Wheat price traded with strong positivity after leaning on the intraday bullish trend lien that appears on the chart, to head towards achieving bullish correction for the decline that started from 784.20 areas, on its way to test 605.00 initially.

Therefore, we expect to witness more bullish bias in the upcoming sessions, noting that breaking 577.40 wills top the expected rise and push the price to decline again.

The expected trading range for today is between 575.00 support and 605.00 resistance.

The expected trend for today: Bullish

Sugar price settles near 26.08 level, falling under the negative pressure formed by the EMA50, to support the chances of breaking the mentioned level and open the way to head towards 25.54 as a next main target.

Therefore, we will continue to suggest the bearish trend on the intraday basis, noting that breaching 26.74 will stop the expected decline and lead the price to resume the main bullish trend again.

The expected trading range for today is between 25.70 support and 26.60 resistance

The expected trend for today: Bearish

Soybean price traded with strong positivity yesterday, as it breached the bearish channel’s resistance to reach 1311.70, which leads the price to achieve expected gains in the upcoming sessions, noting that breaching the mentioned level will push the price to 1328.50 followed by 1348.30 levels as next positive targets.

Therefore, the bullish bias will be suggested for today, taking into consideration that failing to breach 1311.70 will push the price to decline again and head towards 1266.30 mainly.

The expected trading range for today is between 1280.00 support and 1335.00 resistance.

The expected trend for today: Bullish

Corn price rallied upwards strongly to succeed achieving our first positive target at 502.50, waiting for more rise to achieve the second target at 509.50, supported by the EMA50 that continues to carry the price from below, organized inside the bullish channel that appears on the chart.

Holding above 492.60 is important to continue the bullish trend, as breaking it represents the key to turn to decline and head to test 480.00 areas initially.

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

The expected trend for today: Bullish