(VIANEWS) – Cocoa (CC) has been up by 6.31% for the last 10 sessions. At 05:51 EST on Wednesday, 6 September, Cocoa (CC) is $3,637.00.
Volume
Today’s last reported volume for Cocoa is 1591, 99.98% below its average volume of 12536305.23.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 0.60%, 1.86%, and 1.76%, respectively.
Cocoa’s highest amplitude of average volatility was 0.60% (last week), 2.30% (last month), and 1.76% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Cocoa’s commodity is considered to be overbought (>=80).
News about
- According to FXStreet on Wednesday, 6 September, "Elsewhere, the US Dollar Index (DXY) seesaws at the highest level since March 15, dicey near 104.80 at the latest, while prices of Gold and WTI Crude Oil tread water around $1,925 and $86.40 as we write."
- According to FXStreet on Monday, 4 September, "Also, traders will take cues from the EIA Crude Oil Stocks Change data for the week ending September 1 due on Wednesday. "
- Crude oil forecast: sees upward pressure, look for value – 05 September 2023. According to DailyForex on Tuesday, 5 September, "Considering the West Texas Intermediate (WTI) Crude Oil market, a marginal decline followed an initial upward gap on Monday. ", "Within the WTI Crude Oil market, a temporary decline follows an initial upward gap, with the weight of Labor Day’s impact and overbought conditions. "
- Crude oil forecast: looks to the upside – 04 September 2023. According to DailyForex on Monday, 4 September, "In conclusion, the WTI Crude Oil and Brent markets present intriguing dynamics in Friday’s trading session. "
More news about Cocoa (CC).
