GRAINS/CADUSD-TREND ANALYSIS-AUG 28/2018

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 DOWN/ORIGINAL-OPEN INTEREST DOWN/LESS-VOLUME UP-RANGE (449-325)
TRADING: MOVE DOWN/STEADY-BELOW TREND-CLOSED BELOW 361/SUPPORT-NET SELLING
TARGETS: (397 (379-361) 343)-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 FLAT-VOLUME FLAT-RANGE (1186-826)
TRADING: MOVE DOWN/MORE MOMENTUM-OVERSOLD-TESTED/CLOSED BELOW 844-SELLING
TARGETS: (902 (873-844) 815)-COMMITMENTS REPORT: NON COMMERCIAL SHORT COVERING

WHEAT (SEP/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS DOWN 1.92MMT PROJECTED
TRENDS: PRICE DOWN-OPEN INTEREST DOWN-VOLUME FLAT-RANGE (575-387)
TRADING: MOVE DOWN/STEEP-LESS FORCE-CONSECUTIVE CLOSE BELOW TREND/505-SELLING
TARGETS: (525 (505-485) 466)-COMMITMENTS REPORT: NON COMMERCIAL LONG/SHORT SELLING

DOLLAR CAD/USD: (SEP/18) DAILY LIMIT $4.00
TRENDS: PRICE UP-OPEN INTEREST UP/FLAT-VOLUME UP-RANGE (8295-6810)
TRADING: MOVE UP/LESS FORCE-ABOVE TREND-TESTED/CLOSED ABOVE 7718-NET BUYING
TARGETS: (7635 (7718-7800) 7883)-COMMITMENTS REPORT/NON COMMERCIAL LIQUIDATION