Tag: Wheat Analysis

Wheat Technical Chart and Analysis 15th June 2017

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Currently, Wheat active month has registered a lower low indicating a potential for further downside. However, strong support ahead at $437.62 (14-DMA...

Wheat Technical Chart and Analysis 8th June 2017

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At present, the wheat 1707 is expected to test $449.22, where a break above will open the way towards $453.50. However, any downside will test $446.27...

Wheat Technical Chart and Analysis 1st June 2017

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Wheat 1707 is expected to face resistance level at $431.05 (14-DMA). A rise from here will validate more positive moves towards $433.23 (30-DMA). On t...

Wheat Technical Chart and Analysis 18th May 2017

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Trend Remain bearish, momentum still weak. Others indicators still favoring bear on daily chart. Trading below $432.55 will keep the session in depres...

Wheat Technical Chart and Analysis 10th May 2017

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The current formation is of a Spinning Top which indicates that the market may consolidate at current levels. A rise from here will target $435.21 (14...

Wheat Technical Chart and Analysis 27th April 2017

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The current formation indicates consolidation at these levels. A rise above $413.51 will revisit $417.77 (14-DMA), while any downside will cause the d...

Wheat Technical Chart and Analysis 20th April 2017

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Wheat 1705 jammed since many sessions around 14-DMA at $426.04, where a break above will attest further move. However, failed to hold the above level...

Wheat Technical Chart and Analysis 13th April 2017

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Consolidation is likely to continue around the 30-DMA and 100-DMA, where a break or trade above will open the way towards $437.28. However, any downwa...

Wheat Technical Chart and Analysis 6th April 2017

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Wheat 1705 registered a higher high and a higher low to close around its high. The resultant formation suggests that its consolidation phase is nearin...

Wheat Technical Chart and Analysis 30th March 2017

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Wheat 1705 is facing strong resistance around 14-DMA at $427.50, while holding ground above its crucial support of $419.02. Wheat really needs to clos...

Wheat Technical Chart and Analysis 22nd March 2017

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Wheat 1705 extended its decline on Tuesday to close at $423.25. If the decline continues, the initial target will be at $418.28 which could later exte...

Wheat Technical Chart and Analysis 15th March 2017

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Wheat 1705 is moving up around the 100-DMA which is standing at $436.97. A rise above from here will target at $443.98. However, any downside will be...

Wheat Technical Chart and Analysis 8th March 2017

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Wheat 1705 witnessed lower low indicating further downside. The next downside target is around 14-DMA at $452.86. However, any upside will be tested a...

Wheat Technical Chart and Analysis 22nd February 2017

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Wheat 1703 is moving up around the 14-DMA which is standing at $440.36, where a break or trade above from here will deliver more positive movement and...

Wheat Technical Chart and Analysis 2nd February 2017

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Wheat 1703 continued with its upward movement and closed at $432.25. Currently, the short and the medium term moving averages are heading upwards indi...