Advertisements

Technical analysis: ICE raw sugar prices will continue to rise in the future

by Joy

On June 21, analysts at Economies have the latest opinion today: ICE raw sugar prices show a stable bullish bias, stabilizing around the 26.00 level, waiting to gain upward momentum to push prices to continue to rise and head to our next target of 26.80.

Overall, the uptrend will continue for some time to come unless 25.25 is breached and the decline continues, and it is worth noting that EMA50 continues to support the suggested bullish wave.

Advertisements

Today’s expected trading range is between 25.70 support and 26.60 resistance.

Advertisements

You May Also Like

blank

Futuresstocktrading.com is a comprehensive futures information portal. Whether you’re a novice or seasoned trader, find futures news, futures market, futures trading tips, and futures basic knowledge to enhance your trading prowess and financial success.

[Contact us: [email protected]]

© 2023 Copyright  Futuresstocktrading.com – Futures Market, Investment, Trading & News