Midday update for Corn price 08-04-2020

Economies.com
2020-04-08 09:40AM UTC

Corn Price continues to fluctuate around the bearish channel’s resistance and attempts to breach it, which urges caution from the upcoming trading, as confirming the stability above 336.00 will stop the recently suggested negative scenario and push the price to achieve bullish correction that its targets begin at 342.40, while the price needs to break 334.40 to reinforce the chances of resuming the main bearish trend that its next target located at 324.30.

 

The expected trading range for today is between 325.00 support and 340.00 resistance.

 

The expected trend for today: Bearish

Commodities News

Oil News

Commodities

Oil prices extend gains after strong US growth data
2024-03-28 13:03PM UTC
Global Oil Prices Global oil prices extended their gains in American trade on Thursday and hit ...
Gold News

Commodities

Gold climbs as dollar stabilizes ahead of important data
2024-03-27 21:29PM UTC
Gold prices rose on Wednesday as markets await important US data this week while the dollar trades ...
Oil News

Commodities

US crude stocks rise unexpectedly
2024-03-27 15:39PM UTC
The Energy Information Administration reported a buildup of 3.2 million barrels in US crude stocks ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 28-03-2024
2024-03-28 10:19AM UTC
Brent Oil Price Analysis Brent oil price fluctuates within tight track since morning, settling ...
Oil Analysis

Commodities

Crude oil price forecast update 28-03-2024
2024-03-28 10:19AM UTC
Crude Oil Price Analysis Crude oil price settles around 82.00$ level since morning, and ...
Silver Analysis

Commodities

Silver price forecast update 28-03-2024
2024-03-28 10:19AM UTC
Silver Price Analysis Silver price faces expected negative pressure to test the key support ...