financetom
Technology
financetom
/
Technology
/
Corn price awaits more decline – Forecast today - 20-05-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Corn price awaits more decline – Forecast today - 20-05-2024
May 19, 2024 9:40 PM

Corn Price Analysis Expected Scenario The corn price provided clear negative trades in the previous sessions, moving away from the $461.90 level, reinforcing expectations of continuing the bearish trend. This trend targets $449.20 as the next main station. Moving below the EMA50 supports the suggested bearish wave, which will remain valid unless breaching $461.90 and holding above it. Expected Trading Range Between $449.00 support and $461.00 resistance.

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 >
Copyright 2023-2025 - www.financetom.com All Rights Reserved