Copper price surrenders to the major indicators’ negativity, forming bearish wave to fluctuate below the MA55 and approach 4.1500$ support line.

We expect to witness more temporary negative trades, noting that breaking the current support will force it to suffer additional losses that might extend towards 4.0200$, while regaining the bullish bias requires forming strong bullish rally to surpass 4.3300$ followed by starting to target the positive stations by moving towards 4.4500$.

The expected trading range for today is between 4.1500$ and 4.2600$

Trend forecast: Bearish

Ethereum price (ETHUSD) bounced bearishly after testing 3222.00$ level in the previous sessions, to reach the key support 3017.30$, noticing that the price attempts to recover and build new bullish wave, motivated by stochastic current positivity.

Until now, our neutrality still valid until the price confirms surpassing one of the above mentioned levels, noting that breaking the mentioned support will put the price under additional negative pressure that targets 2765.00$ areas on the near-term basis, while breaching the resistance will motivate the price to build new bullish wave that its first main target located at 3425.50$.

The expected trading range for today is between 2970.00$ support and 3260.00$ resistance.

Trend forecast: Neutral

Bitcoin price (BTCUSD) faced negative pressure to test the key support base 100150.00$, noticing that the price begins today with bullish bias in attempt to resume the expected bullish trend on the intraday basis, supported by stochastic gain to the positive momentum on the intraday time frames.

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaching 102900.00$ will ease the mission of achieving the expected target at 108350.45$, reminding you that breaking 100150.00$ will stop the bullish wave and push the price to decline and test 95195.00$ areas before any new attempt to rise.

The expected trading range for today is between 100000.00$ support and 106000.00$ resistance.

Trend forecast: Bullish

Corn price resumed its positive trading clearly to reach 500.00$ barrier now, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our next target is located at 516.00$.

Stochastic current negativity might slow down the suggested bullish wave, reminding you that the continuation of the bullish trend depends on the price stability above 487.30$.

The expected trading range for today is between 492.00$ support and 505.00$ resistance.

Trend forecast: Bullish