Soybean Forecast, Technical Analysis

  • Soybean, Monday forecast, August 5
    The downtrend may be expected to continue, while pair is trading below resistance level 872, which will be followed by reaching support level 854.

    Weekly forecast, August 5 – 9
    The downtrend may be expected to continue, while pair is trading below resistance level 877, which will be followed by reaching support level 854.
    An uptrend will start as soon, as the pair rises above resistance level 877, which will be followed by moving up to resistance level 894.

Forecast based on “Strategist” trading system

Trading signals based on forecast

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