The GBPNZD pair faced solid support at 1.9050, to hinder the attempt to resume the negative attack and notice its rebound towards 1.9170 level, while the continuous stability of the current support line and stochastic exit from the oversold areas allow us to expect starting to gather the positive momentum, to increase the chances of resuming the correctional bullish attempts to target 1.9260 followed by 1.9420 levels in the medium term period.

The expected trading range for today is between 1.9090 and 1.9260

The expected trend for today: Bullish

Wheat price succeeded to touch our waited target at 1043.30 and bounced bullishly to test the key resistance 1114.00, as it keeps its stability below it until now, noticing that the EMA50 and stochastic provide negative signals that support the chances of resuming the expected bearish trend in the upcoming period, which its targets extend to 972.80.

Therefore, we will continue to suggest the domination of the correctional bearish trend conditioned by the price stability below 1114.00.

The expected trading range for today is between 1040.00 support and 1120.00 resistance.

The expected trend for today: Bearish

Sugar price ended last Friday above 19.16 level, noticing that there are signs of bullish flag pattern that might push the price to resume the main bullish trend, to face contradicted technical factors that make us prefer to stay aside until we get clearer signal for the next trend.

Note that breaching 19.40 will activate the positive effect of the mentioned pattern and lead the price to achieve positive targets that start at 19.72 and extend to 20.00, while breaking 19.16 represents the key to resume the bearish trend that targets 18.70 level initially.

The expected trading range for today is between 18.90 support and 19.50 resistance

The expected trend for today: Neutral

Soybean price fluctuates within tight track, settling around the EMA50, which keeps the bullish trend scenario valid as it is without any change, supported by stochastic positivity, reminding you that our waited targets begin at 1718.00 and extend to 1757.00, while achieving them requires holding above 1663.00.

The expected trading range for today is between 1660.00 support and 1700.00 resistance.

The expected trend for today: Bullish