financetom
Technology
financetom
/
Technology
/
Sugar price hits the target – Forecast today - 16-04-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sugar price hits the target – Forecast today - 16-04-2024
Apr 15, 2024 10:06 PM

Sugar Price Analysis Expected Scenario Sugar price succeeded to achieve our waited target at 19.82$ and settles there, and we suggest the continuation of the bearish bias to surpass this level and achieve additional negative targets that reach 19.20$. On the other hand, we should note that the consolidation of 19.82$ level against the current negative pressure and failing to break it will lead the price to start intraday bullish wave and achieve gains that start at 20.50$ and extend to 21.35$. Expected Outcome The expected trading range for today is between 19.40$ support and 20.10$ resistance.

Trend Forecast: Bearish

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 >
US FCC to review spectrum sharing rules to boost space-based telecom
US FCC to review spectrum sharing rules to boost space-based telecom
May 25, 2025
WASHINGTON (Reuters) - The Federal Communications Commission on Monday voted to open a review of the decades-old spectrum sharing regime between satellite systems sought by SpaceX. The review aims to allow a greater and more intensive use of spectrum for space activities. Existing reductions approved in the 1990s limit power usage that prevent better coverage from SpaceX's Starlink and other...
Expert Outlook: Qualys Through The Eyes Of 8 Analysts
Expert Outlook: Qualys Through The Eyes Of 8 Analysts
May 25, 2025
In the last three months, 8 analysts have published ratings on Qualys ( QLYS ) , offering a diverse range of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
A Look Into Docusign Inc's Price Over Earnings
A Look Into Docusign Inc's Price Over Earnings
May 25, 2025
In the current market session, Docusign Inc. ( DOCU ) stock price is at $82.66, after a 0.18% drop. However, over the past month, the company's stock spiked by 0.37%, and in the past year, by 46.63%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the...
Commvault Cloud Gets GovRAMP Authorization
Commvault Cloud Gets GovRAMP Authorization
May 25, 2025
09:31 AM EDT, 04/28/2025 (MT Newswires) -- Commvault Systems ( CVLT ) said Monday its Commvault Cloud has achieved GovRAMP authorized status at a high impact level for its SaaS cyber resilience products. The authorization, which means it has met the most rigorous security and risk management standards, allows state and local government agencies and educational institutions to securely handle...
Copyright 2023-2025 - www.financetom.com All Rights Reserved