The EURJPY price ended its last trading by providing a new positive close above the moving average 55, which forms an extra support by its stability near 131.50, to increase the chances for renewing the bullish attempts by its rally at 132.10.

Stochastic exit from the oversold level will increase the chances for gathering the positive momentum, accompanied with the bullish suggestion, reminding you that the positive targets near 132.65 and 133.30 level.

The expected trading range for today is between 131.55 and 133.30

The expected trend for today: Bullish

CADJPY price succeeded to settle above the bullish channel’s support at 91.55, to confirm its surrender to the bullish bias domination in the upcoming period, providing positive momentum by stochastic surpass to 50 level makes us wait for recording new positive targets by reaching 92.95 followed by the next extra target at 93.72. 

The expected trading range for today is between 91.75 and 93.00

The expected trend for today: Bullish

Wheat price returned to rise again and settle above 782.20 level, which supports the continuation of the main bullish trend, paving the way to head towards our next positive targets that start at 800.00 followed by 820.00.

The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 771.00.

The expected trading range for today is between 775.00 support and 800.00 resistance.

The expected trend for today: Bullish

Sugar price managed to touch our first waited target at 19.16 and presses negatively on it, which supports the chances of achieving more expected decline in the upcoming sessions, noting that surpassing this level will push the price to 18.70 direct.

Holding below 19.72 is important to continue the expected decline, as breaching it will lead the price to resume the main bullish trend and head towards 20.60 areas initially.

The expected trading range for today is between 18.80 support and 19.45 resistance

The expected trend for today: Bearish