Copper price started to get the negative momentum by stochastic decline below 50 level, to support the domination of the previously suggested bearish bias and notice its fluctuation below 3.5000 barrier.

We expect to start forming new negative trades to manage to break 3.3000 level followed by waiting to achieve the next main target at 3.1300, which forms 61.8% Fibonacci correction level.

The expected trading range for today is between 3.5000 and 3.3000

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The expected trend for today: Bearish

Wheat price hovers around the EMA50, and shows sideways and tight trades in the previous sessions, to keep the bearish trend scenario valid as it is without any change, which its next targets located at 760.00 followed by 744.40, noting that the continuation of the bearish wave requires holding below 836.60.

The expected trading range for today is between 790.00 support and 825.00 resistance.

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The expected trend for today: Bearish

Sugar price succeeded to touch our first waited target at 17.80 and presses negatively on it, and we expect to surpass this level to open the way to extend the bearish wave towards 17.23.

Moving below the EMA50 supports the expected decline, which will remain valid unless the price rallied to breach 18.13 and hold above it.

The expected trading range for today is between 17.30 support and 18.00 resistance

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The expected trend for today: Bearish

Soybean price resumed its negative trading clearly to surpass our first target at 1402.10 and approaches the second target at 1378.00, reinforcing the expectations of continuing the bearish trend, which its negative targets extend to reach 1360.00 followed by 1318.20.

The EMA50 supports the suggested bearish wave, which will remain valid conditioned by the price stability below 1412.00.

The expected trading range for today is between 1350.00 support and 1410.00 resistance.

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The expected trend for today: Bearish