Wheat price shows more bullish bias to approach our new waited target at 767.20, getting continuous support by the EMA50 to expected the continuation of the bullish trend in the upcoming sessions, in addition to stochastic head towards the oversold areas and the attempt to provide the positive momentum.

Therefore, the bullish trend scenario will remain valid and active, noting that breaking 723.10 will stop the suggested bullish wave and push the price to turn to decline.

The expected trading range for today is between 735.00 support and 767.00 resistance.

The expected trend for today: Bullish

Sugar price traded with clear negativity yesterday to break 25.25 and close the daily candlestick below it, which stops the recently suggested positive scenario and push the price to return to the correctional bearish track again, on its way to visit 24.30 initially.

Therefore, we are waiting for more expected decline in the upcoming period, supported by moving below the EMA50, noting that breaching 25.25 will stop the current negative pressure and lead the price to attempt to recover again.

The expected trading range for today is between 24.50 support and 25.30 resistance

The expected trend for today: Bearish

Soybean price bounced downwards strongly to break 1348.30 and settles below it, to confirm stopping the bullish correction and return to the main bearish track again, on its way to achieve negative targets that start at 1311.70 and extend to 1266.30 after breaking the previous level.

Therefore, we expect to witness more decline in the upcoming sessions, noting that breaching 1348.30 will lead the price to start new recovery attempts and head to test 1385.00 initially.

The expected trading range for today is between 1300.00 support and 1350.00 resistance.

The expected trend for today: Bearish

Corn price couldn’t manage to hold for long time above 622.40 level, to trade with clear negativity and head towards potential return to the main bearish track, approaching the key support 604.00 now, noting that breaking this level will confirm the continuation of the bearish bias and head towards 589.20 areas as a next main station.

Therefore, the bearish bias will be expected in the upcoming sessions unless the price rallied to breach 622.40 and hold above it.

The expected trading range for today is between 595.00 support and 620.00 resistance.

The expected trend for today: Bearish