Wheat price broke 668.50 level clearly and settled below it, reinforcing the expectations of continuing the domination of the bearish trend, and the way is open to achieve our next target at 630.00.

Therefore, the bearish trend scenario will remain active for the upcoming period, supported by the negative pressure formed by the EMA50, noting that breaching 668.50 will stop the expected decline and lead the price to turn to rise.

The expected trading range for today is between 630.00 support and 660.00 resistance.

The expected trend for today: Bearish

Sugar price bounced upwards strongly to breach 22.75 level and reach 23.50, as it found solid resistance there, accompanied by witnessing clear negative signals through stochastic, waiting to motivate the price to resume the main bearish trend, affected by the double top pattern that appears on the chart, noting that the main waited target is located at 21.80.

On the other hand, we should note that breaching 23.50 will stop the expected decline and lead the price to achieve additional gains that reach 24.30.

The expected trading range for today is between 22.75 support and 23.60 resistance

The expected trend for today: Bearish

Soybean price achieved strong rises in the previous sessions to breach 1311.70 followed by 1348.30 levels, to reach key resistance line at 1385.00 and finds solid barrier there, facing contradiction between the technical factors that makes us prefer to stay aside until we get clearer signal for the next trend, through breaching 1385.00 resistance or breaking 1348.30 support.

Note that breaching the mentioned resistance will push the price to achieve additional gains that reach 1430.40, while breaking the support represents negative factor that will push the price to decline again and head towards testing 1311.70 level initially.

The expected trading range for today is between 1320.00 support and 1400.00 resistance.

The expected trend for today: Neutral

Corn price declined sharply in the previous sessions to surpass our suggested negative target at 500.00 and settles below it, opening the way to continue the decline on the intraday and short term basis, to head towards visiting 467.00 followed by 435.60 areas as next negative targets.

Therefore, we expect to witness more bearish bias in the upcoming sessions, noting that breaching 509.50 followed by 529.50 levels will stop the expected decline and lead the price to start recovery attempts and cover the losses that it suffered recently.

The expected trading range for today is between 460.00 support and 510.00 resistance.

The expected trend for today: Bearish