Cocoa Futures Went Up By Over 9% In The Last 21 Sessions

(VIANEWS) – Cocoa (CC) has been up by 9.16% for the last 21 sessions. At 08:50 EST on Tuesday, 30 July, Cocoa (CC) is $7,994.00.

Volume

Today’s last reported volume for Cocoa is 2516, 99.97% below its average volume of 9621281.95.

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

  • According to FXStreet on Monday, 29 July, "Apart from this, a modest US Dollar (USD) weakness, led by bets for an imminent start of the Federal Reserve’s (Fed) policy easing cycle, lends additional support to Crude Oil prices.", "Traders might also prefer to wait for the outcome of a two-day FOMC monetary policy meeting on Wednesday, which will play a key role in influencing the USD price dynamics and provide some meaningful impetus to Crude Oil prices. "

More news about Cocoa (CC).

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