1024 && window.pageYOffset>295){scrollFromTop=true;} else if(window.screen.width<=1024 && window.pageYOffset>0){scrollFromTop=true;} else {scrollFromTop=false;}"
>
-
2373.635
20.623%
-
79.699
1.992%
-
1.0856
1.6885%
-
5312.66
0.02%
-
39887.76
0.08%
-
18609.36
0.06%
Corn price faces solid resistance – Forecast today - 03-04-2024
Economies.com
2024-04-03 02:34AM UTC
Corn Price Update
Corn Analysis
- The corn price bounced downwards strongly yesterday after encountering solid resistance at 449.20$.
- It tested the key support level at 433.50$.
- The price consolidates above this level, keeping the chances valid for continuing the correctional bullish trend.
- Supported by stochastic reaching oversold areas.
- Waiting for positive trades in the upcoming sessions.
- The first target is represented by testing 449.20$ again.
- Breaking 433.50$ will stop the correctional bullish scenario and push the price to decline again.
Expected Trading Range for Today
- Between 430.00$ support and 445.00$ resistance.