MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APR16/2020-THUR

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-VOLATILITY (HI/LO PRICE RANGE LENGTH)-ACTIVITY-TREND-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(473-325).
TRADED FLAT-LESS VOLATILITY-MIXED SELLING-OVERSOLD-MEETING SUPPORT@325-BOTTOM.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-COMS ACCUMULATED/NON COMS SOLD SHORT

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN. OPEN INTEREST-UP. VOLUME-UP/LESS. LONG TERM-RANGE-(1067-791).
TRADING DOWN-LESS VOLATILITY-SELLING-OVERSOLD-CLOSED DOWN BELOW SUPPORT@850. 
TARGETS/(907 (878-850) 821)/NET COMMITMENTS-COMS SOLD SHORT/NON COMS ACCUMULATED

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN-OPEN INTEREST-UP. VOLUME-UP/LESS. LONG TERM RANGE-(593-387). 
TRADING DOWN-LESS VOLATILITY-NET SELLING-ON STEEP MINOR/LONG TERM TREND-BELOW 535.    
TARGETS/(580 (557-535) 513)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN/NEW. OPEN INTEREST-UP. VOLUME-UP/LESS. LONG TERM-(8295-6809)
TRADED DOWN-LESS VOLATILITY-MIXED BUYING-ABOVE REVISED TREND-CLOSED BELOW 7109-.
TARGETS/(7197 (7109) 7021)/NET COMMITMENTS-COMS COVERED/NON COMS LIQUIDATED