Sugar price bounced bearishly after testing 26.74 level in the previous sessions, to keep the bearish trend valid for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that our next main target is located at 26.08.

Holding below 26.74 is important to continue the expected decline, as breaching it represents the key to regain the main bullish trend again.

The expected trading range for today is between 26.10 support and 26.74 resistance

The expected trend for today: Bearish

Soybean price ended yesterday with clear positivity to breach 1348.30 and settles above it, which pushes the price back to the bullish track to head towards achieving gains that reach 1385.00 on the intraday basis.

Therefore, the bullish bias will be suggested for today, and breaching 1356.20 will ease the mission to rise, taking into consideration that breaking 1348.30 will stop the positive scenario and push the price to turn to decline.

The expected trading range for today is between 1330.00 support and 1375.00 resistance.

The expected trend for today: Bullish

Corn price continued to decline to touch 470.60 level, starting today with new negativity to support the chances of surpassing this level and open the way to continue the decline on the intraday basis, reminding you that our next target is located at 462.00.

Therefore, the bearish trend scenario will remain active, supported by the negative pressure formed by the EMA50, noting that breaching 476.00 will turn the intraday to rise to head towards testing 481.30 before determining the next trend clearly.

The expected trading range for today is between 465.00 support and 475.00 resistance.

The expected trend for today: Bearish

The USDCHF pair resumed its negative trading to move away from 0.8810, reinforcing the expectations of continuing the bearish trend, and the way is open to achieve our next main target at 0.8710.

The negative effect of the double top pattern still active and supports the continuation of the expected bearish trend scenario, which will remain valid conditioned by the price stability below 0.8810.

The expected trading range for today is between 0.8700 support and 0.8810 resistance.

The expected trend for today: Bearish