Wheat price trades with clear negativity to approach our waited target at 503.70, to keep the bearish trend active for today, noting that breaking the mentioned level will extend the bearish wave to reach 483.20 on the near term basis, while the expected decline will remain valid unless the price rallied to breach 520.30 and hold above it.

The expected trading range for today is between 500.00 support and 525.00 resistance.

The expected trend for today: Bearish

Sugar price shows more decline to approach retesting the breached neckline of the inverted head and shoulders’ pattern, noting that the EMA50 forms positive support to the price, waiting to push the price to resume the correctional bullish trend that targets 11.45 as a next station, noting that breaking 10.60 and holding below it will stop the positive scenario and press on the price to resume the main bearish trend.

The expected trading range for today is between 10.60 support and 11.45 resistance

The expected trend for today: Bullish

Soybean price resumes its negative trades to move away from the broken support that appears on the chart, which reinforce the expectations of achieving more decline for the rest of the day, waiting to visit 816.30 that represents our next main station, reminding you that holding below 848.00 is important to continue the suggested bearish wave.

The expected trading range for today is between 825.00 support and 845.00 resistance.

The expected trend for today: Bearish

Corn Price attempts to break the bullish channel’s support line now, to support the expectations of continuing the bearish trend for the upcoming period, supported by moving below the EMA50, paving the way to head towards 307.60 that represents our first main target, reminding you that it is important to hold below 326.10 to continue the expected decline.

The expected trading range for today is between 310.00 support and 326.10 resistance.

The expected trend for today: Bearish