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Wheat

Daily Grain Futures Volatility Forecast 26 May 22 ZS ZC ZW WHEAT ZW 26 May 2022 The current volatility is expected with close to 90% chance to be below 4.17% In this case, our channel for today is going to be TOP 1180 BOT 1085 -------------------------------------------------------------------------------------------------------------------- CORN ZC 26 May 2022 The current volatility is expected with close to 90% chance to be below 2.41% In this case, our channel for today is going to be TOP 781 BOT 744 -------------------------------------------------------------------------------------------------------------------- SOYBEAN ZS 26 May 2022 The current volatility is expected with close to 90% chance to be below 2% In this case, our channel for today is going to be TOP 1709 BOT 1641 --------------------------------------------------------------------------------------------------------------------
CBOT:ZS1!
by exlux
Time to think out of the box 💡INVESTMENT CONTEXT Equities failed to sustain May 23 uptick, with bears firmly in control of the market sending Nasdaq in the low 11k bracket U.S. retailer Best Buy (BBY) missed EPS forecasts, but downplayed recession fears S&P Global’s Composite Purchasing Managers’ Index (PMI), a measure of the services and manufacturing industries, fell to 51.8 in May, its lowest level since February 2021; meanwhile, new home sales in the U.S. fell 26.9% on a yearly basis At Davos, Davos, George Soros remarked that “Indeed, the Russian invasion may turn out to be the beginning of World War III, and our civilization may not survive it“ After taking a leading role in Netflix (NFLX) one-day 30% slump, hedge fund manager Bill Ackman tweeted "Inflation is out of control (...) Markets are imploding because investors are not confident that the (Fed) will stop inflation. If the Fed doesn’t do its job, the market will do the Fed’s job" PROFZERO'S TAKE Tensions in Ukraine remain high after Russia's capture of the port-city of Mariupol. As EU's resolve is being tested by the concerns of some member States (Hungary in particular) on energy security, analysts see the conflict in Donbas dragging in a protracted war of attrition. ProfZero hasn't failed to notice the regained momentum of RUB in the wake of the growing fringe of European energy companies bowing to Moscow's request of supplies being paid in its own currency - yet the catch 22 is becoming thornier by the hour now that soft commodities vehemently entered the picture, escalating the crisis to a global level Russia may in fact be nearing default, as the U.S. Treasury Department said it would end as of May 25 a waiver that allowed Russia’s central bank to process payments to bondholders in USD through U.S. and international banks, on a case-by-case basis. The first tranche of interest on debt is scheduled for May 27, when EUR 100mln are due on two bonds. ProfZero has long been reporting the eventual default of Russia as a further aggravating catalyst to the overall macro scenario - now that the moment of truth nears, ripples from the eventual default also must be accounted for, starting from the consequences to soft commodities Buffett binging on U.S. equities while Soros calling the possible end of our civilization. Coincidence? As much as Bill Ackman, ProfZero only believes in the inescapable, cold efficiency of the market. Greed has all it takes to eat inflation's lunch ProfZero is starting to feel uneasy about the prolonged range-bound trading pattern drawn by BTC. Whilst impressed by the resilience of the entire blockchain space to the broader turmoil, and even more so by the rebound after LUNA's demise, ProfZero argues the current trading structure conjures fears of sudden, major drops should bears launch a short attack on the segment (much akin to the meltdown on April 29)
CME:BTC1!
