FARM COMMODITIES-TREND ANALYSIS-CLOSE APR 26/2018

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 UP (LONG BUYING)-RANGE-YEARLY-(325-449)           
TRADING: PRICE FLAT-HIGHER LOW-ABOVE TREND-RESISTANCE@388-LESS FORCE/BUYING
TARGETS: (343 (361-379) 397).COMMITMENTS-FORCE: NON COMMERCIAL LESS LONG 

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

WHEAT (MAY/18): $0.45/BU.WORLD ENDING STOCKS PROJECTED UP 2,33 MMT         
TRENDS: PRICE-UP. OPEN INTEREST-FLAT. RANGE-YEARLY(387-575)            
TRADING: PRICE/MOVE UP-ABOVE TREND-HELD BY RESISTANCE@485- FORCE-NET SELLIING.
TARGETS: (466 485 505 525).COMMITMENTS-FORCE: COMMERCIAL MORE LONG. 

DOLLAR CAD/USD: (JUN/18)  4.00 DAILY LIMIT 
TRENDS: PRICE DOWN-OPEN INTEREST FLAT-RANGE-YEARLY-(6810-8295)
TRADING: PRICE FLAT-MOVE DOWN-BELOW TREND-RESISTANCE@7801-LESS FORCE NET SELLING-
TARGETS: (7696 7744 (7763-7801).COMMITMENTS-FORCE: COMMERCIAL LESS LONG.