The EURJPY pair confirmed its surrender to the bearish bias dominance by its stability below 184.20 barrier, forming a sharp decline, achieving all the negative targets by reaching 182.60.

confirming the continuation of the negativity in the near and medium trading requires providing new negative close below 183.60 level, to activate with the main indicators negativity, to expect reaching 182.10, while regaining the bullish trend requires forming a strong bullish rally, to settle again above 184.20.

The expected trading range for today is between 182.20 and 183.60

Trend forecast: Bearish

Domestic coffee prices

The domestic coffee market this morning, March 31, witnessed an unprecedented “free fall”. Agents in the Central Highlands region simultaneously reduced purchasing prices from 4,700 to 4,800 VND/kg, pushing the average price of the whole region down to the threshold of 87,600 VND/kg.

Detailed changes in key localities:

Dak Nong (old): Reduced by 4,800 VND, currently purchased at 87,700 VND/kg.

Dak Lak and Gia Lai: Simultaneously decreased by 4,800 VND, currently fluctuating around the threshold of 87,500 VND/kg.

Lam Dong: Recorded a price of 87,000 VND/kg after falling 4,700 VND compared to the previous session.

The sudden drop right in the last session of March made market sentiment become pessimistic when the official price broke the support level of 9,000 VND/kg.

World coffee prices

The trading session on Monday witnessed red color covering the entire international market with a very deep decrease.

London Stock Exchange (Robusta): May 2026 futures fell 174 USD (-4.84%), closing the session at 3,419 USD/ton, the lowest level in 7.75 months. The decline occurred despite Robusta’s inventory on the ICE floor falling to a 3.5-month low of 4,109 lots.

New York Stock Exchange (Arabica): May 2026 futures fell sharply 9.15 cents (-3.03%), closing at 292.55 cents/lb. Arabica prices were strongly affected when the USD index ($DXY) jumped to a 10.5-month high.

Market opinion

The coffee market is under double pressure from the prospect of a record crop in Brazil and the strength of the USD. Forecasts of Brazil’s next crop output reaching 75.9 million bags from Marex Group Plc have put an end to price recovery efforts. Although factors such as the closure of the Strait of Hormuz increasing transportation costs and rainfall in Brazil lower than average are still supporting, they are not enough to stop the sell-off.

It is forecasted that in the first sessions of April, coffee prices will continue to be in a bottom-fishing state around 85,000 – 88,000 VND/kg.

The actual price may differ depending on the quality and purchasing area.

Crude oil rose during recent intraday trading, supported by its stability above the key support level at $100.00. The price continues to trade above its EMA50, reinforcing the stability and dominance of the main short-term uptrend.

In the background, a positive crossover is beginning to appear on the relative strength indicators after reaching deeply oversold levels, suggesting the formation of a potential bullish divergence that could support further gains in the near term.

The EURJPY pair confirmed its surrender to the bearish bias dominance by its stability below 184.20 barrier, forming a sharp decline, achieving all the negative targets by reaching 182.60.

confirming the continuation of the negativity in the near and medium trading requires providing new negative close below 183.60 level, to activate with the main indicators negativity, to expect reaching 182.10, while regaining the bullish trend requires forming a strong bullish rally, to settle again above 184.20.

The expected trading range for today is between 182.20 and 183.60

Trend forecast: Bearish

Copper price remains affected by the continuation of the main indicators’ contradiction, as it provided new sideways fluctuations, to keep its negative stability below the barrier at $5.5100, to support the chances of renewing the corrective attempts in the near and medium period.

While gaining negative momentum will increase the chances of reaching $5.2700 level, forming the initial target in the current period reaching $4.9500, while breaching the barrier will confirm delaying the negative attempts, to expect recording some gains by its rally towards $5.6300 and $5.7500.

The expected trading range for today is between $5.2700 and $5.5500

Trend forecast: Bearish

Platinum price remains affected by stochastic positivity, which contradicts the bearish corrective scenario, recording some extra gains by reaching $1913.00 level, the price keeps providing positive trading until testing the bearish channel’s resistance at $1968.00, to begin forming new bearish waves to activate the bearish corrective scenario again.

The moving average 55 stability is near the previously mentioned resistance, to support the stability of the chances of targeting the negative stations, holding near $1835.00 and $1745.00 level.

The expected trading range for today is between $1775.00 and $1950.00

Trend forecast: Bearish

Domestic coffee prices

The domestic coffee market this morning, March 30, did not have much fluctuation compared to Sunday’s holiday. The average purchase price in the Central Highlands region is still anchored at 92,400 VND/kg. Notably, the Lam Dong area recorded a slight increase of 200 VND/kg, while other localities kept prices unchanged to listen to signals from international exchanges that will reopen tonight.

Detailed purchase prices in regions:

Dak Nong (old): Continuing to maintain the highest price in the region at 92,500 VND/kg.

​Dak Lak and Gia Lai: Stable trading at 92,300 VND/kg.

Lam Dong: Slightly increased by 200 VND, pushing the price to 91,700 VND/kg.

In general, the current price level has moved away from the peak of over 96,000 VND/kg in early March due to unfavorable information about global supply in the long term.

World coffee prices

At the end of last week’s trading session, coffee prices on both London and New York exchanges closed in the red.

New York Stock Exchange (Arabica): May 2026 term fell sharply 5.95 cents (-1.93%), closing at 301.70 cents/lb. Oversupply pressure surged after Marex Group Plc raised its Brazilian production forecast for the 2026/27 crop to a record level of 75.9 million bags (up 15.5% y/y), higher than Sucafina’s forecast (75.4 million bags) and StoneX’s (75.3 million bags).

London Stock Exchange (Robusta): May 2026 term slightly decreased by 3 USD (-0.08%), closing the session at 3,593 USD/ton. Robusta’s decline was curbed thanks to inventories on the ICE exchange continuing to fall to the lowest level in 3.25 months, leaving only 4,127 lots.

Market opinion

The coffee market is facing great supply pressure from South America. The continuous appearance of “super crop” forecast reports in Brazil along with Arabica’s ICE floor inventory reaching a 6-month peak (585.621 bags) is a major barrier to price increases.

However, supporting factors are still present as tensions in the Strait of Hormuz disrupt maritime transport, increase logistics costs and tighten short-term supply for international roasters. In Vietnam, exports in the first 2 months of the year increased by 14% to 360,000 tons, showing that the volume of goods is still being pushed to the market quite steadily.

It is forecasted that in the first sessions of this week, coffee prices will continue to be in a state of fluctuation in the range of 91,500 – 93,000 VND/kg. Farmers should closely monitor the technical recovery of the London exchange when inventories are still at a low level to balance sales.

Note: The actual price may vary depending on quality and locality.