Soybean price managed to touch our first waited target at 1402.10 and presses negatively on it, waiting to break this level affected by the double top pattern that appears on the chart to head towards our next negative target at 1360.00.

Therefore, the bearish trend scenario will remain active as long as 1470.00 levels remains intact.

The expected trading range for today is between 1370.00 support and 1430.00 resistance.

The expected trend for today: Bearish

Corn price opens today’s trading with clear negativity to break the main bullish channel’s support line and settles below it, which reinforces the expectations of continuing the bearish trend for the upcoming period, affected by the previous completed double top pattern, waiting to visit 660.70 followed by 646.60 levels as next main targets.

The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 677.50.

The expected trading range for today is between 655.00 support and 675.00 resistance.

The expected trend for today: Bearish

The USDCHF pair tested the support base formed at 0.960 and bounced upwards strongly from there, to resume the bullish track that targets 1.0000 followed by 1.0064 levels mainly.

The EMA50 keeps supporting the price from below, reinforcing the expectations of achieving more gains in the upcoming period, reminding you that it is important to hold above 0.9860 to continue the expected rise.

The expected trading range for today is between 0.9860 support and 1.0020 resistance.

The expected trend for today: Bullish

The NZDUSD pair managed to touch our first waited target at 0.5600 and presses negatively on it now, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, waiting to visit 0.5500 as a next negative target.

Therefore, the bearish trend will remain valid as long as 0.5625 remains intact, as breaching it will push the price to visit 0.5735 areas before any new negative attempt.

The expected trading range for today is between 0.5530 support and 0.5650 resistance

The expected trend for today: Bearish