Agricultural Commodities mixed Friday

Agricultural Commodities prices were mixed on Friday, Wheat and Corn ended the session higher, while Soybeans prices fell as uncertainty prevailed over the U.S.-China trade deal.

In weather news, weather forecasts show that a round of above-normal temperatures will hit the center of the U.S next week, while NOAA forecast predicts colder weather for most of the country.

Wheat Intradía : sideways

  • Nuestra recomendación: buy over 514, take profit 519.5 then 524 stop loss 514
  • Otro lado: sell below 514, take profit 509.5 then 504 stop loss 514
Resistencia R1
519.5
R2
524
R3
529.5
Apoyo S1
509.5
S2
504
S3
499.5

Punto de pivote: 514

Corn Intradía : down trend

  • Nuestra recomendación: buy over 368.75, take profit 370 then 371.25 stop loss 368.75
  • Otro lado: sell below 368.75, take profit 367.5 then 366.25 stop loss 368.75
Resistencia R1
370
R2
371.25
R3
372.5
Apoyo S1
367.5
S2
366.25
S3
365

Punto de pivote: 368.75

Soybean Intradía : down trend

  • Nuestra recomendación: buy over 898.67, take profit 901.59 then 906.17 stop loss 896.67
  • Otro lado: sell below 898.67, take profit 894.09 then 891.17 stop loss 900.67
Resistencia R1
901.59
R2
906.17
R3
909.09
Apoyo S1
894.09
S2
891.17
S3
886.59

Punto de pivote: 898.67

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