Bitcoin price (BTCUSD) succeeded to achieve our waited target at 73360.00$ and surpassed it to approach the second extended target at 73818.00$, and the way seems open to continue the rise and achieve new historical levels in the upcoming sessions, noting that breaching the last level will push the price to wards 76480.00$ as a next main station.

Therefore, we will continue to suggest the bullish trend, taking into consideration that breaking 70556.50$ will stop the bullish rally and push the price to achieve some bearish correction before turning back to rise again.

The expected trading range for today is between 71000.00$ support and 74500.00$ resistance.

Trend forecast: Bullish

Wheat price reached few pips away from our waited target at 568.50$, and bounced upwards clearly from there to achieve some intraday gains, as it reached the intraday bearish channel’s resistance line, accompanied by stochastic loss to the positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for the upcoming period, noting that breaking 568.50$ will extend the bearish wave to reach 555.60$.

On the other hand, we should note that the continuation of the rise and breaching 599.00$ will stop the bearish trend and lead the price to return to the correctional bullish track again.

The expected trading range for today is between 570.00$ support and 592.00$ resistance.

Trend forecast: Bearish

Sugar price continues to fluctuate at 21.55$ level, waiting to break this level to confirm the continuation of the bearish trend in the upcoming period, noting that stochastic loses its positive momentum to support the chances of achieving the required break.

Therefore, the bearish trend will remain suggested on the intraday basis, reminding you that our next targets start at 20.80$ and extend to 20.08$, while achieving them requires holding below 22.15$.

The expected trading range for today is between 21.30$ support and 22.00$ resistance

Trend forecast: Bearish

Soybean price shows more bearish bias to gradually approach our waited negative target at 960.30$, supported by the negative pressure formed by the EMA50, to keep the negative scenario valid and active for the upcoming period, noting that breaching 1000.00$ will stop the suggested bearish wave and push the price to achieve intraday gains and test 1028.80$ areas before any new attempt to decline.

The expected trading range for today is between 960.00$ support and 995.00$ resistance.

Trend forecast: Bearish