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Update: The EURUSD presses negatively

Economies.com
2020-09-16 18:15PM UTC

The EURUSD pair tested 1.1885 level and rebound downwards clearly from there, to start pressing on 1.1840 level and moves below it now, which hints the price head to resume the correctional bearish trend, noting that the price needs to get a daily close below the last level to confirm the continuation of the decline towards 1.1720 as a next negative target.

Midday update for Wheat price 16-09-2020

Economies.com
2020-09-16 09:33AM UTC

Wheat price settles below 536.80 level, to fall under expected negative pressure in the upcoming sessions, paving the way to visit 520.20 level as a next main target.

 

Therefore, we will keep our bearish overview for the rest of the day unless breaching 536.80 level and holding with a daily close above it.

 

The expected trading range for today is between 525.00 support and 540.00 resistance.

The expected trend for today: Bearish

Midday update for Sugar price 16-09-2020

Economies.com
2020-09-16 09:33AM UTC

Sugar price shows additional positive trades to attempt to surpass the EMA50, on its way for potential test to the key resistance line 12.86, and as long as the price is below this level, our bearish overview will remain valid for today, as breaching it will push the price to return to the short term bullish track and achieve gains that reach 13.73.

 

The expected trading range for today is between 12.16 support and 12.86 resistance

 

The expected trend for today: Bearish

Midday update for Soybean price 16-09-2020

Economies.com
2020-09-16 09:33AM UTC

Soybean price trades with clear positivity now to breach 993.40 and attempts to hold above it, which hints the price head to regain the main bullish trend, and the price needs to hold with a daily close above the mentioned level to confirm the continuation of the rise and stop the morning suggested negative scenario.

 

Therefore, we prefer staying aside now until the price confirms its situation according to 993.40 to detect the next destination clearly.

 

The expected trading range for today is between 980.00 support and 1000.00 resistance.

 

The expected trend for today: Neutral

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1768 (2025-07-04 04:05AM UTC)