Soybean price resumes its positive trades to move away from the minor bullish channel’s support line, thus, the bullish trend will remain dominant in the upcoming sessions, and the way is open to achieve our positive targets that start at 1070.00 and extend to 1096.90, reminding you that it is important to hold above 1039.60 and 1032.00 levels to continue the expected rise.

The expected trading range for today is between 1045.00 support and 1070.00 resistance.

The expected trend for today: Bullish

Corn price shows new positive trades to approach our waited target at 411.00, reinforcing the expectations of achieving more gains for the rest of the day, being aware that it is important to monitor the price when reaching the mentioned level, as breaching it will extend the bullish wave on the short term and medium term basis, while holding against the bullish rally will force the price to start correctional bearish wave for the rise that started from 365.00 areas.

The expected trading range for today is between 400.00 support and 411.00 resistance.

The expected trend for today: Bullish

The tight range dominates the NZDUSD pair’s trades since morning, which hovers around 0.6600 barrier, and as long as the price is above 0.6570, our bullish overview will remain valid for today, supported by stochastic positivity, reminding you that our waited targets begin at 0.6700 and extend to 0.6788.

The expected trading range for today is between 0.6550 support and 0.6670

The expected trend for today: Bullish

The AUDUSD pair did not show any strong move since morning, to fluctuate around 0.7075 level, thus, no change to the bearish trend scenario that depends on the price stability below 0.7200, while its next main target located at 0.6964.

The expected trading range for today is between 0.7010 support and 0.7140

The expected trend for today: Bearish