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Soybean price approaches the target – Analysis - 04-10-2021
Soybean price shows new negative trades to approach our main waited target at 1225.90, to support the continuation of the bearish trend scenario on the intraday and short term basis, noting that breaking the mentioned level will extend the bearish wave to reach 1195.00 as a next station.
On the other hand, we should note that breaching 1262.00 will stop the current negative pressure and lead the price to achieve intraday gains that target testing 1318.80 areas before any new attempt to decline.
The expected trading range for today is between 1210.00 support and 1255.00 resistance.
The expected trend for today: Bearish
Corn price awaits the break – Analysis - 04-10-2021
Corn price continues to fluctuate inside the bearish flag pattern, waiting to break it support line that rises now to 526.00 to motivate the price to return to the main bearish track, noting that the first target is located at 500.00.
MoreCorn price awaits the break – Analysis - 04-10-2021
Corn price continues to fluctuate inside the bearish flag pattern, waiting to break it support line that rises now to 526.00 to motivate the price to return to the main bearish track, noting that the first target is located at 500.00.
MoreThe USDCHF approaches the target – Analysis - 04-10-2021
The USDCHF pair provided negative trades in the previous sessions to face the EMA50 that forms good support against the price, waiting for more decline to visit 0.9265 that represents the main expected target.
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