Wheat price surpasses the resistance – Forecast today - 26-04-2024
Economies.com
2024-04-26 03:58AM UTC
Wheat Price Analysis
Expected Scenario
- Wheat price has managed to breach the 614.10$ level and close the daily candlestick above it.
- This reinforces the expectations of continuing the bullish trend on the intraday and short-term basis.
- It opens the way for the price to head towards 635.00$ followed by 641.50$ levels as the next main targets.
Expected Trading Range
Between the support at 610.00$ and the resistance at 630.00$.
Trend Forecast: Bullish
Commodities News
Commodities
Gold climbs ahead of inflation data, Powell's speech
2024-05-14 08:35AM UTC
Gold prices rose in European trade on Tuesday, resuming gains after a short hiatus, as US 10-year ...
Commodities
Copper extends gains in challenge to global geopolitical concerns
2024-05-13 15:50PM UTC
Copper prices rose on Monday as the dollar inched down against most major rivals despite ongoing ...
Commodities
Brent climbs nearly 1.5% on Asian demand hopes
2024-05-13 14:32PM UTC
International benchmark Brent rose 1.5% in American trade on Monday, resuming its recovery from ...
Commodities Technical Analysis
Commodities
Update: Crude oil price hits the first target
2024-05-14 15:07PM UTC
Crude oil price succeeded to touch our first waited targe tat 77.64$ and finds solid support there, ...
Commodities
Brent oil price forecast update 14-05-2024
2024-05-14 09:25AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows slight bearish bias now, ...
Commodities
Crude oil price forecast update 14-05-2024
2024-05-14 09:25AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price provides additional negative ...