Major Grains-CADUSD-Trends-Trading-Targets-Aug04/2022-Thur.

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 6.68MMT 
TRENDS: PRICE: UP/MODERATE-OPEN INTREST-UP-VOL-DOWN-(782.6-300.2).
TRADING: UP-TESTED/CLOSE UP BELOW TREND@607 NET BUYING-ACTIVE
TARGETS: 558(582-607)632-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

SOYS (ZSX22)/NOV: ENDING STOCKS/(LESS CHINA)-22/23-UP 11.06MMT 
TRENDS: PRICE: UP/STEEP-OPEN INTEREST: DOWN-VOLUME-DOWN-(1765-780.4).
TRADING: UP-TESTED/CLOSE UP ABOVE TREND-MID(1402-1440)-BUYING-ACTIVE.   
TARGETS: (1365(1402-1440)1478-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

WHEAT (ZWU22)/SEP: ENDING STOCKS/(LESS CHINA) 22/23-DOWN 12.15MMT.
TRENDS: PRICE: DOWN/SHARP-OPEN INTEREST: DOWN-VOLUME: FLAT-(1363.4-386.4).  
TRADING: FLAT-RESISTANCE/CLOSE@TREND-MID(799-771)-BUYING-LESS ACTIVE.
TARGETS: 822(799-771)743 COMMERCIAL MORE LONG-NON COMM/LESS LONG.

DOLLAR (D6U22)/SEP                  

TRENDS: PRICE: FLAT CHANNEL-OPEN INTEREST: DOWN-VOLUME: DOWN-(8321-6820).
TRADING: UP/BELOW CHANNEL TOP-TESTED/CLOSE@7787-BUYING-QUIET.

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