#11 world sugar pushed tests 27 cents

Most-active Oct-23 #11 world raw sugar reached a contract high of 26.98 Sep. 14. On Sep. 15, the contract tried to push above 27.50 before falling to close at 26.91. RSI grew slightly less bearish, MACD remains neutral to bearish, and the stochastic is [...]

World sugar futures consolidating off recent highs?

After contract high on Sep. 5 and again Sep. 7, Oct-23 #11 world raw sugar tried to break resistance near 26.68 cents Sep. 8 and the upper Bollinger Band but instead fell to a close at 26.31, still within its recent elevated range. Mar-24 [...]

World sugar higher, buoyed by crude oil rally

Oct-23 #11 world raw sugar moved to a higher range the week of Aug. 28, breaking retracement resistance near 25.00 cents and the upper Bollinger Band Aug. 28, correcting lower midweek, and rebounding Sep. 1 to close at 25.81, a ten-week high. Mar-24 #11 also [...]

World sugar futures rallied mid-July

Most-active Oct-23 #11 world raw sugar rallied in the last four sessions after finding short-term retracement support (and the 20-day moving average) on Jul. 18. The contract settled Jul. 21 at a one-month high of 25.01 cents, straddling the upper Bollinger Band after breaking [...]

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