ICE Cotton Technical Chart and Analysis 18th May 2017

PAR May 18, 2017 0

Cotton 1707 is possible to test its 30-DMA at 78.59 cents. If cotton keeps on moving down below 79.46 cents (14-DMA), we may expect the cotton to reac...

ICE Cotton Technical Chart and Analysis 10th May 2017

PAR May 10, 2017 0

Cotton 1707 – our given target of 77.09 cents nearly tested. Now consolidation at these levels can’t be ruled out. However, overall trend still not th...

ICE Cotton Technical Chart and Analysis 4th May 2017

PAR May 4, 2017 0

The current formation is of a Spinning Top which indicates that the market may consolidate at current levels. A rise from here will target 80.52 cents...

ICE Cotton Technical Chart and Analysis 26th April 2017

PAR Apr 26, 2017 0

Cotton 1707 continued to fall and registered a lower low and a lower high. This suggests that the downtrend is likely to continue. However, market is...

ICE Cotton Technical Chart and Analysis 20th April 2017

PAR Apr 20, 2017 0

Cotton 1705 registered a higher high which indicates momentum is strong. Moreover, the Stochastic Oscillator and the RSI have continued to increase, s...

ICE Cotton Technical Chart and Analysis 13th April 2017

PAR Apr 13, 2017 0

Cotton 1705 formation suggests that it is consolidating below 14-DMA while holding ground above its critical support of 74.04 cents. However, any upsi...

ICE Cotton Technical Chart and Analysis 7th April 2017

PAR Apr 7, 2017 0

We remain bearish on the market and expecting 73.22 cents, which may further deepen to 73.00 cents. However, a rebound will be limited at 75.52 cents....

ICE Cotton Technical Chart and Analysis 30th March 2017

PAR Mar 30, 2017 0

Closing below 50-DMA will keep the bear alive in next couple of session and targeting 75.52 cents level. However, a rise above 76.63 cents will cause...

ICE Cotton Technical Chart and Analysis 22nd March 2017

PAR Mar 22, 2017 0

Cotton 1705 is likely to test its channel support area on daily chart, where a break below will drag the market towards 76.17 cents (50-DMA). However,...

ICE Cotton Technical Chart and Analysis 14th March 2017

PAR Mar 14, 2017 0

Cotton 1705 has formed a lower low, indicating that the loss may extend further. Moreover, the Stochastic Oscillator has continued to decrease support...

ICE Cotton Technical Chart and Analysis 7th March 2017

PAR Mar 7, 2017 0

A hanging man has occurred in an upward trend which indicates a bearish reversal. The current formation of lower high and lower low also suggests that...

ICE Cotton Technical Chart and Analysis 22nd February 2017

PAR Feb 22, 2017 0

Cotton 1705 continued with its downward movement and closed at 76.02 cents. Currently, the short and the medium term moving averages are heading downw...

ICE Cotton Technical Chart and Analysis 6th February 2017

PAR Feb 6, 2017 0

Cotton 1703 showed a range bound activity through out the day to close at 76.33 cents. However, Market has formed a lower low which indicates that the...

ICE Cotton Technical Chart and Analysis 2nd February 2017

PAR Feb 2, 2017 0

Following its previous bullish formation, cotton 1703 has formed a higher high which indicates that the rise is likely to continue and initial target...

ICE Cotton Technical Chart and Analysis 27th January 2017

PAR Jan 27, 2017 0

Consolidation is likely to continue above the support level at 73.90 cents, where a break or trade below will lift the market towards 73.18 cents (14-...