Soybean price crawls upwards – Analysis - 18-02-2021

2021-02-18 05:10:12 GMT (Economies.com)
 

Soybean price continues to test 1385.00 that forms solid resistance against the price, waiting to get strong positive motive that assists to push the price to breach this level and confirm the continuation of the bullish trend, reminding you that our next target is located at 1432.20.

 

Therefore, we will keep our bullish overview for the upcoming period unless breaking 1370.00 level and holding below it.

 

The expected trading range for today is between 1375.00 support and 1410.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2005
-0.0021
0.1746%
1.3833
-0.0120
0.8615%
Tadawul
10127.90
18.31
0.18%
26.140
0.348
1.351%
61.340
-1.838
2.909%
65.49
0.15
0.23%
1782.685
11.235
0.634%
 
 
Live Forex Updates