{"id":14331,"date":"2018-06-06T12:27:14","date_gmt":"2018-06-06T20:27:14","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14331"},"modified":"2018-06-06T12:27:14","modified_gmt":"2018-06-06T20:27:14","slug":"farmers-worry-lower-south-america-currencies-value-levels-6-07-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/farmers-worry-lower-south-america-currencies-value-levels-6-07-2018\/","title":{"rendered":"Should farmers worry about lower South America Currencies value? &#038; Levels 6.07.2018"},"content":{"rendered":"<p><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">____________________________________________________________________<\/span><\/b><\/em><\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">Voted #1 Blog and #1 Brokerage Services on\u00a0<a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001U36v1hvtg4O6nrUU85R1W6sfGPKX0ynnFA_D82LpdwBdzw7hFFBsXcDEWOPaVpkBRhG4iwIIEW8dl5sm-Zy6FHhgwdfYQHIB3uhsIL_ukid7tjqwraQ_BoF0xII0Paftq6h0c0xvDjjkGFYQaQXS_PzGm2ZRdaCn-W0INLJ9pmxzYrJ3TUyLrKnbAV5ra33oeleZTVoQEDQ=&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener\">TraderPlanet\u00a0<\/a>for 2016!!\u00a0\u00a0<\/span><\/b><\/em><\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">____________________________________________________________________<\/span><\/b><\/em><\/p>\n<p>Dear Traders,<\/p>\n<div style=\"text-align: left;\" align=\"center\">\n<div align=\"left\">\n<div><strong>Should U.S. Farmers Fret About Falling Ag Currencies?<\/strong><\/div>\n<div><strong>CMEGroup.com\u00a0<\/strong><\/div>\n<div>\n<div>\n<ul>\n<li>31 May 2018<\/li>\n<li>By Erik Norland<\/li>\n<li>Topics:\u00a0<a shape=\"rect\">Agriculture<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>Argentina has slipped into a financial crisis, again. The Argentine peso has fallen 23% against the U.S. dollar this year. The central bank has raised interest rates to 40% to combat capital flight. The currencies of other major agricultural exporters are also suffering. The Brazilian real is down 15% since January 23 while the Russian rouble has declined 10% over the same period (Figure 1).<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>The Ukrainian hryvnia has, however, held its own but could suffer a devaluation at any moment. Outside of these major agricultural exporters, other countries such as Turkey are also experiencing sharp falls in the value of their currencies. Yet, so far, the prices of corn, soy and wheat have reacted with a yawn. Should American farmers be nervous?<\/div>\n<div align=\"center\"><a class=\"imgCaptionAnchor\" href=\"http:\/\/www.cmegroup.com\/education\/featured-reports\/should-us-farmers-fret-over-falling-ag-currencies-.html\" target=\"_blank\" rel=\"noopener\" shape=\"rect\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/mlsvc01-prod.s3.amazonaws.com\/3dc00ef7001\/84ed7e45-9d87-4182-ac9a-5b675b331a0e.png\" width=\"178\" height=\"38\" name=\"ACCOUNT.IMAGE.1246\" border=\"0\" hspace=\"5\" vspace=\"5\" alt=\"\" title=\"\"><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div align=\"left\"><\/div>\n<div align=\"left\"><strong>Looking to save on monthly data fees?<\/strong><\/div>\n<div align=\"left\"><\/div>\n<div align=\"left\">\n<div>Our<a href=\"https:\/\/www.cannontrading.com\/software\/e-futures-international\" target=\"_blank\" rel=\"noopener\" shape=\"rect\">\u00a0E-Futures platform<\/a>\u00a0offers a top of the book option for data feed fees from the CME that is charged monthly to your account.\u00a0 Instead of paying the traditional $15.00 bundle to receive data feed from the CME , NYMEX, COMEX and CBOT or \u00a0$5.00 per exchange, you now have the choice with our E-Futures platform to select top of the book which costs $3.00 for the CME bundle or $1.00 per exchange charged monthly.<\/div>\n<div><\/div>\n<div><strong>Top of the book =<\/strong>\u00a0best bid and best offer. One level of each side of the DOM<\/div>\n<div><strong>Depth of market ( DOM) =<\/strong>\u00a0Top 10 levels on each side of current market price.<\/div>\n<div>Questions? Like to try in demo mode? Call us at +310 859 9572 or contact us at:\u00a0<a href=\"https:\/\/www.cannontrading.com\/company\/contact\" target=\"_blank\" rel=\"noopener\" shape=\"rect\">https:\/\/www.cannontrading.com\/company\/contact\u00a0<\/a><\/div>\n<\/div>\n<\/div>\n<div align=\"left\"><\/div>\n<p>&nbsp;<\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><strong>Good Trading<\/strong><\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\">Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.<\/p>\n<p><strong>Futures Trading Levels<\/strong><\/p>\n<p>06-07-2018<\/p>\n<table>\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Contract June 2018<\/td>\n<td colspan=\"1\" rowspan=\"1\">\u00a0SP500 #ES_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Nasdaq100\u00a0 #NQ_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Dow Jones\u00a0 #YM_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Mini Russell #RTY_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">BitCoin Index #XBT_F<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2805.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">7315.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">25591<\/td>\n<td colspan=\"1\" rowspan=\"1\">1697.63<\/td>\n<td colspan=\"1\" rowspan=\"1\">7828.44<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2788.75<\/td>\n<td colspan=\"1\" rowspan=\"1\">7266.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">25369<\/td>\n<td colspan=\"1\" rowspan=\"1\">1688.07<\/td>\n<td colspan=\"1\" rowspan=\"1\">7753.16<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2780.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">7240.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">25255<\/td>\n<td colspan=\"1\" rowspan=\"1\">1682.93<\/td>\n<td colspan=\"1\" rowspan=\"1\">7637.63<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">2764.25<\/td>\n<td colspan=\"1\" rowspan=\"1\">7191.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">25033<\/td>\n<td colspan=\"1\" rowspan=\"1\">1673.37<\/td>\n<td colspan=\"1\" rowspan=\"1\">7562.35<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2756.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">7165.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">24919<\/td>\n<td colspan=\"1\" rowspan=\"1\">1668.23<\/td>\n<td colspan=\"1\" rowspan=\"1\">7446.82<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2739.75<\/td>\n<td colspan=\"1\" rowspan=\"1\">7116.