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No news for corn price – Analysis - 06-10-2021
Corn price continues to fluctuate within the bearish flag pattern, thus, no change to the bearish trend scenario that depends on the price stability below 557.00, reminding you that we need to break the mentioned pattern’s support line at 528.00 to confirm rallying towards our first negative target at 500.00.
The expected trading range for today is between 530.00 support and 545.00 resistance.
The expected trend for today: Bearish
The USDCHF resumes the rise – Analysis - 06-10-2021
The USDCHF pair managed to breach 0.9265 level and hold above it, which supports the continuation of our bullish overview efficiently for the upcoming period, paving the way to head towards our main waited target at 0.9345.
MoreThe USDCHF resumes the rise – Analysis - 06-10-2021
The USDCHF pair managed to breach 0.9265 level and hold above it, which supports the continuation of our bullish overview efficiently for the upcoming period, paving the way to head towards our main waited target at 0.9345.
MoreThe NZDUSD begins negatively – Analysis - 06-10-2021
The NZDUSD pair opens today’s trading with clear negativity after approaching 0.6990 level, to keep the bearish trend scenario valid and active, supported by the negative pressure formed by the EMA50, reminding you that our targets begin at 0.6890 and extend to 0.6805 after breaking the previous level.
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