GRAINS-CADUSD-TREND ANALYSIS-AUG 23/2018

MARKETS: PRICE SUPPLY/EMAND USING PREVAILING MOMENTUM OF TREADING
TRENDS; LINES DOWN-CONNECTING LOWER HIGHS, UP-CONNECTING HIGHER LOWS
TRADING: DIRECTION/LENGTH OF PRICE RANGE. RELATIVE TO MOVES TRENDS TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES RESISTANCE/SUPPORT

CORN (DEC/18): DAILY LIMIT $0.40/BU WORLD ENDING STOCKS UP 0.80MMT PROJECTED
TRENDS: PRICE UP/LESS-OPEN INTEREST DOWN/LESS-VOLUME UP-RANGE (449-325
TRADING: MOVE LOWER/MORE MOMENTUM-DOWNSIDE TREND-MET SUPPORT@361-SELLING
TARGETS: (343 (361-379) 397)-COMMITMENTS REPORT/OFFSET COVERING/LIQUIDATION

SOYBEAN (NOV/18): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS UP 7.67MMT PROJECTED
TRENDS: PRICE DOWN/3RD REVISED-OPEN INTEREST DOWN-VOLUME FLAT-RANGE (1186-826)
TRADING:MOVE LOWER/MORE MOMENTUM-ON TREND-MET SUPPORT MID 905-873-SELLING
TARGETS: (931 (902-873) 844)-COMMITMENTS REPORT/NON COMMERCIAL LONG LIQUIDATION

WHEAT (SEP/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS DOWN 1.92MMT PROJECTED
TRENDS: PRICE DOWN/MORE-OPEN INTEREST DOWN-VOLUME FLAT-RANGE (575-387)
TRADING: FLAT/MORE MOMENTUM-BELOW TREND-TESTED/CLOSED BELOW 525-NET SELLING
TARGETS: (564 (544-525) 505)-COMMITMENTS REPORT/LIQUIDATION/SHORT SELLING

DOLLAR CAD/USD: (SEP/18) DAILY LIMIT $4.00
TRENDS: PRICE DOWN-OPEN INTEREST UP/LESS-VOLUME DOWN-RANGE (8295-6810)
TRADING: LOWER/MORE MOMENTUM-CLOSER ABOVE TREND-MET SUPPORT@7635-SELLING
TARGETS: (7800 (7718-7635) 7553)-COMMITMENTS REPORT/NON COMMERCIAL LIQUIDATION