Sugar price keeps its stability below 24.30 level, to keep the bearish trend scenario valid and active on the intraday basis, waiting to visit 23.50 as a next main target.

The EMA50 forms minor resistance that supports the continuation of the expected bearish trend, taking into consideration that breaching 24.30 will stop the suggested decline and lead the price to attempt to regain the main bullish trend again.

The expected trading range for today is between 23.60 support and 24.50 resistance

The expected trend for today: Bearish

Soybean price broke 1348.30 level strongly and settled below it, to support the continuation of the expected bearish trend on the intraday basis, and the way is open to visit 1311.70 that represents our next main target.

Stochastic current positivity might push the price to test the key resistance 1348.30 now, reminding you that it is important to hold below this level to continue the suggested bearish trend.

The expected trading range for today is between 1315.00 support and 1360.00 resistance.

The expected trend for today: Bearish

Corn price continues to provide the negative trades to attempt to break 509.50 level now, reinforcing the expectations of continuing the domination of the bearish trend in the upcoming period, reminding you that we are waiting to visit 470.00 followed by 435.60 levels mainly.

The EMA50 forms continuous negative pressure against the price, to support the continuation of the expected bearish trend, reminding you that the consolidation of 509.50 level against the current negative pressure will stop the expected decline and push the price to recover again.

The expected trading range for today is between 490.00 support and 520.00 resistance.

The expected trend for today: Bearish

The USDCHF pair continues the attempts to breach 0.8720 level, and the positive effect of the double bottom pattern still active, waiting to resume the positive trades to achieve our expected correctional targets, which start at 0.8770 followed by 0.8825.

Therefore, our bullish overview will remain valid and active, reminding you that the continuation of the bullish wave requires holding above 0.8655.

The expected trading range for today is between 0.8650 support and 0.8880 resistance.

The expected trend for today: Bullish