The EURJPY price still affected by the contradiction between the major indicators, to continue forming weak sideways trades in attempt to hold above the additional support at 131.80, while we assure the importance of gathering the positive momentum to assist to activate the bullish track that might target 132.90 followed by 133.55 levels.

On the other hand, surrendering to the negative pressures and settling below the mentioned support will confirm the domination of the bearish bias to expect suffering losses by moving towards 131.45 and 130.85 levels.

The expected trading range for today is between 131.80 and 132.90

The expected trend for today: Bullish

Wheat price trades negatively to witness signs of minor double top pattern that might press on the price to achieve some temporary decline on the intraday basis, targeting testing the bullish channel’s support line that appears on the chart before resuming the main bullish trend.

In general, we will continue to suggest the overall bullish trend, and the price needs to breach 772.00 to confirm resuming the main bullish trend that its next target located at 782.20, noting that breaking 755.00 will press on the price to achieve additional decline that reaches 741.90 before any attempt to rise.

The expected trading range for today is between 755.00 support and 782.00 resistance.

The expected trend for today: Overall bullish

Sugar price ended yesterday with strong positivity to breach 19.16 and settle above it, which leads the price to achieve expected intraday gains in the upcoming sessions, on its way to test 19.72 level initially, noting that breaching this level will push the price to continue the rise towards the recently recorded high at 20.63.

Therefore, the bullish bias will be suggested for today unless breaking 19.16 and holding below it again.

The expected trading range for today is between 19.00 support and 19.72 resistance

The expected trend for today: Bullish

Soybean price provided positive trades yesterday to reach the main bearish trend line that appears on the chart, attempting to breach it now, reinforcing the expectations of continuing the bullish trend, which targets 1270.00 followed by 1318.80 levels as next main stations.

The EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 1225.90.

The expected trading range for today is between 1235.00 support and 1260.00 resistance.

The expected trend for today: Bullish