Corn opened today with the sharp upward gap – which follows the earlier upward reversal from the key support area lying between multi-month support level 342.00 and the lower daily Bollinger Band.
The upward reversal from the aforementioned support area created the strong daily Japanese candlesticks reversal pattern Morning Star.
Corn is expected to rise further and re-test the next resistance level 365.00 (target price for the completion of the active correction (ii)).
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies