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American International Group seeks a bottom to bounce it higher - Analysis - 25-03-2021

Economies.com
2021-03-25 11:59AM UTC

American International Group's stock (AIG) rose 0.02% in the last session while seeking a bottom to bounce it higher, amid the dominance of the upward medium-term trend, with positive pressure from the 50-day SMA as the RSI reached oversold levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 48.85. 

 

Expected trend for today: Bullish 

Boeing sharpens decline - Analysis - 25-03-2021

Economies.com
2021-03-25 11:59AM UTC

\Boeing's stock (BA) kept falling with 0.83% in the last session, while trading alongside the upward short-term trend line, with positive pressure from the 50-day SMA, as the RSI reached oversold levels, while the stock gathers momentum to help it rise anew 

 

Therefore we expect the stock to return higher, targeting the first resistance at 253.60, provided the support of 234.00 holds on.

 

Expected trend for today: Bullish 

Midday update for Wheat price 25-03-2021

Economies.com
2021-03-25 10:02AM UTC

Wheat price shows more decline to touch our waited target at 614.60 and start pressing on it in attempt to break it, to support the expectations of extending the bearish wave in the upcoming period, reminding you that our next target reaches 596.30, while the expected decline will remain valid conditions holding below 629.40.

 

The expected trading range for today is between 610.00 support and 625.00 resistance.

The expected trend for today: Bearish

Midday update for Sugar price 25-03-2021

Economies.com
2021-03-25 10:02AM UTC

Sugar price begins to rebound bearishly after testing 15.55 level, supported by the negative pressure formed by the EMA50, besides stochastic reach to the overbought signals, to keep the bearish trend scenario valid for today, which targets 15.00 followed by 14.34 levels mainly, reminding you that it is important to hold below 15.55 to achieve the suggested targets.

 

The expected trading range for today is between 15.00 support and 15.60 resistance

 

The expected trend for today: Bearish