Soybean trading range for the day is 3181-3429. Support for Soyabean is at 3222 below which could see a test of 3181. Resistance is now seen at 3346 above that could see a resistance of 3428. At the ...
NCDEX soybean futures traded slightly higher on account of firm overseas market as lower global ending stocks. Better export of USDA’s weekly export sales also added bullish market sentiments. ...
EquitiesAsian markets rose moderately thanks to Thursday’s upbeat US data. The Nikkei rose .3% to 8402, the Kospi jumped 1.2%, and the ASX 200 rose by .5%. China’s markets surged on hopes ...
EquitiesAsian markets slid on Thursday as anxiety grew ahead of Friday’s European Summit. The Nikkei dropped .7% to 8645, pulling back from a 1-month high. The Kospi slipped .4% after the Bank ...
Markets are generally steady in Asian session today. Risk appetite failed to sustain overnight as traders refused to commit to their positions ahead of thin holiday trading period. Weak home sales ...
The huge take up in the ECBs 3-year lending operation jarred the euro to nearly 1.32 but it slipped to 1.3050 at the end of the day on some weak details. CAD was the top performer on ...
The Euro tested the level above 1.36, which is the 50% Fibonacci level of the rise from 1.3415 to 1.4246, but failed to break above that level. The break below 1.3405 (76,4% Fibo level of the above ...
Movement in the general area of consolidation continues. Correction after falling from 85.52 to 79.57 reached 38.2 percent, followed by a break in the downward direction, as the price moves in the ...
The pound depreciated against the Dollar after failing to break above 1.6120 (38,2% Fibo level of downside trend to 1.5327). After breaking through the support at 1.5777 (bottom from 07.2011) the ...
The European Central Bank started the offering of unlimited three years loans to banks in the region to boost the liquidityThe offer faced huge demand as the amount borrowed reached 489billion Euro ...
