KC HRW Wheat MAY 2020 has broken through a line of 450.0000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 440.9250 can be expected within the next 20 hours.
Related Posts
Gold Spot has broken out from the Channel Down pattern. Expect it to hit 3252.2753 soon.
Gold Spot has broken through a resistance line of a Channel Down chart pattern. If this breakout holds…
Supports and resistances are primary concepts of technical analysis. Brent Crude is heading for an important price of 64.8040 – read about what this could mean for the future.
Brent Crude is en route to a very important line that will be a definite deciding factor of…
Because Silver Spot formed a Channel Down pattern, we expect it to touch the support line. If it breaks through support it may move much lower
Silver Spot is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…