Midday update for Wheat price 30-06-2020

2020-06-30 09:32:20 GMT (Economies.com)
 

Wheat price faces negative pressure to break 483.20 level and moves below it again, in attempt to return to the main bearish track after the strong rally that it witnessed yesterday, noting that we are waiting the daily candlestick close according to the mentioned level to confirm the next destination clearly.

 

Therefore, we will continue with our neutrality until now, noting that the expected targets for the upcoming period are explained in our morning report.

 

The expected trading range for today is between 475.00 support and 490.00 resistance.

The expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.1246
-0.0031
0.2718%
1.2486
0.0178
1.4462%
Tadawul
7312.24
58.91
0.81%
18.047
0.268
1.507%
40.285
1.510
3.894%
42.80
-0.34
0.79%
1774.730
3.115
0.176%
 
 
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