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Bitcoin price (BTCUSD) awaits confirmation signal – Forecast today - 07-02-2025
Bitcoin price (BTCUSD) still stuck between the trend keys represented by 95195.00$ support and 100000.00$ resistance, which makes us continue with our neutrality until the price surpassed one of these levels followed by detecting its next destination clearly.
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Wheat price hits the target – Forecast today - 07-02-2025
Wheat price rallied upwards strongly yesterday to succeed achieving our waited target at 599.00$, which represents 38.2% Fibonacci correction level for the entire decline measured from 728.30$ to 519.10$, which means that breaching it will push the price to achieve additional bullish correction that its next target reaches 623.70$.
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Sugar price faces solid resistance – Forecast today - 07-02-2025
Sugar price attempted to breach 18.42$ but it couldn’t manage to hold above it, to show bearish bias and approach the EMA50, noticing that the price faces contradiction between the technical indicators that makes us prefer to stay aside until we get clearer signal for the next trend.
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Soybean price resumes the rise – Forecast today - 07-02-2025
Soybean price rebounds bullishly after the decline that it witnessed in the previous sessions, as it leaned on the EMA50 that formed solid support against the price, to head towards achieving more expected gains in the upcoming sessions.
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