Corn price tested 405.20$ level again and kept its stability above it, to start providing new positive trades, waiting for more rise to visit 416.30$ that represents our next main target.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 405.20$ and holding below it.
The expected trading range for today is between 402.00$ support and 415.00$ resistance.
Trend forecast: Bullish
Thanks for your feedback.
The USDCHF price provided clear positive trades yesterday to surpass the EMA50 and reach the key resistance 0.8543, which urges caution from the upcoming trading, as the price needs to consolidate below this level to keep the bearish trend active for the upcoming period, supported by stochastic negativity, waiting to visit 0.8455 followed by 0.8332 levels as next main stations.
MoreThe NZDUSD price traded with clear negativity yesterday to settle below 0.6140$ again, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, opening the way to visit 0.6070$ as a next main target.
MoreThe AUDUSD price couldn’t manage to break 0.6640$ level, to rebound bullishly and start intraday bullish wave that targets testing 0.6700$ followed by 0.6728$ levels.
More