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Technical Analysis #C-SOYB : 2016-01-29

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Soybean on the rise World soybean production forecast has been lowered recently. Dry weather forecast in South America has spurred concerns for soybean crop yield in the region. Will the price of soybean continue rising? Soybean prices are rising supported by dry weather and global output estimates. Commodity Weather Group forecasts continued dry weather in crop areas in Argentina, which will negatively impact the crop yields. The United States Department of Agriculture updated its estimate of

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