Soybean Oil Technical Chart and Analysis 10th February 2016

PAR Feb 10, 2016 0

Soy oil 1603 breaks its crucial resistance level at $30.83 (14-DMA), where a break above will open the way towards $31.28. However, any downward movem...

Soybean Oil Technical Chart and Analysis 2nd February 2016

PAR Feb 2, 2016 0

Consolidation is likely to continue above the 200-DMA at $30.58, suggesting further upside towards $32.02. However, any downside will be tested toward...

Soybean Oil Technical Chart and Analysis 27th January 2016

PAR Jan 27, 2016 0

Soy oil 1603 has formed a higher high indicating further upside. If the increase continues, the initial target will be at $31.90. However, a correctio...

Soybean Oil Technical Chart and Analysis 14th January 2016

PAR Jan 14, 2016 0

Soy oil 1603 is facing strong resistance around 50-DMA at $29.79, while holding ground above its critical support of $29.12. Soy oil really needs to c...