Wheat price faced strong negative pressure in the previous sessions to break 767.20 and reach 723.10, which consolidates well against the current negative pressure, as the EMA50 meets this level to add more strength to it, while stochastic overlaps positively now.

Therefore, these factors encourage us to suggest the bullish bias for the upcoming period, which targets testing 767.20 areas again, noting that breaking 723.10 will stop the bullish trend and push the price to turn to decline.

The expected trading range for today is between 715.00 support and 760.00 resistance.

The expected trend for today: Bullish

Sugar price traded with clear negativity in the previous sessions to break the bullish channel’s support line and test the key support 24.30, which urges caution from the upcoming trading, as continuing the decline and breaking this support will push the price to turn to decline and achieve negative targets that start by visiting 23.50 areas.

Now, we prefer to stay aside until we get clearer signal for the next trend, through breaking 24.30 support or breaching 24.75 resistance, noting that breaching this resistance will lead the price to resume the main bullish track and achieve gains that start at 25.25 and extend to 26.00.

The expected trading range for today is between 24.00 support and 25.00 resistance

The expected trend for today: Neutral

Soybean price fluctuates at the bullish channel’s support line that appears on the chart, waiting to get positive motive that assists to push the price to resume the positive trades and breach 1430.40 and confirm extending the bullish wave towards our next targets that start at 1450.00 and extend to 1462.00.

The EMA50 continues to support the price from below, to keep our bullish overview conditioned by the price stability above 1385.00.

The expected trading range for today is between 1400.00 support and 1450.00 resistance.

The expected trend for today: Bullish

Corn price rebound bearishly after finding solid resistance at 569.30, and it might test the support base formed at 530.50 before turning back to rise again.

Until now, the bullish trend scenario still suggested for the upcoming period unless breaking 530.50 followed by 509.50 levels and holding below them, reminding you that breaching the mentioned resistance will push the price to 629.10 as a next main station.

The expected trading range for today is between 535.00 support and 570.00 resistance.

The expected trend for today: Bullish