financetom
Technology
financetom
/
Technology
/
Corn price breaches the resistance – Forecast today - 24-04-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Corn price breaches the resistance – Forecast today - 24-04-2024
Apr 23, 2024 10:19 PM

Corn Price Expected Scenario Corn price managed to breach the 449.20$ level and close the daily candlestick below it, reinforcing the expectations of continuing the correctional bullish trend, affected by the previously completed inverted head and shoulders pattern, reminding you that our awaited targets begin at 461.90$ and extend to 474.70$. The EMA50 supports the continuation of the suggested bullish wave, which will remain valid unless breaking 443.50$ and holding below it. Expected Trading Range The expected trading range for today is between 445.00$ support and 460.00$ resistance.

Trend Forecast: Bullish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Inquiry Into Cisco Systems's Competitor Dynamics In Communications Equipment Industry
Inquiry Into Cisco Systems's Competitor Dynamics In Communications Equipment Industry
Jul 4, 2024
In today's fast-paced and highly competitive business world, it is crucial for investors and industry followers to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating Cisco Systems ( CSCO ) in relation to its major competitors in the Communications Equipment industry. By closely examining key financial metrics, market standing, and growth prospects,...
Nissan And Honda Play Tesla Catchup — Considering EV Charging Tie-Up To Boost Competitiveness
Nissan And Honda Play Tesla Catchup — Considering EV Charging Tie-Up To Boost Competitiveness
Jul 3, 2024
Nissan Motor Co., Ltd. ( NSANF ) and Honda Motor Co., Ltd. ( HMC ) are contemplating a collaboration in the development of automotive software and EV charging infrastructure to enhance their competitiveness in the electric vehicle market. What Happened: The two Japanese automakers are considering a partnership to jointly develop operating systems and other automotive software, which could potentially...
Australia spy agency moves intelligence data to cloud in Amazon deal
Australia spy agency moves intelligence data to cloud in Amazon deal
Jul 3, 2024
SYDNEY (Reuters) - Australia will move its top secret intelligence data to the cloud under a A$2 billion deal with Amazon Web Services that Defence Minister Richard Marles said would boost defence force interoperability with the United States. The Director General of the Australian Signals Directorate, Rachel Noble, said the national security agency would also increase its use of artificial...
Huawei exec rejects idea that advanced chip shortage will hamper China's AI ambitions
Huawei exec rejects idea that advanced chip shortage will hamper China's AI ambitions
Jul 4, 2024
BEIJING (Reuters) - A senior executive at Chinese technology giant Huawei on Thursday dismissed the idea that a shortage of the most advanced artificial intelligence chips will hinder the country's aim to be a leader in AI, but said innovation is needed to address the issue. The comments by Zhang Ping'an, CEO of Huawei Cloud, comes amid tighter U.S. restrictions...
Copyright 2023-2024 - www.financetom.com All Rights Reserved