GRAINS-CAD/USD TREND ANALYSIS NOV 06/2018

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TREND; DOWN-LINE JOINING DOWNWARD MAJOR HIGHS, UP-LINE JOINING UPWARD MAJOR LOWS
TRADING: MOMENTUM RELATIVE TO: PRICE RANGE-PRICE MOVES-TRENDS-TARGETS+COMMENT
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES RESISTANCE/SUPPORT

CORN (DEC/18): DAILY LIMIT $0.40/BU WORLD ENDING STOCKS UP 2.32/MMT PROJECTED
TRENDS: PRICE UP/LESS-2ND REVISION-OPEN INTEREST UP WEEKLY-VOLUME DOWN-RANGE (449-325)
TRADING: LOST MOMENTUM-MOVE UP-ABOVE TREND-RESISTANCE@371/MID RANGE-OFFSET SELLING
TARGETS: (343 (362-380) 399)-COMMITMENTS/MOMENTUM: COMMERCIAL LONG ACCUMULATION

SOYBEAN (JAN/19): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS UP 1.28/MMT PROJECTED
TRENDS: PRICE UP/LESS-1ST REVISION -OPEN INTEREST-DOWN-VOLUME DOWN-RANGE (1067-826)
TRADING: LOST MOMENTUM-MOVE UP/FLAT-ALONG-TREND-SUPPORT@873/MID RANGE-MATCHED
TARGETS: (840 (869-897) 926)-COMMITMENTS/MOMENTUM: COMMERCIAL SHORT COVERING

WHEAT (DEC/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS DOWN 1.11/MMT PROJECTED
TRENDS: PRICE DOWN/LESS-2ND REVISION-OPEN INTEREST FLAT-VOLUME FLAT-RANGE (405-593)
TRADING: STEADY MOMENTUM-MOVE UP-TESTED/CLOSED ABOVE TREND/505-NET BUYING
TARGETS: (466 (485-505) 525)-COMMITMENTS MOMENTUM: COMMERCIAL LONG ACCUMULATION 

DOLLAR CAD/USD: (DEC/18) DAILY LIMIT $4.00
TRENDS: PRICE DOWN-OPEN INTEREST FLAT-VOLUME DOWN-RANGE (8295-6810)
TRADING: GAINED MOMENTUM-MOVE DOWN-ALONG TREND-BELOW 7653- SELLING
TARGETS: (7566 (7653-7739)-7826)-COMMITMENTS MOMENTUM: COMMERCIAL LONG LIQUIDATION