Major Grains+CADUSD-Trends/Trading/Targets-JUL31/2020-FRI

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

CORN (ZCZ20). LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 18.83MMT
TRENDS: PRICE DOWN-OPEN INTEREST UP/MORE -VOLUME DOWN -LONG TERM RANGE (473-302)

TRADED: DOWN-MOVE DOWN-TREND AS RESISTANCE-ABOVE 322/SUPPORT-ESCALATED-SELLING   

TARGETS: (322-340) 358)/NET COMMITMENTS-USERS MORE LONG/FUNDS MORE SHORT

SOYS (ZSX20). LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN-2.13MMT 
TRENDS: PRICE UP-OPEN INTEREST-UP/SLOW -VOLUME FLAT -LONG TERM RANGE (1067-791).
TRADED: UP-BACK ON TREND-889 AS SUPPORT-DEESCALATED-NET BUYING-CLOSE UP-NEW LOW. 
TARGETS: (831 (860-889) 917)/NET COMMITMENTS: USERS LESS SHORT/FUNDS LESS LONG
.
WHEAT (ZWU20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 0.22MMT 
TRENDS: PRICE UP/STRONG-OPEN INTEREST FLAT-VOLUME FLAT -LONG TERM (593-387). 
TRADED: FLAT-MOVE UP-TREND-MID(520-544)-SELLING@MEASURED RESISTANCE-CLOSED UP.  

TARGETS: (495 (520-544) 569)/NET COMMITMENTS: USERS FLAT LONG/FUNDS FLAT LONG

DOLLAR (D6U20): DAY LIMIT $4.00                    
TRENDS: PRICE UP/MAJOR -OPEN INTEREST UP -VOLUME UP -LONG TERM-(8295-6809)
TRADED: FLAT-MET RESISTANCE@TREND/7480-DEESCALATED-BUYING-CLOSE UP@TREND.

TARGETS: (7315 (7398-7480) 7563)/NET COMMITMENTS: USERS LESS LONG/FUNDS FLAT LONG