Tag: CBOT soybeans

CBOT soybeans still targets $8.78-3/4

SINGAPORE: The CBOT soybean November contract still targets $8.78-3/4 per bushel, as its downtrend from the June 18 high of $9.48 could have reversed. The reversal...

CBOT soybeans may retest support at $8.56-1/2

SINGAPORE: The CBOT soybean November contract may retest a support at $8.56-1/2 per bushel, a break below which could cause a fall to $8.43. The support...

CBOT soybeans may test resistance at $8.78-3/4

SINGAPORE: The CBOT soybean November contract may test a resistance at $8.78-3/4 per bushel, a break above which could lead to a gain to $8.86-1/2. The...

CBOT soybeans neutral in $8.70-1/4 to $8.78-3/4 range

SINGAPORE: The CBOT soybean November contract looks neutral in a range of $8.70-1/4 to $8.78-3/4 per bushel, and an escape could suggest a direction. The range...

CBOT soybeans biased to fall to $8.56-1/2

SINGAPORE: The CBOT soybean November contract is biased to break a support at $8.65 per bushel and fall to $8.56-1/2. The support is provided by the...

CBOT soybeans may test support at $9.07-1/2

SINGAPORE: The CBOT soybean November contract may test a support at $9.07-1/2 per bushel, a break below which could cause a fall to $9.00-3/4. The support...

CBOT soybeans may rise to $9.25-3/4

SINGAPORE: The CBOT soybean November contract may break a resistance at $9.19 per bushel and gain more to $9.25-3/4, as suggested by a Fibonacci retracement...

CBOT soybeans still target $8.92-1/2

SINGAPORE: The CBOT soybean July contract still targets $8.92-1/2, as it failed to break a resistance at $9.20 per bushel. The resistance is identified as the...

CBOT soybeans may retrace into $8.72-1/2-$8.78-3/4 range

SINGAPORE: The CBOT soybean July contract may retrace into a range of $8.72-1/2 to $8.78-3/4 per bushel, as it looks shaky around a resistance at...

CBOT soybeans may surge into $8.96 to $9.09-1/2 range

SINGAPORE: The CBOT soybean July contract  may surge more into a range of $8.96 to $9.09-1/2 per bushel, driven by a powerful wave 3. This is...