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Midday update for Soybean price 31-07-2020

Economies.com
2020-07-31 10:15AM UTC

Soybean price surpassed the EMA50 and settles above it, reinforcing the expectations for the bullish trend continuation in the upcoming sessions, targeting 905.50 level as an initial positive station, reminding you that the continuation of the bullish wave conditioned by holding above 888.50 and the most important above 880.00 levels.

 

The expected trading range for today is between 885.00 support and 900.00 resistance.

 

The expected trend for today: Bullish

 

Midday update for the AUDUSD 31-07-2020

Economies.com
2020-07-31 10:14AM UTC

The AUDUSD pair shows slight bearish bias affected by stochastic negativity, while the main bullish trend scenario depending on the stability above 0.7120 and 0.7065 levels, pointing that the EMA50 keeps supporting the suggested bullish wave’s support, targeting 0.7290 level as a next main station.

 

The expected trading range for today is between 0.7150 support and 0.7290

 

The expected trend for today: Bullish

Midday update for Brent oil 31-07-2020

Economies.com
2020-07-31 10:14AM UTC

Brent oil price traded with slight positivity this morning, but it returns to fluctuate near 43.30, therefore, so our neutral attitude will remain valid until now, waiting for breaking 42.75 support or breaching 43.85 resistance to detect the next trend clearly.

 

to recognize the details of the expected targets from the breach, please review our morning issued report.

 

The expected trading range for today is between 42.00 support and 45.00 resistance.

 

The expected trend for today: Neutral

Midday update for Crude oil 31-07-2020

Economies.com
2020-07-31 10:14AM UTC

Crude oil price keeps its stability below 40.50 level, keeping the negative scenario active for today, supported by the negative signals that come from stochastic and the EMA50, reminding you that our main waited targets begin at 38.50 and extend to 36.10.

 

The expected trading range for today is between 38.50 support and 41.50 resistance.

The expected trend for today: Bearish