Corn price attempts positively – Analysis - 24-09-2021

2021-09-24 04:12:03 GMT (Economies.com)
 

Corn price provided calm positive trades yesterday to move above the bearish channel’s resistance, but the price still below 534.00, accompanied by witnessing continuous negative signals by stochastic, to keep our bearish overview that targets 504.00 followed by 480.00 levels mainly.

 

Note that breaching 534.00 and holding above it will stop the suggested negative scenario and lead the price to turn to rise.

 

The expected trading range for today is between 515.00 support and 534.00 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1292
0.0049
0.4339%
1.3338
-0.0068
0.5042%
Tadawul
11299.45
-68.73
0.60%
23.648
-0.839
3.428%
74.176
-1.674
2.207%
77.55
-4.71
5.73%
1808.835
-9.000
0.495%
 
 
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