GRAINS/FOREX-TREND ANALYSIS-AUG 14/2018

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-VOLUME DOWN-RANGE (449-325)
TRADING: UP/FLAT MOVE/EQUAL MOMENTUM-ABOVE REVISED TREND-BELOW 379-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-OPEN INTEREST DOWN/LESS-VOLUME DOWN-RANGE (1186-826)
TRADING: UP/LESS MOMENTUM-ABOVE TREND/HIGHER LOW-CLOSED UP ABOVE 873-NET BUYING
TARGETS: (902 (873-844) 815)-COMMITMENTS REPORT/COMMERCIAL LONG ACCUMULATION

WHEAT (SEP/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS DOWN 1.92MMT PROJECTED
TRENDS: PRICE DOWN-OPEN INTEREST DOWN/LESS-VOLUME DOWN-RANGE (575-387)
TRADING: FLAT/MOVE DOWN/LESS MOMENTUM-ABOVE TREND-RESISTANCE@544-BUYING
TARGETS: (564 (544-525) 505)-COMMITMENTS REPORT/COMMERCIAL SHORT SELLING

DOLLAR CAD/USD: (SEP/18) DAILY LIMIT $4.00
TRENDS: PRICE DOWN-OPEN INTEREST UP-VOLUME FLAT-RANGE (8295-6810)
TRADING: UP/LESS MOMENTUM-ON TREND TESTED/CLOSED ABOVE RESISTANCE@7635-BUYING
TARGETS: (7718 (7635-7553) 7470)-COMMITMENTS REPORT/NON-COMMERCIAL C0VERING