bullish speculation on sugar finally ended, with the price is returning to more realistic values, my attention shifted to coffee.
Coffee, which was also heavily speculated upwards, reaching an absurd price of $ 140, has returned to the $ 100 area and then rebounded. At the end of the bounce, as you can see from the chart below, a distribution phase has begun, what in the candlestick analysis is called "checkmate."
Coffee, if there is no particularly positive news and data, will fall again in the coming weeks. Both because of the coronavirus effect, and because Brazilian production has grown a lot (also helped by the favourable climate), which will bring the price down.
Also (confidential news), a well-known Italian coffee company is still waiting to fix the price of the next deliveries, as it is sure that the contango will drop, as well as the prices.
Next short targets: $ 106.50/108.00 - $ 101.00 - $ 97.50/99.00 - $ 94.00.
Coffee: Supply and DemandIf you like this idea, don't forget to support it clicking the Like Button!
Coffee futures continued to drop, now trading on a strong support area ($115). The price has recently soared ($142) due to Brazil's supply difficulties. On the other hand, I'm expecting Coffe demand to be stable or even grow, supporting the rise of Coffee prices.
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor.
KC, Coffee C Futures - Symmetrical Triangle on Coffee FuturesICEUS:KC1!
Commodities are very volatile assets that can generate excellent profits if traded with discipline and awareness of their volatility.
In this case we are monitoring the compression of the price that is represented by the symmetrical triangle pattern, often symptom of potential breakout with subsequent trend.
We have set the alerts and we are waiting.
www.theice.com
Coffe fundamental analysis-The strong increase in coffee prices is due to the strengthening of BRL and the fear of frost
-The Brazilian hurricane delayed harvest, which could lead to a deterioration in crop quality
-Coffee consumption has risen to historic highs, but it is not yet visible at coffee bars
-Farmers receive only 10% of the final consumer price, so they don't get too much from growing demand
-In contrast, large coffee makers such as Nestle or Starbucks generate huge profits
-This year, the International Coffee Organization ( ICO ) reduced the surplus by 7.5% to 3.4 million bags.
-From the market situation we can see that long positions increased while short positions decreased
-Coffe stocks in American ports fell, a similar situation in 2013 followed by a strong coffee exchange rally
-Farmers receive only 10% of the wholesale price of coffee . Current low prices may cause some South American farmers to collapse. In the long run, this can support a rise in coffee prices.
-After several months of coffee reserves in American ports, this may remind us of the situation in 2013 and 2014.
-I set my first tp at 120, second at 125, i show only my second tp at my chart, but I think you can set to 150 or more.
US Coffee Long Position Idea - Opinion KC1!Hi there. This is a recent analysis for an undervalued commodity which is US Coffee KC1!. As you see from the weekly chart Coffee price reached the bottom bollinger band, after this price movement it is expected to bounce again for the median of 20 weeks of bollinger at targets the price of 101,5$. This signal is also confirmed from RSI which is at oversold price level of 40. +DI from ADX is also at oversold level which is going to change over time and give a solid buy signal. This bounce might be helped from the highly demand in this specific commodity which is beloved worldwide.
**This is not an investment advice, it is only for educational purpose**
Invest with safety.
Coffee reaches accumulation levelsCoffee is trading near multi year horizontal support of 95 cents. While excessive supply and falling Brazilian real crushed the prices, there is ray of hope ahead. With price almost reaching 95 level which seems safe accumulation level, there can be gains in coming months. Farmers in Brazil are reducing coffee cultivation area will lead reduction in inventories in coming months. Price hovering near critical long term support risk to reward is very low for investing in coffee for some months.
Please feel free to leave comments and get in touch with us on:
Twitter: bit.ly/2o9ItrA
Youtube: bit.ly/2Nh8sbE
Tradingview: bit.ly/2PCbed1
Happy Trading!
Team Bitbloxx
'BUY' AND STOCK UP ON COFFEE, WATCH IT GROW FOR YEARS TO COME!Thought i would not find a market more promising for the future than platinum but i've been proven otherwise. Coffee is lower than it has ever been in it's life cycle and can only imagine this is the end of downtrend and may form a wick around 1.0100 where expected to bottom out and start headed upwards. Do not miss out on a great buying up opportunity and watch your investment grow in years to come.
I bought in with a relatively small buy and watching market closely waiting for trend reversal confirmation before adding a larger buy.
I suggest working on the monthly view (1M) timeframe, using the MACD, Stoch RSI and CM_Ultimate_MA__MTF_V2 (combo of multiple indicators created by someone and accessible if you have pro account on tradingview).
Do set stop losses but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
Coffee C Futures possible medium term viewThis is what I expect to unfold over the coming weeks and months:
While Coffee is relatively muted of late, when it breaks out it normally breaks out strongly.
An ending 5th wave diagonal seems to be the rule rather than the exception the the end of any downward move. As always, it is difficult to count the ABCDE waves in a pattern like this - and there is no guarantee of an upwards breakout) but a breakout with good volume would seem worth buying (there are a couple of bear and bull traps evident already),
- There seems to be rather strong support acting on the floor of coffee for the past few years (vertical arrows) at around $100 - wave (C) could not extend 1:1 of wave (A) because that would mean negative prices.
- When prices drop this low, a strong bounce normally occurs,
- I would wait to trade this after it forms wave 1 and 2 up (at least a triangle trend-line break, retrace <100% of wave 1, and a break of the wave 1 extreme with conviction - then hang on for the ride. Due to the large volatility in its swift price increases, I would keep my stop-loss just below the start of the move until I can clearly identify the larger degree wave 2 and then wave 4.
This is only published for my own education and interest. I do not presently participate in a platform that will allow me to trade coffee but I will want to change this as its potential volatility is very attractive. This is 100% technical analysis and 0% fundamental analysis. I am interested as to whether TA can stand on its own two feet.
I have noticed that I haven't being paying less for a cuppa as the commodity prices decline, so I also won't accept price increases when the underlying commodity price does jump.
Your morning buzz getting cheaperYo dudes and dudetts! Your monring coffee is getting cheaper this summer! Well, at least in the short term that's what it looks like.
Coffee has been moving steadily lower inside its range since the beginning of the year. There's a pretty clear trend looking at the highs from December/January. As we approach the edge of this I'll be expecting a breakout lower, at least initally, after that lets see. My downside target is 110 corresponding to the fib exetnsion, although anything below 113 and I'll consider the start of a breakout to the lower obejctive. Will this breakout form the low of the year? Or will we keep going lower?
What's your opinion, up, down, sideways? Share your charts, and comments below! Would love to hear what you think! :)
Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.