Arabica coffee futures have reached a 47-year high due to droughts affecting Brazil and Vietnam, the top coffee producers globally. This increase is the highest trading level since 1977, and there is potential for it to reach the all-time high of 339.90 from April 1977. Resistance is expected around the 350 mark.

Brent crude oil prices have decreased following a ceasefire agreement between Israel and Hezbollah. The front month futures price has found support around 72.00 after reaching a recent high of 74.95. Key technical support is identified at 70.64 to 69.91, with minor resistance at 73.03 and the 55-day simple moving average at 73.98.

Spot silver prices have also declined, in line with gold trends amid the de-escalation in the Middle East. The support level is at $29.68, with further focus on the early August high at $29.22 if this support is broken. Resistance levels are observed at $30.65 and $30.88, while the 19 November high at $31.54 and the 55-day SMA at $31.66 are crucial for upward movement.