The EURJPY pair started the attempts to take a breath after suffering big losses and approaching 124.15 level, to notice forming correctional bullish rebound towards 125.55.

We remind you that the frequent negative fluctuation below the additional barrier at 126.85 in addition to the continuous negative momentum coming by the major indicators support our negative overview for the upcoming period, to expect moving towards 124.15 followed by reaching 123.45 as an additional support line against the negative attempts.

The expected trading range for today is between 125.90 and 124.15

The expected trend for today: Bearish

Wheat price bounced downwards strongly after reaching 1340.00 level, to start bearish correction for the rise that started from 744.40 areas, as it touched the first correctional level at 1200.00, expecting to surpass this level to visit 1114.00 as a next correctional target.

Therefore, the bearish bias will be suggested for today, taking into consideration that failing to break 1200.00 will lead the price to resume the main bullish trend that its next target located at 1350.00.

The expected trading range for today is between 1200.00 support and 1300.00 resistance.

The expected trend for today: Bearish

Sugar price couldn’t manage to hold for long time above 19.72, to trade with clear negativity and test the support base formed at 19.16, and the price needs to hold above this level to keep the positive scenario active, which its next target reaches 20.00.

Therefore, we will keep our bullish overview unless breaking 19.16 and holding below it.

The expected trading range for today is between 18.80 support and 19.70 resistance

The expected trend for today: Bullish

Soybean price provided new negative trades yesterday to break the bullish channel’s support line, but it found solid support formed by the EMA50 to push the price to rise again, accompanied by witnessing positive signals by stochastic, waiting for more rise to reach 1757.00 mainly.

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1652.00.

The expected trading range for today is between 1650.00 support and 1720.00 resistance.

The expected trend for today: Bullish