The price of Soybean Meal March 2024 in heading in the direction of 385.8300. Despite the recent breakout through 389.1000 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
It’s time to make a decision on US Oil – its recent breach of 63.9260 could be a sign of a new trend to follow.
A strong support level has been breached at 63.9260 on the 30 Minutes US Oil chart. Technical Analysis…
After testing 64.0625 numerous times, US Oil has finally broken through. Can we expect a bearish trend to follow?
A strong support level has been breached at 64.0625 on the 1 hour US Oil chart. Technical Analysis…
Natural Gas – approaching a resistance line that has been previously tested at least twice in the past
Natural Gas is moving towards a resistance line which it has tested numerous times in the past. We…