Soybean price shows negative trades now affected by stochastic negativity, and it might test the bullish trend line at 1068.00 before turning back to rise again.

In general, we will continue to suggest the bullish trend conditioned by the stability above the mentioned level, as breaking it will push the price to test 1054.00 areas and might extend to 1039.60 before any new attempt to rise, while the next main target of the expected bullish wave is located at 1096.90.

The expected trading range for today is between 1075.00 support and 1096.00 resistance.

The expected trend for today: Bullish

Corn price faces negative pressure to attack the minor bullish channel’s support line that appears on the chart, which urges caution from the upcoming trading, as holding below 415.00 will stop the recently suggested positive scenario and push to start bearish correction that its targets begin at 395.50.

The expected trading range for today is between 412.00 support and 425.00 resistance.

The expected trend for today: Bullish

The tight range dominates the NZDUSD pair’s trades since morning, therefore, no change to the bullish trend scenario that targets 0.6788 as a next main station, while failing to breach 0.6705 will put the price under negative pressure that its targets begin at 0.6590.

The expected trading range for today is between 0.6640 support and 0.6760

The expected trend for today: Bullish

The AUDUSD pair did not show any strong move since morning, to continue fluctuating around 0.7120, therefore, no change to the bearish trend scenario that depends on the price stability below 0.7170, while its main waited targets located at 0.7000 followed by 0.6964.

The expected trading range for today is between 0.7050 support and 0.7180

The expected trend for today: Bearish