Sugar price rallied upwards strongly in the previous sessions to breach 26.74 and head towards resuming the main bullish trend again, on its way to achieve gains that start by testing the previously recorded top at 27.82.

Therefore, the bullish bias will be suggested in the upcoming sessions, supported by the EMA50, noting that breaking 26.74 will stop he expected rise and put the price under the correctional bearish pressure again.

The expected trading range for today is between 27.00 support and 27.80 resistance

The expected trend for today: Bullish

Soybean price breached 1311.70 strongly to approach our first extended target at 1328.50, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis, reminding you that our next target reaches 1348.30.

Therefore, the positive scenario will remain dominant in the upcoming sessions, supported by the EMA50, noting that it is important to hold above 1311.70 to achieve the suggested targets.

The expected trading range for today is between 1310.00 support and 1348.00 resistance.

The expected trend for today: Bullish

Corn price leaned on the bullish channel’s support line that appears on the chart, starting today positively to move away from this level and heads towards resuming the expected bullish trend on the intraday and short-term basis, and we believe that the way is open to achieve our next main target at 509.50.

Therefore, the positive scenario will remain active, supported by the EMA50, noting that the continuation of the bullish wave requires holding above 496.00.

The expected trading range for today is between 495.00 support and 510.00 resistance.

The expected trend for today: Bullish

The USDCHF pair provided temporary positive trades yesterday, and returns to decline to approach our waited target at 0.8968, noting that we suggest breaking this level to achieve additional negative targets that reach 0.8890.

The EMA50 continues to support the suggested bearish wave, which will remain valid unless the price rallied to breach 0.9066 and hold above it.

The expected trading range for today is between 0.8930 support and 0.9066 resistance.

The expected trend for today: Bearish