financetom
Technology
financetom
/
Technology
/
Wheat price keeps declining – Forecast today - 19-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Wheat price keeps declining – Forecast today - 19-06-2024
Jun 18, 2024 10:06 PM

Wheat Price Analysis Expected Scenario Wheat price resumed its negative trading to move away from 605.80$ level and reinforce the expectations of continuing the domination of the bearish trend, opening the way to head towards 576.90$ as a next main target. The bearish channel organizes the suggested bearish wave, which will remain valid conditioned by the price stability below 605.80$. Expected Trading Range for Today Between the support 580.00$ and the resistance 605.00$.

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 >
US pushing Netherlands, Japan to restrict more chipmaking equipment to China, source says
US pushing Netherlands, Japan to restrict more chipmaking equipment to China, source says
Jun 18, 2024
(Reuters) - A U.S. official was headed to Japan after meeting with the Dutch government in an effort to push allies to further crack down on China's ability to produce cutting-edge semiconductors, a person familiar with the matter told Reuters on Tuesday. Alan Estevez, the U.S. export policy chief, was again trying to build on a 2023 agreement between the...
HPE CEO unveils 'simple' AI hardware aimed to help businesses
HPE CEO unveils 'simple' AI hardware aimed to help businesses
Jun 18, 2024
(Reuters) - Hewlett Packard Enterprise ( HPE ) CEO Antonio Neri pitched a new line of hardware, software and services to businesses interested in deploying various forms of artificial intelligence at its Las Vegas conference on Tuesday. Since the launch of OpenAI's ChatGPT in 2022, businesses of all sizes have been scrambling to develop and incorporate AI, to do things...
Wheat price keeps declining – Forecast today - 19-06-2024
Wheat price keeps declining – Forecast today - 19-06-2024
Jun 18, 2024
Wheat Price Analysis Expected Scenario Wheat price resumed its negative trading to move away from 605.80$ level and reinforce the expectations of continuing the domination of the bearish trend, opening the way to head towards 576.90$ as a next main target. The bearish channel organizes the suggested bearish wave, which will remain valid conditioned by the price stability below 605.80$....
Sugar price tests the support base – Forecast today - 19-06-2024
Sugar price tests the support base – Forecast today - 19-06-2024
Jun 18, 2024
Sugar Price Analysis Expected Scenario Sugar price faced negative pressure in the previous sessions to test the key support 18.90$, noticing that the price keeps its stability above it, accompanied by witnessing clear positive signals through stochastic, waiting to motivate the price to resume the bullish wave that targets visiting 19.82$ mainly. Therefore, we will continue to suggest the bullish...
Copyright 2023-2026 - www.financetom.com All Rights Reserved