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Midday update for Corn price 31-07-2020

Economies.com
2020-07-31 10:15AM UTC

Corn price didn’t show any strong move since morning, to keep fluctuating near 320.00, as long as the price below 326.10, so our bearish trend expectations will remain valid in the upcoming period, reminding you that we wait for visiting 315.00 then 307.60 levels as next main stations.

 

The expected trading range for today is between 315.00 support and 326.00 resistance.

 

The expected trend for today: Bearish

Midday update for Soybean price 31-07-2020

Economies.com
2020-07-31 10:15AM UTC

Soybean price surpassed the EMA50 and settles above it, reinforcing the expectations for the bullish trend continuation in the upcoming sessions, targeting 905.50 level as an initial positive station, reminding you that the continuation of the bullish wave conditioned by holding above 888.50 and the most important above 880.00 levels.

 

The expected trading range for today is between 885.00 support and 900.00 resistance.

 

The expected trend for today: Bullish

 

Midday update for the NZDUSD 31-07-2020

Economies.com
2020-07-31 10:15AM UTC

The NZDUSD pair settles above the bullish channel’s support, to keep preferring the bullish trend in the upcoming sessions, and its next main target located at 0.6750, reminding you that holidng above 0.6625 is important for the continuation of the suggested bullish wave.

 

The expected trading range for today is between 0.6650 support and 0.6800

 

The expected trend for today: Bullish

Midday update for the AUDUSD 31-07-2020

Economies.com
2020-07-31 10:14AM UTC

The AUDUSD pair shows slight bearish bias affected by stochastic negativity, while the main bullish trend scenario depending on the stability above 0.7120 and 0.7065 levels, pointing that the EMA50 keeps supporting the suggested bullish wave’s support, targeting 0.7290 level as a next main station.

 

The expected trading range for today is between 0.7150 support and 0.7290

 

The expected trend for today: Bullish