Commodities

Midday update for Wheat price 24-01-2020

2020-01-24 11:18:58 GMT (Economies.com)

Wheat price continues to fluctuate near the bullish channel’s support line, and the price gets continuous positive support by the EMA50, thus, our bullish overview will remain valid as long as 570.00 level remains intact, noting that we are waiting to rally towards 596.00 level as a next main target.

 

The expected trading range for today is between 570.00 support and 590.00 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.