Midday update for Corn price 11-05-2021

The NZDUSD pair shows positive trades now to head towards resuming the main bullish trend, noticing that stochastic got rid of its negative momentum to provide positive signals now, waiting for more rise in the upcoming sessions to visit 0.7400 that represents our next target, reminding you that it is important to hold above 0.7180 to continue the expected bullish trend.

The AUDUSD pair resumes its positive trading after approaching 0.7810 level this morning, getting clear positive signals through stochastic, waiting for more rise in the upcoming sessions, as our first target is located at 0.7900, while holding above 0.7810 represents key condition to achieve it.

Brent oil price fluctuates at the bullish channel’s support line that appears on the chart, while stochastic gains the positive momentum gradually, waiting to motivate the price to resume the expected bullish trend on the intraday and short term basis, which its next target located at 71.35, while achieving it requires holding above 67.55.