The EURJPY price confirmed its move to the bullish track by providing new positive close above the breached resistance at 129.90 level, to increase the chances for forming strong bullish trading in the near and medium period.

Stochastic fluctuation within the overbought level will provides a new positive momentum for the price to ease the mission for reaching the positive stations that are located near 130.85 and 131.40.

The expected trading range for today is between 129.90 and 130.85

The expected trend for today: Bullish

The AUDJPY ended its bullish rebound by facing the main bearish channel’s resistance at 81.30, to end the temporary positivity to increase the chances for renewing the negative main attempts in the near and medium period.

Stochastic attempt to exit the overbought level will ease the mission of gathering the negative momentum, to expect begin recording the negative targets at 80.20 reaching to 79.35 level in the medium period.

The expected trading range for today is between 81.10 and 80.20

The expected trend for today: Bearish

Wheat price traded with strong negativity yesterday to break 717.00 and settles below it, affected by the double top pattern that its signs appear on the chart, which puts the price under more expected negative pressure in the upcoming sessions, on its way to visit 696.80 mainly.

Therefore, the bearish bias will be expected for today unless breaching 717.00 and holding above it again.

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

The expected trend for today: Bearish

Sugar price’s recent trades are confined within symmetrical triangle that its lines represented by 19.40 support and 20.20 resistance, thus, the price needs to surpass one of these levels to detect its next destination clearly, which makes us stay aside now.

Note that breaking the mentioned support will press on the price to achieve more bearish correction and visit 19.16 followed by 18.70 levels as main negative stations, while breaching the resistance will lead the price to resume the main bullish trend that its first target located at 20.60.

The expected trading range for today is between 19.45 support and 20.30 resistance

The expected trend for today: Neutral