Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Corn price forms negative pattern – Forecast today - 09-10-2024

Economies.com
2024-10-09 04:05 UTC

Corn price keeps declining to approach our waited target at 425.30$, noticing that the price completed forming double top pattern that we expect to push the price to break the mentioned level and achieve additional negative targets that extend to 416.30$.

 

Therefore, the bearish trend will remain suggested for the upcoming period, noting that breaching 434.30$ will stop the negative scenario and push the price to turn to rise.

 

The expected trading range for today is between 420.00$ support and 434.00$ resistance.

 

Trend forecast: Bearish

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The USDCHF price resumes the rise – Forecast today - 09-10-2024

Economies.com
2024-10-10 03:34 UTC

The USDCHF price returns to rise after testing 0.8543 level in the previous sessions, to resume the bullish trend on the intraday basis, on its way to achieve positive targets that start at 0.8600 and extend to 0.8673.

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The NZDUSD price begins negatively – Forecast today - 09-10-2024

Economies.com
2024-10-09 04:04 UTC

The NZDUSD price opens today with clear negativity to approach our waited target at 0.6070$, and we suggest breaking this level to achieve additional negative targets that extend to 0.6000$ on the near-term basis.

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The AUDUSD price keeps its negative stability – Forecast today - 09-10-2024

Economies.com
2024-10-09 04:04 UTC

The AUDUSD price settles below 0.6744$ level, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 0.6697$ followed by 0.6655$ levels as next negative stations.

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