by ProfZero
Volatility 19 May 22 Grains Commodities Futures CORN ZC Futures 19 May 2022 Based on the HV measures from the last 5612 candles our expected volatility for today is around 1.59% However, in order to increase our accuracy I am going to use a 1.25x multiplier => 1.99% This is translated into a movement from the current opening point of 15.48 With this information our top and bottom , with close to 85% probability for today are going to be TOP 797.5 BOT 766.5 WHEAT ZW Futures 19 May 2022 Based on the HV measures from the last 5600 candles our expected volatility for today is around 2.84% However, in order to increase our accuracy I am going to use a 1.25x multiplier => 3.55% This is translated into a movement from the current opening point of 43.13 With this information our top and bottom , with close to 84% probability for today are going to be TOP 1265.34 BOT 1178.65 SOYBEAN ZS Futures 19 May 2022 Based on the HV measures from the last 5600 candles our expected volatility for today is around 1.19% However, in order to increase our accuracy I am going to use a 1.25x multiplier => 1.49% This is translated into a movement from the current opening point of 24.82 With this information our top and bottom , with close to 84% probability for today are going to be TOP 1688.5 BOT 1639 OAT ZO Futures 19 May 2022 Based on the HV measures from the last 5600 candles our expected volatility for today is around 2.43% However, in order to increase our accuracy I am going to use a 1.25x multiplier => 3.04% This is translated into a movement from the current opening point of 19.56 With this information our top and bottom , with close to 84% probability for today are going to be TOP 664.35 BOT 625.15 COCOA CC Futures 19 May 2022 Based on the HV measures from the last 5615 candles our expected volatility for today is around 1.46% However, in order to increase our accuracy I am going to use a 1.25x multiplier => 1.82% This is translated into a movement from the current opening point of 44.98 With this information our top and bottom , with close to 85% probability for today are going to be TOP 2550.62 BOT 2459.4 COTTON CT Futures 19 May 2022 Based on the HV measures from the last 5615 candles our expected volatility for today is around 2.24% However, in order to increase our accuracy I am going to use a 1.25x multiplier => 2.8% This is translated into a movement from the current opening point of 4 With this information our top and bottom , with close to 85% probability for today are going to be TOP 148.5 BOT 140.5 COFFEE KC Futures 19 May 2022 Based on the HV measures from the last 5615 candles our expected volatility for today is around 2.94% However, in order to increase our accuracy I am going to use a 1.25x multiplier => 3.67% This is translated into a movement from the current opening point of 7.92 With this information our top and bottom , with close to 83% probability for today are going to be TOP 226 BOT 210
ICEUS:KC1!
by exlux
WHEAT CONTINUES RALLY2022 is not a typical year for the WHEAT. Not only it is a staple food for a big portion of the population, but after the beginning of the Ukrainian-Russian conflict, the supply of the commodity in Europe and other parts of the world is less than secure. It is expected Russia to use the wheat as a political weapon against countries that oppose its actions. That combined with the inflation the world is currently experiencing can suggest that the price of the commodity will keep rising. Both MACD and RSI are confirming the continuation of the bullish trend. If the rally continues, the price will test its previous high at 1347.19 USD. On the other hand, if predictions do not come to fruition and rally reverses, the price will first test its gap level at 1187.97 and then eventually its previous support at 1028.44 Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
WLong
by legacyFXofficial
Wheat Futures ( ZW1! ), H1 Bullish rise!Type : Bullish rise Resistance 1281'6 Pivot: 1240'6 Support : 1216'4 Preferred Case: With price above the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 1281'6 in line with the horizontal swing high resistance from our pivot at 1240'6 in line with the horizontal swing low support. Alternative scenario: Alternatively, price may break pivot structure and head for 1st support at 1216'4 in line with the 50% Fibonacci retracement and horizontal swing low support. Fundamentals: No Major News Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
CBOT:ZW1!Long
by Genesiv
