Major Grains+CADUSD-Trend Analysis-Sep18/2020-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-OPEN INTEREST UP-/MORE-VOLUME UP-RANGE LONG TERM (302-473)

TRADING: MOVE UP(MORE)-ABOVE TREND/RESISTANCE@376-DEESCALATED-BUYING-CLOSE UP.  

TARGETS: (340 (358-376) 394)/NET COMMITMENTS-USERS MORE SHORT/FUNDS MORE LONG

SOYS (ZSX20). LIMIT $0.60/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=(26.98)MMT 
TRENDS: PRICE UP/(STEEP)-OPEN INTEREST-UP/MORE-VOLUME UP-LONG TERM (791-1067).
TRADING: MOVE UP-ON TREND-LONG TERM RESISTANCE@1051-DEESCALATED-BUYiNG-CLOSE UP. 

TARGETS: (993 (1022-1051) 1079/NET COMMITMENTS: USERS MORE SHORT/FUNDS MORE LONG.

WHEAT (ZWZ20): LIMIT $0.40/BU WORLD END STOCKS/LESS CHINA-19/20=+1.42MMT 
TRENDS: PRICE UP(STEEP)-OPEN INTEREST DAY/UP-VOLUME UP/SHARP-LONG TERM (387-593). 
TRADING: MOVE UP-ON TREND-LONG TERM RESISTANCE@581-STEADY-BUYING-BULLISH.  

TARGETS: (520 (541-561) 581)/NET COMMITMENTS: USERS LESS SHORT/FUNDS LESS LONG

DOLLAR (D6Z20)(NEW): DAY LIMIT $4.00                    
TRENDS: PRICE DOWN-OPEN INTEREST UP-VOLUME UP\-LONG TERM-(8295-6809)
TRADING: UP-MOVE FLAT-TREND/RESISTANCE-7563/SUPPORT-STEADY-NET SELLING-CLOSE DOWN.

TARGETS: (7480 (7563-7646) 7729)/COMMITMENTS:USERS NOW SHORT/FUNDS FLAT SHORT