Midday update for Wheat price 22-05-2020

2020-05-22 09:05:15 GMT (Economies.com)
 

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

 
 
 
  Symbol Last Change Chg.%
1.2106
0.0109
0.9106%
1.3365
-0.0005
0.0396%
Tadawul
8694.13
-17.99
0.21%
24.045
1.798
8.084%
45.185
-0.145
0.320%
48.11
0.70
1.48%
1830.015
53.835
3.031%
 
 
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