Soybeans MAY 2021 is heading towards a price line of 1419.0000 and could reach this point within the next 13 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
ARTÍCULOS RELACIONADOS
A possible move on Silver Spot as it heads towards resistance
Silver Spot is approaching the resistance line of a Channel Up. It has touched this line numerous times…
Silver Spot formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
A Rising Wedge pattern was identified on Silver Spot at 36.2943, creating an expectation that it may move…
Brent Crude has broken through a level it has tested 3 times in the recent past.
A strong resistance level has been breached at 66.3745 on the 4 hour Brent Crude chart. Technical Analysis…