Wheat price surpasses the first target – Analysis - 24-09-2021

2021-09-24 04:12:49 GMT (Economies.com)
 

Wheat price succeeded to breach 717.00 level and settled above it, which supports the continuation of our bullish overview efficiently for the upcoming period, paving the way to head towards 741.90 that represents our next main target.

 

Therefore, we will continue to suggest the bullish trend that gets good support by the EMA50 conditioned by the price stability above 717.00.

 

The expected trading range for today is between 710.00 support and 735.00 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1292
0.0049
0.4339%
1.3338
-0.0068
0.5042%
Tadawul
11299.45
-68.73
0.60%
23.648
-0.839
3.428%
74.176
-1.674
2.207%
77.55
-4.71
5.73%
1808.835
-9.000
0.495%
 
 
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