Wheat prices are soaring higher and here is why:As of now wheat was in bull rally, updating new ATH's, since the start of Russia's war against Ukraine. Russia and Ukraine control over 30% of world wheat exports and now Ukraine can't export it's wheat because of navy blockade, and Russia tightens it's wheat export policies planning to use it as a weapon against unfriendly countries later. A couple months ago India announced that it will replace Ukraine and Russia with it's own exports, however Mother Nature didn't like those plans as India soon got hit by anomalous heatwave of 40-45 degrees across whole country. Those, On 14th of May India banned wheat exports as crop predictions got considerably lower. European Wheat futures already updated All-time highs, trading above 430€ and I don't think we are ever close to reaching reversal. From technical standpoint we see triangle and we need to see longer accumulation before breaking current all-time high. What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
CBOT:ZW1!Long
by Artem_Dishel
2
Wheat is soaring higher and will continue to grow. Here's why:As of now wheat was in bull rally, updating new ATH's, since the start of Russia's war against Ukraine. Russia and Ukraine control over 30% of world wheat exports and now Ukraine can't export it's wheat because of navy blockade, and Russia tightens it's wheat export policies planning to use it as a weapon against unfriendly countries later. A couple months ago India announced that it will replace Ukraine and Russia with it's own exports, however Mother Nature didn't like those plans as India soon got hit by anomalous heatwave of 40-45 degrees across whole country. Those, On 14th of May India banned wheat exports as crop predictions got considerably lower. European Wheat futures already updated All-time highs, trading above 430€ and I don't think we are ever close to reaching reversal. From technical standpoint we see triangle and we need more accumulation before breaking current all-time high. What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
CBOT:ZW1!Long
by Artem_Dishel
Mar 12 22-Wheat Buy? Will it go to ATH?So is it time to buy? Wheat ended going on a tear today - straight up!! Question is .... for all of you who didn't get in on the profits today, do you get in now and go long? Or do you wait for a Sell Signal and go short? Hard to say - I did make some money today going long, but I TP wayyyyy too early. Anyway, now I'm in the same boat as you guys - get in now or wait? Went up 100 points at the evening open - I shoulda put in a Buy Order right away - missed that one too. Thoughts anyone? Heiko
CBOT:ZW1!
by HEIKOTradingSystem
Wheat Futures ( ZC1! ), H1 Potential for Bullish bounceType : Bullish Bounce Resistance : 1196'4 Pivot: 1154'2 Support : 1132'6 Preferred Case: With price moving above our ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance in line with the horizontal swing high resistance from our pivot of 1154'2 in line with the 38.2% Fibonacci retracement and and 78.6% Fibonacci project. Alternative scenario: Alternatively, price may break pivot structure and head for 1st support in line with the pullback support. Fundamentals: No Major News
CBOT:ZW1!Long
by Genesiv
Wheat Futures ( ZW1! ), H1 Bullish rise!Type : Bullish rise Resistance 1132'6 Pivot: 1106'4 Support : 1084'4 Preferred Case: With price breaking above the ichimoku cloud and making a new high on the donchian channel, we have a bullish bias that price will rise to our 1st resistance in line with the horizontal swing high resistance and 100% Fibonacci projection from our pivot in line with the pullback support. Alternative scenario: Alternatively, price may break pivot structure and head for 1st support in line with the 50% Fibonacci retracement. Fundamentals: No Major News
CBOT:ZW1!Long
by Genesiv
Wheat Futures ( ZW1! ), H1 Bullish rise!Type : Bullish rise Resistance 1132'6 Pivot: 1084'2 Support : 1068'2 Preferred Case: With price bouncing off the ichimoku cloud support, we have a bullish bias that price will rise to our 1st resistance in line with the horizontal swing high resistance from our pivot in line with the horizontal swing low support and 50% Fibonacci retracement. Alternative scenario: Alternatively, price may break pivot structure and head for 1st support in line with the 61.8% Fibonacci retracement. Fundamentals: No Major News
CBOT:ZW1!Long
by Genesiv
Wheat Futures ( ZS1! ), H1 Bullish rise!Type : Bullish rise Resistance 1143'0 Pivot: 1123'0 Support : 1105'2 Preferred Case: With price moving above the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance in line with the 161.8% Fibonacci extension from our pivot in line with the horizontal pullback support and 23.6% Fibonacci retracement. Alternative scenario: Alternatively, price may break pivot structure and head for 1st support in line with the 61.8% Fibonacci retracement. Fundamentals: No Major News
CBOT:ZW1!Long
by Genesiv