Coffee Futures Bearish Momentum With A 15% Drop In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 15.66% for the last 21 sessions. At 05:51 EST on Wednesday, 12 July, Coffee (KC) is $158.05.

Volume

Today’s last reported volume for Coffee is 877, 95.58% below its average volume of 19878.64.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.14%, a negative 2.48%, and a positive 2.19%, respectively.

Coffee’s highest amplitude of average volatility was 1.14% (last week), 2.48% (last month), and 2.19% (last quarter), respectively.

News about

  • Crude oil forecast: show signs of potential breakouts – 11 July 2023. According to DailyForex on Tuesday, 11 July, "The West Texas Intermediate Crude Oil market opened slightly negative on Monday but found support from buyers, aiming to push towards the $75 level. ", "The WTI Crude Oil market began Monday’s session with a slight negative sentiment but found support from buyers, signaling a push towards the $75 level."
  • According to FXStreet on Monday, 10 July, "This, along with positive oscillators on the daily chart, suggests that the path of least resistance for Crude Oil prices is to the upside. ", "Western Texas Intermediate (WTI) Crude Oil prices struggle to capitalize on the recent rise witnessed over the past two weeks or so and face rejection near the 100-day Simple Moving Average (SMA) on Monday. "
  • According to FXStreet on Tuesday, 11 July, "Even so, the prices of Gold and Crude Oil remain dicey near $1,925 and $73.20 at the latest."

More news about Coffee (KC).

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