Major Grains+CADUSD-Trends/Trading/Targets-July16/2020-Thur

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

CORN (ZCZ20). LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.82MMT
TRENDS: PRICE UP/REVISED-OPEN INTEREST UP -VOLUME DOWN -LONG TERM RANGE (473-302)
TRADED: UP-ABOVE TREND-@340/RESISTANCE-STEADY-NET BUYING-CLOSE UP-1ST HIGHER LOW   
TARGETS: (322-340) 358)/COMMITMENTS-USERS LESS NET LONG/FUNDS LESS NET SHORT.

SOYS (ZSX20). LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN-2.13MMT 
TRENDS: PRICE UP/MORE -OPEN INTEREST DOWN -VOLUME DOWN -LONG TERM RANGE (1067-791).
TRADED: UP-MOVE UP-ABOVE TREND/889-ESCALATED-BUYING-CLOSED UP-2ND HIGHER LOW. 
TARGETS: (831 (860-889) 917)/COMMITMENTS-USERS MORE NET SHORT/FUNDS MORE NET LONG
.
WHEAT (ZWU20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 0.22MMT 
TRENDS: PRICE UP/STEEP-OPEN INTEREST DOWN -VOLUME DOWN -LONG TERM (593-387). 
TRADED: FLAT-ON/UPSIDE TREND-CLOSED BELOW 544-STEADY-SELLING-MEASURED RESISTANCE .  
TARGETS: (495 (520-544) 569)/COMMITMENTS-USERS FLAT NET LONG /FUNDS FLAT NET SHORT 

DOLLAR (D6U20) CAD/USD : DAY LIMIT $4.00                    
TRENDS: PRICE UP -OPEN INTEREST UP/LESS -VOLUME DOWN -LONG TERM-(8295-6809)
TRADED: FLAT-MOVE UP-ON TREND/@7398-DEESCALATED-SELLING-CLOSE DOWN-CONSOLIDATION.
TARGETS: (7232 (7315-7398) 7480)/COMMITMENTS-USERS LESS NET LONG/FUNDS LESS NET SHORT