Trends - CBOT - Business Recorder

CBOT

CBOT soybeans may rise into $14.03-$14.19 range

A break below $13.56 could cause a drop into $13.09-$13.55 range.

Published 25 Jun, 2021 10:58am

Markets

CBOT soybeans may test support at $13.77

The contract failed twice to break a resistance at $14.19.

Published 23 Jun, 2021 10:16am

Markets

Palm oil declines on Indonesia’s plan

KUALA LUMPUR: Malaysian palm oil futures fell on Monday, extending last week’s losses on news of Indonesia’s ...

Published 22 Jun, 2021 04:46am

Markets

CBOT corn may retest resistance at $6.60

A break below $6.37-1/4 may cause a fall into $6.18-1/4 to $6.29-3/4.

Published 21 Jun, 2021 01:18pm

Markets

CBOT wheat may test resistance at $6.73-3/4

This bottom could be a part of a bigger one developing from the May 26 low of $6.39-1/2.

Published 21 Jun, 2021 01:02pm

Markets

CBOT soybeans may bounce into $14.03-$14.19 range

A fall below $13.23-1/2 may confirm a continuation of the downtrend towards $12.50-1/2.

Published 18 Jun, 2021 12:32pm

Markets

CBOT wheat hits 2-month low on dollar strength, harvest pressure

The U.S. Department of Agriculture reported export sales of U.S. wheat in the week ended June 10 at 287,100 tonnes, in line with trade expectations for 200,000 to 500,000 tonnes.

Published 18 Jun, 2021 01:19am

Markets

CBOT corn may retest support at $6.46-1/2

The lower trendline suggests a target around $6.26-3/4, which is likely to be fulfilled over the next few days.

Published 17 Jun, 2021 11:20am

Markets

CBOT wheat may retest support at $6.48-1/4

The chance of a further fall will be greatly reduced, if wheat could close above $6.65 on Wednesday.

Published 17 Jun, 2021 11:16am

Markets

CBOT wheat may retest support at $6.48-1/4

Confirmation of the reversal will be when wheat climbs above $6.79.

Published 16 Jun, 2021 12:31pm

Markets

Palm loses more than 2% on weaker soyoil prices

The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange dropped 2.51% to 3,453 ringgit ($838.72) a tonne.

Published 16 Jun, 2021 11:10am

Markets

CBOT corn may bounce further to $6.86-3/4

On the daily chart, the consolidation is taking the shape of a wedge, the lower trendline suggests a target around $6.26-3/4.

Published 16 Jun, 2021 11:02am

Markets

CBOT soybeans may test support at $14.45-1/4

A break above $14.87-1/4 could lead to a gain to $15.13-1/4.

Published 16 Jun, 2021 11:00am

Markets

CBOT wheat may retest support at $6.58

The current drop is highly likely to extend to $5.92-1/4, the bottom of the wave B.

Published 15 Jun, 2021 01:23pm

Markets

CBOT soybeans may bounce into $14.87-1/4 to $15.13-1/4 range

Based on the projection analysis, the contract is supposed to fall to $14.19-1/2.

Published 15 Jun, 2021 12:53pm

Markets

US MIDDAY: Corn and soyabeans drop

CHICAGO: US corn futures fell by about 4% on Monday on a mix of technical selling and forecasts for improving ...

Published 15 Jun, 2021 03:30am

Markets

Palm extends fall to hit over 4-month low on cheaper US soyoil

CBOT soybean and soyoil prices fell more than 2% each, weighed down by a possible US move to reduce biodiesel production.

Published 14 Jun, 2021 12:19pm

Markets

CBOT wheat may rise to $7.03-1/2

A break below $6.69-1/2 could confirm a double-top forming around $7.03-1/2, which will then suggest a target of $6.39-1/2.

Published 11 Jun, 2021 01:39pm

Markets

CBOT soybeans may test support at $15.31-1/4

A break above $15.57-1/4 could lead to a gain into $15.78-1/4 to $15.99-1/4 range. On the daily chart, the uptrend remains intact, as an upward wave (5) is yet to unfold.

Published 11 Jun, 2021 11:13am

Markets

CBOT corn may retest resistance at $7.01-3/4

Corn has failed twice to break $7.01-3/4, it is highly likely to succeed this time, as the wave (3) has a fierce character.

Published 10 Jun, 2021 11:16am

Markets

CBOT soybeans set to retest resistance at $16.25-1/4

The third wave is ready to travel towards $16.41-3/4.

Published 10 Jun, 2021 11:13am

Markets

US MIDDAY: Corn up; soya, wheat mixed

CHICAGO: US corn futures firmed on Monday, supported by concerns that hot and dry conditions in key growing areas of...

Published 08 Jun, 2021 04:09am

Markets

CBOT wheat may rise towards $7.18-1/2

Most likely, the current rise will consist of five waves as well.

Published 07 Jun, 2021 11:36am

Markets

CBOT corn may revisit the May 11 high of $7.32-1/2

On the daily chart, corn could be riding on an extended fifth wave which is often seen in commodity markets.

Published 07 Jun, 2021 11:35am

Markets

CBOT soybeans may rise to $16.67-1/2

On the daily chart, the wave count is a bit different. The contract is riding on a wave (5) which is expected to travel above the peak of the wave (3) at $16.67-1/2.

Published 07 Jun, 2021 11:32am

Markets

CBOT soybeans may rise to $16.25-1/4 per bushel

This wave has overcome the barrier at $15.73. It is expected to extend towards the next resistance at $16.41-3/4.

Published 03 Jun, 2021 12:06pm

Markets

CBOT wheat may retest resistance at $7.03-1/2

This impulsive wave mode is highly consistent with the one from the May 26 low of $6.39-1/2. The consistency confirms a steady uptrend from $4.96-1/4.

Published 02 Jun, 2021 12:07pm

Markets

CBOT soybeans may retreat into $15.24-1/4 to $15.33-1/2 range

This wave has completed its first part.

Published 02 Jun, 2021 12:06pm

Markets

CBOT corn may test resistance at $7.01-3/4

A drop to $6.79 could make this wave count invalid, a bearish target of $6.67-1/2 will be established accordingly. On the daily chart, corn could be riding on an extended fifth wave.

Published 02 Jun, 2021 12:03pm

Markets

CBOT wheat may test resistance at $6.88-1/4

A retracement analysis on the trend reveals a target zone of $7.03-1/2 to $7.18-1/2. Support is at $6.69-1/2, a break below which may cause a fall to $6.58.

Published 01 Jun, 2021 11:34am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 2 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 2 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 2 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 2 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 2 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 2 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 2 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 2 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 2 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 2 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

Calculate your monthly liability in FY24

CBOT

Most Popular Articles