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Sugar price resumes the bullish rally – Analysis - 13-09-2023
Sugar price ended yesterday with strong positivity, to breach 26.80 and close the daily candlestick above it, reinforcing the expectations of continuing the domination of the bullish trend on the intraday and short-term basis, on its way to visit 27.50 that represents our next target, noting that breaching it will push the price to 28.00 as a next positive station.
The EMA50 continues to support the expected bullish wave, which will remain valid unless breaking 26.20 and holding below it.
The expected trading range for today is between 26.60 support and 27.50 resistance
The expected trend for today: Bullish
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Soybean price hits the target – Analysis - 13-09-2023
Soybean price managed to achieve our waited target at 1348.30 and settles near it, and we suggest surpassing this level to achieve additional negative targets that extend to reach 1311.70 areas on the near-term basis.
MoreCorn price completes the negative pattern – Analysis - 13-09-2023
Corn price begins to break the symmetrical triangle’s support line that appears on the chart, reinforcing the expectations to continue the bearish trend in the upcoming sessions, paving the way to head towards our main expected target at 435.60.
MoreThe USDCHF needs more positive momentum – Analysis - 13-09-2023
The USDCHF pair continues to move within the sideways range that appears on the chart, waiting to get positive motive that assist to push the price to resume the expected bullish trend on the intraday and short-term basis, reminding you that our next target is located at 0.8995.
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