financetom
Technology
financetom
/
Technology
/
Wheat price tests the support base – Forecast today - 02-05-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wheat price tests the support base – Forecast today - 02-05-2024
May 1, 2024 9:24 PM

Wheat Price Analysis Expected Scenario Wheat price continues to press on 597.10$ support line, finding difficulty to confirm the break, waiting to get negative motive that assist to push the price to surpass this level and open the way to rally towards 583.50$ as a next negative target. The bearish trend scenario will remain suggested on the intraday basis, noting that breaching 614.10$ will stop the expected decline and lead the price to achieve new gains that reach 630.00$ followed by 641.50$. Expected Trading Range Between the support at 585.00$ and the resistance at 610.00$.

Trend Forecast: Bearish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Warren Buffett's portfolio: Here are the stocks Berkshire Hathaway is buying or selling
Warren Buffett's portfolio: Here are the stocks Berkshire Hathaway is buying or selling
Feb 14, 2025
Warren Buffett is arguably the world's most famous investor, and his investment moves are closely followed. Each quarter, the company he runs, Berkshire Hathaway ( BRK/A ), discloses its current holdings to shareholders. Here are some of the changes Buffett and his two investment officers, Todd Combs and Ted Weschler, made during the fourth quarter, according to the latest 13F...
Vontier Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)
Vontier Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)
Feb 14, 2025
Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Vontier ( VNT ) in the last three months. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
No need for one country to control chip industry, Taiwan official says
No need for one country to control chip industry, Taiwan official says
Feb 14, 2025
TAIPEI, Feb 15 (Reuters) - There is no need for one country to control the semiconductor industry, which is complex and needs a division of labour, Taiwan's top technology official said on Saturday after U.S. President Donald Trump criticised the island's chip dominance. Trump repeated claims on Thursday that Taiwan had taken the industry and he wanted back in the...
Where Pagaya Techs Stands With Analysts
Where Pagaya Techs Stands With Analysts
Feb 14, 2025
Across the recent three months, 4 analysts have shared their insights on Pagaya Techs , expressing a variety of opinions spanning from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
Copyright 2023-2026 - www.financetom.com All Rights Reserved