MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APR17/2020-FRI

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 UP-VOLATILITY STEADY-NET BUYING-BELOW/PARALLEL TO TREND-ABOVE 325/BOTTOM.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN/MORE. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-RANGE-(1067-791).
TRADING DOWN-VOLATILITY STEADY-NET SELLING-UPSIDE TREND-RESISTANCE PREVAILED@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/STEEP-OPEN INTEREST-UP. VOLUME-UP. LONG TERM RANGE-(593-387). 
TRADING DOWN-LESS VOLATILITY-NET BUYING-ALONG TREND-RESISTANCE PREVAILED@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-DOWN. LONG TERM-(8295-6809)
TRADED UP-VOLATILITY STEADY-BUYING-ABOVE REVISED TREND-CLOSED ABOVE 7109-.
TARGETS/(7197 (7109) 7021)/NET COMMITMENTS-COMS/NON COMS BOTH ACCUMULATED