Copper price resumed providing slow negative trading, due to the contradiction between the main indicators against the stability of the price above the critical support at 3.6000, note that the stability of the trading below the moving average 55 at 3.8500 will increase the chances for renewing the negative attempts, to keep waiting for targeting the correctional stations, which are represented by 3.7000 level reaching the mentioned critical support.

The expected trading range for today is between 3.8000 and 3.7000

The expected trend for today: Bearish

Wheat price traded with strong negativity to break 723.10 level and settles below 700.00$ barrier, which supports the continuation of the domination of the expected bearish trend on the intraday and short term basis, and the way is open to head towards our next negative target at 668.50.

Moving below the EMA50 supports the continuation of the suggested bearish wave, which will remain valid unless breaching 723.10 and holding with a daily close above it.

The expected trading range for today is between 675.00 support and 705.00 resistance.

The expected trend for today: Bearish

Sugar price surpassed 23.50 level to reach the waited target at 22.75, and we expect facing more negative pressure to break the last level and open the way to head towards 21.80 as a next negative station.

Therefore, the bearish trend will remain dominant in the upcoming sessions conditioned by the price stability below 23.50.

The expected trading range for today is between 22.60 support and 23.40 resistance

The expected trend for today: Bearish

Soybean price managed to break 1311.70 level and close the daily candlestick below it, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, and the way is open to head towards our next target at 1266.30.

On the other hand, we notice that the price completed forming negative pattern that has negative targets that surpass the above mentioned level to reach 1230.00 areas, to keep our bearish overview conditioned by the price stability below 1311.70.

The expected trading range for today is between 1260.00 support and 1310.00 resistance.

The expected trend for today: Bearish