Forex
Soybean price hits the first target – Analysis - 21-09-2021
2021-09-21 04:08:09 GMT
(Economies.com)
Soybean price managed to achieve our first waited target at 1270.00 and presses negatively on it, reinforcing the expectations of continuing the bearish trend in the upcoming period, paving the way to head towards 1225.90 that represents our next main target.
Therefore, the bearish bias will remain dominant in the upcoming sessions as long as 1318.80 level remains intact.
The expected trading range for today is between 1255.00 support and 1280.00 resistance.
The expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1606
|
0.0036
|
0.3139%
|
|
|
|
|
1.3751
|
0.0123
|
0.9053%
|
|
|
|
Tadawul
|
11773.36
|
25.09
|
0.21%
|
|
|
|
|
23.335
|
0.700
|
3.090%
|
|
|
|
|
82.022
|
0.902
|
1.112%
|
|
|
|
|
84.86
|
0.86
|
1.02%
|
|
|
|
|
1767.855
|
13.150
|
0.749%
|
|
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