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Honeywell returns higher - Analysis - 04-01-2020

Economies.com
2021-01-04 12:18PM UTC

Honeywell's stock (HON) returned higher with a 0.83% profit, amid the dominance of the main upward medium-term trend, with support from the 50-day SMA, coupled with positive signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the resistance of 220.75. 

 

Expected trend for today: Bullish 

Midday update for Wheat price 04-01-2021

Economies.com
2021-01-04 11:13AM UTC

Wheat price shows sideways trades now, settling around 650.00, waiting for more bullish bias to test 654.80 that represents our next main target, to continue suggesting the bullish trend in the upcoming sessions supported by the EMA50, reminding you that the continuation of the expected rise requires holding above 636.60.

 

The expected trading range for today is between 640.00 support and 655.00 resistance.

The expected trend for today: Bullish

Sugar price touches the target – Analysis - 04-01-2021

Economies.com
2021-01-04 11:13AM UTC

Sugar price opens today’s trading with strong rise to succeed touching our waited target at 15.27, and we expect the continuation of the bullish trend to surpass this level and open the way to head towards 15.42 that represents our next positive station, to continue suggesting the bullish trend in the upcoming sessions unless breaking 14.75 and holding below it.

 

The expected trading range for today is between 15.10 support and 15.40 resistance

 

The expected trend for today: Bullish

Midday update for Soybean price 04-01-2021

Economies.com
2021-01-04 11:13AM UTC

Soybean price provides additional positive trades to approach gradually from our waited target at 1355.00, to keep the bullish trend scenario valid and active for the rest of the day, reminding you that the extended targets reach 1413.70, while holding above 1296.00 represents key condition to achieve the suggested targets.

 

The expected trading range for today is between 1330.00 support and 1360.00 resistance.

 

The expected trend for today: Bullish