Sugar price hovers around 17.40 since morning, and as long as the price is above 17.05, our bullish overview will remain valid for today, organized inside the intraday bullish channel that appears on the chart, noting that we are waiting to visit 18.10 as a next main station.
The expected trading range for today is between 17.20 support and 17.70 resistance
The expected trend for today: Bullish
Soybean price rallied upwards strongly to surpass 1400.00 barrier and settles above it, which supports the continuation of the bullish overview for the rest of the day, which its next target located at 1432.20, noting that holding above 1360.00 is important to continue the expected rise.
The expected trading range for today is between 1380.00 support and 1420.00 resistance.
The expected trend for today: Bullish
Corn price continues to rise to trade at the bullish channel’s support line, waiting for more rise to visit 570.40, which represents our next main target, noting that the EMA50 supports the positive overview, which will remain valid conditioned by the price stability above 535.00.
The expected trading range for today is between 550.00 support and 565.00 resistance.
The expected trend for today: Bullish
The NZDUSD pair hovers around 0.7315 since morning, and the price needs to get positive momentum that assists to push the price to resume the expected bullish trend for today, which depends on the price stability above 0.7265, reminding you that we are waiting to visit 0.7400 as a next main station.
The expected trading range for today is between 0.7265 support and 0.7400 resistance
The expected trend for today: Bullish