Headlines

Cocoa Futures Bullish By 9% In The Last 5 Sessions

(VIANEWS) – Cocoa (CC) has been up by 9.67% for the last 5 sessions. At 05:50 EST on Monday, 14 October, Cocoa (CC) is $7,658.00.

Volume

Today’s last reported volume for Cocoa is 821, 99.99% below its average volume of 9157370.61.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.29%, a positive 0.82%, and a positive 1.83%, respectively.

Cocoa’s highest amplitude of average volatility was 2.15% (last week), 1.65% (last month), and 1.83% (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

  • Usd/cad eyes 1.3800 mark amid bullish usd, weaker crude oil prices. According to FXStreet on Monday, 14 October, "The momentum is sponsored by a bullish US Dollar (USD) and declining Crude Oil prices, which tend to undermine the commodity-linked Loonie.", "Meanwhile, Crude Oil prices open with a bearish weekly gap in reaction to softer Chinese inflation data released over the weekend, which pointed to a sustained deflationary trend and bods poorly with fuel demand. "

More news about Cocoa (CC).

Leave a Reply

Your email address will not be published. Required fields are marked *