Bitcoin price (BTCUSD) decline stopped at the EMA50 that formed good support against the price, accompanied by witnessing positive signals through stochastic now, which supports the chances of starting new bullish wave today, to head towards achieving gains that we expect to start at 68050.00$ and extend to 70000.00$.

Therefore, the bullish bias will be suggested for the upcoming sessions, noting that breaking 66980.00$ will put the price under more negative pressure to head towards testing 65485.00$ areas before any new attempt to rise.

The expected trading range for today is between 66000.00$ support and 69500.00$ resistance.

Trend forecast: Bullish

Wheat price provided positive trades yesterday to reach the EMA50, and bounced bearishly again to resume the expected bearish track on the intraday basis, on its way to test 568.50$ initially, noting that breaking this level will push the price towards 556.00$ as a next negative station.

The EMA50 supports the suggested bearish wave, which will remain valid conditioned by the price stability below 599.00$.

The expected trading range for today is between 565.00$ support and 585.00$ resistance.

Trend forecast: Bearish

Sugar price ended yesterday with clear negativity, as it started to attack 21.55$ level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, affected by the double top pattern that appears on the chart, reminding you that our next target is located at 20.80$.

The technical indicators provide negative signals that support the expectations to decline, taking into consideration that failing to break 21.55$ might push the price to test 22.15$ and might extend to 22.73$ before any new negative attempt.

The expected trading range for today is between 21.00$ support and 21.80$ resistance

Trend forecast: Bearish

The NZDUSD price found difficulty to consolidate above 0.6070$ level, to decline clearly yesterday and test the falling wedge’s support line that appears on the chart, to notice that the price attempts to rise now, supported by the RSI positivity, waiting to test 0.6070$ initially, noting that breaching it will push the price towards 0.6140$ direct.

On the other hand, we should note that breaking 0.6025$ followed by 0.6000$ levels will stop the expected rise and push the price to turn to decline.

The expected trading range for today is between 0.6000$ support and 0.6100$ resistance

Trend forecast: Bullish