Wheat price breached 696.80 level strongly yesterday and heads towards testing 717.00 now, to turn to rise on the intraday basis, being aware that we need to monitor the price at the targeted level, as breaching it will lead the price to achieve more gains that reach 741.90.

Therefore, we expect to witness more bullish bias in the upcoming sessions unless breaking 696.80 and holding below it.

The expected trading range for today is between 700.00 support and 720.00 resistance.

The expected trend for today: Bullish

Sugar price breached 19.72 and settled above it, to stop the recently suggested negative scenario and lead the price to resume the main bullish trend, waiting to visit 20.60 initially.

Therefore, the bullish bias will be suggested for the upcoming sessions unless breaking 19.72 and hold above it again.

The expected trading range for today is between 19.70 support and 20.50 resistance

The expected trend for today: Bullish

Corn price returns to test the bearish channel’s resistance, and as long as the price is below 534.00, our bearish overview will remain valid for the upcoming period, supported by stochastic negativity, noting that we are waiting to visit 504.00 followed by 480.00 levels as next main targets.

The expected trading range for today is between 504.00 support and 530.00 resistance.

The expected trend for today: Bearish

The USDCHF pair traded with clear positivity yesterday to breach 0.9265 and attempts to hold above it now, to reactivate the bullish trend scenario that targets 0.9345 as a first station, supported by the EMA50 that carries the price from below.

Therefore, we expect to witness more bullish bias on the intraday basis conditioned by the price stability above 0.9265.

The expected trading range for today is between 0.9220 support and 0.9320 resistance.

The expected trend for today: Bullish