Soybean price tests the resistance – Analysis - 23-09-2020
Economies.com
2020-09-23 03:38AM UTC
Soybean price tested 1039.60 level and bounced downwards clearly from there, which keeps the bearish trend scenario valid and active for the upcoming period, waiting to visit 1000.00 followed by 993.40 levels mainly
Breaking 1015.00 will ease the mission of achieving the suggested negative targets, reminding you that the continuation of the bearish wave conditions holding below 1039.60.
The expected trading range for today is between 993.00 support and 1040.00 resistance.
The expected trend for today: Bearish
Commodities News
Commodities
US crude stocks fall more than expected last week
2024-05-08 15:53PM UTC
The Energy Information Administration reported a drop of 1.4 million barrels in US crude stocks ...
Commodities
Gold under pressure as dollar gains ground
2024-05-08 10:04AM UTC
Gold prices fell on Wednesday on track for the second day in a row, about to trade below the ...
Commodities
Gold driven lower by dollar's strength
2024-05-07 19:25PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, amid ongoing uncertainty ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price succeeded to touch our waited ...
Commodities
Crude oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear negativity ...
Commodities
Silver price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Silver Price Analysis Expected Scenario Silver price trades negatively now to approach ...