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Midday update for Wheat price 15-09-2021

Economies.com
2021-09-15 09:22AM UTC

Wheat price keeps its stability above the support base formed above 696.80, to keep the bullish trend valid for today, supported by stochastic and the EMA50 positivity, waiting to head towards 717.00 as a next main target, reminding you that it is important to hold above 696.80 to continue the expected rise.

 

The expected trading range for today is between 690.00 support and 710.00 resistance.

The expected trend for today: Bullish

Midday update for Sugar price 15-09-2021

Economies.com
2021-09-15 09:22AM UTC

Sugar price trades positively now to attempt to breach 19.72 level, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend valid for the upcoming period, supported by stochastic negativity, reminding you that our main waited targets begin at 19.16 and extend to 18.70.

 

The expected trading range for today is between 19.10 support and 19.80 resistance

 

The expected trend for today: Bearish

Midday update for Brent oil 15-09-2021

Economies.com
2021-09-15 09:21AM UTC

Brent oil price crawls upwards to gradually approach our waited positive target at 74.70, expecting to extend the bullish wave on the intraday and short term basis to reach 75.60 as a next main target, reminding you that the continuation of the bullish trend requires holding above 72.75.

 

The expected trading range for today is between 72.50 support and 75.60 resistance.

 

The expected trend for today: Bullish

Midday update for Crude oil 15-09-2021

Economies.com
2021-09-15 09:21AM UTC

Crude oil price attempts to breach 71.05 level now, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting for more rise to head towards 73.30 that represents our net station, noting that the EMA50 continues to support the expected rise, which conditions holding above 69.25.

 

The expected trading range for today is between 69.50 support and 72.50 resistance.

The expected trend for today: Bullish