Corn This/Next Week Price Forecast, Technical Analysis, Market Outlook
(August 10 – 14)
Uptrend
An uptrend will start as soon, as the market rises above resistance level 313.5, which will be followed by moving up to resistance level 321 and if it keeps on moving up above that level, we may expect the market to reach resistance level 340.
Downtrend
The downtrend may be expected to continue, while market is trading below resistance level 313.5, which will be followed by reaching support level 302.
Corn Long-Term Price Forecast, Technical Analysis, Market Outlook
(Quarter III: July – September, 2020)
Uptrend
An uptrend will start as soon, as the market rises above resistance level 321, which will be followed by moving up to resistance level 354 and if it keeps on moving up above that level, we may expect the market to reach resistance level 390.
Downtrend
The downtrend may be expected to continue, while market is trading below resistance level 321, which will be followed by reaching support level 262.