Colosseum a.s. (Colosseum a.s.)
Commodities  |  19.4.2013 16:20:28

Soy may continue to fall



ColosseumSoybeans grow for the second week after the raised demand for U.S. exports due to delayed deliveries from Brazil. U.S. Department of Agriculture reported that exports rose by 48% to almost 567,000 tons. View technical analysis, a resistant level in the form of falling trend line. At the same time, the price touched bottom round number at 1400 USc per pound. You may bounce downward. If that happens, the price may drop to approximately 1,350 USc per pound, where it is possible to observe a strong support. and # 160; Graph: Daily soybean prices in USc a pound unadjusted effect of scrolling (Source: Colosseum) OF THIS REPORT MAY APPLY Decree No. 114/2006 Coll., the fair presentation of investment recommendations. IN THIS REPORT IS THE PERSON STATED THAT THIS MESSAGE TO COMPANY ESTABLISHED OR PREPARED.ADMINISTRATIVE OFFICE THAT UNDERTAKEN BY OVER SURVEILLANCE, THE CZECH NATIONAL BANK. ACCORDING TO THINK THERE ARE CIRCUMSTANCES, which could impair OBJECTIVITY THIS REPORT. Remuneration to persons who participated in the creation of this report is NOT DERIVED FROM TRADES COMPANY. Potential conflicts of interest in relation to this report is regulated by internal regulations. PAST RESULTS ARE NOT ANY WARRANTY PERIOD FOR FUTURE DEVELOPMENT. TRADING NAand # 160; FINANCIAL MARKETS IS RISK. NOT EXCLUDE THE POSSIBILITY OF LOSS AND EVERY TRADE is associated with certain risks. BEFORE YOU DECIDE TO INVEST, POUČENÍand READ # 160; OANDA # 160; RISKS.

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