I've added positions in wheat. My stop and target as shown on the chart. Seasonally we are due a bullish run between August and November. Will be looking to target 800 from here.
The weather market is probably not over yet so I am predicting about 6$ wheat by the end of summer/harvest.
Wheat plan 16.07.2019 is active. Looks like price want to go below 500 point. Main move I expect up. Write your in comments what trading instrument do you want to I analyze. If you have any questions, write private messages.
because how often do you believe people on the internet
Possible trend reversal coming up, needs a few closes below the line marked w/ text. Simple trade guys. If it closes below let it fall, get short on the pull back OR vice versa. No trade yet, just waiting for a directional signal. Gut says short it though. NOT FINANCIAL ADVICE, TRADE SAFE!
Wheat prices remain high, despite the supply of relatively good data on the market High quality spring wheat - higher than winter crop The quality of spring wheat has been the highest in the United States since 2010, and it may still grow In some EU countries, rainfall increases the quality of European wheat Despite the relatively dry weather, the quality of wheat...
WHEAT vs usd , Long Term perspective on the triangle : Up TrenD
First let's take a look what happened between China and United States. FUNDAMENTAL VISION -At the beginning of 2018, United States started a trade war with China, imposing tariffs on different products. -In response to this measure, the Chinese government imposed tariffs on US products including some raw materials, the main product exported by the United...
Price of wheat tends to go up in the month of May as it’s been the case for last 4 years, so I expect it to go up again this year.
Trend Line Analysis for Wheat-Usd Possible Buy Opportunity
Hi there ! This is a recent analysis for ZW1! that focus on long positions. As you see at the weekly chart the price after a short breakout tend to rebounce to the median of the bollinger bands , this long swing signal it is also confirmed from ADX and RSI also tend to give a solid buy signal after the recent oversold levels. The opinion here is that ZW1! is going...
Looking at the July Wheat futures ZWN2019 , the price bounced off of support yesterday and experienced some follow through buying for a higher close today. For analysis purposes, I would call this a long play with a target set for the $5.35 price range. Couple of things I like looking at this chart is the positive trending RSI as well as the solid bounce off of...