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Event Segera Berakhir Dalam 3 x 24 Jam !!!
Soybeans futures price touched $13.10 after a jump in weekly U.S. crush rates. Industry analysts argue that strong domestic processing demand could anchor prices above $13.00 in the short run. Tit-for-tat tariffs that Washington and Beijing imposed on each other's goods this year have made U.S. soybeans too expensive for Chinese buyers, leading importers to buy from South America instead. A move in November soybean futures above chart resistance at last week’s high of $10.49 1/4 would give the bulls fresh power and it would also become a buying opportunity. The upside price objective would be $11.25, or above. Technical support, for which to place a protective sell stop just below, is located at $10.20. The soybeans futures price marked $13.00 flat after a mixed USDA report. While ending stocks were trimmed slightly, global demand forecasts were less aggressive, prompting cautious positioning among hedge funds.
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