Gold price shows more rise to confirm the continuation of the bullish trend, waiting to test 1800.00 that represents our next main target, noting that stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected bullish trend, which will remain valid conditioned by the price stability above 1760.00.
Wheat price keeps its stability above 644.20, which keeps our bullish overview active for today, getting continuous positive support by the EMA50, waiting to resume the positive trades that target testing 662.45 mainly.
Therefore, the bullish bias will be expected for today unless breaking 644.20 and holding below it.
The expected trading range for today is between 640.00 support and 660.00 resistance.
The expected trend for today: Bullish
Soybean price shows new positive trades to move away from the EMA50, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting to visit 1454.70 as a next main target, reminding you that the continuation of the bullish wave depends on the price stability above 1395.00 and 1382.50 levels.
The expected trading range for today is between 1400.00 support and 1440.00 resistance.
The expected trend for today: Bullish
Brent oil price fluctuates with slight positivity to settle above 67.00 barrier, thus, our bullish overview will remain valid as it is without any change, waiting to head towards 69.00 followed by 70.00 levels as next main target, while achieving them requires holding above 65.15.
The expected trading range for today is between 65.50 support and 68.50 resistance.
The expected trend for today: Bullish