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Corn Futures Bearish Momentum With A 5% Slide In The Last 10 Sessions

(VIANEWS) – Corn (ZC) has been up by 5.01% for the last 10 sessions. At 14:52 EST on Tuesday, 31 October, Corn (ZC) is $479.00.

Volume

Today’s last reported volume for Corn is 119816, 7.91% below its average volume of 130110.31.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.12%, a positive 0.08%, and a positive 1.86%, respectively.

Corn’s highest amplitude of average volatility was 0.45% (last week), 0.90% (last month), and 1.86% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Corn’s commodity is considered to be oversold (<=20).

News about

  • According to FXStreet on Monday, 30 October, "The daily chart portrays the US Crude Oil as neutral to upward biased, likely to find support at the October 6 low of $81.56, ahead of sliding past the bottom Bollinger’s band. "
  • According to DailyForex on Sunday, 29 October, "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});WTI Crude Oil (US Oil)"
  • According to FXStreet on Tuesday, 31 October, " Looking ahead, oil traders will monitor the API and EIA weekly Crude Oil stock report for the week ending on October 27 due on Wednesday. "
  • Crude oil forecast: markets continue to move on external factors – 30 October 2023. According to DailyForex on Monday, 30 October, "In the end, both WTI Crude Oil and Brent markets find themselves at critical junctures, with future directions hinging on their ability to navigate key resistance and support levels, as well as their response to geopolitical events and global risk dynamics. "
  • According to FXStreet on Monday, 30 October, "Apart from this, the prelim Euro Zone GDP prints, along with the US jobs report (NFP), should provide some meaningful impetus to Crude Oil prices.", "This, in turn, makes it prudent to wait for a sustained move in either direction before placing aggressive bets around Crude Oil prices."

More news about Corn (ZC).

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