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soyabean

Palm oil may test resistance at 3,834 ringgit

Palm oil may test resistance at 3,834 ringgit

  • Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.
Published 26 Feb, 2021 09:57am
US MIDDAY: Corn, soya rise
Markets

US MIDDAY: Corn, soya rise

CHICAGO: US corn and soyabean futures rose on Wednesday as storms in major production areas of Brazil disrupted...
Published 25 Feb, 2021 04:58am
US oil may retest resistance at $62.78
Markets

US oil may retest resistance at $62.78

  • Based on the drop from this high to the Feb. 19 low of $58.59, oil is supposed to rise to $65.61. A break above $62.08 could signal the continuation of the uptrend.
Published 24 Feb, 2021 10:12am
Palm oil may test resistance at 3,752 ringgit
Markets

Palm oil may test resistance at 3,752 ringgit

  • Support is at 3,624 ringgit, a break below which could cause a fall into the 3,466-3,545 ringgit range. On the daily chart, the contract may break a resistance at 3,581 ringgit, following its failure on Feb. 15.
Published 24 Feb, 2021 10:11am
Palm oil gains 2% as crude, soyoil rise
Markets

Palm oil gains 2% as crude, soyoil rise

  • The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange rose 74 ringgit, or 2.1%, to 3,618 ringgit ($895.32) a tonne during early trade.
Published 23 Feb, 2021 12:09pm
Spot gold to test support at $1,761
Markets

Spot gold to test support at $1,761

  • Gold has started a consolidation, which may be confined in the range of $1,769-$1,805. The downtrend is expected to resume upon the completion of this consolidation.
Published 18 Feb, 2021 11:16am
Palm oil may test resistance at 3,662 ringgit
Markets

Palm oil may test resistance at 3,662 ringgit

  • The exact move on Thursday remains unclear. The contract may open lower and retreat towards 3,521 ringgit or open high but close below 3,634 ringgit. A consolidation around 3,634 ringgit is highly anticipated.
Published 18 Feb, 2021 11:13am
Spot gold to test support at $1,783
Markets

Spot gold to test support at $1,783

  • Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.
Published 17 Feb, 2021 12:35pm
CBOT soyabean futures rise
Markets

CBOT soyabean futures rise

CHICAGO: Chicago Board of Trade soyabean futures rose on Thursday, supported by demand from end users who viewed a...
Published 13 Feb, 2021 04:11am