Copper price didn’t move yesterday, to keep its negative stability below 4.4200 resistance line, affected by the moving average 55 forming additional barrier at 4.2700.

Therefore, we will keep waiting to gather the required additional negative momentum to reinforce the bearish track, to ease the mission of reaching the negative stations at 4.0500 and 3.8750.

The expected trading range for today is between 4.2800 and 4.0000

The expected trend for today: Bearish

Wheat price breached 696.80 level strongly yesterday and heads towards testing 717.00 now, to turn to rise on the intraday basis, being aware that we need to monitor the price at the targeted level, as breaching it will lead the price to achieve more gains that reach 741.90.

Therefore, we expect to witness more bullish bias in the upcoming sessions unless breaking 696.80 and holding below it.

The expected trading range for today is between 700.00 support and 720.00 resistance.

The expected trend for today: Bullish

Sugar price breached 19.72 and settled above it, to stop the recently suggested negative scenario and lead the price to resume the main bullish trend, waiting to visit 20.60 initially.

Therefore, the bullish bias will be suggested for the upcoming sessions unless breaking 19.72 and hold above it again.

The expected trading range for today is between 19.70 support and 20.50 resistance

The expected trend for today: Bullish

Soybean price didn’t show any strong move in the previous sessions, to continue fluctuating around the bearish trend line, waiting to resume the expected bearish trend for the upcoming period, which its next target located at 1225.90, while achieving it requires holding below 1318.80.

The expected trading range for today is between 1255.00 support and 1300.00 resistance.

The expected trend for today: Bearish