Midday update for Wheat price 13-05-2022

2022-05-13 09:17:08 GMT (Economies.com)
 

Wheat price shows clear bearish rebound after finding solid resistance at 1200.00, to head towards potential turn to the trend for the rest of the day, on its way to test 1114.00 areas mainly.

 

Therefore, the bearish bias will be expected for the upcoming sessions supported by stochastic negativity, unless the price rallied to breach 1200.00 and hold above it.

 

The expected trading range for today is between 1160.00 support and 1200.00 resistance.

Open Live Trading Account

The expected trend for today: Bearish for the rest of the day

 
 
 
  Symbol Last Change Chg.%
1.0424
-0.0120
1.1423%
1.2224
-0.0126
1.0174%
21.137
-0.987
4.461%
110.150
2.993
2.793%
110.62
-0.63
0.57%
1800.150
-68.710
3.677%
 
 
Live Forex Updates