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Bitcoin price (BTCUSD) faces solid support – Forecast today - 27-12-2024

Economies.com
2024-12-27 04:16AM UTC

Bitcoin price (BTCUSD) trades at the key support 95195.00$ and finds difficulty to break it until now, waiting to get negative motive that assist to push the price to confirm the break followed by resuming the bearish trend that targets 91000.00$ followed by 87055.00$ levels as next main stations.

 

The bearish channel organizes the suggested bearish wave, noting that breaching 98600.00$ will stop the bearish trend and push the price to build bullish wave that its targets begin by visiting 105070.00$ areas.

 

The expected trading range for today is between 91000.00$ support and 96000.00$ resistance.

 

Trend forecast: Bearish

Soybean price rallies upwards – Forecast today - 27-12-2024

Economies.com
2024-12-27 04:15AM UTC

Soybean price trade with strong positivity in the previous sessions to breach 975.00$ and approach 1000.00$ barrier, to hint heading to recover in the upcoming period, but we notice that stochastic loses its positive momentum and might push the price to decline again.

 

Now, we prefer to stay aside until we get clearer signal for the next trend, noting that the continuation of the rise and breaching 1000.00$ will lead the price to achieve additional gains that reach 1015.00$ followed by 1030.00$ as next positive stations, while breaking 975.00$ will reactivate the negative scenario that targtes 960.00$ followed by 940.00$ levels mainly.

 

The expected trading range for today is between 975.00$ support and 1010.00$ resistance.

 

Trend forecast: Neutral

Corn price achieves clear gains – Forecast today - 27-12-2024

Economies.com
2024-12-27 04:15AM UTC

Corn price rallied upwards clearly in the previous sessions to surpass 451.60$ and approach the waited target at 463.30$, and we suggest the continuation of the bullish bias to achieve additional gains that reach 474.60$ on the near-term basis.

 

Therefore, the bullish trend will remain valid for the upcoming period, noting that breaking 454.00$ will stop the bullish wave and put the price under negative pressure on the intraday basis.

 

The expected trading range for today is between 450.00$ support and 465.00$ resistance.

 

Trend forecast: Bullish

The USDCHF price awaits the breach – Forecast today - 27-12-2024

Economies.com
2024-12-27 04:15AM UTC

The USDCHF price touched 0.9014 level and finds solid support there, waiting to get positive motive that assist to push the price to breach this level and rally towards our next main target that reaches 0.9100.

 

Therefore, the bullish trend scenario will remain valid and active unless breaking 0.8884 and holding below it.

 

The expected trading range for today is between 0.8930 support and 0.9060 resistance.

 

Trend forecast: Bullish