Wheat Weekly Forecast

This/Next Week Forecast (June 6 – 10, 2022)

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1075, which will be followed by moving up to resistance level 1143.4.
Downtrend scenario
An downtrend will start as soon, as the pair drops below support level 1027.2, which will be followed by moving down to support level 972.

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

Monthly Forecast, June 2022

Uptrend scenario
The uptrend may be expected to continue, while pair is trading above support level 1143.4, which will be followed by reaching resistance level 1350.
Downtrend scenario
An downtrend will start as soon, as the pair drops below support level 1143.4, which will be followed by moving down to support level 971.

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

Share on facebook
Share on twitter
Share on linkedin