Sugar price trades negatively to press on the bullish trend line, and as we mentioned in our recent reports, the price needs to hold above this support at 14.35 to keep the bullish trend scenario active for the upcoming period, which targets 15.14 as a next positive station, noting that confirming breaking the mentioned support will press on the price to visit 13.73 before any new positive attempt.

The expected trading range for today is between 14.40 support and 15.00 resistance

The expected trend for today: Bullish

Previous Analysis

Next Analysis

Main

Forex

Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0198	-0.0050	0.4923%
Midday update for the EURUSD 08-08-2022
	GBP/USD	1.2101	-0.0149	1.2159%

	Silver	20.256	-0.040	0.200%

	Oil	87.496	-6.168	6.585%
Midday update for Crude oil 08-08-2022
	Brent Oil	93.89	-1.44	1.51%

	Gold	1782.470	12.170	0.688%
Midday update for Gold 08-08-2022

Live Forex Updates

Canada's unemployment rate settles at record lows

2022-08-05 12:41:45 GMT

Canada's economy loses jobs for second straight month

2022-08-05 12:40:05 GMT

US economy adds more jobs than expected in July

2022-08-05 12:38:30 GMT

US unemployment falls to two-year low

2022-08-05 12:34:41 GMT

Risk Disclaimer: Economies.com is a financial portal that provides news and analysis about the different financial markets. The articles that we serve on the portal depend solely on the opinion and analysis of our economists which in no way are intended to incite a visitor of the website or an investor to trade or sell/buy a certain instrument. It is the responsibility of the visitor / trader only to evaluate his trading strategies and whether he is capable of trading with taking into consideration that losing all the capital invested is a possibility. The visitor should seek an independent professional financial advisor to discuss his or her trading strategies. Moreover, the provided rates for the different instruments are indicative only and cannot be used for trading purposes. Therefore, no responsibility can be imposed on Economies.com and the company operating the portal for any loss of money that may occur to the visitor by using the website.