Major Grains-CADUSD-Trends.Trading.Targets-Aug21/2020-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=+2.42MMT
TRENDS: PRICE UP/(LESS)-OPEN INTEREST DOWN-VOLUME DOWN-LONG TERM (473-302)

TRADED: DRIFT DOWN-ON TREND-CLOSED UP ABOVE 340-DEESCALATED-NET BUYING.  

TARGETS: (304 (322-340) 358)/NET COMMITMENTS-USERS LESS LONG/FUNDS LESS SHORT

SOYS (ZSX20). LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=(26.98)MMT 
TRENDS: PRICE UP/(LESS)-OPEN INTEREST-UP-VOLUME DOWN-LONG TERM (1067-791).
TRADED: FLAT-MOVE DOWN-OFF TREND-CLOSED BELOW 907-DEESCALATED-NET SELLING. 

TARGETS: (850 (878-907) 936)/NET COMMITMENTS: USERS MORE SHORT/FUNDS MORE LONG.

WHEAT (ZWZ20): LIMIT $0.35/BU WORLD END STOCKS/LESS CHINA-19/20=+1.42MMT 
TRENDS: PRICE UP(NEW)-OPEN INTEREST DOWN(NEW)-VOLUME FLAT-LONG TERM (593-387). 
TRADED: MOVE UP-ABOVE TREND-CLOSED UP MID(520-544)-DEESCALATED-NET BUYING.  

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

DOLLAR (D6U20): DAY LIMIT $4.00                    
TRENDS: PRICE UP/MAJOR-OPEN INTEREST UP-VOLUME FLAT-LONG TERM-(8295-6809)
TRADED: FLAT-ON TREND-CLOSED FLAT ABOVE 7563/TREND-DEESCALATED-NET BUYING.

TARGETS: (7480 (7563-7646) 7729)/COMMITMENTS:USERS MORE LONG/FUNDS MORE SHORT