Wheat price provided clear positive trades yesterday but it returns to test 701.00, noticing that the price begins today with new rise to move away from the mentioned level, to keep the bullish trend scenario active on the intraday and short term basis, supported by the EMA50, reminding you that our next main target is located at 726.80.

On the other hand, we should note that breaking 701.00 will stop the expected rise and press on the price to decline towards 680.20 initially.

The expected trading range for today is between 695.00 support and 720.00 resistance.

The expected trend for today: Bullish

Sugar price returned to hold above 17.40, to reactivate the bullish trend scenario on the intraday and short term basis, waiting to head towards 18.20 as a next main target.

Stochastic provides positive signals that support the chances of heading towards the mentioned target, noting that holding above 17.40 is important to continue the expected rise.

The expected trading range for today is between 17.25 support and 17.90 resistance

The expected trend for today: Bullish

Soybean price continues to fluctuate at the bullish trend line, getting continuous positive support by the EMA50, waiting to resume the bullish trend to achieve our positive targets at 1413.00 followed by 1433.70.

Holding above 1370.00 is important to continue the expected rise, as breaking it will press on the price to turn to decline and head towards 1318.80 again.

The expected trading range for today is between 1370.00 support and 1430.00 resistance.

The expected trend for today: Bullish

Corn price managed to touch our first target at 571.50 and attempts to breach it, which supports the expectations of extending the correctional bullish wave, as our next target is located at 584.10.

The EMA50 supports the expected rise, which will remain valid unless breaking 559.00 and holding below it.

The expected trading range for today is between 560.00 support and 584.00 resistance.

The expected trend for today: Bullish