Commodities

Midday update for Soybean price 16-04-2021

2021-04-16 10:31:36 GMT (Economies.com)

Soybean price shows new positive trades to move away from the EMA50, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting to visit 1454.70 as a next main target, reminding you that the continuation of the bullish wave depends on the price stability above 1395.00 and 1382.50 levels.

 

The expected trading range for today is between 1400.00 support and 1440.00 resistance.

 

The expected trend for today: Bullish

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.