umakanthraok

Raw Sugar Bullish Triangle break out likely

Длинная
ICEUSA:SB1!   None
4
The Sugar futures has sown an impressive run up into the 20 Cents/Lbs mark especially when the dollar correction of the last few months has resulted in a strong appreciation of South American currencies, specifically the Brazil Real. The technical significance of Sugar has been, that its strongest among the Softs. This triangle in the making is a likely continuation of the last few months of rally owing to Global deficit of 2016/17 season. Unlike the other softs where the supply situation has no big concerns, the sugar rally may not respite soon.
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.