Wheat price stared to decline after touching 566.00$ areas, to hint heading to resume the main bearish track again, supported by stochastic loss to the positive momentum, waiting to visit 532.10$ initially.

Therefore, the bearish bias will be suggested for today, noting that breaching 557.50$ will stop the expected decline and lead the price to recover again, to head towards testing 578.40$ level mainly.

The expected trading range for today is between 535.00$ support and 560.00$ resistance.

Trend forecast: Bearish

Sugar price returned to decline after testing the resistance line that appears on the chart, motivated by stochastic negativity, waiting for more decline in the upcoming sessions, targeting testing 17.96$ initially, noting that breaking this level will push the price towards 17.35$ direct.

Holding below 18.95$ is important to the continuation of the expected decline, as breaching it will push the price to recover and achieve positive targets that reach 20.27$.

The expected trading range for today is between 18.00$ support and 18.80$ resistance

Trend forecast: Bearish

Soybean price traded with strong negativity yesterday to achieve our second target at 988.00$, noticing that the price begins today with more decline to confirm surpassing this level and open the way to continue the bearish wave on the intraday and short-term basis, targeting visiting the bearish channel’s support line around 958.00$.

Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that breaching 1013.00$ will stop the bearish wave and push the price to start recovery attempts.

The expected trading range for today is between 960.00$ support and 995.00$ resistance.

Trend forecast: Bearish

Corn price traded positively yesterday to test the resistance line that appears on the chart, noticing that stochastic lost its positive momentum and approaches to provide negative overlapping signal now, waiting to motivate the price to resume the expected bearish wave on the intraday and short-term basis, which targets 380.00$ followed by 362.00$ levels as next main stations.

Holding below 398.00$ is important to the continuation of the expected decline, as breaching it will lead the price to start bullish correction on the intraday basis.

The expected trading range for today is between 385.00$ support and 400.00$ resistance.

Trend forecast: Bearish