Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

Midday update for Soybean price 30-06-2020

Economies.com
2020-06-30 09:31AM UTC

Soybean price bounced bearishly after testing the broken support line that appears on the chart, to keep the bearish trend scenario dominant for the rest of the day, waiting to test 850.40 level initially, noting that the EMA50 supports the suggested bearish wave, which will remain valid conditioned by the price stability below 871.40.

 

The expected trading range for today is between 850.00 support and 865.00 resistance.

 

The expected trend for today: Bearish

Midday update for Corn price 30-06-2020

Economies.com
2020-06-30 09:31AM UTC

Corn Price fluctuates at 326.10 level and still above it until now, which keeps the bullish trend scenario active for the upcoming period, which targets visiting 337.60 level mainly, reminding you that breaking 326.10 and holding below it will put the price under the negative pressure to return to the main bearish track again.

 

The expected trading range for today is between 320.00 support and 335.00 resistance.

 

The expected trend for today: Bullish

Midday update for the AUDUSD 30-06-2020

Economies.com
2020-06-30 09:31AM UTC

The AUDUSD pair provides calm negative trades to move away gradually from the EMA50, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, reminding you that our main waited target is located at 0.6700, while holding below 0.6900 represents key condition to achieve it.

 

The expected trading range for today is between 0.6800 support and 0.6950

 

The expected trend for today: Bearish

Midday update for the NZDUSD 30-06-2020

Economies.com
2020-06-30 09:31AM UTC

The NZDUSD pair resumes its negative trading to move away from 0.6424, which supports the continuation of the correctional bearish trend scenario, which its next target located at 0.6328, supported by the negative pressure formed by the EMA50, noting that holding below 0.6450 is important to continue the suggested decline.

 

The expected trading range for today is between 0.6350 support and 0.6480

 

The expected trend for today: Bearish