Wheat price shows new negative trades to move away from 723.10 level, reinforcing the expectations of continuing the bearish bias in the upcoming sessions, waiting to head towards 700.00 followed by 668.50 levels that represent our next main targets.

Note that breaking 700.00 will complete forming negative pattern that has negative targets that surpass 668.50 to reach 620.00 areas, while holding below 723.10 represents key condition to continue the expected decline.

The expected trading range for today is between 680.00 support and 710.00 resistance.

The expected trend for today: Bearish

Sugar price faced negative pressure in the previous sessions to break 24.30 level and end last Friday below it, to stop the positive scenario and head towards turning to decline again, on its way to visit 23.50 initially, noting that breaking this level will push the price to 22.75 as a next negative station.

Moving below the EMA50 supports the continuation of the expected decline, which will remain valid as long as 24.30 level remains intact.

The expected trading range for today is between 23.40 support and 24.30 resistance

The expected trend for today: Bearish

Soybean price opened today’s trading with strong negativity to break 1385.00 level and reach the thresholds of 1348.30, to stop the correctional bullish scenario and head towards resuming the main bearish trend again, noting that breaking the last level will push the price to 1311.70 as a next main station.

Therefore, we expect to witness more decline in the upcoming sessions unless the price rallied to breach 1385.00 and hold above it again.

The expected trading range for today is between 1330.00 support and 1380.00 resistance.

The expected trend for today: Bearish

Corn price shows more bearish bias to reach the key support 509.50, and we suggest surpassing this level and continue the decline to target 470.00 followed by 435.60 levels as main negative stations.

Therefore, the bearish bias will be expected in the upcoming sessions, supported by the negative pressure formed by the EMA50, noting that failing to break the above-mentioned support line will push the price to start new recovery attempts and head to test 569.30 level initially.

The expected trading range for today is between 495.00 support and 520.00 resistance.

The expected trend for today: Bearish