Wheat price around the moving average – Analysis - 14-01-2020
Economies.com
2020-01-14 05:38AM UTC
Wheat price hovers around the EMA50 now, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the positive trades in the upcoming sessions, reminding you that our first target is represented by breaching 567.6 level to confirm opening the way to head towards 578.2.
In general, we will continue to suggest the bullish trend on the intraday and short term basis unless breaking 555.4 and holding below it.
The expected trading range for today is between 555.0 support and 570.0 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Gold gains ground as dollar dips while traders digest Fed's decisions
2024-05-02 18:30PM UTC
Gold prices rose on Thursday as the dollar fell against most major rivals, while investors digest ...
Commodities
Oil prices try to recover from seven-week lows
2024-05-02 13:05PM UTC
Global oil prices rose in European trade on Thursday for the first time in five sessions away from ...
Commodities
Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Commodities Technical Analysis
Commodities
Platinum price moves slowly – Forecast today – 3-5-2024
2024-05-03 07:02AM UTC
Scenarios Scenario 1: Slow Positive Attempts Despite positive factors, platinum price sees slow ...
Commodities
Copper price under the negative pressure – Forecast today – 3-5-2024
2024-05-03 07:00AM UTC
Scenarios Scenario 1: Continuous Negative Pressure Copper price affected by stochastic exit ...
Commodities
Wheat price is recovering – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Wheat Price Analysis Wheat price bounced clearly upwards after the 597.10$ level formed solid ...