Soy recently reversed down from the resistance area lying between the key resistance level 917.00 (which also reversed the price in June), lower trendline of the daily up channel from September and the upper daily Bollinger Band.
The downward reversal from this resistance area stopped the earlier short-term correction 2.
Soy is expected to fall further and retest the next support level 870.00 (low of the previous impulse wave 1).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
This website uses cookies
