financetom
Technology
financetom
/
Technology
/
Soybean price continues to decline – Forecast today - 12-04-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Soybean price continues to decline – Forecast today - 12-04-2024
Apr 11, 2024 10:02 PM

Soybean Price Analysis Expected Scenario Soybean price continues its decline, achieving the first target at 1164.00$. Further decline expected towards 1131.40$ as the next main target. The EMA50 supports the bearish wave within the bearish channel on the chart. Holding below 1193.10$ is crucial for the continuation of the expected decline. The expected trading range for today is between 1140.00$ support and 1180.00$ resistance.

Trend Forecast Bearish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved