Wheat price rallied upwards strongly yesterday to surpass 605.00 level and settles above it, to confirm extending the correctional bullish wave and head to visit 639.30 as a next main target.

On the other hand, we notice that the price completed forming double bottom pattern that appears on the chart, which supports the continuation of the expected bullish trend, which gets continuous support by the EMA50, noting that holding above 605.00 and 595.00 is important to achieve the waited targets.

The expected trading range for today is between 605.00 support and 625.00 resistance.

The expected trend for today: Bullish

Sugar price tested 26.74 level and kept its stability above it, to keep the bullish trend scenario valid on the intraday basis, supported by stochastic reach to the oversold areas, waiting to head towards 27.82 that represents our next main target.

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 26.74 and holding below it.

The expected trading range for today is between 26.70 support and 27.80 resistance

The expected trend for today: Bullish

Soybean price leaned on 1311.70 and bounced upwards again, to keep the bullish trend active for the upcoming period, supported by the EMA50, waiting to visit 1348.30 as a next main target.

Holding above 1311.70 is important to continue the bullish trend, as breaking it represents negative factor that will push the price to turn to decline.

The expected trading range for today is between 1310.00 support and 1348.00 resistance.

The expected trend for today: Bullish

Corn price rallied upwards strongly yesterday to succeed achieving our waited target at 509.50, noticing that the price surpassed this level and closed the daily candlestick above it, which supports the chances of continuing the bullish trend and achieve additional gains that reach 517.50 followed by 526.00.

Therefore, the bullish wave will remain valid and active, noting that breaking 509.50 will stop the expected rise and push the price to turn to decline.

The expected trading range for today is between 505.00 support and 520.00 resistance.

The expected trend for today: Bullish