Major Grains-CADUSD-Trends-Trading-Targets-Aug12/2022-Fri.

MARKETS: PRICE SUPPLY/DEMAND-PER TRADING ACTIVITY|
TRENDS: LINES: DISTINCT LOWS (UP)/DISTINCT HIGHS (DOWN)
TRADING: MOVE-TREND LINE-TARGET-CLOSE-MOMENTUM.
TARGETS: PROJECTED PRICE POINTS OF RESISTANCE/SUPPORT

CORN (ZCZ22)/DEC: ENDING STOCKS/(LESS CHINA)-22/23-UP 0.86MMT 
TREND: PRICE: UP OPEN INTEREST: UP-VOLUME:HIGH-(782.6-300.2).
TRADING: UP/ON TREND-CLOSE UP-RESISTANCE/MID(632-657)HELD-ACTIVE.
TARGETS: 582(632-657)683-COMMERCIAL/MORE SHORT-NON COMM/MORE  LONG.

SOYS (ZSX22)/NOV: ENDING STOCKS/(LESS CHINA)-22/23-UP 10.95MMT 
TRENDS: PRICE: UP/STEEP-OPEN INTEREST: FLAT-VOLUME-HIGH-(1765-780.4).
TRADING: UP-TESTED/CLOSE UP ABOVE TREND-RESISTANCE MID(1440-1478)HELD.   
TARGETS: (1365(1402-1440)1478-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

WHEAT (ZWU22)/DEC-NEW: ENDING STOCKS/(LESS CHINA) 22/23-DOWN 11.61MMT.
TRENDS: PRICE: UP/STEEP-OPEN INTEREST: UP-VOLUME: FLAT-(1363.4-386.4).  
TRADING: DOWN-ON TREND/SUPPORT@799-ACTIVE-SELLING-CLOSE DOWN.
TARGETS: 799(822-851)881 COMMERCIAL LESS LONG-NON COMM LESS SHORT.

DOLLAR (D6U22)/SEP                  

TRENDS: PRICE: FLAT CHANNEL-OPEN INTEREST: FLAT-VOLUME: DOWN-(8321-6820).
TRADING: DOWN/ON TOP-RESISTANCE@LAST HIGH/MID(7786-7876)HELD.

TARGETS: 7876(7787-7699)7611-COMMERCIAL LESS SHORT-NON COMM/MORE LONG.