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Midday update for Soybean price 12-03-2020
Soybean price settles around 860.00 level, and as long as the price is below 876.30, the negative pressure will remain valid for today, supported by the EMA50, reminding you that we are waiting to head towards 847.00 that represents the main target of the current bearish wave.
The expected trading range for today is between 850.00 support and 870.00 resistance.
The expected trend for today: Bearish
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Midday update for Corn price 12-03-2020
Corn Price shows negative trades now on its way towards our waited target at 366.00, to keep the bearish trend scenario active in the upcoming sessions, reminding you that breaking this level will push the price to 353.50 as a next negative station, while the expected decline will remain valid unless breaching 373.80 level and holding above it.
MoreMidday update for the NZDUSD 12-03-2020
The NZDUSD pair trades with calm negativity to move away gradually from the bearish channel’s resistance, to keep the bearish trend scenario active for the the rest of the day, on its way to visit 0.6190 that represents the first main target, reminding you that the continuation of the bearish wave conditions holding below 0.6324.
MoreMidday update for the AUDUSD 12-03-2020
The AUDUSD pair succeeded to touch our waited target at 0.6430 and surpasses it now to settle below it, which supports the expectations of extending the bearish wave on the short term basis, paving the way to head towards our next target that reaches 0.6230.
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