A strong support level has been breached at 47.8000 on the 1 hour Soybean Oil March 2024 chart. Technical Analysis theory forecasts a movement to 47.0500 in the next day.
Related Posts
Because Gold Spot formed a Inverse Head and Shoulders pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Gold Spot is heading towards the resistance line of a Inverse Head and Shoulders and could reach this…
Important price line being approached by Brent Crude. This price has been tested numerous times before.
Brent Crude is moving towards a key resistance level at 69.6870. Brent Crude has previously tested this level…
Interesting opportunity on Natural Gas after breaking 2.97175
This trade setup on Natural Gas is formed by a period of consolidation; a period in which the…