{"id":164962,"date":"2020-02-14T10:30:28","date_gmt":"2020-02-14T15:30:28","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=164962"},"modified":"2020-02-14T07:31:28","modified_gmt":"2020-02-14T12:31:28","slug":"soybean-analysis-higher-export-lower-supply-forecasts-bullish-for-soybean-price","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/02\/soybean-analysis-higher-export-lower-supply-forecasts-bullish-for-soybean-price\/","title":{"rendered":"Soybean Analysis: Higher export, lower supply forecasts bullish for soybean price"},"content":{"rendered":"
February 14, 2020<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/strong><\/p>\n

Higher export and lower supply forecasts bullish for soybean price<\/strong><\/p>\n

US Department of Agriculture increased its forecast for US soybean exports by 50 million bushels to 1.825 billion bushels in its WASDE February 11 report. At the same time it estimated a 10.5% decline of US soybean carryout from last month. And China customs data indicate soybean imports by China totaled 88.5 million tons for 2019, up 0.5% year on year, despite African Swine Fever and the trade war. Higher export and lower carryover forecasts are bullish for soybean prices.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Indicator<\/th>\nVALUE<\/th>\nSignal<\/th>\n<\/tr>\n<\/thead>\n
MACD<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
Stochastic<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n
Donchian Channel<\/td>\n<\/td>\nNeutral<\/td>\n<\/tr>\n
MA(200)<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n
Fractals<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
Parabolic SAR<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Summary of technical analysis<\/h2>\n\n\n\n\n\n
Order<\/b><\/td>\nBuy<\/td>\n<\/tr>\n
Buy stop<\/b><\/td>\nAbove 905.3<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nBelow 885<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Higher export and lower supply forecasts bullish for soybean price US Department of Agriculture increased its forecast for US soybean exports by 50 million bushels to 1.825 billion bushels in its WASDE February 11 report. At the same time it estimated a 10.5% decline of US soybean carryout from last month. And China […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-164962","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/164962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=164962"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/164962\/revisions"}],"predecessor-version":[{"id":164981,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/164962\/revisions\/164981"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=164962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=164962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=164962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}