Cocoa Futures Bullish By 9% In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 9.86% for the last 21 sessions. At 04:53 EST on Thursday, 2 March, Cocoa (CC) is $2,831.00.

Volume

Today’s last reported volume for Cocoa is 0, 100% below its average volume of 14952993.91.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 0.88%, 1.03%, and 1.45%, respectively.

Cocoa’s highest amplitude of average volatility was 0.88% (last week), 1.32% (last month), and 1.45% (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 oversold (<=20).

News about

  • According to FXStreet on Tuesday, 28 February, "The USD/CAD bulls, meanwhile, seem unaffected by a goodish pickup in Crude Oil prices, which tend to underpin the commodity-linked Loonie. "
  • According to FXStreet on Wednesday, 1 March, "Furthermore, an intraday downtick in Crude Oil prices might undermine the commodity-linked Loonie and supports prospects for the emergence of some dip-buying around the USD/CAD pair. "

More news about Cocoa (CC).

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