FARM COMMODITIES-TREND ANALYSIS-JANUARY 31/2018
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING MOMENTUM OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO TRENDS,TARGETS MOVES
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT

CORN (MAR/18): $0.25/BU, PROJECTED WORLD ENDING STOCKS UP 1.99 MMT            
TRENDS: PRICE-UP/MORE OPEN INTEREST-UP/LESS PRICE RANGE YEARLY-(325-449)           
TRADING: UP ON TREND TESTING 361/MAJOR RESISTANCE MOMENTUM/VOLUME LESS       
TARGETS: (325 (343 361) 379), COMMITMENTS OF TRADERS: MOMENTUM LOST
 
SOYBEANS (MAR/18): $0.70/BU, PROJECTED WORLD ENDING STOCKS UP 0.05 MMT
TRENDS: PRICE-UP/HIGH. OPEN INTEREST-FLAT, PRICE RANGE YEARLY-(844-1186)
TRADING: FLAT AWAY FROM TREND 1001/MINOR RESISTANCE, MOMENTUM MIXED
TARGETS: (960 (989 1018) 1047), COMMITMENTS OF TRADERS: MOMENTUM LOST

WHEAT (MAR/18): $0.45/BU, PROJECTED WORLD ENDING STOCKS DOWN 0.40 MMT          
TRENDS: PRICE-UP/GRADUAL OPEN INTEREST-DOWN/GRADUAL RANGE-(387-575) YEARLY            
TRADING: FLAT ON TREND MET 459/MINOR RESISTANCE MORE MOMENTUM MIXED   
TARGETS: (426 (446 465) 485), COMMITMENTS OF TRADERS: MOMENTUM STEADY

DOLLAR CAD/USD: (MAR/18)  4.00 DAILY LIMIT                                
TRENDS: PRICE-UP/LESS. OPEN INTEREST-FLAT. PRICE RANGE-(6810-8295) YEARLY
TRADING: UP, ON TREND, TESTED 8130/MAJOR RESISTANCE, MORE MOMENTUM MIXED  
TARGETS: (7965 (8048 8130) 8213). COMMITMENTS OF TRADERS: MOMENTUM GAINED