Commodities

Midday update for Wheat price 16-04-2021

2021-04-16 10:31:50 GMT (Economies.com)

Wheat price keeps its stability above 644.20, which keeps our bullish overview active for today, getting continuous positive support by the EMA50, waiting to resume the positive trades that target testing 662.45 mainly.

 

Therefore, the bullish bias will be expected for today unless breaking 644.20 and holding below it.

 

The expected trading range for today is between 640.00 support and 660.00 resistance.

The expected trend for today: Bullish

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.