The EURUSD pair hovers around 1.0800 level, and as long as the price is below 1.0840, the negative pressure will remain valid for the upcoming period, supported by the EMA50 that supports the chances of heading towards our negative targets that reach 1.0700 followed by 1.06000.

Wheat price trades positively to approach the EMA50, accompanied by stochastic reach to the overbought areas, waiting to motivate the price to rebound bearishly to resume the expected bearish trend for the upcoming period, which its targets begin by breaking 536.80 to open the way to head towards 520.30 as a next station, while holding below represents key condition to continue the suggested decline.

The expected trading range for today is between 530.00 support and 550.00 resistance.

The expected trend for today: Bearish

Sugar price attacks 10.40 level to breach it and moves above it now, which urges caution from the upcoming trading, as holding with a daily close above this level will stop the negative scenario and push the price to 11.55 level initially.

We note that stochastic loses its positive momentum and approaches the overbought areas now, while the EMA50 forms continuous negative pressure against the price, thus, we believe that the chances valid to resume the bearish trend that its next main target located at 9.70.

The expected trading range for today is between 9.70 support and 10.60 resistance

The expected trend for today: Bearish

Soybean price begins pressing on 859.80 level in attempt to break it, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, affected by the previously completed double top pattern, waiting to visit 851.40 as a next main station, reminding you that it is important to hold below 871.80 to continue the expected decline.

The expected trading range for today is between 851.00 support and 870.00 resistance.

The expected trend for today: Bearish