Agricultural Commodities prices mixed ahead of WASDE report

Agricultural Commodities prices were mixed on Monday, as traders continue to square positions ahead of Monday’s World Agricultural Supply and Demand Estimates (WASDE) report.

In weather space, according to the latest seven-day cumulative precipitation map from NOAA, Temperatures will fluctuate in the Midwest and Plains this week, moving from below-normal daytime highs in the middle of the week to above-normal temperatures by the weekend. Only light rain or snow is expected mid-December across most of the central U.S.

Wheat Intradía : sideways

  • Nuestra recomendación: sell below 523.17, take profit 520.09 then 517.17 stop loss 523.17
  • Otro lado: buy over 523.17, take profit 526.09 then 529.17 stop loss 523.17
Resistencia R1
526.09
R2
529.17
R3
532.09
support S1
520.09
S2
517.17
S3
514.09

Punto de pivote: 523.17

Corn Intradía : down trend

  • Nuestra recomendación: sell below 376.33, take profit 374.41 then 373.33 stop loss 376.33
  • Otro lado: buy over 376.33, take profit 377.41 then 379.33 stop loss 376.33
Resistencia R1
377.41
R2
379.33
R3
380.41
support S1
374.41
S2
373.33
S3
371.41

Punto de pivote: 376.33

Soybean Intradía : up trend

  • Nuestra recomendación: buy over 896.83, take profit 903.91 then 910.33 stop loss 894.83
  • Otro lado: sell below 896.83, take profit 890.41 then 883.33 stop loss 898.83
Resistencia R1
903.91
R2
910.33
R3
917.41
support S1
890.41
S2
883.33
S3
876.91

Punto de pivote: 896.83

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