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soyabean

Palm oil signals mixed
Markets

Palm oil signals mixed

  • However, a spinning top forming on May 28 around 4,026 ringgit suggests a possible shallow fall towards 3,938 ringgit.
Published 31 May, 2021 11:40am
NY cocoa to test support at $2,414
Markets

NY cocoa to test support at $2,414

  • The rise from $2,317 observed closely a set of retracements of the downtrend from $2,728 to $2,317. After breaking $2,474, cocoa is expected to test the next support at $2,414.
Published 21 May, 2021 02:23pm
Palm oil may fall to 4,273 ringgit
Markets

Palm oil may fall to 4,273 ringgit

  • On the daily chart, the contract reapproached a strong resistance zone of 4,486 ringgit to 4,576 ringgit, formed by the 2008 high and a 161.8% projection level.
Published 19 May, 2021 12:08pm
Palm oil may rise to 4,369 ringgit
Markets

Palm oil may rise to 4,369 ringgit

  • This fall looks like a pullback towards the March 15 high of 4,192 ringgit, around which, the contract is stabilizing, as suggested by the doji forming on Monday.
Published 18 May, 2021 11:01am