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City Group declines anew - Analysis - 21-09-2022

Economies.com
2022-09-21 11:17AM UTC

City Group's stock (C) returned lower in the intraday levels, amid the dominance of the main downward trend in the medium and short terms, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA. 

 

Therefore we expect more losses for the stock, targeting the pivotal support of 45.40, provided the resistance of 50.80 holds onn.

 

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Expected trend for today: Bearish 

Midday update for Wheat price 21-09-2022

Economies.com
2022-09-21 08:59AM UTC

Wheat price shows new bullish rally to touch our first positive target at 910.00 and attempts to breach it, reinforcing the chances of achieving more expected gains in the upcoming sessions, noting that our next target is located at 935.00, while holding above 885.50 represents key condition to achieve the waited targets.

 

The expected trading range for today is between 890.00 support and 930.00 resistance.

The expected trend for today: Bullish

Midday update for Sugar price 21-09-2022

Economies.com
2022-09-21 08:59AM UTC

Sugar price breached 17.80 level strongly to confirm the continuation of the bullish trend domination on the intraday and short term basis, and the way is open to head towards our next main target at 18.13, noting that breaching it will push the price to 18.41 as a next positive target, while holding above 17.80 represents key condition to continue the expected rise.

 

The expected trading range for today is between 17.50 support and 18.13 resistance

 

The expected trend for today: Bullish

Midday update for Soybean price 21-09-2022

Economies.com
2022-09-21 08:59AM UTC

Soybean price shows new positive trades to move away from 1470.00 level, reinforcing the expectations of continuing the expected bullish trend for today, reminding you that our positive targets begin at 1510.00 and extend to 1537.60, while achieving them requires holding above 1470.00.

 

The expected trading range for today is between 1460.00 support and 1510.00 resistance.

 

The expected trend for today: Bullish