Copper price formed new bullish wave to surpass 4.0500 level and confirm its preparation to resume the previously suggested bullish attack, also, the major indicators provide the positive momentum, to ease the mission of reaching the additional targets that might start at 4.1600 and 4.3000 that forms 23.6% Fibonacci correction level.

The expected trading range for today is between 3.9500 and 4.1600

The expected trend for today: Bullish

Wheat price succeeded to achieve our main waited target at 723.70 and settles near it, moving within bearish channel that supports the chances of surpassing the mentioned level to head towards achieving additional negative targets that reach 704.50.

Therefore, we will continue to suggest the bearish trend for the upcoming period supported by the negative pressure formed by the EMA50, noting that breaching 746.70 will stop the expected decline and lead the price to start recovery attempts on the intraday basis.

The expected trading range for today is between 710.00 support and 745.00 resistance.

The expected trend for today: Bearish

Sugar price traded with clear positivity yesterday to breach 18.40 and test the key resistance 18.70, noticing that the price kept its stability below the last level, which encourages us to suggest the bearish rebound to resume the bearish trend and achieve negative targets that start at 18.40 followed by 18.00.

Therefore, the bearish bias will be expected for today unless breaching 18.70 and holding above it.

The expected trading range for today is between 18.10 support and 19.00 resistance

The expected trend for today: Bearish

Soybean price tested the previously broken support of the bullish channel and kept its stability below it, to keep the bearish trend scenario valid and active, waiting to break 1470.00 to confirm rallying towards 1440.00 followed by 1402.10.

On the other hand, we should note that breaching 1491.00 and holding above it will stop the negative scenario and lead the price to return to the bullish track again.

The expected trading range for today is between 1455.00 support and 1510.00 resistance.

The expected trend for today: Bearish