Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Sugar price gets negative signals – Analysis - 15-09-2021

Economies.com
2021-09-15 04:18AM UTC

Sugar price kept its stability below 19.72, to keep the bearish trend scenario active until now, supported by the negative signals provided by stochastic and the EMA50, waiting to resume the decline that targets 19.16 followed by 18.70 levels as main stations.

 

On the other hand, we should note that breaching 19.72 and holding above it will stop the suggested negative scenario and lead the price to resume the main bullish trend again.

 

The expected trading range for today is between 19.10 support and 19.80 resistance

 

The expected trend for today: Bearish

No news for Soybean price – Analysis - 15-09-2021

Economies.com
2021-09-15 04:17AM UTC

The tight range continues to dominate Soybean price trades, which keeps our bearish overview valid as it is without any change, which targets 1270.00 followed by 1225.90 levels mainly, reminding you that it is important to hold below 1318.80 to achieve these targets.

 

The expected trading range for today is between 1260.00 support and 1310.00 resistance.

 

The expected trend for today: Bearish

Corn price tests the initial resistance – Analysis - 15-09-2021

Economies.com
2021-09-15 04:17AM UTC

Corn price trades positively to test the intraday bearish channel’s resistance, which represents the first protection factor to the continuation of the recently suggested negative scenario, noticing that stochastic shows big overbought signals, to support the chances of resuming the decline in the upcoming sessions.

 

Therefore, the overall bearish trend scenario will remain valid unless breaching 534.50 and holding above it, reminding you that our expected target is located at 493.40.

 

The expected trading range for today is between 530.00 support and 510.00 resistance.

The expected trend for today: Bearish

The USDCHF under the negative pressure – Analysis - 15-09-2021

Economies.com
2021-09-15 04:16AM UTC

The USDCHF pair traded with clear negativity yesterday to break 0.9200 and settles below it, but we notice that the price attempts to recover now, motivated by stochastic positivity, besides the support provided by the EMA50, which encourages us to suggest the bullish bias for the upcoming period, waiting to head towards 0.9265 as a first main target.

 

Therefore, the bullish trend scenario will remain suggested unless breaking 0.9175 and holding below it.

 

The expected trading range for today is between 0.9160 support and 0.9250 resistance.

 

The expected trend for today: Bullish