Corn price recovers by the week’s open – Analysis - 16-05-2022
Economies.com
2022-05-16 04:10AM UTC
Corn price opened today with bullish gap that put the price at 794.60 again, to keep the positive scenario active for the upcoming period, waiting to breach the mentioned level to confirm extending the bullish wave towards 808.00 level.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 777.20 and holding below it.
The expected trading range for today is between 780.00 support and 800.00 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Commodities
Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, ...
Commodities
Gold prices edge away from record highs
2024-04-17 18:26PM UTC
Gold prices fell on Wednesday even as the dollar lost ground against most major rivals, with ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price broke the 87.67$ level ...
Commodities
Crude oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price resumes its negative trading ...
Commodities
Silver price forecast update 18-04-2024
2024-04-18 11:11AM UTC
Silver Price Analysis Expected Scenario Silver price is attempting to return to the ...