Wheat price faced temporary negative pressure in the previous sessions but it returns to rise again, approaching the waited positive target at 767.20, to keep the bullish trend active, noting that breaching the mentioned level will extend the bullish wave to reach 811.30 aeras as a next main station.

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 723.10 and holding below it.

The expected trading range for today is between 745.00 support and 767.00 resistance.

The expected trend for today: Bullish

Sugar price declined strongly to succeed achieving our first waited target at 24.30, and we expect to surpass this level to open the way to achieve more bearish correction in the upcoming period and head towards 23.50 as a next negative target.

Therefore, the bearish trend scenario will remain suggested on the intraday and short term basis, noting that failing to break 24.30 will lead the price to attempt to recover and head to test 25.25 initially.

The expected trading range for today is between 23.80 support and 24.70 resistance

The expected trend for today: Bearish

Soybean price managed to touch the first negative target at 1311.70 and settles there, and we suggest breaking this level to open the way to achieve additional negative targets that reach 1266.30.

Moving below the EMA50 supports the continuation of the expected decline, while breaching 1326.00 will provide initial positive signals to the attempt to recover and build bullish wave that targets testing 1348.30 level initially.

The expected trading range for today is between 1290.00 support and 1330.00 resistance.

The expected trend for today: Bearish

Corn price succeeded to achieve our waited negative target at 589.20, starting today with additional strong decline to reach the next key support level at 574.30, to hint heading to continue the decline in the upcoming sessions, on its way to achieve additional negative targets that reach 555.90.

Therefore, we expect to witness more bearish bias on the intraday and short term basis, noting that breaching 589.20 will stop the negative scenario and lead the price to attempt to recover and achieve some intraday gains.

The expected trading range for today is between 565.00 support and 590.00 resistance.

The expected trend for today: Bearish