Midday update for Wheat price 14-02-2020

2020-02-14 11:10:44 GMT (Economies.com)
 

Wheat price fluctuates within tight track since morning around 545.00 level, while stochastic begins to lose the positive momentum gradually, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its targets begin at 536.80 and extend to 530.00 followed by 520.30, while holding below 557.30 represents key condition to continue the expected decline.

 

The expected trading range for today is between 536.80 support and 550.00 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1039
0.0224
2.0684%
1.2819
-0.0129
0.9986%
Tadawul
7628.34
-82.78
1.07%
16.640
-1.853
10.020%
45.200
-8.133
15.249%
50.52
-1.66
3.18%
1584.800
-58.845
3.580%
 
 
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