Bitcoin price (BTCUSD) managed to break 95195.00$ and closed the previous daily candlesticks below it, which supports the continuation of the expected correctional bearish trend on the intraday and short-term basis, waiting to visit 91000.00$ followed by 87055.00$ levels that represent our next negative targets.

The bearish channel organizes the suggested bearish wave, noting that breaching 95195.00$ followed by 96140.00$ levels will stop the expected decline and lead the price to regain the main bullish trend again.

The expected trading range for today is between 91000.00$ support and 95500.00$ resistance.

Trend forecast: Bearish

Wheat price continued to rise to complete forming double bottom pattern as appears on the chart, to head towards achieving expected gains on the intraday basis, targeting testing 568.50$ areas before turning back to decline again.

Therefore, the bullish bias will be suggested for today, noting that breaking 545.70$ will stop the positive scenario and push the price to resume the main bearish trend again.

The expected trading range for today is between 545.00$ support and 560.00$ resistance.

Trend forecast: Bullis

Corn price shows more bullish bias to move away from 454.00$ level, to keep the bullish trend active, reminding you that our targets begin at 463.30$ and extend to 474.60$ after breaching the previous level.

The EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 454.00$.

The expected trading range for today is between 452.00$ support and 465.00$ resistance.

Trend forecast: Bullish

The USDCHF price shows positive trades by today’s open to breach 0.9014 level and attempts to hold above it, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, paving the way to head towards our next target at 0.9100.

The EMA50 supports the suggested bullish wave, noting that breaking 0.8980 will put the price under negative pressure that targets 0.8883 areas before any new attempt to rise.

The expected trading range for today is between 0.8960 support and 0.9090 resistance.

Trend forecast: Bullish