Midday update for Soybean price 16-09-2020

2020-09-16 09:33:11 GMT (Economies.com)
 

Soybean price trades with clear positivity now to breach 993.40 and attempts to hold above it, which hints the price head to regain the main bullish trend, and the price needs to hold with a daily close above the mentioned level to confirm the continuation of the rise and stop the morning suggested negative scenario.

 

Therefore, we prefer staying aside now until the price confirms its situation according to 993.40 to detect the next destination clearly.

 

The expected trading range for today is between 980.00 support and 1000.00 resistance.

 

The expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.1853
-0.0025
0.2142%
1.2937
0.0038
0.2916%
Tadawul
8364.61
6.65
0.08%
26.764
-0.247
0.916%
40.896
3.836
10.351%
43.15
-0.26
0.60%
1950.000
-4.225
0.216%
 
 
Live Forex Updates