COFFEE traded at $148.12, 0.12% down since previous close. The losses seem to be extended in Coffee prices against the strong USD on an account of hawkish FOMC Minutes which may turn out to be weaker for Brazilian Real (BRL) currency & hence, weakens the Coffee prices; since this may affect the profit fetched by Brazilian farmers while exporting the beans to U.S.  The change in climatic conditions in Brazil affecting the Coffee production & supply levels makes the prices volatile; for Brazil is a major producer of Coffee beans. As seen in the chart, the Coffee is consistently trading below the major Moving Averages of period 10 & 100 & is hovering near previous lows. Further selling bias may be recommended for the day in Coffee.

Natural Gas is trading at $2.576, 0.02% down since previous day close. The Natural gas prices slid down to some extent post release of U.S Energy Information Administration (EIA) report which showed a rise in Natural gas inventories by 35B in line with expectation. This signaled more storage & supplies of the commodity & hence, lowered down the prices.  Last week, the strong rise in demand against the supplies amid frequent change in weather conditions in U.S & European regions increases the consumption demand of heating fuels & led a rally in prices. The steady USD remains vital for a trend in energy commodities. As seen in the chart, the commodity may slide down to MA (100) if downside prevailed further & hence, slight correction may be noticed for the day.