Midday update for Sugar price 04-05-2021

2021-05-04 08:37:48 GMT (Economies.com)
 

Sugar price attempts to breach 16.80 level, which hints heading to attempt to recover and regain the main bullish trend again, which makes us prefer staying aside until the price confirms its situation according to this level, as confirming breaching it will push the price to achieve new gains that start by testing 17.52 followed by 18.00 levels, while consolidating below it will press on the price to decline towards 16.55 followed by 16.00 levels.

 

The expected trading range for today is between 16.40 support and 17.00 resistance

 

The expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.2086
-0.0087
0.7163%
1.4040
-0.0096
0.6827%
Tadawul
10322.68
86.96
0.85%
26.919
-0.885
3.183%
64.610
-0.782
1.196%
67.96
-1.36
1.96%
1817.320
-26.905
1.459%
 
 
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