EURJPY took advantage of the repeated negative pressures during yesterday’s trading, forming a new bearish attack and currently touching the bearish target at 179.45, while settling above it after forming additional support against further downside moves.
The price may be forced to trade sideways amid its confinement between the current support, while 180.80 continues to form a strong barrier against bullish attempts. However, a successful break below 179.45 followed by a bearish close would strengthen the bearish scenario, with the price expected to gradually target 178.60, followed by 177.80.
Expected trading range for today: 178.60 and 180.35
Coffee price continued forming negative trading as the negative momentum provided negative momentum in the last period, approaching the support base that is represented by 260.15 level, the suggested scenario in the near trading depends on the strength of the current support, to expect forming bullish waves, to attempt to reach 285.25, repeating the pressure on 295.20 barrier.
Facing new bearish pressures and breaking the current support, will push it to suffer extra losses by reaching 262.20 and 257.30.
The expected trading range for today is between 269.00 and 285.25
Platinum price remains under the sideways track by its fluctuation near $1815.00 level, affected by the stability of the barrier at $1840.00, which obstacles the chances of activating the bullish trend again.
The price might be forced to provide more sideways trading until gathering extra positive momentum, easing the mission of achieving the breach, to begin targeting the positive stations by its rally towards $1880.00 and $1960.00.
The expected trading range for today is between $1780.00 and $1880.00
Natural gas price succeeded in activating with stochastic positivity, to keep its positive stability above the support at $2.620, forming some bullish waves and holding near $3.020.
The price requires providing new bullish close above $2.920 level, increasing the efficiency of the bullish scenario and reaching the positive stations at $3.100 and $3.250 level.
The expected trading range for today is between $2.920 and $3.250
Coffee prices today in the domestic market continued to decrease by 1,000 VND/kg, on average maintaining at 91,900 VND/kg, anchored in the price range of 91,200-92,000 VND/kg.
In Gia Lai and Dak Lak, coffee prices were recorded at 91,800 VND/kg, down 1,000 VND/kg.
In Lam Dong, coffee prices decreased by 1,000 VND/kg, listed at 91,200 VND/kg.
The old Dak Nong area, although reduced by another 1,000 VND/kg, is still the highest price in the whole region at 92,000 VND/kg.
The USD/VND exchange rate according to Vietcombank is recorded at 25,800 VND/USD.
World coffee prices
In the world market, coffee prices remain unchanged for all terms.
According to Barchart, the September 2026 Robusta futures contract is anchored at 3,400 USD/ton, down 51 USD/ton. Down 77 USD/ton, the November 2026 futures are listed at 3,260 USD/ton. The terms from January 2027 to May 2027 are listed in the price range of 3,241 – 3,249 USD/ton.
Similarly, the December 2026 Arabica contract fell to 272.30, down sharply by 4.1 cents/lb. The March 2027 contract was offered to the market at a price of 264.70 cents/lb, down 3.75 cents/lb. Further forwards are anchored in the 259.25 – 260.70 cents/lb range.
Assessments and forecasts
Coffee prices fell sharply for the second consecutive session and hit a 3-month low. Coffee prices have been under pressure for the past 3 weeks due to the prospect of abundant global supply.
The decline in Robusta coffee prices accelerated yesterday after Robusta inventories at ICE rose to a 9.75-month high.
Favorable farming conditions in Brazil and Vietnam also put pressure on coffee prices. Rainfall higher than normal in Brazil during the current important flowering period may support the 2026/27 coffee harvest season, thereby becoming a factor causing price reduction pressure.
In addition, a weekly bearish reversal signal triggered this week on a decline below last week’s low of $99.22. Last week’s price action took the form of a bearish shooting star candlestick pattern, adding to the significance of the signal and therefore the potential for bearish follow-through. Since there has been only one leg down so far in the retracement, a second leg down could follow a bounce. A falling ABCD pattern formed during the prior retracement in July, and it may occur again.
$101.15 Becomes Key Bullish Trigger
Having said that, if Tuesday’s low holds and a subsequent rally gets above Monday’s high of $101.15, the retracement may complete with bullish momentum confirmed by the successful test of support at the 20-day moving average.
No news for platinum price due to its fluctuation below $1840.00 barrier, forming weak sideways trading by its stability near $1785.00, reminding you that the bullish scenario depends on the continuation of forming main support level at $1705.00, to increase the chances of gathering positive momentum in the current period.
the price success in achieving the breach will open the way for recording several gains that might begin at $1880.00, reaching the next main target near $1960.00, while the failure of the breach might force it to form some corrective trading with a chance for retesting the support before reaching any of the previously suggested positive targets.
The expected trading range for today is between $1760.00 and $1880.00
Spot Silver is edging higher on Tuesday after finding support inside a key support zone at a major moving average. The move so far is a technical bounce. There hasn’t been a meaningful rally.
The main trend is down according to the daily swing chart. A trade through $62.33 will signal a resumption of the downtrend. A move through $68.33 will change the main trend to up.
