Wheat Weekly Forecast

This/Next Week Forecast (March 22 – 26, 2021)

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 633, which will be followed by moving up to resistance level 660.
Downtrend scenario
The downtrend may be expected to continue in case the market drops below support level 624, which will be followed by reaching support level 593 and 572.

Chart Wheat This/Next Week Forecast, Technical Analysis

previous week forecast
Chart Wheat This/Next Week Forecast, Technical Analysis

Fundamental Analysis

Difference between supply and demand shows fair price on the level 570.

Wheat Market Fundamental Analysis Ending Stocks US With World

Monthly Forecast, March 2021

Uptrend scenario
The uptrend may be expected to continue in case the market rises above resistance level 693, which will be followed by reaching resistance level 744.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 624, which will be followed by moving down to support level 572.

Chart Wheat Forecast 2020, Long-term Outlook, Technical Analysis

previous month forecast

Share on facebook
Share on twitter
Share on linkedin

LEARN TO ANALYZE AND FORECAST THE MARKETS

Stage One $1995
Stage Two $1995
Stage Three $1995

PROLONGUE TRAINING

Mentorship $1250