FARM COMMODITIES-TREND ANALYSIS-CLOSE APR 20/2018

MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING MOMENTUM OF TRADING
TRENDS: MOVE DOWN-ON LOWER HIGHS.MOVE UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO TRENDS,TARGETS, MOVES
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES.RESISTANCE.SUPPORT

CORN (MAY/18): $0.25/BU.WORLD ENDING STOCKS PROJECTED DOWN 1.34 MMT            
TRENDS: PRICE-UP/LESS REVISED 1X. OPEN INTEREST-DOWN. RANGE-YEARLY-(325-449)           
TRADING: MOVE DOWN-ON TREND-CLOSED BELOW SUPPORT@379-LESS FORCE-SELLING
TARGETS: (343 361 (379 397).COMMITMENTS-FORCE: NON COMMERCIAL LESS LONG 

SOYBEANS (MAY/18): $0.70/BU,WORLD ENDING STOCKS PROJECTED DOWN 3.60 MMT
TRENDS: PRICE-UP/LESS. OPEN INTEREST-DOWN. RANGE-YEARLY-(844-1186)
TRADING: MOVE DOWN-ABOVE TREND-CLOSED BELOW 1030-SAME FORCE-SELLING
TARGETS: (1018 (1030 1047) 1076).COMMITMENTS-FORCE: NON COMMERCIAL MORE LONG 

WHEAT (MAY/18): $0.45/BU.WORLD ENDING STOCKS PROJECTED UP 2,33 MMT         
TRENDS: PRICE-UP. OPEN INTEREST-UP. RANGE-YEARLY(387-575)            
TRADING: MOVE DOWN-LOWER HIGH-ABOVE TREND-CLOSED BELOW 466-MORE FORCE-SELLING.
TARGETS: (446 (466 485) 505).COMMITMENTS-FORCE: COMMERCIAL MORE LONG. 

DOLLAR CAD/USD: (JUN/18)  4.00 DAILY LIMIT 
TRENDS: PRICE-DOWN/NEW. OPEN INTEREST-DOWN. RANGE-YEARLY-(6810-8295)
TRADING: MOVE DOWN-DOWNSIDE TREND-MET SUPPORT@7838-MORE FORCE-SELLING
TARGETS: (7800 (7838 7883) 7965 8002).COMMITMENTS-FORCE: COMMERCIAL LESS LONG.