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">24697<\/td>\n<td colspan=\"1\" rowspan=\"1\">1658.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">7371.54<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2731.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">7091.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">24583<\/td>\n<td colspan=\"1\" rowspan=\"1\">1653.53<\/td>\n<td colspan=\"1\" rowspan=\"1\">7256.01<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Contract<\/td>\n<td colspan=\"1\" rowspan=\"1\">August Gold #GC_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">July Silver #SI-F<\/td>\n<td colspan=\"1\" rowspan=\"1\">July Crude Oil #CL-F<\/td>\n<td colspan=\"1\" rowspan=\"1\">June\u00a0 Bonds\u00a0 #ZB_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">June\u00a0 Euro #6E_F<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1313.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">17.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">67.63<\/td>\n<td colspan=\"1\" rowspan=\"1\">144\u00a0 6\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1900<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1310.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">66.80<\/td>\n<td colspan=\"1\" rowspan=\"1\">143 25\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1852<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1305.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.82<\/td>\n<td colspan=\"1\" rowspan=\"1\">65.94<\/td>\n<td colspan=\"1\" rowspan=\"1\">143\u00a0 3\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1818<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">1301.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.66<\/td>\n<td colspan=\"1\" rowspan=\"1\">65.11<\/td>\n<td colspan=\"1\" rowspan=\"1\">142 22\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1770<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1297.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.56<\/td>\n<td colspan=\"1\" rowspan=\"1\">64.25<\/td>\n<td colspan=\"1\" rowspan=\"1\">142<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1736<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1293.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.40<\/td>\n<td colspan=\"1\" rowspan=\"1\">63.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">141 19\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1688<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1288.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.30<\/td>\n<td colspan=\"1\" rowspan=\"1\">62.56<\/td>\n<td colspan=\"1\" rowspan=\"1\">140 29\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1654<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Contract<\/td>\n<td colspan=\"1\" rowspan=\"1\">July\u00a0 Corn #ZC_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">July Wheat #ZW_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">July Beans #ZS_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">July SoyMeal #ZM_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">July Nat Gas #NG_F<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">390.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">544.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">1014.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">371.27<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.96<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">387.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">538.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1009.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">369.93<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.93<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">383.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">528.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">1002.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">367.47<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.92<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">380.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">522.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">997.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">366.13<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.89<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">375.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">512.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">990.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">363.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.9<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">373.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">506.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">985.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">362.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.86<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">368.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">496.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">978.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">359.87<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.84<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Economic Reports, source:\u00a0<\/strong><\/p>\n<p><a href=\"http:\/\/app.bettertrader.co\" target=\"_blank\" rel=\"noopener\">http:\/\/app.bettertrader.co\u00a0<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/mlsvc01-prod.s3.amazonaws.com\/3dc00ef7001\/5999cc63-da28-4294-80b3-6240658c7860.png\" alt=\"\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>____________________________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0for 2016!!\u00a0\u00a0 ____________________________________________________________________ Dear Traders, Should U.S. Farmers Fret About Falling Ag Currencies? CMEGroup.com\u00a0 31 May 2018 By Erik Norland Topics:\u00a0Agriculture Argentina has slipped into a financial crisis, again. The Argentine peso has fallen 23% against the U.S. dollar this year. The central bank has raised interest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[],"class_list":["post-14331","post","type-post","status-publish","format-standard","hentry","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=14331"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14331\/revisions"}],"predecessor-version":[{"id":14332,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14331\/revisions\/14332"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}