- Analytics
- Weekly Video Overview
Live Cattle Price Bias Is Still Bullish
Subscribe to our official channel to get the latest updates from IFC Markets
The #C-LCATTLE price forecast in our June 25, 2020 technical analysis was bullish
- Market data after #C-LCATTLE,Daily June 25, 2020 technical analysis still indicate bullish bias.
- #C-LCATTLE,Daily closed 0.04% higher on June 26, 2020.
- Total red meat production year to date for June 27 was 1.5% lower compared to the previous year.
Here is what indicators show as of June 29, 2020:
- The Parabolic Indicator gives a bullish signal.
- The Donchian channel indicates no trend: it is flat.
- The MACD indicator gives a neutral signal.
- The RSI oscillator gives a neutral signal.
- The Fractals give bullish signal.
- The MA(200) Indicator gives a bearish signal.
So the bullish forecast still stands for the #C-LCATTLE,Daily.
| Order | BUY |
| Buy stop | Above 98.78 |
| Stop loss | Below 94.06 |
US Department of Agriculture's Marketing Service .
New Exclusive Analytical Tool
Any date range - from 1 day to 1 year
Any Trading Group - Forex, Stocks, Indices, etc.