COFFEE is trading at $181.28, 0.16% down since previous close. The selling bias can be observed in Coffee prices in the preceding session against the strong USD after U.S issued better than expected Prelim GDP & Jobless Claims data. Also, the steady USD amid little progress in U.S debt ceiling talks amongst top U.S officials affects the Brazilian Real (BRL) currency vis-à-vis Coffee prices. Uncertain U.S Fed monetary decision in its upcoming meeting remains vital for Coffee prices. The risk of lesser supplies from Colombia due to changing climatic conditions eases down which made Coffee prices lower. As seen in the chart, the Coffee retraced down till lower trend-line of channel pattern & hence, slight selling may be noticed for the day.Read More… Read Less
Natural Gas is trading at $2.449, 0.12% up since previous day close. The slight correction can be seen in Natural Gas prices after testing the higher levels of $2.50 earlier in this week. On Thursday, the U.S Energy Information Administration (EIA) report showed a build-up in Natural Gas inventory level by 96B lower than estimated rise of 100B; signaling for lower storage levels. This pushed up the prices to some extent. Earlier, the news spurred in that the major Natural Gas producers are expected to lower down drilling & output levels amid low pricing environment in the year 2023 which pushed up the prices. As seen in the chart, the Natural Gas seems to be trading above the MA (100) which indicates buying bias on each & every corrective dip.Read More… Read Less
XFlow Markets provides an entirely transparent access to the FOREX Market through two powerful trading platforms (XFLOW & MT4) with excellent execution speed, a 24/5 client support system with no dealing desk involvement.
© 2023 XFlow Markets, All rights reserved.
Risk Warning: Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances.
You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.
XFlow Markets is incorporated in Saint Vincent and the Grenadines with registration no. 255 LLC governed by the Limited Liability Companies Act Chapter 151, registered by the Financial Service Authority of Saint Vincent and the Grenadines.
XFlow Markets is not required to hold any financial services license or authorization in Saint Vincent and the Grenadines to offer its products and services.
XFlow Markets does not offer Contracts for Difference to residents of certain jurisdictions including the Belgium, Iran, Canada, North Korea, the USA, Cuba, Syria and FATF Black Listed Countries.
Telephone number: UK: +44-2038355241 Working hours: 7:00 AM - 5:00 PM (GMT+0)
XFlow Markets does not offer any fixed returns & guaranteed profits. Forex and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Your capital is at risk. Please consider our Risk Disclosure.
XFlow Markets does not guarantee any returns or profits. Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.