Sugar price ended yesterday with clear positivity to approach the key resistance 22.73$, which urges caution from the upcoming trading, as the price needs to consolidate below this level to keep the negative scenario active for the upcoming period, which targets 21.55$ as a first station.

We should note that breaching 22.73$ will stop the expected decline and lead the price to build new bullish wave that its next main target reaches 23.91$.

The expected trading range for today is between 22.00$ support and 22.90$ resistance

Trend forecast: Bearish

Soybean price provided additional negative trades yesterday, showing some bullish bias now to move around 1006.00$, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its next target located at 984.00$.

On the other hand, we should note that continuing the rise and breaching 1028.80$ will stop the expected bearish trend and lead the price to turn to rise.

The expected trading range for today is between 980.00$ support and 1015.00$ resistance.

Trend forecast: Bearish

Corn price shows more bearish bias to approach our new waited target at 405.20$, waiting to get negative motive that support the continuation of the decline on the intraday and short-term basis, noting that breaking the mentioned level will push the towards 397.00$ as a next negative station.

Therefore, the bearish trend scenario will remain valid and active, reminding you that it is important to hold below 416.30$ to achieve the suggested targets.

The expected trading range for today is between 400.00$ support and 415.00$ resistance.

Trend forecast: Bearish

The NZDUSD price traded with clear negativity by today’s open to break 0.6070$ level and attempt to hold below it, but we will depend on the last daily close above this level to keep the positive scenario expected for the upcoming period, and the price needs to trade above the mentioned level to confirm heading towards our expected positive target at 0.6140$.

On the other hand, we should note that consolidating below 0.6070$ will stop the positive scenario and push the price to turn to decline and target 0.6000$ areas mainly.

The expected trading range for today is between 0.6020$ support and 0.6120$ resistance

Trend forecast: Bullish