Copper price kept its consolidation above the moving average 55 to push it to form strong bullish wave and regain the bullish bias by achieving 4.1000 level, while the frequent stability within the bullish channel allows us to suggest more positivity to target 4.2200 initially, followed by attempting to reach 23.6% Fibonacci correction level at 4.3000.

On the other hand, renewing the negativity requires declining below 3.9200 level and get negative closings to confirm moving to the bearish track and start targeting many negative stations that start at 3.8500.

The expected trading range for today is between 4.0500 and 4.2200

The expected trend for today: Bullish

Wheat price fluctuates within sideways track since yesterday, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend on the intraday and short term basis, which its targets begin at 700.00 and extend to 675.00 after breaking the previous level.

The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 723.00.

The expected trading range for today is between 695.00 support and 718.00 resistance.

The expected trend for today: Bearish

Sugar price bounced downwards clearly after testing the resistance line that appears on the chart, motivated by stochastic negativity, which supports the continuation of the expected bearish trend on the intraday basis, waiting to visit 19.55 level initially.

Note that breaking the mentioned level will push the price to achieve more decline that its next target reaches 18.40, taking into consideration that the continuation of the bearish wave depends on the price stability below 20.35.

The expected trading range for today is between 19.40 support and 20.35 resistance

The expected trend for today: Bearish

Soybean price decline strongly to reach the thresholds of the second waited target at 1470.00, showing some slight bullish bias affected by stochastic positivity, and it might test the resistance line formed at 1500.00 before resuming the negative trades again.

We suggest witnessing more bearish bias in the upcoming sessions, and breaking 1470.00 will push the price to 1430.00 as a next negative target, while breaching 1500.00 will lead the price to achieve additional rise and test 1537.60 before any new attempt to decline.

The expected trading range for today is between 1465.00 support and 1500.00 resistance.

The expected trend for today: Bearish