{"id":165802,"date":"2020-03-03T10:45:42","date_gmt":"2020-03-03T15:45:42","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=165802"},"modified":"2020-03-03T07:37:57","modified_gmt":"2020-03-03T12:37:57","slug":"soybeans-analysis-brazil-cut-soybean-exports-in-february","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/03\/soybeans-analysis-brazil-cut-soybean-exports-in-february\/","title":{"rendered":"Soybeans Analysis: Brazil cut soybean exports in February"},"content":{"rendered":"
March 3, 2020<\/div>
\r\n<\/div><\/div>

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

Brazil cut soybean exports in February<\/strong><\/p>\n

Market participants suppose an increase in demand for cheaper soybeans in China compared to relatively expensive meat amid falling economic activity in the industry due to coronavirus. In February 2020, the Chinese Caixin \/ Markit Manufacturing Purchasing Managers Index (PMI) crushed down to a historic low of 40.3 points, compared with 51.1 points in January. The Government of Argentina is going to increase export duties on soybeans by 3% to replenish the state budget. Nowadays they make up 30%. Theoretically, an increase in duties could adversely affect soybean production in Argentina.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Indicator<\/th>\nVALUE<\/th>\nSignal<\/th>\n<\/tr>\n<\/thead>\n
RSI<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
MACD<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
MA(200)<\/td>\n<\/td>\nNeutral<\/td>\n<\/tr>\n
Fractals<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
Parabolic SAR<\/td>\nadditional resistance<\/td>\nSell<\/td>\n<\/tr>\n
Bollinger Bands<\/td>\n<\/td>\nNeutral<\/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 908<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nBelow 875<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

By IFCMarkets Brazil cut soybean exports in February Market participants suppose an increase in demand for cheaper soybeans in China compared to relatively expensive meat amid falling economic activity in the industry due to coronavirus. In February 2020, the Chinese Caixin \/ Markit Manufacturing Purchasing Managers Index (PMI) crushed down to a historic low of […]<\/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-165802","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/165802","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=165802"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/165802\/revisions"}],"predecessor-version":[{"id":165827,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/165802\/revisions\/165827"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=165802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=165802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=165802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}