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

Sugar price shows additional positive trades to surpass the EMA50 and settles above it, reinforcing the expectations of achieving more gains in the upcoming sessions, on its way to visit 12.16 mainly, noting that breaching the mentioned level will extend the bullish wave to reach 12.86, while holding above 11.45 represents key condition to continue the suggested rise.

The expected trading range for today is between 11.45 support and 12.16 resistance

The expected trend for today: Bullish

Soybean price bounced bearishly after testing the broken support line that appears on the chart, to keep the bearish trend scenario dominant for the rest of the day, waiting to test 850.40 level initially, noting that the EMA50 supports the suggested bearish wave, which will remain valid conditioned by the price stability below 871.40.

The expected trading range for today is between 850.00 support and 865.00 resistance.

The expected trend for today: Bearish

Corn Price fluctuates at 326.10 level and still above it until now, which keeps the bullish trend scenario active for the upcoming period, which targets visiting 337.60 level mainly, reminding you that breaking 326.10 and holding below it will put the price under the negative pressure to return to the main bearish track again.

The expected trading range for today is between 320.00 support and 335.00 resistance.

The expected trend for today: Bullish