GRAINS/CADUSD-TREND ANALYSIS-AUG 24/2018

MARKETS: PRICE SUPPLY/EMAND USING PREVAILING MOMENTUM OF TRADING
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 DOWN-RANGE (449-325
TRADING: FLAT-MOVE LOWER/LESS MOMENTUM-BELOW TREND-@361/SUPPORT-NET BUYING
TARGETS: (343 (361-379) 397)-COMMITMENTS REPORT: NON COMMERCIAL SHORT COVERING

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: FLAT/LESS MOMENTUM-BELOW TREND-@MID 905-873/SUPPORT-OFFSET SELLING
TARGETS: (931 (902-873) 844)-COMMITMENTS REPORT: NON COMMERCIAL SHORT COVERING

WHEAT (SEP/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS DOWN 1.92MMT PROJECTED
TRENDS: PRICE DOWN/STEEP-OPEN INTEREST DOWN-VOLUME FLAT-RANGE (575-387)
TRADING: DOWN/LESS MOMENTUM-DOWNSIDE TREND-@MID 525-505/SUPPORT-NET SELLING
TARGETS: (544-(525-505) 485)-COMMITMENTS REPORT: NON COMMERCIAL LONG/SHORT SELLING

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