Soybean price rallied upwards to surpass the recently recorded top at 1573.30 and settles above it, which supports the continuation of our bullish overview efficiently for the upcoming period, paving the way to head towards our next main target at 1600.00.

The EMA50 keeps supporting the suggested bullish wave, which will remain valid conditioned by the price stability above 1545.00.

The expected trading range for today is between 1560.00 support and 1600.00 resistance.

The expected trend for today: Bullish

Corn price kept its stability above the bullish channel’s support line, to keep the bullish trend scenario valid and active for the upcoming period, which targets 730.00 as a next main station.

The EMA50 keeps supporting the suggested bullish wave, which will remain valid conditioned by the price stability above 700.00 and 690.00 levels.

The expected trading range for today is between 690.00 support and 720.00 resistance.

The expected trend for today: Bullish

The USDCHF pair’s recent trades are confined within rising wedge pattern that its signs appear on the chart, thus, the price needs to break 0.9015 to get negative motive that supports the expectations of continuing the main bearish trend, which its next target located at 0.8900.

Therefore, we will keep our bearish overview unless breaching 0.9100 and holding above it.

The expected trading range for today is between 0.8970 support and 0.9080 resistance.

The expected trend for today: Bearish

The NZDUSD pair fluctuates within sideways and tight track, settling around 0.7260, while the EMA50 continues to support the price from below, to keep the bullish trend active on the intraday and short term basis, reminding you that our next target extends to 0.7400, while achieving it requires holding above 0.7185.

The expected trading range for today is between 0.7220 support and 0.7320 resistance

The expected trend for today: Bullish