financetom
Technology
financetom
/
Technology
/
Corn price declines calmly – Forecast today - 06-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Corn price declines calmly – Forecast today - 06-06-2024
Jun 5, 2024 9:55 PM

Corn Price Analysis Expected Scenario Corn price shows calm negative trades to gradually move away from 449.20$, reinforcing the expectations of continuing the bearish trend, which targets 433.50$ as a next station. The negative effect of the double top pattern reinforces the expectations to continue the decline, noting that breaching 449.20$ will stop the negative scenario and lead the price to start new recovery attempts on the intraday basis. Expected Trading Range Between 437.00$ support and 449.00$ 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 >
X suspends Reuters account in India after 'legal demand', government denies making request
X suspends Reuters account in India after 'legal demand', government denies making request
Jul 6, 2025
NEW DELHI (Reuters) -The Reuters News account on X has been inaccessible to users in India since Saturday, when the social media platform suspended it in response to what it described as a legal demand. A spokesperson for the Indian government's Press Information Bureau, however, told Reuters there was no requirement from any agency in the government of India to...
Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales
Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales
Jul 6, 2025
(Corrects paragraph 2 to delete fourth consecutive quarterly decline) By Heekyong Yang SEOUL (Reuters) -Samsung Electronics ( SSNLF ) is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying advanced memory chips to artificial intelligence chip leader Nvidia ( NVDA ). The world's biggest maker of memory chips is projected to...
Nintendo Switch 2 Shortage To Continue Until Next Spring As Per Analysts: Report
Nintendo Switch 2 Shortage To Continue Until Next Spring As Per Analysts: Report
Jul 4, 2025
Nintendo Co. ( NTDOF ) (OTC:NTDOF) Switch 2 is expected to remain in short supply until next spring, according to analysts. What Happened: According to Nikkei Asia's report, the Nintendo Switch 2, which was released on June 5, is still in high demand, with many potential buyers in Japan resorting to lottery systems. The console has been selling at a record...
Nissan considers Foxconn EV output to save Oppama from closure, sources say
Nissan considers Foxconn EV output to save Oppama from closure, sources say
Jul 6, 2025
By Maki Shiraki TOKYO (Reuters) -Japan's Nissan Motor ( NSANF ) is in talks to allow Taiwan's Foxconn to use one of the automaker's domestic factories to build electric vehicles, said two people familiar with the matter, a deal that could save the plant from closure. Reuters reported in May that Nissan ( NSANF ) was considering closing its Oppama plant,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved