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Wheat price crawls upwards – Forecast today - 12-09-2024
Wheat price shows calm bullish bias, and continues to move inside the bullish channel that appears on the chart, waiting for more rise to test 599.00$ as a next main target.
Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50 that carries the price from below, reminding you that it is important to hold above 568.50$ to achieve the waited targets.
The expected trading range for today is between 570.00$ support and 590.00$ resistance.
Trend forecast: Bullish
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Sugar price attempts positively – Forecast today - 12-09-2024
Sugar price traded positively yesterday to approach testing the key resistance 19.23$, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its next target located at 18.43$.
MoreSoybean price within tight range – Forecast today - 12-09-2024
Soybean price fluctuates within tight range since yesterday, and continues to move inside the intraday bearish channel, waiting to resume the bearish trend that targets 990.00$ followed by 960.30$ levels as next main stations.
MoreCorn price keeps its positive stability – Forecast today - 12-09-2024
Corn price tested 405.20$ level again and kept its stability above it, to start providing new positive trades, waiting for more rise to visit 416.30$ that represents our next main target.
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