Wheat price shows more bullish bias to reach the thresholds of the waited target at 623.70$, getting positive support by the EMA50 to reinforce the chances of continuing the rise and breaching the mentioned level to achieve more positive targets, which reach 648.40$ as a next station.
For more: please follow us on Telegram channel.
Sugar price keeps rising to approach 19.40$ level, and it might show some bearish bias affected by stochastic negativity before turning back to rise again, and we will depend on trading inside the bullish channel to suggest more rise in the upcoming sessions.
Soybean price returned to rise to test the key resistance 1052.40$ again, noticing that the EMA50 meets this resistance to add more strength to it, while stochastic loses its positive momentum clearly.
Corn price traded with clear positivity yesterday to support the expectations of continuing the bullish trend, which moves inside the bullish channel that appears on the chart, reminding you that our next main target is located at 528.00$.