FARM COMMODITIES-TREND ANALYSIS-CLOSE APR 19/2018

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/LESS REVISED 1X. OPEN INTEREST-DOWN. RANGE-YEARLY-(325-449)           
TRADING: FLAT. MOVE FLAT. ABOVE TREND. MET RESISTANCE@383. LOST MOMENTUM. SELLING
TARGETS: (343 361 379 397).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. RANGE-YEARLY-(844-1186)
TRADING: MOVE DOWN. ABOVE TREND. LOW ABOVE 1030. MATCHED MOMENTUM. NET 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-DOWN. RANGE-YEARLY(387-575)            
TRADING: MOVE UP. ABOVE TREND. RESISTANCE@481. LOST MOMENTUM. OFFSET BUYING.
TARGETS: (446 466) 485 505).COMMITMENTS-FORCE:NON COMMERCIAL NOW NET LONG. 

DOLLAR CAD/USD: (JUN/18)  4.00 DAILY LIMIT 
TRENDS: PRICE-UP. OPEN INTEREST-UP. RANGE-YEARLY-(6810-8295)
TRADING: MOVE DOWN-ON TREND-TESTED SUPPORT/CLOSED@7902-LOST MOMENTUM-NET SELLING
TARGETS: (7800 7856 7883 7965 8002).COMMITMENTS-FORCE:NON REPORTABLE FLAT NET SHORT.