financetom
Technology
financetom
/
Technology
/
Sugar price breaches the minor resistance – Forecast today - 06-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sugar price breaches the minor resistance – Forecast today - 06-06-2024
Jun 5, 2024 9:55 PM

Sugar Price Analysis Expected Scenario Sugar price surpassed 18.90$ level and closed the daily candlestick above it, to head towards achieving intraday gains and test 19.82$ mainly in the upcoming sessions, making the bullish bias suggested for today. Moving above the EMA50 supports the expected rise, noting that breaking 18.90$ will stop the bullish wave and push the price to resume the main bearish trend again. Expected Trading Range Between 18.90$ support and 19.60$ resistance.

Trend Forecast: Bullish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
AT&T beats estimates for subscriber additions on demand for higher-priced plans
AT&T beats estimates for subscriber additions on demand for higher-priced plans
Jul 24, 2024
July 24 (Reuters) - AT&T ( T ) exceeded market expectations for wireless subscriber additions in the second quarter on Wednesday, as the telecom operator's higher-tier unlimited plans attracted customers. The company added 419,000 monthly bill-paying wireless phone subscribers, compared with expectations of 284,800 additions, according to five analysts polled by FactSet. AT&T's ( T ) unlimited plans that are...
EXCLUSIVE: Perfect Corp's Q2 Revenue Jumps 9.6%, YouCam App Subscribers Hit Record High
EXCLUSIVE: Perfect Corp's Q2 Revenue Jumps 9.6%, YouCam App Subscribers Hit Record High
Jul 24, 2024
Perfect Corp ( PERF ) announced financial results for the three months ended June 30, 2024, the second quarter. Total revenue was $13.9 million, compared to $12.7 million year ago, an increase of 9.6%. The increase was primarily due to growth in the revenue of AI- and AR-cloud solutions and mobile app subscriptions. Gross profit was $11.0 million compared with...
CrowdStrike says bug in quality control process led to botched update
CrowdStrike says bug in quality control process led to botched update
Jul 24, 2024
LONDON, July 24 (Reuters) - A CrowdStrike ( CRWD ) software update that crashed computers globally last week hitting services from aviation to banking and healthcare was caused by a bug in the U.S. cybersecurity firm's quality control mechanism, the company said on Wednesday. Friday's outage happened because CrowdStrike's ( CRWD ) Falcon Sensor, an advanced platform that protects systems...
Roper Technologies forecasts Q3 profit below estimates on weak enterprise spend
Roper Technologies forecasts Q3 profit below estimates on weak enterprise spend
Jul 24, 2024
July 24 (Reuters) - Software firm Roper Technologies ( ROP ) forecast third-quarter profit below estimates on Wednesday, owing to weak spending and delayed contract renewals by its target industries. An uncertain economy and high borrowing costs are forcing businesses to spend cautiously, delaying contract signing and renewals by clients and impacting firms such as Roper. The company forecast third-quarter...
Copyright 2023-2025 - www.financetom.com All Rights Reserved