Bitcoin price (BTCUSD) shows new negative trades to test 95195.00$ level, waiting to break this level to confirm extending the correctional bearish wave and achieve new negative targets that start at 90750.00$ and extend to 87055.00$.

Therefore, we will continue to suggest the bearish trend for today unless the price rallied to breach 100800.00$ and hold above it.

The expected trading range for today is between 94000.00$ support and 99200.00$ resistance.

Trend forecast: Bearish

The precious metals and commodities didn’t show any strong move since morning, as the tight range dominates the recent trades, to keep the morning suggested scenario valid without any change for today, and we recommend reviewing them to check the expected trends and targets for the upcoming period.,

The GBPUSD price finds solid support formed at the breached resistance of the bearish channel that appears on the chart, waiting to resume the bearish trend affected by the previously completed head and shoulders’ pattern to head towards our next negative target at 1.2400$.

In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 1.2566$ followed by 1.2605$ levels and holding above them.

The expected trading range for today is between 1.2390$ support and 1.2545$ resistance

Trend forecast: Bearish

The EURUSD price shows new positive trades to test 1.0400$ level again, which urges caution from the upcoming trading, as continuing the rise and breaching 1.0420$ followed by 1.0475$ levels will stop the expected bearish trend for today and push the price to build bullish wave on the intraday basis, while the price needs to break 1.0333$ to confirm extending the bearish wave towards 1.0250$ as a next main target.

The expected trading range for today is between 1.0275$ support and 1.0420$ resistance

Trend forecast: Bearish