Soybean price shows more bullish bias to reach 1070.00$ level, reinforcing the expectations of continuing the bullish trend, reminding you that our next target is located at 1080.00$.

The positive effect of the inverted head and shoulders’ pattern still active and the supports the suggested positive scenario, noting that breaking 1050.00$ will put the price under intraday negative pressure that targets testing the key support base 1014.50$ before any new attempt to rise.

The expected trading range for today is between 1055.00$ support and 1085.00$ resistance.

Trend forecast: Bullish

Corn price shows new positive trades to approach 500.00$ barrier, reinforcing the expectations of continuing the bullish trend in the upcoming period, reminding you that our next target is located at 516.00$.

The EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 487.30$.

The expected trading range for today is between 488.00$ support and 500.00$ resistance.

Trend forecast: Bullish

The USDCHF price continues to fluctuate at the bullish channel’s support line, while stochastic attempts to gain the positive momentum again, waiting to assist to push the price to resume the bullish trend within the mentioned channel and head to achieve our positive targets at 0.9150 followed by 0.9224.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.9014 and holding with a daily close below it.

The expected trading range for today is between 0.9020 support and 0.9150 resistance.

Trend forecast: Bullish

The NZDUSD price provided new positive trades yesterday to support the expectations of the bullish correction domination in the upcoming sessions, reminding you that the waited target is located at 0.5738$.

The RSI current negativity might hinder the mission to rise and slow down the bullish wave, taking into consideration that breaking 0.5585$ will stop the bullish trend and push the price to return to the main bearish track again.

The expected trading range for today is between 0.5610$ support and 0.5710$ resistance

Trend forecast: Bullish