Archive for Tag: technical report

wheat futures price

Wheat poise to rise for the third straight month on supply constraints

Chicago wheat futures price is down 0.12% at $10.6 per bushel on mid-Friday trades. Wheat opened this week on a bearish note and continued trading within a range. It is poised for a third straight monthly gain as tightening global supplies after Russia’s invasion of Ukraine underpinned prices. The...

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market outlook

Soaring wheat prices induce a new global food crisis

Chicago Wheat futures price is down 1.53%, closing at $11 per bushel. The Food and Agricultural Organization (FAO), a United Nations agency, recently announced its Food and Price Index, which tracks monthly change in the international prices of a “basket of commonly-traded commodities,” witnessed the highest increase in March...

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forex technical analysis

EURCHF Price Chart, Forecast And Analysis

EURCHF Technical Analysis: Weekly Chart In the weekly charts, EURCHF is trading in a downward channel. It is trading below all SMAs: MA (5), MA (20), and MA (50). The immediate support is 1.00224 and the resistance level is at 1.02974 EURCHF is trading in a downward channel until...

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forex technical analysis

NZDUSD FUTURE TECHNICAL ANALYSIS & TRADE SIGNAL

NZDUSD Technical Analysis: Weekly Chart In the weekly charts, NZDUSD is trading in an up channel. It is trading below 50 days SMA & above 5 and 20 days SMA. The immediate support is 0.6802 & the resistance level is at 0.6939. NZDUSD is trading in the up channel...

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