Midday update for Wheat price 04-05-2021

2021-05-04 08:38:14 GMT (Economies.com)
 

Wheat price trades positively now to test the key resistance 726.80, affected by stochastic positivity, which urges caution from the upcoming trading, as breaching this level represents the key to achieve new gains and stop the morning suggested negative scenario, to head towards achieving positive targets that start at 750.00, while the price needs to break 716.00 to confirm the continuation of the bearish trend that targets testing 700.00 level initially.

 

The expected trading range for today is between 700.00 support and 730.00 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.2081
-0.0092
0.7566%
1.4033
-0.0103
0.7269%
Tadawul
10322.68
86.96
0.85%
26.925
-0.879
3.163%
64.479
-0.913
1.396%
67.88
-1.45
2.09%
1816.325
-27.900
1.513%
 
 
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