Thursday Forecast

Uptrend scenario

An uptrend will start as soon, as the market rises above resistance level 399, which will be followed by moving up to resistance level 412.

Downtrend scenario

The downtrend may be expected to continue, while market is trading below resistance level 399, which will be followed by reaching support level 390 - 386.

Corn

This/Next Week Forecast (October 12 - 16, 2020)

Uptrend scenario

The uptrend may be expected to continue, while market is trading above support level 390, which will be followed by reaching resistance level 412.

Downtrend scenario

An downtrend will start as soon, as the market drops below support level 390, which will be followed by moving down to support level 375 355.

Corn

Previous week corn price forecast

Corn

Fundamental Analysis

Difference between supply and demand showing fair price on the level 370.

Corn

Corn Price Forecast 2020, Long-Term (Quarter III: July - September, 2020)

Uptrend scenario

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 scenario

The downtrend may be expected to continue, while market is trading below resistance level 321, which will be followed by reaching support level 262.

Corn

All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to buy or sell any trading instrument. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor.

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