FARM COMMODITIES-TREND ANALYSIS-CLOSE APR 4/2018

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 3.97 MMT            
TRENDS: PRICE-UP.OPEN INTEREST-UP/LESS PARALLEL.RANGE-YEARLY-(325-449)           
TRADING: DOWN.CORRECTION.LOWER HIGH.BELOW TREND/392.MORE MOMENTUM.MIXED
TARGETS: (379 397) 415 433).COMMITMENTS.NON COMMERCIAL LESS NET LONG 

SOYBEANS (MAY/18): $0.70/BU,WORLD ENDING STOCKS PROJECTED DOWN 3.74 MMT
TRENDS: PRICE-UP.OPEN INTEREST-UP/ON TREND.RANGE-YEARLY-(844-1186)
TRADING: DOWN.PIERCED TREND/MET HEAD-SHOULDER OBJECTIVE 981.MOMENTUM.MIXED
TARGETS: (989 (1018 1047) 1076).COMMITMENTS.COMMERCIAL LESS NET SHORT 

WHEAT (MAY/18): $0.45/BU.WORLD ENDING STOCKS PROJECTED UP 2,79 MMT         
TRENDS: PRICE-UP.OPEN INTEREST-DOWN/ON TREND.RANGE-YEARLY(387-575)            
TRADING: DOWN.ON TREND.TESTED 446/CLOSED@455.MORE MOMENTUM STEADY.BUYING.
TARGETS: (446 460 466) 485 505).COMMITMENTS-NON COMMERCIAL MORE NET SHORT. 

DOLLAR CAD/USD: (JUN/18)  4.00 DAILY LIMIT 
TRENDS: PRICE-DOWN/LESS STEEP. OPEN INTEREST-DOWN.RANGE-YEARLY-(6810-8295)
TRADING: FLAT.ABOVE TREND.STRONG RESISTANCE@7840 LEVEL.LESS MOMENTUM.OFFSET
TARGETS: (7840 (7749 7657) 7566).COMMITMENTS.COMMERCIAL.NET LONG ON COVERING.