Sugar price faces negative pressure now to head towards potential test to the key support 17.40, and as we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend active for the upcoming period, supported by the EMA50 that meets the mentioned support to add more strength to it, noting that our next main target is located at 18.20.

The expected trading range for today is between 17.50 support and 18.20 resistance

The expected trend for today: Bullish

Corn price trades near the key support 648.10, and as long as the price is above this level, our bullish overview will remain valid and active, supported by stochastic reach to the oversold areas, reminding you that we are waiting to visit 676.90 as a next main target.

The expected trading range for today is between 648.00 support and 670.00 resistance.

The expected trend for today: Bullish

Brent oil price resumes its positive trading clearly to approach yesterday’s recorded high at 72.85, waiting to surpass this level to reinforce the expectations of extending the bullish wave on the intraday and short term basis, which its next target located at 74.70, reminding you that the continuation of the bullish wave depends on the price stability above 71.95.

The expected trading range for today is between 71.00 support and 73.50 resistance.

The expected trend for today: Bullish

Crude oil price trades positively and attempts to move away from the bullish channel’s support line, to support the expectations of continuing the main bullish trend, which targets 72.20 as a next main station, reminding you that the continuation of the bullish wave requires holding above 69.90.

The expected trading range for today is between 68.70 support and 71.50 resistance.

The expected trend for today: Bullish