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CBOT soyoil

CBOT soybeans neutral in $14.04-1/2 to $14.20-1/2 range

Only a rise above $14.33-1/2 could bring some hope to the continuation of the uptrend.

Published 09 Apr, 2021 10:56am

Markets

CBOT wheat may retest resistance at $6.21-1/2

On the daily chart, the current bounce is expected to be matching the one from the Jan. 25 low of $6.26.

Published 07 Apr, 2021 01:51pm

Markets

CBOT soybeans may stabilize in support zone of $14.20-1/2 to $14.31-1/2

A projection analysis reveals a possible ending point of the correction in the support zone of $14.17-3/4 to $14.33-1/2.

Published 01 Apr, 2021 11:11am

Markets

Palm up over 3% on firmer US soyoil prices

Meanwhile, Dalian's most-active soyoil contract rose 2.9 % and its palm oil contract climbed 2.7%.

Published 01 Apr, 2021 11:07am

Markets

Soybeans set for 1st monthly drop since mid-2020 on better US planting prospects

The US soybean crush likely fell to 4.952 million short tons in February, or 165.1 million bushels, according to the average forecast of nine analysts surveyed by Reuters ahead of a monthly USDA report.

Published 31 Mar, 2021 02:20pm

Markets

CBOT soybeans decline on US weather, positioning ahead of USDA

Analysts expect the USDA's March 31 planting intentions report to show an expansion in US plantings of corn and soybeans compared to last year, while March 1 soybean stocks are expected to be down 32% from a year earlier.

Published 30 Mar, 2021 11:20am

Markets

CBOT wheat ends higher on bargain buying after three-month low

CBOT May soft red winter wheat settled up 3-1/2 cents at $6.16-3/4 per bushel, after a drop to $6.07-1/4, its lowest since Dec. 22.

Published 30 Mar, 2021 11:13am

Markets

CBOT wheat may test support at $6.05-1/2

A bounce from the current level could be weak, probably limited to a range of $6.16-3/4 to $6.21-1/2.

Published 26 Mar, 2021 11:33am

Markets

CBOT corn may retest support at $5.41-3/4

A break above $5.47-1/2 could lead to a gain to $5.53-1/4.

Published 26 Mar, 2021 11:32am

Markets

CBOT soybeans may test support at $14.01-1/2

The contract observes closely a set of projection levels on the uptrend from $13.36-3/4. After breaking below $14.20-1/2, it is falling towards $14.04-1/2.

Published 26 Mar, 2021 11:31am

Markets

CBOT wheat may seek support in $5.60-1/2 to $5.89-1/2 zone in Q2

A rise above $6.27-1/2 may be extended to $6.52-1/2.

Published 25 Mar, 2021 02:15pm

Markets

CBOT wheat may fall into $6.11-1/2 to $6.16-3/4 range

Resistance is at $6.24-1/4, a break above which could lead to a gain into $6.27-3/4 to $6.32-1/4.

Published 25 Mar, 2021 11:35am

Markets

CBOT corn biased to retest support at $5.47-1/2

Only a rise above $5.56 could confirm the extension of the uptrend towards $5.60-1/4 to $5.65-1/4 range.

Published 25 Mar, 2021 11:34am

Markets

CBOT soybeans may break resistance at $14.31-1/2

Following its failure to break $14.31-1/2 on Tuesday, the contract may succeed this time.

Published 25 Mar, 2021 11:32am

Markets

CBOT wheat may retest resistance at $6.39

A break below $6.32-1/4 could cause a fall into the range of $6.24-1/4 to $6.27-3/4 while a break above $6.39 may lead to a gain to $6.44-3/4.

Published 24 Mar, 2021 11:46am

Markets

CBOT soybeans may retest resistance at $14.31-1/2

This target is based on a double-bottom.

Published 24 Mar, 2021 11:44am

Markets

CBOT wheat may test resistance at $6.31-1/2

The downtrend from $6.88-1/2 has been driven by a wave C, which failed to travel below its 100% projection level of $6.21-1/2.

