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Midday update for Wheat price 20-10-2021

Economies.com
2021-10-20 09:16AM UTC

Wheat price resumes its positive trading to move away from 741.90 level, which supports the continuation of our bullish overview, waiting for more rise to visit 756.00 followed by 766.50 levels that represent our next main targets, reminding you that it is important to hold above 741.90 to continue the suggested bullish wave.

 

The expected trading range for today is between 740.00 support and 755.00 resistance.

The expected trend for today: Bullish

Midday update for Wheat price 20-10-2021

Economies.com
2021-10-20 09:16AM UTC

Wheat price resumes its positive trading to move away from 741.90 level, which supports the continuation of our bullish overview, waiting for more rise to visit 756.00 followed by 766.50 levels that represent our next main targets, reminding you that it is important to hold above 741.90 to continue the suggested bullish wave.

 

The expected trading range for today is between 740.00 support and 755.00 resistance.

The expected trend for today: Bullish

Midday update for Soybean price 20-10-2021

Economies.com
2021-10-20 09:15AM UTC

Soybean price attempts to breach the bearish trend line, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, which depends on the price stability above 1225.90, motivated by the positive signal provided by stochastic now, reminding you that our next main target is located at 1270.00.

 

The expected trading range for today is between 1225.00 support and 1250.00 resistance.

 

The expected trend for today: Bullish

Midday update for Brent oil 20-10-2021

Economies.com
2021-10-20 09:15AM UTC

Brent oil price declines gradually and moves below 84.00 barrier, waiting for more decline to visit 83.00 followed by 81.40 levels that represent our main targets, noting that stochastic continues to provide the negative signals that reinforce the expectations of continuing the decline, which will remain valid unless breaching 85.15 and holding above it.

 

The expected trading range for today is between 82.50 support and 85.15 resistance.

 

The expected trend for today: Bearish