MarketsFN Team
The commodity found support on Wednesday in area 67$/barrel and today is the third consecutive positive session. Next relevant resistance in the short term area 72.86 and then 75. Below 67 possible test in area 63.64, which is both a double bottom and a 2023 low. At the moment Crude Oil is advancing by 0.63% to 69.78
Cotton: Up 1.9% to $88.70 — Overbought at RSI 78 — Momentum Risk Analysis Date: August 21, 2026 📊 Current Market Data CURRENT PRICE$88.70 DAILY CHANGE+1.93% WEEKLY CHANGE+6.10% 52W HIGH$88.88 52W...
Coffee: Down 7.8% to $335.10 — Testing 50.0% Fibonacci Resistance Analysis Date: August 21, 2026 📊 Current Market Data CURRENT PRICE$335.10 DAILY CHANGE-7.84% WEEKLY CHANGE-0.89% 52W HIGH$437.95 52W...
Wheat: Up 2.4% to $699.25 — Bullish Structure — Above MA50 & MA200 Analysis Date: August 21, 2026 📊 Current Market Data CURRENT PRICE$699.25 DAILY CHANGE+2.42% WEEKLY CHANGE+3.63% 52W HIGH$711.25 52W...