FX.co ★ Purchases and sales on the commodity market on March 14

Corn (#ZC) - purchase.

On the four-hour chart of the May corn futures, the price was fixed above the indicator lines of the balance and the MACD. The Marlin oscillator has broken into the zone of a growing trend. We are waiting for the price at the upper border of the price channel, around the 793.9 mark.

Coffee (#KC) - sale.

On the four-hour chart of the May coffee futures, the price is storming the range of Fibonacci levels of 271.0-261.8%, where the price has already found support on March 4. But this time the Marlin oscillator broke through from top to bottom under the zero line, creating a sell signal. We are waiting for the price at the Fibonacci reaction level of 314.0% in the price area of 212.92.