Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Soy Technical Analysis Report 27 January, 2021
• Soy rising inside impulse wave (5) • Likely to reach resistance level 1437.81 Soy continues to rise inside the sharp medium-term upward impulse wave (5) which started recently from the support area lying between…
Soy Technical Analysis Report 18 December, 2020
Soy reached buy target 1200.00 Likely to rise to 1250.00 Soy recently broke above the key resistance level 1200.00 (which was set as the likely buy target in our previous forecast for this instrument). The…
Soy Technical Analysis Report 14 December, 2020
Soy reversed from support area Likely to rise to 1200.00 Soy recently reversed up from the combined support area lying at the intersection of the support level 1150.00 (former support from the middle of November-…
Soy Technical Analysis Report 02 December, 2020
Soy falling inside sharp impulse wave (c) Likely to reach 1125.00 Soy continues to fall inside the sharp downward impulse wave (c), which started earlier from the combined resistance area lying between the round resistance…
Soy Technical Analysis Report 17 November, 2020
Soy broke key resistance level 1160.00 Likely to rise to 1200.00 Soy continues to rise fall after the earlier breakout of the key resistance level 1160.00 (which stopped the previous sharp upward impulse (iii) at…
Soy Technical Analysis Report 04 November, 2020
Soy reversed from support zone Likely to rise to 1093.00 Soy previously reversed up sharply with the daily Japanese candlesticks reversal pattern Morning Star from the support zone located between the support level 1045.00 (which…
Soybeans Technical Analysis Report 28 October, 2020
Soybeans reversed from resistance level 1080.00 Likely to correct to 1050.00 Soybeans falling strongly today - which follows the earlier sharp downward reversal from the long-term resistance level 1080.00 (which has been steadily reversing the…