The price of Soybeans January 2024 in heading in the direction of 1352.1750. Despite the recent breakout through 1339.5000 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Related Posts
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…
After testing the support line numerous times, Silver Spot is once again approaching this line. Can we expect a bearish trend to follow?
Silver Spot is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…
Silver Spot formed a Channel Up on the 4 hour chart. Retest of resistance in sight.
Silver Spot was identified at around 36.0735 having recently rebounded of the support on the 4 hour data…