Wheat price shows sideways trading since morning, settling near 620.00 level, and as long as the price is above 608.50, our bullish overview will remain valid for today, supported by the EMA50, reminding you that we are waiting to visit 625.50 level as a next main target.
The expected trading range for today is between 610.00 support and 625.50 resistance.
The expected trend for today: Bullish
Sugar price shows positive trades now to resume the expected main bullish track for the upcoming period, to keep our bullish overview that targets 15.14 level as a next main station, reminding you that it is important to hold above 13.73 to achieve the waited targets.
The expected trading range for today is between 14.00 support and 14.60 resistance
The expected trend for today: Bullish
Soybean price resumes its positive trades to move away from the minor bullish channel’s support line, thus, the bullish trend will remain dominant in the upcoming sessions, and the way is open to achieve our positive targets that start at 1070.00 and extend to 1096.90, reminding you that it is important to hold above 1039.60 and 1032.00 levels to continue the expected rise.
The expected trading range for today is between 1045.00 support and 1070.00 resistance.
The expected trend for today: Bullish
Corn price shows new positive trades to approach our waited target at 411.00, reinforcing the expectations of achieving more gains for the rest of the day, being aware that it is important to monitor the price when reaching the mentioned level, as breaching it will extend the bullish wave on the short term and medium term basis, while holding against the bullish rally will force the price to start correctional bearish wave for the rise that started from 365.00 areas.
The expected trading range for today is between 400.00 support and 411.00 resistance.
The expected trend for today: Bullish