The range from the July 17 bottom at $54.78 to the August 28 top at $71.18 has formed a retracement support zone at $62.98 to $61.04. Inside this zone is the 50-day moving average at $62.64. Yesterday’s low at $62.33 and today’s low at $62.56 hit this zone. Today’s bounce overcame the upper, or 50%, level at $62.98.
What to Watch
Wednesday’s Fed decision is the trade. Silver absorbed the worst the yield and dollar markets had to offer this week and bounced. Short sellers who leaned on this metal at $63 watched it hold twice and come back through the 50% retracement level. That is uncomfortable positioning heading into a policy announcement where one sentence from Warsh can shift the rate story.
Crude above $100 and the Saudi pipeline outage are keeping inflation expectations firm. That pressure is real but it has had two full sessions to crack the floor and has not done it. The question is whether Warsh gives buyers enough room to build or whether he hands sellers another reason to come back.
The bias leans bearish with the main trend down on the daily swing chart. Monday’s low at $62.33 and Tuesday’s low at $62.56 both landed inside the retracement zone at $62.98 to $61.04 with the 50-day moving average at $62.64 sitting in the middle of it. Buyers defended the zone and pushed back above $62.98. Resistance above sits at $65.33 to $66.76 with the swing top at $68.33 needed to flip the trend. A break through $62.33 reopens the downside toward the support cluster at $61.04 and $60.835.
Coffee prices today in the domestic market simultaneously decreased by 800 VND/kg, on average maintaining at 92,900 VND/kg, anchored in the price range of 92,200-93,000 VND/kg.
In Gia Lai and Dak Lak, coffee prices were recorded at 92,800 VND/kg, down 800 VND/kg.
In Lam Dong, coffee prices also decreased by 800 VND/kg, listed at 92. 200 VND/kg.
The old Dak Nong area, although reduced by another 800 VND/kg, is still the highest price in the whole region at 93,800 VND/kg.
The USD/VND exchange rate according to Vietcombank was recorded at 25,800 VND/USD, an increase of 10 VND/USD.
World coffee prices
In the world market, coffee prices remain unchanged for all terms.
According to Barchart, the September 2026 Robusta futures contract anchored at 3,307 USD/ton, down 59 USD/ton. At the same decrease, the November 2026 futures were listed at 3,337 USD/ton. The term from January 2027 to May 2027 was listed in the price range of 3,300 – 3,312 USD/ton.
As of 1:05 PM, Robusta contracts turned down in all terms. Source: Giacaphe. com
Similarly, the December 2026 Arabica contract fell to 276.40, down sharply 4.1 cents/lb. The March 2027 contract was offered to the market at 268.45 cents/lb, down 3.5 cents/lb. Further forwards were anchored in the 263.10 – 265.95 cents/lb range.
As of 1:05 PM, Arabica contracts were discounted for all terms. Source: Giacaphe. com
Assessments and forecasts
Coffee prices fell to a 3-month low. Coffee prices have been under pressure for about 3 weeks due to the prospect of abundant global supply. On September 10, the International Coffee Organization (ICO) forecast that global coffee production in the 2025/2026 crop year will reach a record level and the market will be oversupplied. ICO said that global coffee production in the 2025/2026 crop year has increased.
Favorable growing conditions in Brazil and Vietnam also put pressure on coffee prices. Rainfall higher than normal in Brazil during the current important flowering period may support the 2026/2027 coffee harvest, creating a disadvantageous factor for prices.
In Vietnam, according to forecasts, abundant rainfall has improved soil moisture and may support the coffee fruit development process in the Central Highlands region – the largest coffee production region in the country.
Meanwhile, Brazilian coffee is being brought to the export market as the harvest season in this country enters its final stage, supplementing global supply and putting pressure on prices.
China kept buying. Premiums held steady and investment demand stayed intact on weakness. Chinese buyers have been accumulating on dips consistently for weeks. At current prices that is not enough to reverse the decline. It keeps the physical market from falling apart underneath the rate selling. If gold trades back toward the September low, the steady Chinese accumulation starts to count for more. Right now it is a floor in search of a reason and the rate trade is not providing one.
What to Watch
Central bank speakers and inflation data this week are the catalyst. Kashkari called it broad Sunday. If the rest of the Fed follows that line there is nothing for gold to trade except the next lower high. The next data print either supports the hawks or gives the doves room to push back. Oil coming down only matters if yields come down after it and Monday said they are not interested. India stepping aside strips physical support during the correction. China buying every dip keeps a bid underneath but Chinese premiums alone are not going to reverse a decline running across three central banks.
Sellers own the chart below $4,384.59 and $4,405.59 with the main trend down and the lower high at $4,510.93 confirmed. Below $4,319.61, sellers have a path through the 50-day moving average at $4,295.83 and $4,282.62 into the $4,235.17 to $4,230.51 zone.
Gold has to clear $4,384.59 and then deal with $4,405.59 to put the $4,466.14 to $4,481.78 zone in play. The lower high at $4,510.93 and the 200-day at $4,541.86 both have to break to turn the trend.
If you’d like to know more about how to trade gold, please visit our educational area.
