Tag: cotton

ICE Cotton Technical Chart and Analysis 15th June 2017

PAR Jun 15, 2017 0

Cotton 1707 failed to hold itself above 200-DMA and settled below. Cotton really need to trade above 200-DMA in coming session to reduce selling press...

ICE Cotton Technical Chart and Analysis 8th June 2017

PAR Jun 8, 2017 0

The overall trend remains bearish and we foresee Cotton 1707 to revisit 75.22 cents. However, any upside will be tested at 77.13 cents (14-DMA). Meanw...

ICE Cotton Technical Chart and Analysis 1st June 2017

PAR Jun 1, 2017 0

Momentum still weak, others indicators still favoring bear on daily chart. Breaking and trading below 76.71 cents will keep the session in depression...

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...

Cotton down ahead of weekly export sales report

PAR May 18, 2017 0

ICE cotton futures fell on Wednesday on expectations of a bearish weekly export sales report from the US Department of Agriculture on Thursday. The fi...

Cotton market: trade activity may gain momentum on incentives news

PAR May 15, 2017 0

The volume of business was firm on the cotton market on Saturday following the announcement of incentives' package by the government for growers, deal...

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...

Agriculture exports from CPEC route to China urged

PAR May 10, 2017 0

Planning Commission should devise a comprehensive business plan so that the China-Pakistan Economic Corridor (CPEC) may open new doors of cooperation...

Listless business on cotton market

PAR May 9, 2017 0

Mills and spinners were conspicuous by their absence on the cotton market on Monday in the process of trading, dealers said. The official spot rate wa...

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...

Cotton nearly unchanged

PAR Apr 27, 2017 0

ICE cotton futures were nearly unchanged in light trading on Wednesday as traders awaited direction from a weekly federal report on US export sales. "...

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....