FARM COMMODITIES-TREND ANALYSIS-CLOSE FRIDAY APR 13/2018

MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING MOMENTUM OF TRADING
TRENDS: MOVE DOWN-ON LOWER HIGHS.MOVE 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 (MAY/18): $0.25/BU.WORLD ENDING STOCKS PROJECTED DOWN 1.34 MMT            
TRENDS: PRICE-UP.OPEN INTEREST-FLAT/NEW@TREND.RANGE-YEARLY-(325-449)           
TRADING: PRICE FLAT.MOVE UP.BELOW TREND.SUPPORT@385.MOMENTUM FLAT.SELLING
TARGETS: (379 397) 415 433).COMMITMENTS-FORCE:NON COMMERCIAL MORE NET LONG 

SOYBEANS (MAY/18): $0.70/BU,WORLD ENDING STOCKS PROJECTED DOWN 3.60 MMT
TRENDS: PRICE-UP.OPEN INTEREST-UP@TREND.RANGE-YEARLY-(844-1186)
TRADING: PRICE UP.MOVE UP.ABOVE TREND.RESISTANCE@1062.MOMENTUM FLAT.SELLING
TARGETS: (989 (1018 1030 1047) 1076).COMMITMENTS-FORCE:COMMERCIAL MORE NET SHORT 

WHEAT (MAY/18): $0.45/BU.WORLD ENDING STOCKS PROJECTED UP 2,33 MMT         
TRENDS: PRICE-UP.OPEN INTEREST-UP/BELOW TREND.RANGE-YEARLY(387-575)            
TRADING: PRICE DOWN.MOVE DOWN.ABOVE TREND.SUPPORT@471.GAINED MOMENTUM.SELLING.
TARGETS: (446 466) 485 505).COMMITMENTS-FORCE:NON COMMERCIAL NOW NET LONG. 

DOLLAR CAD/USD: (JUN/18)  4.00 DAILY LIMIT 
TRENDS: PRICE-DOWN/LESS. OPEN INTEREST-FLAT/@TREND.RANGE-YEARLY-(6810-8295)
TRADING: PRICE FLAT.MOVE UP.@REVISED TREND.RESISTANCE@7965.MOMENTUM FLAT.OFFSET
TARGETS: (7800 7856 7883 7965 8002).COMMITMENTS-FORCE:NON REPORTABLE FLAT NET SHORT.