Corn price keeps its positive stability – Analysis - 16-08-2022
Economies.com
2022-08-16 03:29AM UTC
Corn price attempted to break 622.40 but it kept its stability above it, to keep the bullish trend scenario active, supported by the EMA50 that carries the price from below, besides the positive signal provided by stochastic now, waiting to visit 660.80 as a next main target.
On the other hand, we should note that breaking 622.40 will stop the expected rise and press on the price to turn to decline.
The expected trading range for today is between 615.00 support and 645.00 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Silver about to trade above $30 once more for first time in 3 years
2024-05-17 11:54AM UTC
Silver prices rose in European trade on Friday, resuming gains and approaching $30 an ounce for the ...
Commodities
Gold hovers near four-week high ahead of Christopher Waller's remarks
2024-05-17 09:13AM UTC
Gold prices rose in European trade on Friday, resuming gains and approaching four-week highs, and ...
Commodities
Gold about to trade above $2400
2024-05-16 09:55AM UTC
Gold prices rose in European trade on Thursday, extending gains for the third straight session and ...
Commodities Technical Analysis
Commodities
Update: Silver price resumes the bullish track
2024-05-17 15:23PM UTC
Silver price rallied upwards strongly to breach 29.80$ level and approach 31.00$ barrier, to stop ...
Commodities
Brent oil price forecast update 17-05-2024
2024-05-17 09:10AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price hovers around the EMA50 that ...
Commodities
Crude oil price forecast update 17-05-2024
2024-05-17 09:10AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price shows slight negative trades ...