Published 22 Mar, 2021 12:01pm

Markets

CBOT corn may fall to $5.47-1/2

To get charts, key in "TECH/C" to retrieve the original reports.

Published 22 Mar, 2021 11:59am

Markets

CBOT soybeans may test support at $14.04-1/2

The drop from the March 8 high of $14.60 looks incomplete. It consists of three waves. The second wave labelled b is ending around $14.20-1/2.

Published 22 Mar, 2021 11:58am

Markets

Soybeans set for second weekly loss on Argentine rains

Consultancy Strategie Grains on Thursday lowered its monthly forecast of soft wheat exports from the European Union and Britain in the 2020/21 season by 900,000 tonnes to 25.2 million to take account of a drop in demand, notably from China.

Published 19 Mar, 2021 10:08am

Markets

CBOT corn may test resistance at $5.60-1/4

A break below $5.43 could be followed by a drop towards $5.25-1/4.

Published 17 Mar, 2021 11:42am

Markets

CBOT soybeans may rise into $14.31-1/2 to $14.46-1/2 range

This fall may be extended into the range of $13.91-1/2 to $14.04-1/2 then.

Published 17 Mar, 2021 11:40am

Markets

CBOT soybeans may test resistance at $14.31-1/2

Wave pattern suggests the completion of a wave iv, and the start of a wave v towards $14.54-3/4.

Published 16 Mar, 2021 11:18am

Markets

Soybeans down 2-3 cents; corn, wheat mixed

Wheat futures choppy following weekend storms that brought beneficial moisture to dry areas of the US Plains winter wheat belt.
Russian wheat export prices fell for a second consecutive week last week after the Russian origin lost a major tender in Egypt and CBOT wheat prices fell, analysts said.

Updated 15 Mar, 2021 09:26pm

Markets

CBOT soybeans may retest resistance at $14.20-1/2

A break below $13.95 may cause a fall into the $13.58-1/4 to $13.76-3/4 range.

Published 15 Mar, 2021 11:03am

Markets

Wheat flat; set for second weekly drop as US weather improves

Losses in the soybean market were curbed by South American crop worries.

Published 12 Mar, 2021 12:17pm

Markets

CBOT corn may test support at $5.29

The drop from $5.72 may have been driven by a wave 4, which will be reversed by a wave 5.

Published 11 Mar, 2021 01:05pm

Markets

CBOT wheat may retest support at $6.42

Under the repeated attacks by bears, this support may be broken on Thursday.

Published 11 Mar, 2021 12:40pm

Markets

Wheat up 1-3 cents; soybeans, corn down 3-5 cents

CBOT wheat inching higher overnight after the USDA offered mixed ratings for US winter wheat conditions. Gains are limited by rain forecasts across the US Southern Plains.
Russian wheat export prices fell last week after two weeks of growth due to lower prices in Chicago and Paris, analysts said.

Published 09 Mar, 2021 08:45pm

Markets

CBOT corn may retest support at $5.36-1/4

Resistance is at $5.47-3/4, a break above which could lead to a gain to $5.52.

Published 09 Mar, 2021 12:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 16	278.40
USD PKR Interbank Buying / Apr 16	278.10
USD to Japanese Yen / Apr 16	154.32
USD to Swiss Franc / Apr 16	0.91
Pound Sterling to USD / Apr 16	1.24
Euro to USD / Apr 16	1.06

Stock	Volume
S&P 500 / Apr 15	5061.82
Nasdaq / Apr 15	15885.02
Dow Jones / Apr 15	37735.11
India Sensex / Apr 16	73041.46
Tokyo Nikkei / Apr 16	38375.98
Hang Seng / Apr 16	16327.73
FTSE 100 / Apr 16	7851.82
Germany DAX 30 / Apr 16	17757.12

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 9	21735
Crude Oil USD/Barrel / Apr 16	85.94
Gold 10 Grams PKR / Apr 16	214077
Gold Spot USD/Ounce / Apr 16	2387.66

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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