Wheat price traded negatively in the previous sessions to test the EMA50 that formed good support against the price, noticing that the price begins today positively in attempt to resume the correctional bullish trend, waiting to test 605.00 level initially, reminding you that breaching this level will extend the bullish wave to reach 639.30 areas.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 585.00 and holding below it.

The expected trading range for today is between 585.00 support and 605.00 resistance.

The expected trend for today: Bullish

Sugar price rallied upwards strongly in the previous sessions to breach 26.74 and head towards resuming the main bullish trend again, on its way to achieve gains that start by testing the previously recorded top at 27.82.

Therefore, the bullish bias will be suggested in the upcoming sessions, supported by the EMA50, noting that breaking 26.74 will stop he expected rise and put the price under the correctional bearish pressure again.

The expected trading range for today is between 27.00 support and 27.80 resistance

The expected trend for today: Bullish

Soybean price breached 1311.70 strongly to approach our first extended target at 1328.50, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis, reminding you that our next target reaches 1348.30.

Therefore, the positive scenario will remain dominant in the upcoming sessions, supported by the EMA50, noting that it is important to hold above 1311.70 to achieve the suggested targets.

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

The expected trend for today: Bullish

Corn price leaned on the bullish channel’s support line that appears on the chart, starting today positively to move away from this level and heads towards resuming the expected bullish trend on the intraday and short-term basis, and we believe that the way is open to achieve our next main target at 509.50.

Therefore, the positive scenario will remain active, supported by the EMA50, noting that the continuation of the bullish wave requires holding above 496.00.

The expected trading range for today is between 495.00 support and 510.00 resistance.

The expected trend for today: Bullish