Soybean price keeps its stability above 1039.60, to keep the bullish trend scenario active for today, waiting to get positive motive that assists to push the price to resume the positive trading that targets 1065.80 levels mainly, reminding you that the continuation of the expected rise requires holding above 1039.60 and 1029.50 levels.
The expected trading range for today is between 1035.00 support and 1060.00 resistance.
The expected trend for today: Bullish
Corn price shows sideways trading and faces solid resistance at 380.00 barrier, and as long as the price is above 375.40, our bullish overview will remain valid for today, which gets continuous support by the EMA50, reminding you that our next main target reaches 390.00.
The expected trading range for today is between 375.00 support and 390.00 resistance.
The expected trend for today: Bullish
The NZDUSD pair faces negative pressure now to test the intraday bullish channel’s support line, while stochastic keeps gaining the positive momentum, waiting to assist to push the price to rise again, to keep the bullish trend scenario valid for today unless breaking 0.6710 and holding below it, reminding you that our next main target reaches 0.6900.
The expected trading range for today is between 0.6730 support and 0.6850
The expected trend for today: Bullish
The AUDUSD pair trades negatively now to attack the bullish channel’s support line, which urges caution from the upcoming trading, as continuing the decline and breaking 0.7250 will put the price under additional negative pressure to open the way to turn to decline and start correctional bearish wave, while consolidating above it will keep the bullish trend scenario will remain active that its next target located at 0.7413.
The expected trading range for today is between 0.7260 support and 0.7400
The expected trend for today: Bullish