MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APR28/2020-TUES

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/MORE, OPEN INTEREST-DOWN/LESS. VOLUME-DOWN. LONG TERM-(473-302).
TRADED DOWN-DEESCALATED-SELLING-ABOVE REVISED TREND-SUPPORT PREVAILED AGAIN@314.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-COMS ACCUMULATED/NON COMS COVERED.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN. OPEN INTEREST-UP/LESS. VOLUME-FLAT. LONG TERM-RANGE-(1067-791).
TRADING DOWN/STEEP-DEESCALATED-NET SELLING-ON TREND-MID 850-821-CLOSED ON TREND. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN.-OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM RANGE-(593-387). 
TRADED DOWN-STEADY-MIXED-ABOVE TREND-SUPPORT@520-POTENTIAL CONVERGENCE.    
TARGETS/(557 (535-513) 491)/NET COMMITMENTS-COMS /NON COMS FLAT IN OFFSET

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADED UP-ESCALATED-NET BUYING-ON TREND-TESTED/CLOSED UP@7150-CONVERGING
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-COMS COVERED/NON COMS IN OFFSET