End of day analysis for the EURUSD 01-10-2020
The EURUSD pair shows calm positive trades in attempt to move away from 1.1720 level, to keep the bullish trend scenario valid for the upcoming period, which targets 1.1780 followed by 1.2011 levels as next main stations, reminding you that it is important to hold above 1.1720 to continue the suggested rise.
Midday update for Wheat price 01-10-2020
Wheat price provided slight negative trades to test 557.00 and keeps its stability below it, which keeps our bullish overview valid for today, and the price needs to get enough positive momentum to push trades towards 590.50 followed by 603.40 levels that represent our next main targets, reminding you that breaking 577.00 will stop the suggested rise and press on the price to decline towards 557.30 mainly.
The expected trading range for today is between 570.00 support and 600.00 resistance.
The expected trend for today: Bullish
Midday update for Sugar price 01-10-2020
Sugar price shows weak trades since morning and still below the broken support of the bullish channel, waiting to surpass the mentioned level that forms resistance now at 13.50 to ease the mission of achieving our next target at 13.73, to keep our bullish overview unless breaking 12.86 level and holding below it.
The expected trading range for today is between 13.10 support and 13.80 resistance
The expected trend for today: Bullish
Midday update for Soybean price 01-10-2020
Soybean price fluctuates within sideways trading since morning, near 1039.60 level, waiting to get strong positive motive that assists to push the price to breach the mentioned level and open the way to extend the bullish wave on the short term and medium term basis, as our next target reaches 1070.00, to continue suggesting the bullish trend for the upcoming period unless breaking 1023.00 level and holding below it.
The expected trading range for today is between 1020.00 support and 1050.00 resistance.
The expected trend for today: Bullish