Copper price continued to provide the negative trades to settle near the first negative target at 3.7000, confirming its affection by the frequent negative pressures, as the MA55 continues to form the additional barrier by settling near 3.8500, in addition to stochastic reach to the oversold areas, allowing us to suggest more negative attempts, waiting to attack the key support 3.6000 followed by monitoring the price behavior to manage to detect the next trend.

Note that breaking the targeted support and holding below it will confirm moving to the next negative level, forcing it to suffer more losses, to expect moving towards 50% Fibonacci at 3.4900 initially.

The expected trading range for today is between 3.7650 and 3.6000

The expected trend for today: Bearish

Wheat price continued to decline to touch our main waited target at 668.50 and settles there, and we suggest the continuation of the bearish bias to surpass this level and open the way to continue the decline on the intraday and short term basis, to head towards visiting 630.00 areas as a next main target.

On the other hand, we should note that failing to break 668.50 will push the price to build bullish wave that its targets begin by testing 703.50 followed by 723.10 areas.

The expected trading range for today is between 645.00 support and 690.00 resistance.

The expected trend for today: Bearish

Sugar price managed to break 22.75 level and closed the daily candlestick below it, to support the expectations of continuing the bearish trend and head towards achieving more expected decline in the upcoming period, targeting visiting 21.80 level mainly.

Therefore, our bearish overview will remain valid and active, noting that breaching 22.75 will push the price to start recovery attempts that target testing 23.50 before any new negative attempt.

The expected trading range for today is between 22.00 support and 22.80 resistance

The expected trend for today: Bearish

Soybean price succeeded to achieve our waited target at 1266.30 and found solid support there, to show some slight bullish bias, noticing that the price moves within bearish channel that supports the chances of surpassing the mentioned level and open the way to achieve additional negative target that reach 1230.00.

Therefore, we will continue to suggest the bearish trend for the upcoming period, affected by the double top pattern that its signs appear on the chart, noting that breaching 1288.50 will push the price to achieve additional gains that reach 1311.70 before any new attempt to decline.

The expected trading range for today is between 1240.00 support and 1290.00 resistance.

The expected trend for today: Bearish