Wheat price opened today with clear negativity to break 723.10 and settles below it, which stops the recently suggested positive scenario and head to decline in the upcoming sessions, on its way to visit 700.00 followed by 668.50 levels as next main stations.

Therefore, the bearish bias will be expected for today, supported by moving below the EMA50, conditioned by the price stability below 723.10.

The expected trading range for today is between 690.00 support and 725.00 resistance.

The expected trend for today: Bearish

Sugar price ended yesterday positively after attempting to break 24.30 level, to hint heading to resume the main bullish trend, on its way to achieve positive targets that start at 25.25.

Therefore, the bullish bias will be suggested for today, supported by stochastic positivity, besides the EMA50 that carries the price from below, noting that breaking 24.30 will stop the expected rise and push the price to turn to decline.

The expected trading range for today is between 24.10 support and 25.00 resistance

The expected trend for today: Bullish

Soybean price faced strong negative pressure yesterday, to break the bullish channel’s support line and reach the key support 1385.00, noticing that the price begins to rebound bullishly from there, supported by stochastic positivity, which supports the chances of resuming the expected bullish trend for the upcoming period, which its targets begin by testing 1430.40 level.

Breaching 1402.50 will ease the mission of achieving the waited rise, while breaking 1385.00 represents negative factor that will push the price to turn to decline.

The expected trading range for today is between 1385.00 support and 1430.00 resistance.

The expected trend for today: Bullish

Corn price continues to provide negative trades to press on the minor support 530.50, affected by stochastic negativity, which hints heading for potential turn to decline, which makes us stay aside until we get clearer signal for the next trend.

Note that the continuation of the decline and breaking 509.50 will push the price to return to the bearish track and achieve negative targets that start at 470.00 and extend to 435.60, while breaching 569.30 resistance represents the key to resume the main bullish trend and head towards 629.10 as a main positive station.

The expected trading range for today is between 520.00 support and 550.00 resistance.

The expected trend for today: Neutral